Orisha

What Orisha does

Orisha is a European B2B vertical SaaS software publisher serving more than 50,000 customers across five specialized sectors: Retail & Commerce, Healthcare, Real Estate, Construction, and Agrifood. Headquartered in Paris and operating from more than 20 offices across 6 countries (France, Netherlands, Spain, Sweden, Belgium, Luxembourg), the group generated approximately €350M in FY2025 revenue and employs roughly 2,300 people. Originally founded in 2003 as DL Software, the company was rebranded to Orisha in October 2023 to unify more than 25 acquired software brands under a single identity.

The company's product portfolio is built around cloud-native, vertical-specific management suites augmented by Scout, a transverse generative-AI assistant developed in-house and accessible within each application. Core offerings include Openbravo (unified commerce, POS, OMS, WMS), Tweakwise (AI-driven e-commerce search and discovery), Core-Suite and Vendre (B2B/B2C portals), OGiRYS/MOGiRYS/OLARYS (healthcare DUI for the disability sector), Powimo (real estate rental and co-ownership), Advae (cloud-based construction management), and Agrifood solutions from Gaïana and Gregal. The underlying platform is built on Microsoft Azure and integrates Azure OpenAI services to power AI features across the portfolio.

Orisha makes money primarily through custom-priced, annual SaaS subscriptions sold directly to enterprise and mid-market buyers via dedicated vertical sales teams, with no public self-serve pricing. Revenue is supplemented by AI-enhanced module upsells and professional services. Growth has been driven by an aggressive M&A roll-up strategy executed since TA Associates' investment in 2021 and reinforced by Francisco Partners' co-controlling stake from July 2024, with 19 acquisitions completed since 2021 across all five verticals and into adjacent European geographies.

Name

Orisha

Legal name

Orisha

Website

https://orisha.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Orisha is a European B2B vertical SaaS publisher serving 50,000+ customers across retail, healthcare, real estate, construction, and agrifood, generating ~€350M in 2025 revenue from cloud-native, AI-augmented software suites built around its Scout AI assistant.

Ownership category

akta.pro rank

Product category

Vertical SaaS Software

NAICS

Software Publishers (5132), Software Publishers (513210)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG)

Keywords

• Vertical saas software
• Unified commerce platform
• Healthcare management software
• Real estate software
• Construction management software

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS Subscriptions: Orisha generates the majority of its revenue through SaaS subscription fees from its vertical-specific software solutions. Each Business Unit (Commerce, Healthcare, Real Estate, Construction, Agrifood) offers cloud-based management software on a recurring subscription model, with contracts typically annual or multi-year.
2. AI-Enhanced Software Add-ons: Scout AI capabilities are embedded across the existing software portfolio, creating upsell and cross-sell opportunities within the installed base, with investments of approximately 90 million euros in R&D in 2025 (25% of revenue), largely directed at AI and Data.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels9 records

Core offering

Orisha is a European B2B SaaS software publisher that designs, sells, and supports vertical-specific management software suites across five business units: Commerce (unified commerce, POS, e-commerce, OMS/WMS for retail), Real Estate (property valuation, rental management, virtual tours, CRM), Health & Safety (medical practice management, homecare, social and medico-social institutions), Construction (estimation, site tracking, billing, BIM), and Agrifood (wine, horticulture, agriculture, beverage distribution). All solutions are cloud-native SaaS subscriptions enhanced by Scout, the company's in-house generative AI assistant.

Product overview

Orisha is a European B2B software publisher offering sector-specific SaaS management solutions across five business units: Commerce (retail chains and proximity retail), Real Estate, Health & Safety (healthcare, homecare, and insurance), Construction, and Agrifood. The portfolio combines organically developed modules and acquired products into a unified platform-plus-modules architecture. The Commerce BU is anchored by the Openbravo unified commerce platform (POS, self-checkout, inventory/order management, warehouse management, reporting) supplemented by Tweakwise Discovery Suite for AI-powered e-commerce search, Core-suite and Vendre for B2B/B2C online portals, and Optimizers' App2Track for logistics. The Real Estate BU integrates Powimo (from Seiitra) for rental and co-ownership management. The Health & Safety BU consolidates Q2/G5 and Must One (from Must Informatique), OGiRYS/MOGiRYS/OLARYS (from SociaNova), and Teranga's facility management solutions. All business units share Scout, Orisha's transverse AI companion, accessible via natural-language interaction within each software product.

