About Ordway
Ordway Labs provides financial software that simplifies billing and subscription management for businesses, automating complex processes and generating key performance indicator (KPI) reports. Their software is particularly useful for companies using usage-based billing and subscription models, allowing them to convert sales orders into cash more efficiently. Operating on a software-as-a-service (SaaS) model, Ordway charges clients a recurring fee for access to its platform, which includes continuous updates and support. The company's goal is to enhance the efficiency and accuracy of financial operations for modern businesses.
Washington, District of ColumbiaHeadquarters
2018Year Founded
$12.2MTotal Funding
SERIES_ACompany Stage
Enterprise Software, FintechIndustries
11-50Employees
Benefits
Office or remote work
Flexible work hours
Unlimited Paid Time Off (PTO)
Employee stock options
Health savings accounts
401k retirement savings plans
Medical, dental, vision
Maternity and paternity leave
Commuter benefits
Risks
Nue's unified CPQ and billing platform may attract Ordway's potential clients.
The fintech sector's competitive landscape could lead to pricing pressures for Ordway.
Dependency on Exact Payments may pose risks for Ordway's payment processing.
Differentiation
Ordway offers a scalable billing solution for startups and enterprises alike.
The platform supports multiple pricing models, including usage-based and subscription pricing.
Ordway's partnership with Exact Payments enhances its billing and payment capabilities.
Upsides
Ordway is recognized as a leading subscription management software in 2024.
The company ranks No. 237 on the Inc. 5000 list of fastest-growing companies.
Ordway's new startup package targets early-stage SaaS and cloud companies.
Funding
Total raised$12.16 M
Latest valuation$50.00 M
StageSERIES_A
SERIES A
1/31/2020$10
$50.00 M$2
$12.50 M