Orbit, a startup that automates interactions within an online community, has raised a $ 2.7 million round led by Bread & Butter Ventures, with participation from new investors High Alpha Capital, LaunchHub Ventures and Company Ventures. The existing Investors Founders Fund, which led to Orbit’s $ 1 million pre-seed round, was also attended by Acceleprise and other angels. The capital will be used to build the Orbit product and engineering team.
Orbit says that its platform handles communication, matching, scheduling, feedback collection and analysis for people connecting with each other in the online community. The idea is that communities therefore learn and network better, engage more and share more knowledge.
CEO and co-founder Billiana Fray said: “Corresponding 1: 1 connections allow members to discuss difficult topics, be vulnerable, and share learning with each other. Those 1: 1 connections are the most difficult to execute. Is, but when you start investing in them, with the help of Orbit, you see an engagement in all other initiatives and a vibrant, active community that truly delivers on the promises made to its members. “
Bread and Butter Ventures managing partner Mary Grove said: “It is a centuries-old question of how to leverage technology on a large scale to drive meaningful connections between an organization and communities around the world, a problem that we are actively pursuing Looking for solutions. For a decade. Orbit brings the right mix of tech-enabled software with human curation to build strong connections and provide insights back to community managers. “
The platform is being used by startup communities at True Ventures, GGV and Lerer Hippeau; Private networking groups such as dreamers and doers; And customer communities, such as the CFO community run by fintech leader Spandesk.
Founder Fund Principal Dalian Esparouhov said: “We see Orbit as a premier platform for peer learning within companies and communities, unlocking untapped knowledge through curated matchmaking.”
LAUNCHub Ventures recently participated in this round, following the first closing of its new $ 70 million fund.