Austin, Texas, April 15, 2020 – One Model, globally recognized for its people analytics platform, announced its latest round of venture funding, which will accelerate growth in the United States and International markets. This recent round includes a significant new investment from AV8 Ventures, with existing investors, The Geekdom Fund, and CEAS Investments continuing to participate.
One Model, which opened an additional data center in Sydney just last year, will utilize these funds to expand its presence in Australia, Asia-Pacific, and Europe, and to continue to innovate and develop the product and customer experience.
“We are excited to partner with One Model to help build a category leading company in people analytics. One Model’s best-in-class technology enables at-scale exploitation of proprietary data assets and machine learning. The convergence of these is one of our key investment themes,” says George Ugras, Managing Partner of AV8 Ventures.
“The One Model team has done a great job building a high ROI solution that is already demonstrating tremendous value to the enterprise. We welcome AV8 to the team as we enter the next phase of scaling the company”, said Don Douglas, Geekdom Fund.
"Our growth over the last couple of years is reflective of the quality of our product and the domain expertise of our team in shaping its development. Organizations are choosing One Model for our leadership in orchestrating complex people data sets to readily deliver analytical content augmented by One AI, the only automated machine learning toolkit built specifically for HR data. We continue to see an acceleration of demand into 2020 even with the global economic slowdown caused by the COVID-19 pandemic, which has seen our product extensively used in helping organizations respond to the current crisis.” says Chris Butler, One Model CEO.
Bay-area based AV8 Ventures has a general focus on digital health, big data and artificial intelligence, mobility, and enterprise tech. Its two-year old team, which is composed of industry experts, scientists, operators, and investors portfolio includes companies such as fintech company M-Cube, Locomation, an autonomous trucking startup, PlanetIQ, a weather forecasting and climate monitoring platform, and women’s healthcare platform, Alpha Medical.
About The Geekdom Fund
The Geekdom Fund invests in early-stage IT startups in San Antonio, South Texas and beyond. It is managed by Riverwalk Capital, LLC. The fund supports entrepreneurial technology businesses with expansion capital to accelerate growth and build exceptional shareholder value.
CEAS Investments focuses its sights on disruptive technology, B2B SaaS, marketplaces, and consumer services. The Florida-based investment firm is a fourth-time investor in One Model since its first investment in 2015. Its portfolio includes the recently acquired dental company, Smile Direct Club and razor retailer Billie, to Fivetran, Indigo, and Interviewed.
About One Model
One Model provides a data management platform and comprehensive suite of people analytics directly from various HR technology platforms to measure all aspects of the employee lifecycle. Use our out-of-the-box integrations, metrics, analytics, and dashboards, or create your own as you need to. We provide a full platform for delivering more information, measurement, prediction, and accountability from your team. Learn more at onemodel.co.
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