Ordway, a Washington, DC-based SaaS driven billing and revenue automation platform, raised $2.5m in funding.
Backers included Lerer Hippeau, Founder Collective, Middleland Capital, and Revolution’s Rise of the Rest Seed Fund.
The company intends to use the funds to scale operations.
Led by Sameer Gulati, a product leader who designed and brought to market enterprise solutions at private and public companies including: Intacct, Workday, Zuora, and Spree Commerce (acquired by First Data), Ordway provides a SaaS based billing and revenue automation platform that enables organizations to handle billing for their most complex customers.
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.