Orum.io

company

About

The simplest API integration for fast, reliable payments. Use one solution to access RTP, ACH, Same Day ACH, and more.

  • New York,New York,United States
  • 11 - 50

Details

Last Funding Type
Seed
Last Funding Money Raised
$5.20M
Industries
Financial Services,FinTech,Machine Learning
Founded date
Jan 1, 2019
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Project Midas, Inc.,

Orum provides the simplest API integration for instant payouts. Our single, unified API unlocks access to all major payment rails, including RTP, ACH, Same Day ACH and soon FedNow. With Orum, businesses can implement instant payouts in one sprint or less, saving money while gaining access to all major rails without costly bank integrations or prolonged compliance. This empowers our customers and partners to meet real-time consumer expectations and power a better financial system where everyone has the power to build to their potential.

Founded by Stephany Kirkpatrick and led by expert fintech operators from LearnVest, Square, N26, Klarna, Marqeta, and Stash, Orum has raised over $82M from leading investors, including Accel, Canapi, Bain Capital Ventures, Inspired Capital, Homebrew, Acrew, BoxGroup, Clocktower Ventures, Primary Ventures, and American Express Ventures.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$82.20M
Orum.io has raised a total of $82.20M in funding over 2 rounds. Their latest funding was raised on Jun 29, 2021 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 29, 2021 Series B $56M 9 Accel
Canapi Ventures
Detail
Apr 9, 2021 Series A $21M 9 Bain Capital Ventures Detail
Aug 6, 2020 Seed $5.20M 13 Homebrew Detail

Investors

Number of Lead Investors
Number of Investors
4
18
Orum.io is funded by 18 investors. Accel and Canapi Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Accel Yes Series B
Canapi Ventures Yes Series B
Acrew Capital Series B
Bain Capital Ventures Series B
BoxGroup Series B
Clocktower Technology Ventures Series B
Homebrew Series B
Inspired Capital Partners Series B
Primary Venture Partners Series B
American Express Ventures Series A

Employee Profiles

Number of Employee Profiles
9
Orum.io has 9 current employee profiles, including Board member Alexa von Tobel
Board member
Advisor
Board member
Executive