# Ordr

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ordr

- Industry: IT Security/Cybersecurity
- Headquarters: Santa Clara, US
- Website: www.ordr.net
- Total disclosed funding: $78M
- Latest round: Series C (May 6, 2022)
- Investors on record: 7

## About

Ordr, Inc. provides advanced asset security solutions, focusing on the management and protection of connected devices across IT, IoT, OT, and IoMT environments through its proprietary ORDR AI Protect platform.Founded in 2015 and headquartered in Santa Clara, US, Ordr, Inc. specializes in asset security with its ORDR AI Protect platform. The company has raised funding through multiple rounds, including its most recent Series C round in May 2022, where it secured USD 40 mn from prominent investors like Battery Ventures and Ten Eleven Ventures. The company's leaders, Pandian Gnanaprakasam and Sheausong Yang, have a background in technology and security, contributing to its innovative approaches in the cybersecurity landscape. ORDR specializes in asset security solutions, primarily through its flagship product, the ORDR AI Protect platform. This platform is designed to address the complexities of securing various devices across IT, IoT, OT, and IoMT environments by automating threat response, security hygiene, and microsegmentation. The ORDR AI Protect platform utilizes AI-powered, agentless asset intelligence to discover, prioritize, and manage risks associated with connected devices. Key end users include organizations in healthcare, finance, education, and manufacturing sectors, which face increasing cyber risks due to the growing number of unmanaged devices, now comprising 42% of enterprise assets. The company actively serves clients in North America, Europe, and Asia-Pacific markets, helping them secure their mission-critical systems and optimize their connected assets.ORDR's revenue model is primarily structured around subscription-based services, where clients engage with the ORDR AI Protect platform for ongoing asset intelligence, threat monitoring, and security management. Clients typically enter into annual contracts that encompass access to the platform, regular updates, and customer support. The firm's product offerings, particularly the ORDR AI Protect for Security and ORDR AI Protect for Segmentation, are integral to these agreements, and they facilitate the identification and remediation of vulnerabilities across an organization’s digital landscape.In May 2022, Ordr, Inc. raised USD 40 mn in Series C funding, co-led by Battery Ventures and Ten Eleven Ventures, among others. The company will utilize this funding to accelerate market leadership and success. Future initiatives include the development of new products aimed at enhancing the security of connected devices and plans to expand their market presence into additional regions, focusing on Europe and Asia-Pacific by 2024.

## Funding rounds

- Series C, May 6, 2022, $40M — Battery Ventures, Mayo Clinic Ventures, Northgate Capital, Kaiser Permanente Ventures, Wing, Ten Eleven, Unusual Ventures
- Series B, Mar 5, 2020, $6M — Mayo Clinic Ventures, Kaiser Permanente Ventures
- Series B, Dec 10, 2019, $28M — Battery Ventures, Wing, Ten Eleven, Unusual Ventures
- Series A, Feb 25, 2019 — Wing, Ten Eleven, Unusual Ventures
- Series A, Jun 20, 2017, $4M — Wing

## Investors

- Wing (https://capitalatlas.ai/funds/wing) — Series A, Series B, Series C
- Ten Eleven — Series A, Series B, Series C
- Unusual Ventures (https://capitalatlas.ai/funds/unusual-ventures) — Series A, Series B, Series C
- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series B, Series C
- Mayo Clinic Ventures (https://capitalatlas.ai/funds/mayo-clinic-ventures) — Series B, Series C
- Kaiser Permanente Ventures (https://capitalatlas.ai/funds/kaiser-permanente-ventures) — Series B, Series C
- Northgate Capital (https://capitalatlas.ai/funds/northgate-capital) — Series C