One Data funding news – Germany-based One Data Secures €32 Million in Series B Extension Round Funding

With this funding in place, they continue their path to become the category leader for Data Product Management. They will use the additional capital to further strengthen their leading position in data product management, expand their offering into international markets and foster their strategic partnerships.

They 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.

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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, they 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.

They 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 their growth journey.

Dr. Andreas Böhm (Founder and Managing Director, One Data) said, “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.

Benedikt von Schoeler (General Partner, Vsquared Ventures) said, “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.”

Nelly Markova (Partner, Molten Ventures), said “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.”

David Kuczek, General Partner at HV Capital, stated: “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.”

About One Data

One Data is a fast-growing software company from Germany that is revolutionizing the way companies handle and leverage data through their software: One Data AI-powered Data Product Builder.

The company was founded by Andreas Böhm back in 2013 from his love for data and his vision to make the world better using intelligent AI. One Data’s mission is to enable companies to generate value by transforming their data into discoverable, reliable, interoperable, and secure data products.