Ori

Boston, Massachusetts, United States Real Estate Technology Acquired

Ori designs robotic, transforming furniture and smart-space systems that let small apartments function like larger ones, with beds, walls, and offices that move at the touch of a button. Spun out of the MIT Media Lab and named after origami, it sells to multifamily real estate developers and residents across the United States. Ori has installed over 2,000 systems in more than 1,750 apartments and partnered with IKEA on the Rognan robotic furniture line.

Acquired

Ori has been acquired

Acquired by Brookfield Asset Management (AI Infrastructure Fund) February 24, 2026

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2015

Employees

11–50

Total Funding

$26M

3 rounds

Latest Valuation

$0.04B

February 16, 2025

Funding

Total raised $26M across 3 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-03-2026

Latest Round

Type

Seed extension / Series A

Date

April 22, 2021

Amount

$10.4M

Valuation

$0.04B

Lead Investors

Not disclosed
DateRoundAmount RaisedValuationLead Investors
February 16, 2025 Series D $140M Not disclosed
April 22, 2021 Seed extension / Series A $10.4M $0.04B Not disclosed
May 8, 2019 Seed $2M Episode 1 Ventures

Leadership

  • Hasier Larrea

    Founder & CEO

    LinkedIn
  • Ivan Casadevante Etxezarreta

    VP of Product, Cofounder

  • Paul Oakley

    EVP, Operations & Corporate Development

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • CoreWeave

    Cloud GPU provider offering infrastructure for AI workloads with rapid deployment capabilities

  • Lambda

    Supercomputing and AI cloud infrastructure provider with high-density GPU deployments for AI training and inference

  • Crusoe

    Vertically integrated AI cloud platform specializing in cloud computing and data center services for AI workloads

Access live market data

Sign Up

Data collected with AI, which can make mistakes. Please double-check this information.