Tech Company Financing Transactions
Orby AI Funding Round
Orby AI secured a $4.5 million Seed venture capital round on 5/10/2023. Investors included New Enterprise Associates, Pear VC and Wing Venture Capital.
Transaction Overview
Company Name
Announced On
5/10/2023
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to continue growing the team and further research and development efforts.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1049 El Monte Avenue Ste C #859
Mountain View, CA 94040
USA
Mountain View, CA 94040
USA
Phone
Website
Email Address
Overview
According to a McKinsey Future of Work report, 60% of jobs have at least 30% of the work that is repetitive and automatable. Much of that work entails processing payments across finance and accounting departments, ticket resolution for customer support, and inputting lead management data for sales teams. Orby provides a unique "observe, learn, and automate" end-to-end experience. Orby observes a user's activities, identifies repetitive work steps and automatically generates code that ultimately automates these tasks. Moreover, Orby works behind the scenes to continuously learn from human feedback, becoming smarter over time with no coding involved whatsoever.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bella Liu
Chief Technical Officer
Will Lu
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Where The Data Comes From
We document tech company VC transactions. VC investment data records reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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