Total amount raised
$9.3 Million
Latest funding date
11/1/2022
Location
OneSchema has successfully raised funding over two rounds, with the latest being a Seed round. The company is backed by 15 investors, including lead investors Contrary and Steven Bartel.
Keep reading to explore the intricacies of OneSchema's fundraising journey and the investors backing this innovative platform.
What Is OneSchema?
OneSchema is an AI-powered automation platform designed to handle messy files, including spreadsheets and PDFs, without requiring extensive manual work. The company focuses on integrating and automating the processing of these files to save time and improve efficiency. OneSchema operates within the Big Data, Productivity Tools, and SaaS industries.
Based in San Francisco, California, OneSchema has an employee count ranging from 11 to 50. The company targets multiple industries, including financial services, supply chain, health tech, and HR tech, providing a comprehensive solution for data onboarding needs.
How Much Funding Has OneSchema Raised?
- Seed Round
- Amount Raised: USD 6,300,000
- Date: November 2022
- Lead Investors: General Catalyst
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and expand operations, focusing on enhancing their suite of developer tools for ingesting CSV data.
- Pre-Seed Round
- Amount Raised: USD 125,000
- Date: August 2021
- Lead Investors: Y Combinator
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the initial product and validate the market need for an embeddable CSV importer.
Total Amount Raised: USD 6,425,000. Current Valuation: Not publicly disclosed.
Key Investors
- General Catalyst
- Details: General Catalyst is a venture capital firm that invests in early-stage and growth-stage companies. They focus on creating powerful, positive change that endures.
- Investment Focus Areas: Technology, healthcare, consumer sectors.
- Notable Investments: Airbnb, Stripe, Snap Inc.
- Sequoia Capital
- Details: Sequoia Capital is a prominent venture capital firm known for investing in early-stage startups and growth companies. They help daring founders build legendary companies from idea to IPO and beyond.
- Investment Focus Areas: Technology, healthcare, consumer, financial services.
- Notable Investments: Apple, Google, WhatsApp.
- Y Combinator
- Details: Y Combinator is a startup accelerator that provides seed funding and support to early-stage startups. They have funded over 2,000 startups, including Dropbox, Airbnb, and Stripe.
- Investment Focus Areas: Technology startups across various sectors.
- Notable Investments: Dropbox, Airbnb, Stripe.
- Elad Gil
- Details: Elad Gil is a well-known angel investor and entrepreneur. He is recognized for his investments in technology startups.
- Investment Focus Areas: Technology startups, particularly in the software and internet sectors.
- Notable Investments: Airbnb, Pinterest, Square.
- Contrary Capital
- Details: Contrary Capital is a venture capital firm that invests in early-stage technology companies. They identify and invest in the world's top talent.
- Investment Focus Areas: Early-stage technology companies.
- Notable Investments: Anduril, Zepto, Ramp.
What's Next for OneSchema?
OneSchema stands at the cusp of significant growth opportunities, driven by the increasing need for efficient data management tools. With its recent $6.3 million funding, the company is well-positioned to expand its customer base and enhance its product offerings. The involvement of high-profile investors like General Catalyst and Sequoia Capital underscores the substantial market potential for OneSchema's solutions.
Looking ahead, OneSchema is likely to attract further investment as it continues to innovate and address the persistent challenges of data integration. The company's focus on automating error detection and correction in CSV data imports aligns with industry trends, making it a valuable asset for businesses across various sectors. However, OneSchema will need to navigate competition and continuously improve its product to maintain its edge in the market.
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