This is the Orbit pitch deck to raise a $15m series-a round in 2021.
About
Grow and measure your community across any platform with Orbit, mission control for your community.
A startup that helps fast-growing companies track and build their communities has raised $15 million in fresh funding from top-tier investors.
Orbit, which is distributed with team members in both San Francisco and Paris, draws on data from the likes of Twitter, Slack, Discord, GitHub, and Discourse to help companies keep track of their community efforts.
Some of the startup’s early use cases are in developer relations. One client used the platform to help decide what conferences to attend, and how best to connect with developers. The idea is to help both manage communities, and demonstrate how they might be helping a company’s bottom line.
“Building communities can be hard and increasingly distributed platforms make it harder,” Orbit CEO Patrick Woods said. “Previously it could be whoever complained the most or was loudest that got the attention but using data we are aiming to change that.”
Orbit spent much of 2020 in beta mode, Woods added, but has since accelerated its growth. The business claims to have had 3,000 users during this period covering some 4 million members. Clients include Postman, Typeform, Elastic, Apollo GraphQL, and CircleCI.
The SeriesA round was led by Coatue’s general partner Caryn Marooney, alongside heavyweight backers Andreessen Horowitz. Other investors include US accelerator Heavybit, and early-stage software investor Harrison Metal. GitHub’s chief technology officer, Jason Warner, Chris Aniszczyk, the CTO of the Cloud Native Computing Foundation, and Sanity CEO Magnus Hillestad joined the round as angel investors.
Funding Rounds
|
Announced Date
|
Transaction Name | Number of Investors | Money Raised | Lead Investors |
| Mar 1, 2021 | Series A – Orbit | 4 | $15M | Coatue |
| Dec 2, 2020 | Seed Round – Orbit | 7 | $4M |
Andreessen Horowitz, Heavybit
|
| Dec 20, 2019 | Pre Seed Round – Orbit | 3 | $950K | Heavybit |
| Nov 12, 2019 | Pre Seed Round – Orbit | 1 | $500K | Heavybit |
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