OneStream Software LLC

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OneStream Software LLC - overview

Established

2012

Location

-, MI, US

Primary Industry

Financial Services

About

OneStream Software LLC is a US-based provider of enterprise finance management solutions, delivering a unified platform that enhances financial planning, forecasting, and reporting for organizations across various sectors. Founded in 2012, OneStream Software LLC specializes in enterprise finance management. The company operates from its headquarters in the United States and has expanded its operations globally. OneStream has successfully raised USD 200.


00 mn in a Series B funding round led by D1 Capital Partners, alongside investments from the Investment Group of Santa Barbara and Tiger Global Management. As of July 2024, they have completed three notable deals, including their recent IPO that raised USD 490 mn, valuing the company at USD 6,000. 00 mn. OneStream Software specializes in enterprise finance management solutions, offering a unified platform that integrates financial and operational data to enhance planning, forecasting, and financial closing processes.


The company’s flagship product, OneStream SensibleAI, utilizes artificial intelligence and machine learning to improve planning efficiency by up to 86% and forecast accuracy by nearly 30%. Their services cater primarily to finance teams across various industries, including financial services, healthcare, manufacturing, and government, facilitating data-driven decision-making and strategic financial management. OneStream Software operates on a subscription-based revenue model, where clients pay for access to its comprehensive suite of financial management solutions, which includes features for financial close, planning, and reporting. The product pricing typically involves tiered subscription plans tailored to the client's operational needs.


OneStream Software is focused on expanding its market presence and enhancing product offerings. Following its recent IPO on July 24, 2024, the company aims to utilize the raised funds to develop new products and enter new geographic markets. Specific plans include targeting markets in Europe and Asia by 2025, alongside the launch of innovative features in its product suite to better serve the evolving needs of finance professionals. In January 2026, HgCapital LLP agreed to acquire OneStream Software LLC in an all-cash transaction that values the enterprise finance management platform at USD 6.


4 billion from KKR, Tiger Global Management, Investment Group of Santa Barbara, and D1 Capital Partners. Financial terms of the transaction were not disclosed.


Current Investors

Primary Industry

Financial Services

Sub Industries

e-Financial, Accounting/Finance Software

Website

www.onestreamsoftware.com/

Verticals

Artificial Intelligence, Big Data, Cloud Computing, FinTech

Company Stage

Mature

Total Amount Raised

Subscriber access only

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