How Much Did Orbit Raise?
Funding & Key Investors

Orbit has secured a significant enterprise-level funding round, bringing its total capital raised to $19M. This latest financing, which includes a major strategic investment of $15M, marks a pivotal moment for the company as it continues to scale its operations and enhance its community-building platform.

The company's funding history, which began with an Angel/Seed round on December 2, 2020, followed by a Series A on May 27, 2021, indicates a strong growth trajectory and increasing investor confidence in its market potential.

What is Orbit?

Orbit
SoftwareBusiness Intelligence (BI) SoftwareCustomer Engagement Platforms

Orbit is a community-centric platform designed to empower community builders by enabling them to deliver exceptional member experiences, quantify their business impact, and foster a truly community-driven approach. The company's mission is to provide the tools and insights necessary for organizations to thrive through robust community engagement. Orbit's focus on community analytics and engagement tools positions it as a key player in the burgeoning community-led growth sector.

How much funding has Orbit raised?

Orbit has raised a total of $19M across 2 funding rounds:

2020

Angel/Seed

$4M

2021

Series A

$15M

Angel/Seed (2020): $4M with participation from Jason Warner, Martin Casado, Harrison Metal, Heavybit, Magnus Hillestad, and Chris Aniszczyk

Series A (2021): $15M led by Andreessen Horowitz, Caryn Marooney, Harrison Metal, and Heavybit

Key Investors in Orbit

Harrison Metal

Harrison Metal is an investment firm that focuses on early-stage technology companies led by exceptional founders. Founded by Michael Dearing in 2008, the company manages a portfolio of private technology investments and has attracted limited partners such as university endowments and charitable trusts. In addition to investment activities, Harrison Metal offers classes in business history and management aimed at aspiring capitalists. Michael Dearing's extensive background includes roles at eBay and Stanford University, enhancing the firm's expertise in the technology sector.

Heavybit

Heavybit is the leading early-stage investor in enterprise infrastructure. Since 2013, we've helped launch and scale visionary technical startupsfrom DevSecOps, feature flagging, AI code generation and beyond. The company go hands-on from Day 0, backing founders as they turn code into companies and build the future of software from the bottom up to the top down.

Andreessen Horowitz

Founded in 2009, Andreessen Horowitz is a private American venture capital firm that invests in both early-stage start-ups and established growth companies. The company is headquartered in Menlo Park, California.

What's next for Orbit?

With the recent infusion of capital, Orbit is poised for accelerated growth and product development. The major strategic investment suggests a focus on expanding market reach and potentially integrating new technologies to further enhance its platform's capabilities. This funding will likely enable Orbit to solidify its position in the enterprise software market, attract top talent, and deepen its relationships with existing and new clients, driving further innovation in community management and engagement solutions.

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Frequently Asked Questions Regarding Orbit Financial Insights

What are the most recent funding rounds that Orbit has completed, and what were the funding rounds?
Orbit has recently completed 2 funding rounds: Series A on May 27, 2021, Angel/Seed on Dec 2, 2020.
What is the total amount of funding Orbit has raised to date?
Orbit has raised a total of $19M in funding to date.
How many funding rounds has Orbit completed?
Orbit has completed 2 funding rounds.
How much funding did Orbit raise in its most recent funding round?
Orbit raised $15M in its most recent funding round.
Who are the lead investors in Orbit's latest funding round?
The lead investor in Orbit's latest funding round was Andreessen Horowitz. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Orbit's history?
The largest funding round in Orbit's history was $15M.
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