When he left for the University of Nevada, Las Vegas (UNLV), his mother handed him everything she could scrape together: $5,000 from cashing out a life insurance policy. “That was my college fund. Got me through the first year of college,” he says.
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Oro declined to disclose its valuation following the new fundraise. The new capital raise brings the total amount of money the startup has raised to date to $160 million.