Orkes, the company behind the open-source Conductor workflow engine, raised a $60m Series B round, announced on 23 April 2026. AVP led the round. Prosperity7 Ventures joined as a new investor, and existing investors Nexus Venture Partners, Battery Ventures and Vertex Ventures US also took part. No valuation was disclosed.
Alex Scherbakovsky, a general partner at AVP, led the investment and is joining Orkes' board. The company's previous round was a $20m Series A in 2024, according to CXO Digital Pulse and Pulse 2.0. Neither article gave Orkes' total funding.
Orkes said the money will be used to expand its platform and its adoption across industries.
“Orkes gives developers the confidence to deploy AI in production with the reliability, control, and scale they expect”Alex Scherbakovsky, General Partner, AVP
What Orkes does
Orkes describes itself as an agents and durable workflow orchestration platform. Its founders built the microservices orchestration platform at Netflix, and Conductor, the open-source engine at the heart of its products, originated at Netflix in 2016. Orkes maintains it. Jeu George is co-founder and chief executive.
CXO Digital Pulse listed four products: Agentspan, an open-source durable runtime for AI agents that runs on Conductor; Agentic Workflows, which combine structured process stages with decisions by large language models, tool use and human-in-the-loop steps; an MCP Gateway that turns internal APIs into tools that agents can use; and Prompt-to-Workflow, which turns natural language into a starter workflow that users can review and edit. Orkes launched its first agentic orchestration tools in 2023.
Customers and adoption
Pulse 2.0 reported that Orkes has more than 3,000 enterprise customers. Named customers include United Wholesale Mortgage, Quest Diagnostics, Twilio, LinkedIn, Naveo Commerce and Woodside Energy. The company said its customer base has tripled since the Series A and that AI has become the fastest-adopted capability on its platform.
Orkes also pointed to the reach of the open-source project. Developers at thousands of organisations use Conductor, the release said, including Netflix, JP Morgan Chase, Atlassian, Tesla, Oracle, American Express and GE Healthcare. Netflix's use of Conductor has grown fivefold in recent months, the company said. Its developer community runs to hundreds of thousands of developers and millions of installs.
Naveo Commerce uses Orkes for fulfilment and supply-chain orchestration, with AI agents that monitor inventory and respond to disruptions. Its chief executive, Jamie Goldring, said commerce is entering a new era.
Why investors backed it
The announcement cited market data to frame the pitch. It said Gartner projects AI software spending will reach $450bn in 2026, and that McKinsey found two-thirds of companies were still in pilot mode in 2025. The announcement's headline framed Orkes' pitch as helping developers deploy AI confidently in production.
Scherbakovsky said that Orkes gives developers the confidence to deploy AI in production with the reliability, control and scale they expect. Abhishek Shukla, a managing director at Prosperity7 Ventures US, said the platform gives enterprises a single, governed engine to coordinate large language models, tools, microservices and human review.
What is not disclosed
The reports did not give Orkes' revenue, headcount, valuation, total funding or headquarters. CXO Digital Pulse's article was datelined Santa Clara, California, but did not state that this is where the company is based.
Company website: orkes.io