Orum announces $22 million in Series B funding
Nov 02 2022
Four years ago, I was deep into my career as a sales leader building a world-class inside sales team at Rubrik. I noticed that my sales reps continued to run into the same challenge: they would call hundreds of prospects, but only engage in a handful of actual conversations. I knew then that there had to be a better way.
Since starting this journey alongside my co-founder Karthik Viswanathan, Orum has been enabling game-changing efficiencies for sales teams and sales reps. In the last year alone, we’ve powered over a million connections between sales reps and prospects, tripled the number of teams using Orum, and grown our team to just shy of 130 people.
Today, we’re excited to share the next major milestone for our business. We’ve raised $22 million in Series B funding led by Tribe Capital, with additional investment from Craft Ventures and Unusual Ventures. This brings our total funding to date to $50+ million; this additional capital will allow us to continue to invest in our product capabilities, expand our team, and enable more conversations for organizations of all sizes.
We are fortunate to partner with like-minded investors who know the challenges in sales as intimately as we do. Sri Pangulur, Partner at Tribe Capital, has led sales teams for more than a decade. When we first connected about Orum and our vision, he immediately saw the tremendous opportunity and the impact it would bring to sales reps.
Innovating for today’s remote workforce: Orum's Salesfloor
Orum was founded in 2018 as a fully remote company. Even before the pandemic forced teams across the world to work remotely, we were focused on building a product that could be universally beneficial for any work environment, while being keenly aware of the unique challenges facing remote sales teams. With teams becoming more distributed, amplified by the current economic environment, the need for automation and efficiency has never been greater.
Orum’s live conversation platform enables sales teams of all sizes to have more conversations, book more meetings and drive more pipeline, all while increasing sales rep satisfaction.
I also know from experience that early career SDRs learn and grow through immersion, constant conversations, and the energy of an in-person sales floor – which wasn’t possible working alone from their bedrooms. This experience led us to build Orum's Salesfloor. The Salesfloor allows remote teams to gain visibility into their peers day-to-day, interact through achievements and updates, pursue live coaching opportunities, and celebrate wins as a team in a virtual platform.
This iteration of the Salesfoor is just the beginning, and we’re learning that the ability to have a space to celebrate, learn and grow together, no matter where our teams are located, is not just a nice to have - it’s business critical.
Extending our platform with Hubspot
We've expanded our suite of sales CRM integrations to now include Hubspot. This allows sales teams that use Hubspot’s Sales Hub as their CRM to sync prospect information, pull-in and call from contact lists, and automatically log call activity between Orum and Hubspot.
Data security and compliance are foundational to our success. Earlier this year, we became SOC 2 Type II certification and hired our talented VP of Security and Compliance, Rolland Miller, andhttps://www.orum.com/platform/integrations VP of Legal, Ryan Melvin.
We’ve been able to grow Orum at such a rapid rate and bring game-changing business results to our customers because of our team and core values. We are hiring across Engineering, Product, Marketing, Sales, and Customer Success - join us (check out our open roles)!
Thank you to the talented people that have built Orum over the last four years, and to our customers and investors, for believing in us.
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