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ORO Labs logo — ORO is an AI-native procurement orchestration platform built...

ORO Labs

ORO is an AI-native procurement orchestration platform built for the enterprise

Founded 2020 United States Palo Alto, United States 270 employees Series B Total: $59.00M Supply Chain

General Information

Company Name ORO Labs
Founded Year 2020
Location United States Palo Alto, United States +1
Employees 270
Industries Supply Chain
Funding Stage Series B
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About ORO Labs

ORO Labs, founded in 2020 and headquartered in the United States, aims to revolutionize procurement processes with its slogan "ORO makes procurement incredibly easy and efficient for employees." The company recently secured a noteworthy $34.00M Series B investment on 01 November 2023 from a group of prominent investors including Felicis Ventures, B Capital Group, Norwest Venture Partners, and XYZ Capital. ORO Labs' innovative approach in streamlining procurement, coupled with the significant investment backing from reputable venture capital firms, positions the company for substantial growth and market traction. This infusion of capital will likely enable ORO to expand its product offerings, scale operations, and penetrate new markets, solidifying its position as a disruptive force in the procurement industry. With the continued support of these influential investors, ORO is well poised to amplify its impact, fulfill its mission to #MakeProcurementAwesome, and deliver substantial returns for its stakeholders.

Taxonomy: procurement, employee empowerment, simplified procurement, user-friendly, innovative solution, streamlined process

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 4
Investor Investor Investor
•••• •••• 		01 Nov 2023
Series A •••••• 4
Investor Investor Investor
•••• •••• 		03 Nov 2022

ORO Labs Alternatives & Competitors

ORO Labs vs
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FAQ About ORO Labs

ORO is an AI-native procurement orchestration platform built for the enterprise
ORO Labs was founded in 2020.
ORO Labs is headquartered in Palo Alto, United States.
ORO Labs operates in the following industries: Supply Chain.
ORO Labs has approximately 270 employees.
ORO Labs has completed 2 funding rounds, raising a total of $59.00M. The latest funding stage is Series B.
Top alternatives and competitors to ORO Labs include Dragon Sourcing, ArcBlue, Monq, Procurement Co., Fydu. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ORO Labs and Dragon Sourcing are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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