Orb raised $25M in a Series B funding round led by Mayfield to enhance its billing platform for intelligent software monetization.
Orb raised $25M in a Series B funding round led by Mayfield to enhance its billing platform for intelligent software monetization.
09/17/24, 12:35 PM
Location
san franciscoMoney raised
$25 million
Round Type
series b
Investors
Uncorrelated Ventures, Scribble Ventures, Basecase, South Park Commons, Greylock Partners, Menlo Ventures, Mayfield
Orb announced $25M in Series B funding, aiming to transform software billing as businesses adapt to AI-driven models. This new funding, which brings Orb's total to $44.1 million, will empower growth in the evolving software landscape.
Company Info
Location
san francisco, california, united states
Additional Info
Orb is the modern pricing platform that gives businesses the ability to bill for seats, consumption, and everything in between. We are on a mission to provide every business with the infrastructure to unlock their revenue.
To date, we’ve powered billing and invoicing for high-growth companies like Airbyte, Materialize, and Dune Analytics, saving them $500k+/year in engineering costs and accelerated their product launches. With Orb’s developer-extensible approach, our customers are able to automate billing, and still have the flexibility to experiment with pricing.
Our product supports the end-to-end workflow for revenue, helping teams across Product, Eng, Finance, and RevOps achieve their goals faster.
To date, we’ve powered billing and invoicing for high-growth companies like Airbyte, Materialize, and Dune Analytics. We’ve saved them $500k+/year in engineering costs and accelerated their product launches. With our developer-first approach, our customers have the flexibility to evolve their monetization without letting billing get in the way.