TLDR:
- Orby AI, a technology company specializing in generative AI solutions for the enterprise, raised $30M in funding.
- The round was led by New Enterprise Associates (NEA), Wing VC, and WndrCo with additional participation from Pear VC.
Orby AI, based in Mountain View, CA, secured $30 million in funding to further develop its AI process automation platform empowered by a large action model (LAM). The Series A financing was led by New Enterprise Associates (NEA), Wing VC, and WndrCo, with additional participation from Pear VC. The company, headed by CEO Bella Liu, offers an enterprise automation platform that utilizes generative AI to deliver automations at scale without the complexities associated with legacy systems. By streamlining workflows and automating business processes, Orby AI focuses on activities like data entry, document processing, and validation of complex forms, invoices, expenses, and contracts.
With the new funding, Orby AI aims to accelerate the development and commercialization of its generative AI solutions for enterprise automation. The company’s innovative approach to workflow discovery and automation has attracted significant interest from leading venture capital firms, positioning Orby AI as a key player in the AI technology space.
Overall, the $30M funding round signals investor confidence in Orby AI’s technology and its potential to disrupt the enterprise automation market with its advanced generative AI solutions.
