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Orb

Orb

Automates billing and pricing for SaaS

About

Orb modernizes pricing models for businesses, particularly in the Software as a Service (SaaS) sector, by automating and simplifying billing processes. The platform allows companies to experiment with various pricing strategies without extensive engineering resources and integrates with major cloud providers for quick service listings. Unlike competitors, Orb offers a subscription-based service that supports flexible pricing options and provides actionable insights from real-time customer usage data. The goal is to streamline pricing and billing operations, enabling businesses to optimize their strategies for growth and efficiency.

Company Stage

Series A

Employees

11-50

Industries

Data & Analytics, Enterprise Software, Fintech

Total Funding

$38.2M

Headquarters

N/A

Founded

2021


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Simplify's Take

What believers are saying

  • Orb's recent $19.1M funding round, led by prominent investors like Menlo Ventures and Greylock, provides strong financial backing and growth potential.
  • The platform's flexibility in supporting various pricing strategies, including prepaid, postpaid, and usage-based trials, allows businesses to tailor their offerings to better meet customer needs.
  • Orb's automation of complex billing processes reduces operational bottlenecks, enabling companies to focus more on innovation and growth.

What critics are saying

  • The highly competitive market for billing solutions requires Orb to continuously innovate to maintain its edge.
  • Dependence on integrations with major cloud providers means any changes or disruptions in these services could impact Orb's functionality.

What makes Orb unique

  • Orb specializes in modernizing pricing models specifically for SaaS and other tech-driven sectors, unlike competitors who may offer more generalized solutions.
  • The platform's ability to integrate with major cloud providers like AWS, GCP, and Azure allows for seamless listing on cloud marketplaces, a feature not commonly found in other billing solutions.
  • Orb's focus on providing actionable insights from real-time customer usage data sets it apart by enabling businesses to unlock new revenue opportunities.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

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