About Ordway Labs
Ordway Labs is a company founded in 2018 by Sameer Gulati.. Ordway Labs has raised $12.5 million across 2 funding rounds from investors including Lerer Hippeau, Clocktower Technology Ventures and Revolution. Ordway Labs offers products and services including Subscription Billing, Usage-Based Billing, and Revenue Recognition. Ordway Labs operates in a competitive market with competitors including Billtrust, Paymentus, PaySimple, PayStand and AffiniPay, among others.
- Founders Sameer Gulati
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Sectors
TechnologyFinancial Services
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Ordway Labs, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.5 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Series A
Feb 19, 2020
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Investors
Lerer Hippeau
& 5 more
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Employee Count
Employee Count
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Products & Services of Ordway Labs
Ordway Labs offers a comprehensive portfolio of products and services, including Subscription Billing, Usage-Based Billing, and Revenue Recognition. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages fixed monthly fees and multi-tiered pricing for subscriptions.
Handles variable pricing based on consumption and overage fees.
Automates deferred revenue tracking per ASC 606 standards.
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Funding Insights of Ordway Labs
Ordway Labs has successfully raised a total of $12.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in February 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $10.0M
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First Round
First Round
(20 Jun 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Series A - Ordway Labs | Valuation | CRV | |
| Jun, 2018 | Amount | Seed - Ordway Labs | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ordway Labs
Ordway Labs has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Lerer Hippeau, Clocktower Technology Ventures and Revolution. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on financial sector
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Founded Year | Domain | Location | |
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USA focused VC firm investing in seed and early stage startups
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Founded Year | Domain | Location | |
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Revolution is recognized as a D.C.-based investment firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ordway Labs
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ordway Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ordway Labs Comparisons
Competitors of Ordway Labs
Ordway Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Billtrust, Paymentus, PaySimple, PayStand and AffiniPay, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Invoice and payment management solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Comprehensive billing and payment solution provider
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| domain | founded_year | HQ Location |
Online payment and invoicing solutions are offered to small businesses.
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| domain | founded_year | HQ Location |
Payment processing for bitcoin, e-checks, and credit cards is facilitated.
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| domain | founded_year | HQ Location |
Self-hosted payment pages for B2B invoices are offered.
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| domain | founded_year | HQ Location |
Payment solutions are offered to the property management sector.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ordway Labs
Frequently Asked Questions about Ordway Labs
When was Ordway Labs founded?
Ordway Labs was founded in 2018.
Who is the current CEO of Ordway Labs?
Sameer Gulati is the current CEO of Ordway Labs. They have also founded this company.
Is Ordway Labs a funded company?
Ordway Labs is a funded company, having raised a total of $12.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Jun 20, 2018.
What does Ordway Labs do?
Ordway Labs was founded in 2018 as a provider of invoicing and payment solutions within the fintech sector. Usage and volume-based invoicing is supported, along with discounts, promotions, accounting integrations, revenue recognition, and journal entries. Customizable dashboards and reports are available for users. Payments are accepted through gateways via checks, ACH, and credit cards, with operations focused on enterprise needs.
Who are the top competitors of Ordway Labs?
What products or services does Ordway Labs offer?
Ordway Labs offers Subscription Billing, Usage-Based Billing, and Revenue Recognition.
Who are Ordway Labs's investors?
Ordway Labs has 6 investors. Key investors include Lerer Hippeau, Clocktower Technology Ventures, Revolution, CRV, and Founder Collective.
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