One Data Secures €32M Series B Extension to Revolutionize Data Management
July 18, 2024, 3:56 pm
One Data
Total raised: $35.01M
In a groundbreaking move, German data management software company One Data has successfully raised a substantial €32 million Series B extension round, with prominent investors Vsquared Ventures, Molten Ventures, and HV Capital leading the charge. Established in 2012, One Data has been at the forefront of innovation, offering an AI-powered data product builder that has transformed the way businesses handle and utilize their data.
By harnessing the power of artificial intelligence, One Data's cutting-edge technology enables companies to efficiently build, manage, and share data products, resulting in significant time savings of up to 80%. Through sophisticated AI algorithms, the platform seamlessly collects, analyzes, and connects data points, ultimately enhancing the quality of insights generated. This transformative approach has proven invaluable across a wide range of industries, including retail, manufacturing, pharmaceuticals, chemistry, and automotive.
With an impressive client base that includes industry giants like BioNTech, thyssenkrupp, and SCHOTT, One Data has solidified its reputation as a trusted partner in data management solutions. The company's commitment to excellence and innovation has earned it a strong foothold in the DACH region, setting the stage for further expansion into international markets.
Dr. Andreas Böhm, the visionary Founder and CEO of One Data, expressed his enthusiasm for the future, stating, "Our technology has the unique ability to seamlessly transform siloed data into valuable data products, empowering companies to establish robust data governance policies. This not only leads to more stable supply chains and faster R&D processes but also cultivates highly efficient data teams that drive tangible value for their organizations."
The recent influx of capital will enable One Data to strengthen its position as a leader in data product management, fueling its expansion into new markets and fostering strategic partnerships. By leveraging the expertise and resources of its investors, One Data is poised to unlock new opportunities and drive innovation in the ever-evolving landscape of data management.
As Benedikt von Schoeler, General Partner at Vsquared Ventures, aptly noted, "One Data has the potential to become a key enabler for companies seeking to maximize the full potential of their software applications, including GenAI and BI. The vast opportunities in Europe and beyond present a fertile ground for smart data management solutions, positioning One Data as a pivotal player in this burgeoning market."
With a clear vision for growth and a commitment to excellence, One Data is set to redefine the future of data management, empowering businesses to harness the full power of their data assets and drive sustainable success in an increasingly data-driven world.
By harnessing the power of artificial intelligence, One Data's cutting-edge technology enables companies to efficiently build, manage, and share data products, resulting in significant time savings of up to 80%. Through sophisticated AI algorithms, the platform seamlessly collects, analyzes, and connects data points, ultimately enhancing the quality of insights generated. This transformative approach has proven invaluable across a wide range of industries, including retail, manufacturing, pharmaceuticals, chemistry, and automotive.
With an impressive client base that includes industry giants like BioNTech, thyssenkrupp, and SCHOTT, One Data has solidified its reputation as a trusted partner in data management solutions. The company's commitment to excellence and innovation has earned it a strong foothold in the DACH region, setting the stage for further expansion into international markets.
Dr. Andreas Böhm, the visionary Founder and CEO of One Data, expressed his enthusiasm for the future, stating, "Our technology has the unique ability to seamlessly transform siloed data into valuable data products, empowering companies to establish robust data governance policies. This not only leads to more stable supply chains and faster R&D processes but also cultivates highly efficient data teams that drive tangible value for their organizations."
The recent influx of capital will enable One Data to strengthen its position as a leader in data product management, fueling its expansion into new markets and fostering strategic partnerships. By leveraging the expertise and resources of its investors, One Data is poised to unlock new opportunities and drive innovation in the ever-evolving landscape of data management.
As Benedikt von Schoeler, General Partner at Vsquared Ventures, aptly noted, "One Data has the potential to become a key enabler for companies seeking to maximize the full potential of their software applications, including GenAI and BI. The vast opportunities in Europe and beyond present a fertile ground for smart data management solutions, positioning One Data as a pivotal player in this burgeoning market."
With a clear vision for growth and a commitment to excellence, One Data is set to redefine the future of data management, empowering businesses to harness the full power of their data assets and drive sustainable success in an increasingly data-driven world.