ORO Labs closed a $100 million Series C led by Goldman Sachs Growth Equity and Brighton Park Capital to accelerate agentic procurement orchestration for global enterprises. The round, which brings total funding to $160 million, follows 300% revenue growth as Fortune 500 companies deploy ORO’s AI-powered platform to transform procurement workflows that currently involve 20 million manual touchpoints annually at large enterprises.

The funding validates a fundamental shift in enterprise software architecture: from systems that generate data to systems that orchestrate intelligent action. With procurement representing $13 trillion in annual global spend but remaining largely manual and fragmented, ORO’s platform addresses what CEO Sudhir Bhojwani calls the “orchestration bottleneck” - the gap between powerful enterprise systems and the intelligent workflows needed to operate them at machine speed.

Lio raised $30 million in a Series A round led by Andreessen Horowitz to deploy AI agents across enterprise procurement operations. The funding brings the company’s total capital to $33 million as it scales from fragmented manual processes to autonomous workflow execution.

Enterprise procurement remains a critical bottleneck where companies spend significant resources on unstructured, repetitive tasks. Each purchase order requires navigating ERP systems, contract management platforms, supplier databases, compliance checks, and budget reconciliation—processes that can take weeks even with modern eProcurement software. This manual overhead forces companies to build large internal teams or outsource operations, creating delays and inflated costs across enterprise spending.