Oro Labs secured $100 million in a Series C funding round. Goldman Sachs Growth Equity and Brighton Park Capital co-led the investment. Existing investors Norwest Venture Partners and B Capital also participated. This capital brings the company’s total funding to $160 million.
The startup provides an AI-powered procurement orchestration platform. The software acts as an intelligent layer on top of existing enterprise systems. The platform automates manual processes, routes requests, and manages compliance checks.
Oro Labs reported a 300% revenue increase over the past year. The company serves Fortune 500 clients including Coca-Cola, Pfizer, and Siemens Energy.