Differentiator

Problem solved

Functional benefit

Brands

• Openbravo POS: Point of sale and unified commerce platform solution
• Tweakwise
• Core-Suite
• Vendre
• App2Track
• Scout
• OGiRYS
• MOGiRYS
• OLARYS
• Must Informatique
• Advae

Products and services

• Orisha Commerce

Quantifiable outcome

• 40% reduction in time spent on administrative and repetitive tasks through AI-powered automation (Scout)
• +4 more outcomes

Named customers22 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature12 records

Partnerships

Four partnerships are on record, tiered minor and core.

• NumeumminorStrategic or Co-development Partner · 1 November 2025Numeum is the French digital technology industry association representing over 2,500 companies that account for 85% of the sector's revenue in France. Orisha joined Numeum in late 2025 to advocate for useful tech anchored in the real economy, contribute to the French tech roadmap, and strengthen its voice in the sector.
• Publicis LMA & Publicis Media ProcoreGTM or Marketing Partner · 1 January 2025Publicis LMA and Publicis Media Pro orchestrated Orisha's first major 360° brand campaign launched June 2, 2025, spanning TV, DOOH, digital, and social media. This campaign marked Orisha's transition from B2B marketing to mainstream brand building.
• MicrosoftcoreTechnology or Integration · 1 January 2024Microsoft is a key technology partner for Orisha. Orisha uses Microsoft Azure cloud infrastructure, Azure OpenAI services for its Scout AI platform, and participated in a Hackathon focused on Microsoft Azure OpenAI technologies. Orisha was named a finalist in the Microsoft Partner of the Year Awards in the Software Publishers category for France. Orisha's CTO Aymeric Thas-Pinot co-hosts a podcast on AI with Microsoft's Dominique Pochat.
• Carré Noir (Publicis)minorStrategic or Co-development Partner · 1 January 2023Carré Noir, a brand identity agency (part of Publicis), led the 2023 rebranding of DL Software into Orisha, conducting deep analysis of Orisha's DNA and business challenges. The resulting brand identity positions Orisha as a 'guide' for clients with the tagline 'Lighting up the Way.'

Scale indicators35 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Vitec Software Group: Swedish vertical SaaS consolidator acquiring niche software businesses across Europe. Closely mirrors Orisha's roll-up strategy in vertical-specific industries, with similar scale and a publicly traded comparable.
• Cegid: French B2B SaaS publisher serving retail, ERP, HR, and finance verticals with comparable size (~€700M revenue) and a similar vertical-software consolidation playbook. Most directly comparable to Orisha by geography, customer base, and product portfolio overlap.
• Aptean: US-based VMS acquiring and operating vertical-specific ERP and CRM software businesses across manufacturing, distribution, healthcare, and retail. Closely comparable to Orisha's vertical-software consolidation strategy.
• TOTAL Specific Solutions (TSS): Dutch VMS platform owned by Constellation Software, acquiring vertical B2B software companies across Europe. Highly comparable acquisition model, geographic footprint, and vertical SaaS focus to Orisha.

Broad incumbents

• Constellation Software: Canadian VMS consolidator and the canonical model for vertical SaaS roll-ups (acquired 1,000+ software businesses). Comparable in acquisition-driven growth philosophy though far larger and globally diversified.
• Sage Group: UK-listed accounting and ERP software provider serving SMB and mid-market across multiple verticals. Comparable as a European-headquartered, multi-vertical SaaS publisher at similar scale.
• Wolters Kluwer: Dutch listed company providing vertical information services and software for professionals in healthcare, legal, tax, and finance. Comparable in European vertical specialization and recurring-revenue model, though larger and more established.
• Infor: Enterprise software vendor specializing in industry-specific CloudSuites for manufacturing, distribution, healthcare, and hospitality. Comparable vertical-cloud strategy at much larger scale and owned by Koch Equity Development.
• IFS: Enterprise software vendor with deep vertical focus on asset-intensive industries (construction, manufacturing, energy, aerospace). Comparable as a vertical-ERP player with AI-enabled product strategy.

Emerging players

• Simpro Group: Vertical SaaS provider for trades, field service, and construction contractors. Comparable overlap with Orisha's Construction BU and field-services workflow focus, though narrower in scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@GroupOrisha/videos
• LinkedInlinkedin.com/company/orisha-group

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries13 records

Funding overview

Funding rounds3 records

Investors3 records

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

M&A29 records

Investments

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

Frequently asked questions about Orisha