# Oro Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oro-labs

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.orolabs.ai/
- Total disclosed funding: $159M
- Latest round: Series C (Mar 12, 2026)
- Investors on record: 7

## About

Based in California, US, and founded in 2020 by CEO Sudhir Bhojwani, Lalitha Rajagopalan, and Yuan Tungr, Oro Labs, Inc., a.k.a. Oro is a developer of a software platform that enables businesses to manage procurement workflow processes, improving traditional procurement operations by taming the chaotic enterprise spending on business-critical purchases and supplier engagements. In March 2026, Oro Labs, Inc. raised USD 100 million in series C funding co-led by Brighton Park Capital and Goldman Sachs Asset Management, with participation from B Capital, Felicis Ventures, Norwest Venture Partners, and XYZ Ventures.

The company provides a procurement automation platform that allows businesses to manage procurement front-end processes including new procurement requests, supplier onboarding, compliance checks, and more. The platform offers a wide range of features, including streamlined procurement steps, approvals, assessments, and reviews across teams, systems, and processes, CRM for suppliers, real-time analytics on all business data, and more.

Oro Labs, Inc. plans to use its proceeds from November 2023 funding to boost its growth and expand its global footprint.

## Funding rounds

- Series C, Mar 12, 2026, $100M — Norwest Venture Partners, Felicis Ventures, Goldman Sachs Asset Management, B Capital, XYZ Ventures, Brighton Park Capital
- Series B, Nov 1, 2023, $34M — Norwest Venture Partners, Felicis Ventures, B Capital, XYZ Ventures
- Series A, Nov 3, 2022, $25M — Norwest Venture Partners, Array Ventures, B Capital, XYZ Ventures

## Investors

- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series A, Series B, Series C
- Array Ventures (https://capitalatlas.ai/funds/array-ventures) — Series A
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series A, Series B, Series C
- XYZ Ventures (https://capitalatlas.ai/funds/xyz-ventures) — Series A, Series B, Series C
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series B, Series C
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series C
- Brighton Park Capital (https://capitalatlas.ai/funds/brighton-park-capital) — Series C
