Orby AI Raises $30M in Funding
Summary
Orby AI, a Mountain View, CA-based technology company which specialises in generative AI solutions for the enterprise, raised $30M in funding. The Series A financing followed a seed funding round co-led by NEA and Pear VC. The company intends to use the funds to accelerate the development and commercialization of the AI process automation platform empowered by a large action model (LAM). Led by CEO Bella Liu, Orby AI delivers an enterprise automation platform that leverages generative AI to deliver automations of any complexity — at scale — without the processes required by legacy systems. By removing complexity and creating a unique workflow discovery, the generative AI platform builds automations for business workflows related to essential activities, such as data entry, document processing and validation of complex forms, invoices, expenses and contracts.