Orby AI raised $30 million in a series A round led by New Enterprise Associates (NEA), Wing VC, and WndrCo to develop a generative AI process automation platform powered by a large action model (LAM).

Jun 27, 2024•about 1 year ago

Amount Raised

$30 Million

Round Type

series a

Mountain ViewInformation Technology

Investors

Pear VcWndr CoWing VcNew Enterprise Associates (Nea)

Description

Orby AI, a technology trailblazer in generative AI solutions for the enterprise, raised $30 million in a series A round co-led by New Enterprise Associates (NEA), Wing VC, and WndrCo with additional participation from Pear VC. The funding will be used to accelerate the development and commercialization of the industry’s first generative AI process automation platform powered by a sophisticated large action model (LAM).

Company Information

Company

Orby AI

Location

1049 EL MONTE AVENUE

Mountain View, California, United States

About

Orby is the only Generative Process Automation platform that empowers organizations to automate on their terms; complex labor intensive processes, simple time-consuming repetitive tasks, multi-touch workflows that require contextual reasoning… wherever automation can impact your organization, Orby can help. Orby empowers your best teams to focus on what they do best - what contributes to the success of the enterprise - and delegate tedious tasks to automation.

Related People

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

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech