# Orb funding: rounds and investors

> Orb has raised $27M across 2 rounds since 2023. Investors include SV Angel, Menlo Ventures and Greylock. Every round with its source.

Source: https://millionrounds.com/company/orb (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Orb*

2 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Funding summary Updated 26 Oct 2026

**$27M** raised across 2 rounds since 2023, from 2 sources

**$2.1M** Pre-seed **$25M** Series B

- **Latest round:** Series B, $25M Sept 2024
- **Step-up i:** 11.9×
- **Investors:** 8

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2024

**$2.1M** Pre-seed

**$25M** Series B

- **First round:** Pre-seed, $2.1M
- **Biggest round:** $25M
- **Between rounds:** 12 months

## The rounds

- **Sept 2024** Series B **$25M** *6 new* [SV Angel](https://millionrounds.com/fund/sv-angel) [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) [Greylock](https://millionrounds.com/fund/greylock-partners) [Flybridge](https://millionrounds.com/fund/flybridge) [Mayfield Fund](https://millionrounds.com/fund/mayfield) [South Park Commons](https://millionrounds.com/fund/south-park-commons) Source recorded
- **Sept 2023** Pre-seed **$2.1M** *2 new* [Mask Network](https://millionrounds.com/fund/mask-network) [Foresight Ventures](https://millionrounds.com/fund/foresight-ventures) Source recorded

## Founders and team

From Orb's own website: 4 on the team.

- **Hlynur Gauti Sigurðsson** CEO of Icelandic Forest Owner Associations
- **Íris Ólafsdóttir** CEO
- **Jón Arnar Tómasson** CTO
- **Georg Lúðvíksson** Chairman of the board

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Pre-seed** 2023 **Series B** 2024 [SV Angel](https://millionrounds.com/fund/sv-angel) [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) [Greylock](https://millionrounds.com/fund/greylock-partners) [Flybridge](https://millionrounds.com/fund/flybridge) [Mayfield Fund](https://millionrounds.com/fund/mayfield) [South Park Commons](https://millionrounds.com/fund/south-park-commons) [Mask Network](https://millionrounds.com/fund/mask-network) [Foresight Ventures](https://millionrounds.com/fund/foresight-ventures)

## Everyone who backed them

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round

[Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) VC firm **1** round

[Greylock](https://millionrounds.com/fund/greylock-partners) VC firm **1** round

[Flybridge](https://millionrounds.com/fund/flybridge) VC firm **1** round

[Mayfield Fund](https://millionrounds.com/fund/mayfield) VC firm **1** round

[South Park Commons](https://millionrounds.com/fund/south-park-commons) Accelerator **1** round

[Mask Network](https://millionrounds.com/fund/mask-network) Corporate VC **1** round

[Foresight Ventures](https://millionrounds.com/fund/foresight-ventures) Accelerator **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=orb).

## Quick answers about Orb

### Who invested in Orb?

Orb's investors include SV Angel, Menlo Ventures, Greylock, Flybridge and Mayfield Fund, and 3 more on record.

### How much has Orb raised?

Orb has raised $27M across 2 rounds since 2023.

### When did Orb last raise?

Orb's most recent round was a Series B of $25M in Sept 2024.

### What was Orb's biggest round?

Its most recent round, $25M in Sept 2024, is also its largest on record.

### Who backed Orb first?

Orb's first round on record, in Sept 2023, was backed by Mask Network and Foresight Ventures.

### What stage is Orb at?

Orb's latest named round is a Series B, in Sept 2024.

### Where is Orb based?

Orb is based in the United States.

## Companies like Orb

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)

## Find investors like these

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