Oro, An Open-Source B2B Ecommerce Platform From Magento’s Cofounder, Raises $13M

Jan 19, 2023•almost 3 years ago

Amount Raised

$13 Million

Los AngelesCrmB2bMarketplaceE CommerceSaas

Description

Oro, an open source ecommerce platform co-created by Magento’s cofounder and former CTO, today announced it has raised $13 million in a strategic growth round of funding.

Company Information

Company

ORO

Location

Los Angeles, California, United States

About

OroCommerce is the leading cloud-based B2B digital commerce platform, fueling digital transformation for manufacturers, distributors, and wholesalers. The solution facilitates launching multiple websites and portals for different brands, business models, territories, and core models. OroCommerce has unique capabilities including OroCommerce CRM, the industry's most flexible multi-channel CRM module, and OroCommerce Marketplace, the analyst-recognized marketplace management module for all business use cases.

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Funding Insights

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Tech investment trends

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

Oro, An Open-Source B2B Ecommerce Platform From Magento’s Cofounder, Raises $13M

Description

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Funding Insights

Company Information