One Data ClosesEUR 32 MillionSeries B Extension
In a recent Series B Extension round, we have raised EUR 32 Million to scale our next gen data product management platform internationally—a key enabler for meaningful GenAI, AI, Business Intelligence and Process Mining.
Vsquared, Molten, and HV Capital are co-leading the funding round
We are very proud to announce that leading European deep tech and software investors Vsquared Ventures, Molten Ventures, and HV Capital are co-leading this funding round with the support of existing investors—raising a total amount of EUR 32 Million. We will use the funds to replicate our success in the DACH region and scale internationally.
With this funding in place, we continue our path to become the category leader for Data Product Management. We will use the additional capital to further strengthen our leading position in data product management, expand our offering into international markets and foster our strategic partnerships.
The potential of data products
We at One Data know for a fact that data serves as the lifeblood for various technological advancements. Proper access and management of data is at the heart of
enabling AI, GenAI, Business Intelligence and Process Mining. However, it is still a major hurdle for many businesses. In a recent research by Bitkom, they recognized that in Germany alone only 6 percent of companies are harnessing the potential of the data available to them. Simultaneously, more than half are aiming to implement a data-driven business model within the next two years.
Companies still spend huge amounts of time on requesting, finding, integrating, and preparing data—significantly slowing down the implementation of artificial and business intelligence. At One Data, we want to turn that around using data products. The new data management technology facilitates a rapid return on investments in data and AI while improving an organization’s competitiveness.
We especially thank the new investors for their trust and amazing support. Their expertise in the deep tech, software and scaling, as well as their strategic approach will be a huge value to One Data on our growth journey.
Some words from our Founder
“The next major jump in productivity can only happen if businesses start using data more effectively. Our new and unique technology turns siloed data automatically into reliable, valuable data products, enabling companies to establish a consistent data governance policy. This leads to more stable supply chains, better forecasting, faster R&D processes and highly efficient data teams, who are a true asset for their businesses and whose work now becomes visible through our software. As a result, the corporate value they generate through data products is self-evident.
We are delighted by the trust and support shown by our new investors. We can now achieve our mission much faster: to enable many companies globally to use data profitably and create substantial business value. Additionally, our investors expertise in the fields of deep tech, software and scaling, as well as their strategic approach, knowledge and contacts will be a huge value to One Data on our growth journey.”
— Dr. Andreas Böhm (Founder and Managing Director, One Data)
“One Data can become the key enabler for companies to leverage the full potential of their software applications, including GenAI and BI. Both in Europe and abroad there is vast potential in this huge emerging market, as smart data management is a prerequisite for any company looking to stay ahead in its industry.”
Benedikt von Schoeler (General Partner, Vsquared Ventures)
“One Data has built a world class AI-native platform that allows business users to harness the value of data in an automated fashion. The platform is already trusted by many blue-chip customers, and we are looking forward to support Andreas and the One Data team to scale the business globally.”
Nelly Markova (Partner, Molten Ventures)
“One Data is revolutionizing data management by pioneering data products. With years of consulting experience solving intricate data challenges, they are uniquely positioned to address customer pain points. The global growth potential is immense, driven by the increasing data demands of LLMs.”
David Kuczek (General Partner, HV Capital)