Orderfox, a Switzerland-based artificial intelligence company specializing in industrial research and analytics, has officially become a unicorn, achieving a valuation exceeding €1 billion. This milestone comes after an independent valuation by M&A consultancy firm Trown Partners. Remarkably, the company has reached this valuation through funding exclusively from its shareholders.
Major Update to Gieni: The AI Agent for Instant Industry Insights
In tandem with this achievement, Orderfox has launched a significant update to its flagship product, Gieni. Touted as the world’s first AI agent capable of delivering detailed market analysis and insights for any industrial sector in seconds, Gieni aims to revolutionize how businesses access and utilize industry data.
AI Solutions Tailored for B2B and Industrial Sectors
Founded in 2016, Orderfox focuses on meeting the innovation needs of B2B and industrial markets. The company develops intelligent AI-based solutions designed to make business operations and production processes more efficient, faster, and more precise. Their expertise spans various industries, including manufacturing, robotics, supply chain, and construction.
Gieni v2: Empowering Businesses with Rapid Industry Analysis
Earlier this month, Gieni was upgraded to version 2, enhancing its capabilities to perform AI-powered industry analyses, business optimizations, and competitive assessments with exceptional speed and cost-efficiency. It seamlessly integrates with existing Customer Relationship Management (CRM) systems, providing businesses with valuable, up-to-date information right where they need it.
As a B2B AI agent, Gieni aggregates data from across the accessible internet to generate in-depth analyses and create unique, exclusive databases for its users. It can quickly develop a new knowledge base about a specific sector or subsector—a task that would otherwise require extensive human research and effort.
Gieni employs advanced techniques such as GraphRag and Large Language Models to understand user queries comprehensively. It breaks down questions into smaller components and processes them in multiple stages, allowing a single query to trigger several hundred simultaneous searches. Users receive intelligent, detailed answers and interactive dashboards featuring easy-to-understand graphics and diagrams for every question posed.
Partfox: Revolutionizing Procurement in Manufacturing
Another innovative product from Orderfox is Partfox, which aims to transform the procurement process in the manufacturing industry. As the world’s largest AI-based Computer Numerical Control (CNC) network, Partfox optimizes the networking of manufacturing companies and facilitates direct connections between manufacturers and buyers.
The platform considers various factors—technology and production requirements, materials, tolerances, surface finishes, and inspection standards—to find the ideal match between suppliers and purchasers. By automating the matching process, Partfox can accelerate procurement procedures by up to 40%. Currently serving the CNC industry and the broader metalworking sector, as well as plastics and wood processing, the platform plans to expand into additional sectors in the near future.
Executive Insights
Timur Göreci, Chief Revenue Officer at Orderfox Schweiz AG, stated:
“Reaching a company valuation of over one billion euros is a significant milestone that highlights the strength of our technology. We provide companies across various industries with crucial data. Our next step is to fully commercialize our products to unlock their enormous growth potential. With our AI-based solutions, we enable businesses of all sizes and sectors to obtain precise and targeted answers to critical business questions. This significantly advances the automation of knowledge-based activities and propels white-collar automation in the B2B sector.”
Patrick Eggimann, Partner at Trown Partners AG, added:
“The valuation of Orderfox Schweiz AG underscores the immense potential of its innovative AI-based solutions. Orderfox has assumed a pioneering technological role in the industry. Gieni and its specialized databases are set to play a central role in many industries in the future. This billion-euro valuation reflects not only the company’s current growth but also its promising long-term prospects.”