Munich-based One Data, a leader in data management software, has successfully closed a €32 million Series B extension round. The funding was co-led by Vsquared Ventures, Molten Ventures, and HV Capital, positioning One Data to scale its AI-powered Data Product Builder platform and enhance its market reach.
Founded by Dr. Andreas Böhm, the firm aims to become the top player in Data Product Management by offering advanced solutions that transform siloed data into valuable, reliable data products. Their platform serves blue-chip clients such as BioNTech, thyssenkrupp, and SCHOTT, helping businesses establish consistent data governance policies.
Dr. Andreas Böhm, CEO and Founder of One Data, emphasized the transformative potential of their technology: “Our unique approach allows businesses to turn isolated data into valuable assets automatically, leading to more stable supply chains, better forecasting, and efficient R&D processes.”
Support from Strategic Investors
Nelly Markova, Partner at Molten Ventures, expressed confidence in their potential: “One Data has developed an AI-native platform trusted by many leading companies. We are excited to support Andreas and his team as they scale their business globally.”
David Kuczek, General Partner at HV Capital, highlighted One Data’s innovative approach: “By pioneering data products, One Data is revolutionizing data management. Their solutions are perfectly positioned to meet the increasing data demands driven by large language models (LLMs).”
Utilizing the Investment
The newly secured funds will enable Andreas Böhm and his team to strengthen its market position, expand internationally, and enhance strategic partnerships. This will help the company reach a larger customer base and continue developing its innovative AI-powered Data Product Builder.
Benedikt von Schoeler, General Partner at Vsquared Ventures, commented on the market potential: “Smart data management is essential for any company looking to stay ahead. One Data can become a key enabler for companies to leverage the full potential of their software applications, including GenAI and Business Intelligence.”
Bridging the Data Gap
The startup addresses the challenges businesses face in accessing and managing data. Recent research by Bitkom shows that only 6% of German companies fully utilize their data, with many planning to adopt data-driven models in the near future. One Data’s platform democratizes data access, enabling users of all skill levels to create, manage, and share data products efficiently.
With this substantial investment, the german company is set to advance its mission of revolutionizing data management, enhancing productivity, and driving substantial business value globally.