- Companies
- ORO Labs
ORO Labs Funding, Investors & Competitors
ORO Labs has raised $159M across 3 funding rounds, most recently a $100M Series C in March 2026.
Last ORO Labs funding round
$100M
Series C · Mar 2026
Cumulative funding ORO Labs raised
$159M
across 3 funding rounds
Key investors in ORO Labs
Norwest
B Capital
XYZ Venture Capital
Felicis
Goldman Sachs Growth Equity
Array Ventures
Brighton Park Capital
About ORO Labs
ORO Labs is a San Francisco- and London-based SaaS company that provides an AI-powered procurement orchestration platform automating procurement workflows for global enterprises. The platform integrates with existing ERP and procurement systems to improve visibility, compliance, and efficiency, and is deployed across more than 100 countries. Its client base includes Fortune 500 companies such as Coca-Cola, Siemens Energy, Novartis, and Pfizer, spanning industries like life sciences, financial services, manufacturing, and telecommunications.
Founded
2020
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
ORO Labs Funding History
ORO Labs has raised a total of $159M across 3 funding rounds.
ORO Labs' first fundraising round was a $25M Series A in November 2022. The most recent completed round was a $100M Series C in March 2026.
ORO Labs funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Mar 2026 | Series C | Brighton Park Capital (lead); Goldman Sachs Growth Equity (lead); XYZ Venture Capital; Felicis; Norwest; B Capital | $100M | - |
| Nov 2023 | Series B | Felicis (lead); XYZ Venture Capital; Norwest; B Capital | $34M | ORO Labs is a San Francisco- and London-based SaaS company providing an AI-powered procurement orchestration platform that automates and streamlines procurement workflows for global enterprises, integrating with existing ERP and procurement systems to improve visibility, compliance, and efficiency. The platform serves Fortune 500 clients including Coca-Cola, Siemens Energy, Novartis, Pfizer across industries like life sciences, financial services, manufacturing, and telecommunications, deployed in over 100 countries. In November 2023, ORO Labs raised $34 million in an additional Series B round led by Felicis, with participation from existing investors Norwest Venture Partners, B Capital, and XYZ Venture Capital, bringing total funding to $60 million following a prior $25 million Series A in November 2022. The funds supported scaling operations, international expansion, platform growth, and new use cases to humanize procurement experiences and address CFO pain points in spend management. Subsequently, in March 2026, ORO Labs secured a $100 million Series C led by Brighton Park Capital and Goldman Sachs Alternatives, with the same existing investors participating, raising total funding to $160 million amid 300% revenue growth in the prior year (2025), to accelerate agentic AI features, global go-to-market, customer success, and ecosystem partnerships. |
| Nov 2022 | Series A | B Capital (lead); Norwest (lead); XYZ Venture Capital; Array Ventures | $25M | - |
Who has invested in ORO Labs?
7 investors have backed ORO Labs across its funding rounds, including Norwest, B Capital, XYZ Venture Capital, Felicis, Goldman Sachs Growth Equity and Array Ventures.
Lead investors include Brighton Park Capital, Goldman Sachs Growth Equity, Felicis, B Capital and Norwest.
ORO Labs Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | Nov 2022 | ||
| 3 | Lead | Nov 2022 | ||
| 3 | Lead | Nov 2022 | ||
| 2 | Lead | Nov 2023 | ||
| 1 | Participant | Nov 2022 | ||
This data is available for Pro users. Sign up to see all 7 ORO Labs investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by ORO Labs
ORO Labs has acquired 1 company to date.
Last acquisition by ORO Labs was on March 18th 2025. ORO Labs acquired ProcureTech for undisclosed valuation.
Latest Acquisitions by ORO Labs
| Description | ProcureTech is an artificial intelligence company building enterprise procurement solutions through collaborations with industry leaders. Headquartered in Singapore, it develops tools for spend analytics, supplier risk assessment, and contract intelligence, deployed at banks and manufacturers in Asia. The platform processes transactional data from ERP systems to deliver predictive insights and automation for category managers. |
| HQ Country | |
| HQ City | London |
| Deal Date | 18 Mar 2025 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all ORO Labs acquisitions and their M&A valuation multiples. Start Free Trial | |
ORO Labs Competitors
ORO Labs competitors include listed companies like SAP, Tempus AI and iFlytek, and private ones like Altana, Scale AI and Genesys.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | $564M | $1B | - | ||
| Publicly listed | $42B | $13B | $248B | 5.4x | ||
| Private | $2B | - | $29B | 14.5x | ||
| Private | $2.1B | $900M | $15B | 7.1x | ||
| Publicly listed | $1.3B | ($131M) | $15B | 10.1x | ||
| Publicly listed | $4B | $465M | $14B | 3.4x |
ORO Labs Public Comps
ORO Labs is still privately-owned, but its public comps include CrowdStrike, SAP, Salesforce, ServiceNow, Adobe, Datadog, Moody's, Workday, MongoDB and Range Intelligent.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.8B | ($12M) | 51.4x | 44.5x | (19816.2x) | 151.0x | |||
| $42B | $13B | 5.8x | 5.4x | 18.4x | 17.1x | |||
| $42B | $13B | 5.5x | 5.2x | 17.8x | 12.2x | |||
| $13B | $2.6B | 11.1x | 9.6x | 57.2x | 25.0x | |||
| $24B | $9.3B | 4.3x | 3.9x | 10.9x | 8.2x | |||
| $3.4B | ($588K) | 23.6x | 19.4x | (137813.0x) | 77.6x | |||
| $7.7B | $3.8B | 11.2x | 10.6x | 22.5x | 20.1x | |||
| $9.6B | $1.2B | 5.1x | 4.7x | 42.0x | 14.2x | |||
This data is available for Pro users. Sign up to see all ORO Labs competitors and their valuation data. Start Free Trial | ||||||||
Common questions about ORO Labs
| When was ORO Labs founded? | ORO Labs was founded in 2020. |
| Where is ORO Labs headquartered? | ORO Labs is headquartered in United States. |
| Is ORO Labs publicly listed? | No, ORO Labs is a private, VC-backed company. |
| How much funding has ORO Labs raised? | ORO Labs has raised $159M across 3 funding rounds. |
| What was ORO Labs' last funding round? | ORO Labs' last funding round was a $100M Series C in March 2026, led by Brighton Park Capital and Goldman Sachs Growth Equity. |
| Who are ORO Labs' investors? | ORO Labs' investors include XYZ Venture Capital, Norwest, B Capital, Felicis, Array Ventures, Brighton Park Capital and Goldman Sachs Growth Equity. |
| Which companies are comparable to ORO Labs? | Companies comparable to ORO Labs include Altana, SAP, Scale AI, Genesys, Tempus AI and iFlytek. |
| How many companies has ORO Labs acquired? | ORO Labs has acquired 1 company, including ProcureTech. |
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