OrCam Technologies

What OrCam Technologies does

OrCam Technologies Ltd., founded in 2010 in Jerusalem by Ziv Aviram and Amnon Shashua, develops AI-powered wearable and handheld assistive devices for people who are blind or visually impaired, and for individuals with reading and learning challenges including dyslexia and ADHD. The core technology stack combines on-device computer vision (OCR from arbitrary surfaces, face recognition, product/banknote/color identification), natural language voice command interfaces, text-to-speech, and a recently added generative-AI conversational assistant, all packaged in compact hardware (a 13-megapixel wearable that clips to glasses, and handheld readers) with offline inference capability. The product portfolio centers on two device families: the MyEye wearable line (MyEye 3 Pro, MyEye 2 Pro) and the Read handheld line (Read 5, Read 3, Read), plus the Learn Basic subscription product targeted at the education vertical.

The business model is primarily a hardware sale (one-time device purchase with 0% APR payment plans over 12-24 months and a 2-year warranty) sold direct-to-consumer through orcam.com and through a US-based distributor network that handles local sales, training, and support. OrCam Learn has introduced a recurring subscription/rental layer (monthly, annual, biennial), and authorized training services add a professional-services revenue stream. OrCam operates corporate entities in Israel, the US, UK, and Germany, distributes across 50 countries in 25 languages (with the Read 5 Smart Magnifier supporting 140+ languages), and serves tens of thousands of users globally; revenue is not publicly disclosed, and cumulative disclosed equity funding totals roughly $86M across rounds led by Intel Capital, b2venture, Clal Insurance, and Meitav Investment House, with no disclosed round since February 2018.

Name

OrCam Technologies

Legal name

OrCam Technologies Ltd.

Website

https://orcam.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

OrCam Technologies builds AI-powered wearable and handheld assistive devices that use on-device computer vision, text-to-speech, and a generative-AI assistant to help blind, visually impaired, and reading-challenged individuals read text, recognize faces, and identify products across 50 countries.

Ownership category

akta.pro rank

Product category

Assistive Technology Devices

NAICS

Ophthalmic Goods Manufacturing (339115), Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)

SIC

Ophthalmic Goods (3851)

akta.pro primary industry

Low Vision & Assistive Vision Devices (Magnifiers, Electronic Video Magnifiers, Wearable Vision Aids) (HLAHAJAN)

akta.pro secondary industries

Assistive Vision & Screen Access (Screen Readers, Magnification, Braille Displays/Notetakers) (EDAFAKAD), AT for Reading, Writing & Learning (Literacy/Executive Function) Tools & Training (EDAKAIAC)

Keywords

• Assistive technology devices
• Wearable AI vision
• Text-to-speech reading
• Computer vision accessibility
• OCR assistive devices

Headquarters

HQ city

Jerusalem

HQ country

Israel

HQ region

Middle East

Offices4 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Personnel, Marketing or Sales, Operations

Revenue model

1. Hardware Device Sales: OrCam sells its assistive devices (MyEye 3 Pro, MyEye 2 Pro, Read 5, Read 3) as one-time purchases with payment plan options (12, 18, or 24 installments at 0% APR). Devices include 2-year warranty and come with accessories.
2. OrCam Learn Subscription: OrCam Learn operates on a rental/subscription model with monthly, annual, or biennial automatic renewal options. The subscription fee includes device rental with recurring payments. A $400 late fee is charged if devices are not returned within 30 days of subscription end.
3. Professional Training Services: Optional in-person or online training by authorized OrCam Trainers. Training fees are non-refundable per the refund policy.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

OrCam designs, manufactures, and sells AI-powered wearable and handheld assistive devices for blind, visually impaired, and reading-challenged individuals. The MyEye product line attaches to glasses and provides hands-free visual assistance through computer vision, OCR-based text reading, face recognition, product identification, and an interactive AI assistant. The Read product line offers handheld reading support with smart magnification for users with low vision, reading fatigue, or learning challenges such as dyslexia and ADHD.

Product overview

OrCam Technologies offers a portfolio of AI-powered assistive devices for visually impaired individuals and those with reading challenges. The product line centers on two device categories: the MyEye wearable line (MyEye 3 Pro and MyEye 2 Pro) that attach to glasses for hands-free visual assistance, and the Read handheld line (Read 5, Read 3, and Read) designed for reading support. The OrCam Learn Basic extends the technology for educational use supporting dyslexia and ADHD. All products leverage computer vision for OCR text recognition, text-to-speech for audio output, and voice command interfaces. The portfolio spans from wearable accessibility solutions to handheld reading aids, providing a comprehensive ecosystem addressing low vision, blindness, reading fatigue, and learning challenges.

