ORA Technologies raises $1 million in pre-seed funding round

ORA Technologies, Moroccan tech company, announced that it has successfully secured $1 million in a pre-seed funding round. The raise was achieved over three rounds and solely through private investors within the last eight months.

Founded in 2023 by Omar Alami and six others, Ora technologies has a super app, ORA Maroc, that offers multiple features, including P2P transactions, an e-commerce platform, on-demand services, chat functionality, social networking. It is expecting to launch a digital wallet soon.

Since its launch 9 weeks ago, ORA Maroc has been a game-changer in the digital space, amassing an impressive 140,000 downloads. This rapidly growing user base reflects the app’s vital role in fostering a digitally inclusive society that caters to all Moroccans, including the illiterate and members of the diaspora.

ORA Technologies’ vision is one of digital democratization. The company is deeply invested in making e-commerce and digital payment solutions universally accessible. The super-app, ORA Maroc, epitomizes this ethos by bundling various essential services into a unified, user-friendly interface. This integration allows users to seamlessly perform a multitude of tasks – from engaging in commerce and social networking to navigating to local points of interest.

ORA Maroc’s success and the backing of local private investors demonstrate ORA Technologies’ dedication to developing cutting-edge digital solutions that are accessible to all Moroccans. The company is committed to continuous growth and meeting the needs of its expanding user base