Tech Company Financing Transactions
Oro Labs Funding Round
Oro Labs, operating out of Palo Alto, received $34 million in funding from Felicis Ventures, B Capital Group and Norwest Venture Partners.
Transaction Overview
Company Name
Announced On
11/1/2023
Transaction Type
Venture Equity
Amount
$34,000,000
Round
Series B
Investors
Proceeds Purpose
This company intends to use the funds to scale international and platform growth.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
2100 Geng Road Suite 210, Number 118
Palo Alto, CA 94303
USA
Palo Alto, CA 94303
USA
Phone
Undisclosed
Website
Email Address
Overview
ORO's smart intake engine directs any business user to a compliant process. With ORO, you guide any business user through even the most complex purchase request with ease. We are on a mission to use our 40+ years of collective procurement tech experience to make things faster, better for all users and groups. We believe modern companies need agility & speed in procurement and supply-chain. This will not only help companies achieve compliance but can have a direct impact on top-line.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sudhir Bhojwani
Chief Technical Officer
Yuan Tung
Co-Founder
Lalitha Rajagopalan
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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