Orkes has raised a $20M Series A to power our next phase of growth

Jeu George
February 21, 2024
Reading Time: 2 mins

Almost two years to the day since we launched Orkes and announced our seed funding, we’re proud to share that we’ve raised a $20 million Series A round from new and existing investors. This round is a testament to Orkes’ significant growth since our initial launch, as well as the continued importance of the Conductor open-source community. Orkes has become an important part of the critical application infrastructure underpinning digital companies in virtually every industry.

We are grateful to our investors for joining this next chapter of our journey as a company. Nexus Venture Partners led our Series A round as a first-time investor in Orkes, but we have known managing director Abhishek Sharma for over three years and he has been our supporter since before Orkes began. We are thrilled that Abhishek is joining our board as part of Nexus’ investment and officially becoming involved in our course of business. This milestone would also not be possible without our longtime investors Battery Ventures and Vertex Ventures US, who we are excited to share also participated in this funding round.

Read more about our new funding in our press release here.

In the past year, Orkes has experienced rapid customer growth. We’ve won large multinational customers such as United Wholesale Mortgage, Foxtel, and up-and-coming startups like Collective. Businesses across industries including banking and insurance, entertainment and media, healthcare, and more, use Orkes Conductor today. Thousands of organizations and Fortune 100 companies also rely on the open-source Conductor project actively maintained by Orkes, including Atlassian, Tesla, Oracle, American Express, GE Healthcare, and government agencies like the United Kingdom’s Ministry of Justice. We are happy to see that both business decision makers and developers love using Orkes.

Some of the ways our customers are using Orkes Conductor include:

  • United Wholesale Mortgage (UWM), the largest mortgage lender in the U.S., uses Orkes Conductor to rapidly build complex applications with both code and a visual UI.
  • Foxtel, the leading broadcast and streaming company that is majority-owned by News Corp., is using Orkes Conductor to transform development of its distributed digital processes to ensure new applications are agile, cost-efficient, reliable, and scalable.
  • Collective, the San Francisco-based back-office platform designed for Businesses-of-One, uses Orkes to transform its tech stack from largely manual processes to streamlined and automated workflows, and to launch into new markets faster than ever before.
  • One of the largest healthcare organizations in the world is using Orkes Conductor for orchestration of machine learning pipelines. They chose Orkes over competitive offerings because of its ability to create complex distributed applications easily and run them at scale.
  • One of the largest insurance companies in the Asia Pacific region uses Orkes Conductor to modernize its client-facing claims management processes.

This new round of funding will help us do even more to empower our customers and bring the power of Conductor to even more teams. This includes accelerating execution of our product roadmap to make it even easier to build and orchestrate complex applications, investing further in developer experience, and supporting the popular Conductor open-source platform and community with more resources.

To our existing customers and developer community: thank you for being a part of our journey. We would not be here without your continued support. And if you haven’t tried Orkes yet, now is your chance! Get started today with a free trial of Orkes Cloud’s enterprise features, or check out our open-source Conductor repository on GitHub.

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