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Venture Capital News: Orb Secures $25M Series B Funding Round

2024-09-17
SAN FRANCISCO, CA, Orb, the modern billing platform reimagining how businesses monetize software, today announced $25 million in Series B funding.
The round was led by Mayfield, with participation from existing investors Menlo Ventures, Greylock Partners, South Park Commons, Basecase, and Scribble Ventures and new investor Uncorrelated Ventures. The new round brings Orb's total funding to $44.1 million, and will enable the company's growth as it empowers businesses with the infrastructure needed to adapt to evolving software landscapes and emerging AI-driven business models.

Orb is the modern billing platform built for the future of software monetization. With the ethos of 'We built billing so you don't have to,' Orb provides flexible, developer-friendly infrastructure that empowers businesses to implement innovative pricing strategies that keep pace with rapid product evolution. Based in San Francisco, Orb is backed by leading investors including Mayfield, Menlo Ventures, and Greylock Partners. Starting today, businesses can sign up for a free trial of Orb's platform at withorb.com, enabling them to experience firsthand how Orb can transform their billing and monetization strategies.
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