Company reports or industry analyst reports

Orby AI Raises $30M Series A, Valued Over $100M

Jun 27, 2024, 12:10 PM

Orby AI, a company focused on developing generative AI agents to automate business workflows, has raised $30 million in a Series A funding round. The funding round was led by undisclosed investors and brings the company's post-money valuation to over $100 million. Orby AI aims to enhance enterprise efficiencies through its innovative AI automation solutions. This investment will support Orby's efforts to deliver the first large action model for AI automation. The news was reported by TechCrunch's Kyle Wiggers.