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Orb September 2024 Series B Funding Round

Orb September 2024 Series B Funding Round

Orb raises $25M Series B

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Is a
Funding round
Funding round

Funding Round attributes

Funding Type
Series B
Series B
Funded Company
Orb
Orb
Funding Round Amount (USD)
25,000,000
Investment
Greylock
Greylock
Menlo Ventures
Menlo Ventures
South Park Commons
South Park Commons
Scribble Ventures
Scribble Ventures
‌
BaseCase
Announcement URL
withorb.com/blog/series-b
Funding Round Date
September 17, 2024

Orb, a company specializing in modern billing infrastructure for software businesses, announced a $25 million Series B funding round. This round was led by Mayfield Fund, raising Orb's total funding to $44 million. Orb aims to improve its platform, which helps companies adopt usage-based and outcome-based pricing models. These solutions simplify the billing process, unifying finance, accounting, and sales teams. The new capital will be directed towards advancing the platform to better serve companies leveraging AI and other technologies. More details can be found in their

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