Today Barcelona and New York-based startup Onna, one of the world’s first Knowledge Integration Platforms (KIP), today announced an approximate €24 million Series B investment. This latest investment round, led by Atomico with participation from Glynn Capital, will be used to grow Onna’s engineering, product and partnerships teams to further develop its ecosystem of integrations and applications. Previous investors Dawn Capital, Nauta Capital and Slack Fund all invested in this latest round. As part of this investment, Atomico’s Ben Blume will also join the board.
Onna, founded in 2015, integrates all workplace knowledge-based apps together, from communication to storage and HR platforms, allowing companies large and small to unify, search, protect, automate and build on top of their proprietary knowledge in a way not previously possible.
Knowledge-based apps are those that go beyond raw data and focus on contextual human input such as emails, chat, documents, images, contracts, employee performance information, customer feedback, drawn from sources such as G Suite, Slack, Salesforce, Dropbox, Confluence, Zendesk and Workplace among others. Companies today use an average of 88 different apps to power their workforce, a 21% increase from just three years ago.
Possibilities for enterprises using a Knowledge Integration Platform like Onna include eDiscovery, information governance, enterprise search, archiving, compliance with data protection laws like GDPR and FINRA, monitoring for leaks of confidential data and building bespoke internal workflow apps using proprietary information. For small businesses, using Onna can drive individual and team productivity by reducing time wasted looking for information.
Salim Elkhou, founder and CEO of Onna said: “Companies now rely on a host of powerful apps, from Salesforce to Google Suite. But the popularity of apps means more knowledge is being siloed and fragmented. Imagine how powerful it would be – not just from a risk and compliance standpoint, but from an insights and efficiency standpoint – if CIOs and employees were able to bring that knowledge together. That’s our mission at Onna: to make the totality of a company’s proprietary knowledge accessible, useful and secure. In other words, we’re not just helping companies find a needle in the haystack; we help them put the haystack together.”
Ben Blume, Principal at Atomico said, “Onna provides a powerful new way to unify workforce knowledge in one place and use machine learning to enhance, enrich, and make that knowledge usable through a technology we call a ‘Knowledge Integration Platform’, or KIP. Onna is unique because it is cloud native and collaboration focused; it doesn’t matter if companies are integrating 20 applications or 200. Onna is also an open API, making all the organized content within an organisation accessible with a simple search and making Onna a platform to build upon. Finally, by helping companies discover smarter, Onna can help power data-led automation on issues from compliance to customer support and HR. With their unwavering commitment to innovation, security and customer satisfaction, we believe Salim and his team are the best positioned to lead this new category.”
Onna is working with some of the world’s most sophisticated companies, including Slack, Facebook, Electronic Arts, Lyft, Fitbit, Newscorp and Dropbox. By 2025, Onna aims to be core to any organization’s knowledge infrastructure.