Ordway Recognized as one Washington DC Area’s Red Hot Companies by DCA Live
WASHINGTON, July 20, 2022 – Ordway, the finance platform for innovative business models, announced today that it has been recognized by DCA Live as one of the Washington DC area’s Red Hot companies. Over the past few years, Ordway has experienced rapid growth in the red hot recurring billing software market, a segment that has attracted over $1 billion in capital over the past nine months. Ordway was recognized for its leadership in financial product innovation, rapid customer adoption, and flexible workplace culture.
Aman Sharma and Meghan Sieburgh accepting the award
For the 7th consecutive year, DCA Live recognized the 2022 Red Hot Companies, the Washington region’s fastest growing and most exciting companies. As the broader markets have cooled during the year, dozens of DC technology ventures have remained Red Hot. DC area companies in cybersecurity, big data, fintech, proptech, health care and other sectors continue to grow, attract capital and talent and make incredible progress in their missions to solve our country’s biggest challenges.
DCA Live will be profiling Ordway along with the other Red Hot companies over the coming weeks and will celebrate them with a lively, fun event on the evening of Wednesday, July 20 on the rooftop of Sands Capital in Rosslyn, VA.
- Customer Growth – Doubled the number of customers with growing momentum in the artificial intelligence, cloud computing, 3D printing, Internet of Things, SaaS, and Fintech sectors.
- Partnerships – Signed new partnerships with Google and Sage Intacct as well as a number of leading fintech providers in the B2B payments, revenue financing, strategic finance, and tax compliance sectors.
- New Products – Launched no code/low code workflow automation platform that has seen a surge in adoption. Expanded our functionality for usage-based pricing, with support for more complex contract structures.
- Surge in Adoption – Experienced explosive growth in customer’s using our APIs (versus UX) for high-speed transactions to support dynamic pricing, real-time revenue reporting and continuous accounting.