Differentiator

Problem solved

Functional benefit

Brands

• OrCam MyEye: Wearable AI assistive device for the blind and visually impaired that provides visual and text descriptions, facial recognition, and AI assistant capabilities.
• OrCam Read
• OrCam Learn

Products and services

• OrCam MyEye 3 Pro Wearable AI device for blind and visually impaired individuals that attaches to virtually any pair of glasses. Provides real-time visual and text descriptions, face recognition, OCR-based text reading from any surface, product identification, and an interactive AI assistant. Available in more than 20 languages.
• OrCam MyEye 2 Pro Wearable AI solution that instantly reads text from any book or screen and recognizes faces for visually impaired users. Attaches to glasses for hands-free accessibility assistance.
• OrCam Read 5 Handheld AI-powered reading device for users with low vision and reading fatigue. Features an interactive AI companion for natural conversation about text content and a Smart Magnifier that transforms any computer screen into a customizable magnifier. Supports over 140 languages.
• OrCam Read 3 Handheld device equipped with an AI-powered Smart Reading Magnifier that reads any text from any surface. Functions as a stationary reader when placed on its stand. Features an interactive AI assistant enabling Q&A about text content and summarization. Supports 140 languages.
• OrCam Read Easy-to-use handheld AI reading device designed for people with reading difficulties related to mild to moderate low vision, age-related vision loss, or reading fatigue.
• OrCam Learn Basic AI-powered reading and learning companion tailored for people facing reading and learning challenges, including Dyslexia and ADHD. Features Read Aloud (OCR and Text-to-Speech), Reading Pal for fluency feedback, and supports single word, paragraph, and full page reading modes. Operates on a subscription/rental model with automatic renewal.

Quantifiable outcome

• Student grades improved from C to A after using OrCam Learn Basic
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature8 records

Partnerships

One partnership is on record.

• US-Based DistributorscoreChannel Partner/ Reseller/ DistributorOrCam works with US-based distributors who handle local sales, customer support, and training. The company is working closely with these partners to best address customer needs seamlessly. Customer Support, R&D, Manufacturing, and Operations continue to function and respond to users' needs through these distribution channels.

Scale indicators5 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Envision: Envision builds AI-powered smart glasses and a mobile app that read text, recognize faces, and describe surroundings for blind and visually impaired users. It is the closest direct competitor to OrCam MyEye in wearable AI vision assistance.
• HumanWare: HumanWare manufactures assistive technology devices for the blind and low-vision community, including portable magnifiers and electronic video magnifiers that overlap directly with OrCam's Read handheld product line.
• Vispero (Freedom Scientific / Optelec): Vispero owns Freedom Scientific (JAWS screen reader, ZoomText magnifier) and Optelec low-vision magnifiers, making it a direct competitor across both screen-access software and handheld/low-vision magnification hardware that overlap with OrCam's Read devices.
• LVI Group (Low Vision International): LVI Group manufactures electronic video magnifiers and low-vision aids that directly compete with OrCam's Read handheld magnifier line in clinical and consumer low-vision channels.

Emerging players

• Aira: Aira provides on-demand visual interpreting via smart glasses and a network of trained agents, addressing the same blind/low-vision use cases as OrCam MyEye but via human-in-the-loop service rather than on-device AI.
• Be My Eyes: Be My Eyes offers a smartphone app connecting blind users to sighted volunteers and now AI agents for visual assistance. It competes with OrCam on convenience and price (free/phone-based) versus dedicated hardware.
• Selvas AI (Hims / Blitab): Selvas AI (Korean) and similar niche players build AI-powered magnifiers and braille/literacy devices that compete with OrCam Read in the handheld low-vision segment, especially in Asian markets.
• Speechify: Speechify provides text-to-speech and OCR via mobile and desktop apps for users with reading difficulties including dyslexia and ADHD, overlapping with OrCam Read and Learn in the reading-challenge segment.

Broad incumbents

• Microsoft (Seeing AI): Microsoft's Seeing AI app delivers text reading, face recognition, and scene description on smartphones, representing a free platform-level substitute that targets the same use cases as OrCam MyEye.
• Apple (Accessibility): Apple bundles VoiceOver, Magnifier, Live Captions, Door Detection, and Point and Speak directly into iOS, providing free, integrated accessibility features that overlap with OrCam's core functionality on devices most users already own.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/OrCam
• YouTubeyoutube.com/c/OrCamTech
• Facebookfacebook.com/orcamtech
• LinkedInlinkedin.com/company/orcam
• Instagraminstagram.com/orcam_technologies

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds4 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OrCam Technologies