OneStream Software joined the Unicorn Club on April 6, 2021, after raising $200 million in a Series B round, valuing the company at $6 billion.
Headquartered in Rochester, Michigan, United States, OneStream delivers cloud-based financial analysis and performance management solutions designed to unify corporate financial processes across large enterprises. Its platform streamlines financial planning, close and consolidation, reporting, budgeting, forecasting, and data quality management, eliminating the need for multiple legacy systems.
The company serves a wide range of industries, including manufacturing, financial services, public sector, healthcare, and life sciences, helping finance teams gain real-time visibility, accuracy, and agility in their decision-making processes.
Keep reading to learn how OneStream reshaped enterprise financial performance management.
What Is OneStream Software and What Does It Do?
Founded in 2010, OneStream Software offers a unified, intelligent finance platform that streamlines and automates financial processes for global organizations. The platform enables enterprises to manage financial close, consolidation, planning, reporting, and analytics within a single cloud environment.
Its Extensible Dimensionality® technology allows customization without compromising standardization, enabling businesses to adapt quickly to evolving financial and operational requirements. With AI-driven forecasting and predictive analytics, OneStream empowers CFOs and finance leaders to make informed, data-driven decisions more quickly.
The platform can be deployed on-premise or in the cloud, depending on business needs, and integrates seamlessly with existing ERP and data systems.
How Much Funding Has OneStream Raised?
1. Series B Round
- Amount Raised: $200 million
- Date: April 6, 2021
- Valuation: $6 billion
- Lead Investors: Goldman Sachs, Tiger Global Management
- Purpose: Scale product innovation, expand global presence, and enhance customer experience
Total Funding Raised: $200 million
Latest Known Valuation: $6 billion (as of April 2021)
Employee Count: 688 (as of December 31, 2021)
Key Investors
1. Goldman Sachs
- Details: Global investment banking, securities, and investment management firm.
- Focus Areas: Enterprise software, fintech, and cloud platforms.
2. Tiger Global Management
- Details: Investment firm focusing on high-growth technology and internet-enabled companies.
- Focus Areas: SaaS, enterprise infrastructure, and data analytics.
Where Is OneStream Software’s Headquarters?
OneStream Software is headquartered in Rochester, Michigan, United States, with additional offices across North America, Europe, and Asia to support its growing global customer base.
What’s Next for OneStream Software?
Following its unicorn milestone, OneStream has focused on expanding its AI-powered financial intelligence capabilities, enabling organizations to predict financial outcomes with greater precision. The company also continues to grow its ecosystem through strategic acquisitions and global partnerships, further strengthening its leadership in enterprise performance management.
With an emphasis on scalability, governance, and innovation, OneStream remains a go-to platform for modern finance transformation in the enterprise world.
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