Founded in 2013, OR7 Capital LLC is a North American venture capital firm created with a mission to grow and build great companies. Our core mission and values are simple:
We seek out smart companies poised for growth with a focus on key sectors driving the world’s economies, where the Internet of Things, mobile technology, and people converge. We partner with exceptional management teams and provide decision support at every stage, and provide capital, vision, and resources, whilst also providing strategic assistance to prioritize opportunities and expertise to execute on them; develop business development and operational excellence. We assist in developing profitable and sustainable models that break molds and create opportunity.
Two quotes inspired me to found this firm:
“Take calculated risks. That is quite different from being rash.” General George S. Patton
“Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.” Jack Welch
Founder and CEO
OR7 Capital LLC
OR7 creates success by focusing on opportunities and companies in the most vital and fast-changing sectors driving the world’s economies, where healthcare and technology converge.
The Internet of Things (IoT) is emerging as the third wave in the development of the internet. The 1990s’ internet wave connected one billion users while the 2000s’ mobile wave connected another two billion. The IoT has the potential to connect 10 times as many (28 billion) “things” to the internet by 2020, ranging from bracelets to cars. Breakthroughs in the cost of sensors, processing power and bandwidth to connect devices are enabling ubiquitous connections right now. Smart products like smart watches and home based products are already gaining traction. The technical definition of The Internet of Things (IoT) is the network of physical objects accessed through the internet. These objects contain embedded technology to interact with internal states or the external environment and when an object can sense and communicate, it changes how and where decisions are made, and who makes them.
Stefan Galloro, CEO of OR7 Capital and brings his entrepreneurial and business development experience to the high-profile, emerging technology markets and IoT. He is a passionate business leader with international business experience and brings a wealth of experience in wireless, telecommunications and management consulting and is a subject matter expert in M2M/IoT, mobile, platforms, and wireless service delivery. Stefan has first-hand experience leading teams to drive significant growth within businesses and has cultivated deep partnerships with industry leaders, key customers, and stakeholders.