AI procurement automation startup Oro Labs completes $100 million Series C funding round led by Goldman Sachs

DeepFlowTech

2026-03-12 12:45:02

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Deep Tide TechFlow News, March 12 — According to Fortune, Silicon Valley AI procurement automation startup Oro Labs announced the completion of a $100 million Series C funding round led by Goldman Sachs Growth Equity and Brighton Park Capital. Existing investors Norwest Venture Partners, B Capital, XYZ Capital, and Felicis also participated. The company’s total funding now reaches $160 million. Oro Labs’ “Procurement Orchestration Platform,” based on AI technology, is built on top of existing enterprise ERP and procurement systems, providing compliance review, process automation, and other services for Fortune 500 clients such as Coca-Cola, Pfizer, and Novartis.

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