Orb

Orb

Automates billing and pricing for SaaS

About Orb

Simplify's Rating
Why Orb is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Enterprise Software

Fintech

AI & Machine Learning

Company Size

11-50

Company Stage

Series B

Total Funding

$44M

Headquarters

San Francisco, California

Founded

2021

Overview

Orb modernizes pricing models for businesses, particularly in the Software as a Service (SaaS) sector, by providing a platform that automates and simplifies billing processes. This platform allows clients, including SaaS companies and fintech firms, to experiment with various pricing strategies without extensive engineering resources, reducing operational bottlenecks. Orb stands out by offering integrations with major cloud providers like AWS and Azure, enabling quick service listings on cloud marketplaces. The company's goal is to streamline pricing and billing operations, empowering businesses to optimize their strategies and drive growth.

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Simplify's Take

What believers are saying

  • Orb raised $25M in Series B funding, boosting growth and innovation.
  • Subscription-based pricing models are increasingly adopted by SaaS companies.
  • AI-driven analytics in billing platforms optimize pricing strategies and customer insights.

What critics are saying

  • Emerging billing platforms offer similar features at lower costs, increasing competition.
  • Rapid AI advancements may outpace Orb's current capabilities, requiring R&D investment.
  • Potential security vulnerabilities in new API endpoints could expose sensitive data.

What makes Orb unique

  • Orb automates complex billing processes for SaaS, fintech, and AI companies.
  • The platform supports flexible pricing models, including prepaid, postpaid, and usage-based trials.
  • Orb integrates with AWS, GCP, and Azure for seamless cloud marketplace listings.

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Funding

Total Funding

$44M

Below

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidlyβ€”often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

401(k) Retirement Plan

16-week paid parental leave with equity vesting

Commuter Benefits

Stock Options

Company News

Yahoo Finance
Sep 19th, 2024
Orb Raises $25M Series B to Transform Billing for the Intelligent Software Era

SAN FRANCISCO, September 17, 2024--Orb, the modern billing platform reimagining how businesses monetize software, today announced $25M in Series B funding led by Mayfield, with participation from existing investors Menlo Ventures, Greylock Partners, South Park Commons, Basecase, and Scribble Ventures and new investor Uncorrelated Ventures. The new round brings Orb’s total funding to $44.1 million, and will enable the company’s growth as it empowers businesses with the infrastructure needed to ad

Fintech Futures
Sep 19th, 2024
US fintech Orb raises $25m Series B funding to support billing platform growth

US-based billing platform Orb has raised $25 million in a Series B funding round led by Mayfield Fund.

WithOrb
Sep 3rd, 2024
New in the Orbit: product updates from August

Withorb has introduced a new API endpoint, Update Alert, that allows you to update the thresholds that determine when an existing customer alert will be sent.

WithOrb
Oct 24th, 2023
We launched SDKs-here's how we'll keep them correct

Withorb launched sdks-here's how Withorb'll keep them correct.

Finsmes
Mar 30th, 2023
Orb Raises $19.1M in Funding

Orb closed $14M in Series A funding.

Recently Posted Jobs

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Software Engineer - Enterprise

$142.5k - $231k/yr

San Francisco, CA, USA

Software Engineer - Infrastructure

$142.5k - $231k/yr

San Francisco, CA, USA

Software Engineer - Billing Engine

$142.5k - $231k/yr

San Francisco, CA, USA

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Orb is Hiring for 10 Jobs on Simplify!

Find jobs on Simplify and start your career today

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We update Orb's jobs every few hours, so check again soon! Browse all jobs β†’

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Software Engineer - Infrastructure

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Software Engineer - Billing Engine

$142.5k - $231k/yr

San Francisco, CA, USA

See All Jobs

Orb is Hiring for 10 Jobs on Simplify!

Find jobs on Simplify and start your career today

πŸ’‘
We update Orb's jobs every few hours, so check again soon! Browse all jobs β†’

People Also Viewed

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