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.