Ordway, a billing and revenue automation platform for growing companies based in Washington-DC, announced that it had raised $2.5m in funding to scale its operations.
Led by Sameer Gulati, a SaaS veteran at the epicenter of billing and ERP systems’ evolution for the past 18 years, Ordway is transforming how organizations can more efficiently handle billing for their most complex customers.
Ordway enables organizations to implement a billing and revenue automation platform without costly implementation or complex customization. It provides an organization the flexibility to design a system that serves the full range of its customers from the most basic subscription transaction to overwhelmingly elaborate billing cycles.
Since its founding, the platform has grown to serve a diverse range of organizations in the real estate, tourism, restaurant, and healthcare industries including companies like ListReports, Aspire, Spotluck, and Klara.
The funding round saw participation by Lerer Hippeau, Founder Collective, Middleland Capital, and Revolution’s Rise of the Rest Seed Fund.