AI Procurement Automation Company Oro Labs Completes $100 Million Series C Funding Round Led by Goldman Sachs

GateNews

2026-03-12 12:47:24

Gate News: On March 12, 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. With this, the company’s total funding has reached $160 million. Oro Labs’ procurement orchestration platform, based on AI technology, is built on top of existing enterprise ERP and procurement systems, providing services such as compliance review and process automation for Fortune 500 clients like Coca-Cola, Pfizer, and Novartis.

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