OneStream Software Announces $200 Million Investment at $6 Billion Valuation

20 Apr, 2021

OneStream Software Announces $200 Million Investment at $6 Billion Valuation

– OneStream Software announced that it has secured $200m in series B funding.
– The funding was led by D1 Capital Partners with participation from Tiger Global and Investment Group of Santa Barbara.
– The financing will be used to accelerate OneStream’s global expansion and innovation across its intelligent finance platform and solutions marketplace as the company capitalizes on record market demand.
– Despite the disruption caused by the global pandemic, OneStream achieved 86% growth in annual recurring revenue (ARR) in 2020, scaling its customer base by 40% to over 650 enterprises worldwide, 70% of which replaced legacy CPM applications such as Oracle Hyperion, SAP, IBM and point solutions such as Anaplan and Blackline.

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