What is Orum?
Founded in 2019 and headquartered in New York, New York, Orum is at the forefront of enabling real-time money movement through its proprietary intelligence platform. The company addresses critical needs in the financial ecosystem by providing a robust infrastructure for instant financial transactions. Orum's technology is designed to support a wide range of financial services, aiming to streamline and secure the flow of funds for businesses.
How much funding has Orum raised?
Orum has raised a total of $102M across 3 funding rounds:
Multiple Rounds
$102M
Series A (2021): $21M with participation from Inspired Capital, Bain Capital LP, Acrew, and Homebrew
Series B (2021): $56M led by Bain Capital Ventures, Accel, Inspired Capital, and Canapi Ventures
Series A (2021): $25M supported by NEO Tech, Unusual Ventures, and Craft Ventures
Key Investors in Orum
Bain Capital Ventures
Bain Capital Ventures is a venture capital firm that invests in early-stage companies. They are known for their deep operational expertise and focus on helping portfolio companies scale rapidly.
Accel
Accel is a global venture capital firm that invests in companies at all stages of development, from seed to growth. They have a strong track record of backing category-defining companies.
Inspired Capital
Inspired Capital is a venture capital firm that partners with founders to build category-defining companies. They focus on investing in businesses with strong potential for disruption and growth.
What's next for Orum?
With the recent influx of major strategic investment, Orum is poised for significant growth and market penetration. The company's focus on real-time money movement positions it advantageously in an increasingly digital financial landscape. Future developments are likely to include enhancements to its core platform, expansion into new markets, and strategic partnerships to broaden its service offerings. This latest round of financing will be instrumental in scaling operations and solidifying Orum's position as a leader in the fintech space.
See full Orum company page
