One Six Solutions Inc.

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One Six Solutions Inc. - overview

Established

2013

Location

Chicago, IL, US

Primary Industry

IT Infrastructure

About

One Six Solutions Inc. is a data engineering and artificial intelligence solutions provider, delivering innovative services for sectors such as finance, healthcare, and manufacturing to optimize operational efficiency and drive profitability. Founded in 2013 and headquartered in Chicago, US, One Six Solutions Inc. specializes in data-driven solutions and has pivoted to focus on AI capabilities in recent years.


Key founders include Abhishek Sharma, Ajit Monteiro, Mike Galvin, and Sergio Garb, who currently serves as CEO. The company has successfully completed one deal as of October 20, 2022, when Superstep Capital invested in the firm, although the financial terms weren't disclosed. One Six specializes in delivering advanced data engineering and artificial intelligence (AI) solutions tailored for various industries, including financial services, healthcare, manufacturing, and technology. Their core offerings encompass a suite of services such as data analytics, data engineering, and AI-driven solutions that enhance operational efficiencies, improve decision-making, and drive profitability.


The company provides end-to-end support for clients looking to leverage technologies like Snowflake, AWS, and Microsoft Azure to build scalable, secure cloud infrastructures. By employing innovative tools such as LandingAI’s computer vision and document intelligence solutions, One Six addresses specific challenges faced by their clients, enhancing provider engagement in healthcare and optimizing operations in the manufacturing sector. Their services are utilized by a diverse client base across North America and Europe, enabling organizations to harness data for strategic business outcomes. One Six operates on a business-to-business (B2B) model, establishing partnerships with clients to implement their comprehensive data and AI solutions.


Revenue is generated primarily through consulting agreements and service contracts that may include subscription-based models for ongoing support and maintenance. The company collaborates with industry leaders like Matillion and Fivetran to streamline data integration and analytics, adding value to their client offerings. Transactions typically involve structured engagements where clients pay for specific service packages, which may include customized data engineering projects or analytics solutions designed to meet particular business needs. Through this model, One Six ensures that clients receive tailored services, fostering long-term relationships that enhance customer retention and satisfaction.


In October 2022, Superstep Capital's investment in One Six Solutions Inc. will enable the firm to further develop its solutions and expand its team of experienced consultants. As part of its growth strategy, One Six is focused on launching new AI-driven products tailored to specific industry challenges over the coming year. The company is also eyeing geographical expansion into additional regions in North America and Europe, aiming to penetrate these markets by 2024.


Current Investors

Superstep Capital

Primary Industry

IT Infrastructure

Sub Industries

Consulting Services, Web Applications, Web Development, IT Infrastructure, Analytics & Performance Software

Website

www.onesixsolutions.com

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

One Six Solutions Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedStrong Analytics-
GrowthCompletedOne Six Solutions Inc.-

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