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Venture Capital News: ORO Labs Scores $34M Series B

2023-11-01
SAN FRANCISCO, CA, ORO Labs, a leading global SaaS provider and creator of the world's foremost smart workflow orchestration platform for procurement, announced it has raised $34 million in Series B funding led by Felicis.
ORO Labs, a leading global SaaS provider and creator of the world's foremost smart workflow orchestration platform for procurement, announced it has raised $34 million in Series B funding led by Felicis, with participation from existing investors including Norwest Venture Partners, B Capital, and XYZ Venture Capital.

This latest round, which will support the company's rapid scaling of international and platform growth, closes at the one-year milestone of ORO's launch and the company's November 2022 $25 million Series A, bringing total investment raised to $60 million.
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