Oro Raises $25 Million In Series A Funding To Reimagine Procurement
11/03/22, 1:08 PM
Location
los angelesMoney raised
$25 million
Industry
crm
b2b
marketplace
e commerce
saas
Round Type
series a
ORO, a modern enterprise software platform that helps orchestrate end-to-end procurement across teams, today announced $25 million in Series A funding co-led by Norwest Venture Partners and B Capital, with participation from XYZ Venture Capital and additional funding from Array Ventures and other investors. ORO was founded by three former product leaders at SAP Ariba to bridge the disconnect between the modern enterprise’s need for agile, decentralized purchasing and the requirement for controls and compliance checks. The funding will be used for hiring across all roles to accelerate delivery and deployment of the company’s recently announced Smart Procurement Workflows.
Company Info
Location
los angeles, california, united states
Additional Info
OroCommerce is the leading cloud-based B2B digital commerce platform, fueling digital transformation for manufacturers, distributors, and wholesalers. The solution facilitates launching multiple websites and portals for different brands, business models, territories, and core models. OroCommerce has unique capabilities including OroCommerce CRM, the industry's most flexible multi-channel CRM module, and OroCommerce Marketplace, the analyst-recognized marketplace management module for all business use cases.