German data management software company One Data has raised €32 million in a Series B round, co-led by Vsquared Ventures, a leading European deep tech and software investor. Merging companiesAnd HV Capital.
Founded in 2012, One Data’s AI-powered data product generator enables businesses to create, manage, and share data products while saving approximately 80% of their time.
It leverages AI technology to collect, analyze, and connect data points, increasing the quality of insights generated. This supports companies across industries including retail, manufacturing, pharmaceutical, chemical, and automotive. Its clients in the DACH region include BioNTech, thyssenkrupp, and SCHOTT.
Dr. Andreas Böhm, Founder and CEO of One Data, said:
“Our technology automatically transforms siloed data into trusted and valuable data products, enabling businesses to establish a consistent data governance policy.
This leads to more stable supply chains, better forecasts, faster R&D processes and highly efficient data teams, who are a real asset to their business and whose work now becomes visible through our software. As a result, the business value they generate through data products is evident.
“Our investors’ expertise in deep tech, software and scaling, as well as their strategic approach, knowledge and contacts, will be of great value to One Data in our growth journey.”
Benedikt von Schoeler, general partner at Vsquared Ventures, said:
“One Data can become the key tool enabling companies to exploit the full potential of their software applications, including GenAI and BI.
“There is enormous potential in Europe and abroad in this huge emerging market, as intelligent data management is a prerequisite for any company wishing to remain at the forefront of its sector.”
One Data will also use the additional capital to strengthen its leadership position in data product management, expand its offering in international markets, foster its strategic partnerships and offer access to its product to an even broader customer base.