Orum

Orum

Automates outbound calling for sales teams

About

Orum provides a platform that simplifies outbound calling for inside sales teams. It uses AI technology to automate tasks like detecting voicemails, filtering out bad numbers, and navigating phone directories, allowing sales representatives to focus on having live conversations with potential clients. The system enables users to call multiple numbers at once and automatically records call outcomes in the CRM, which saves time and increases the number of interactions. Orum integrates with popular CRM and sales tools such as Salesforce, Outreach, and SalesLoft, creating a seamless workflow for sales teams. The platform is designed to help inside sales teams across various industries enhance their outreach and improve sales performance, operating on a subscription-based model that offers different service tiers.

Company Stage

Series B

Employees

51-200

Industries

Consulting, Enterprise Software

Total Funding

$49.6M

Headquarters

N/A

Founded

2018


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Simplify's Take

What believers are saying

  • Orum's innovative tools like No Code Verify and Deliver API can significantly reduce failed payments and optimize transactions, enhancing client satisfaction.
  • The company's focus on data security and privacy, evidenced by ISO 27001 certification, can attract more clients concerned about compliance.
  • Recent funding rounds, including $22 million in Series B, provide financial stability and resources for further innovation and growth.

What critics are saying

  • The fintech space is highly competitive, and Orum must continuously innovate to maintain its edge.
  • Dependence on regulatory bodies like the Federal Reserve for API connections could pose risks if regulations change.

What makes Orum unique

  • Orum's No Code Verify tool allows financial institutions to verify bank accounts without API integration, simplifying the process compared to competitors.
  • Direct connection to the Federal Reserve's payment rails through Deliver API optimizes banking transactions, a unique feature in the fintech space.
  • Achieving ISO 27001 certification underscores Orum's commitment to data security and privacy, setting it apart from less compliant competitors.

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Growth & Insights
Headcount

6 month growth

-11%

1 year growth

-11%

2 year growth

-6%

Benefits

Competitive salary & equity

Top-notch health benefits

Unlimited PTO

Company & team retreats

401k & financial planning

Office setup budget

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