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INDUSTRY FIRST

Orby Ai Emerges From Stealth, Announces Funding To Build Generative Ai Software That Learns What You Do And Does It For You

May 10, 2023over 2 years ago
SunnyvaleInformation Technology

Investors

Wing VcNew Enterprise Associates, Inc.Pear Vc

Description

Today Orby AI ("Orby") has announced that it emerged from stealth to further develop its AI platform designed to democratize the use of Generative AI to automate repetitive human processes. The company also announced that it has raised $4.5M in seed funding from lead investors Pear VC and New Enterprise Associates, Inc. (NEA), with additional investment from Wing VC. The funding will be used to continue growing the team and further the research and development

Company Information

Company

Orby AI

Location

1049 EL MONTE AVENUE

Sunnyvale, California, United States

About

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.

FundzWatch™ Score

74
Medium Activity

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers