ONES.com Funding, Investors & Competitors

ONES.com has raised $109M across 5 funding rounds, most recently a $50M Series C in September 2021.

Last ONES.com funding round

$50M

Series C · Sep 2021

Cumulative funding ONES.com raised

$109M

across 5 funding rounds

Key investors in ONES.com

  • 5Y Capital
  • China Growth Capital
  • Source Code Capital
  • XVC
  • SoftBank Group
  • GIC
  • Vision Knight Capital

ONES.com Overview

About ONES.com

ONES.com is a Hangzhou-headquartered all-in-one DevOps platform covering project management, wikis, and testing for 100,000+ global teams. Founded in 2014, its suite—including ONES Project and ONES TestCase—supports Agile workflows in Java, Go, and cloud environments, integrating with GitLab and Jenkins. ONES serves enterprises like Alibaba affiliates across Asia-Pacific and Europe.


Founded

2015

HQ

United StatesSan Francisco, CA

Website

ones.com

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

ONES.com Funding History

ONES.com has raised a total of $109M across 5 funding rounds.

ONES.com's first fundraising round was a $3M Series A in December 2017. The most recent completed round was a $50M Series C in September 2021.

ONES.com funding rounds

ONES.com funding rounds
DateStageInvestorsRaised
Sep 2021Series CGIC (lead); XVC; Source Code Capital$50M
Jun 2021Series BXVC; SoftBank Group; 5Y Capital; Source Code Capital$40M
Dec 2019Series BVision Knight Capital (lead); China Growth Capital; 5Y Capital$10M
Sep 2018Series AChina Growth Capital (lead); 5Y Capital$6M
Dec 2017Series AChina Growth Capital (lead); 5Y Capital$3M

Who has invested in ONES.com?

7 investors have backed ONES.com across its funding rounds, including 5Y Capital, China Growth Capital, Source Code Capital, XVC, SoftBank Group and GIC.

Lead investors include GIC, Vision Knight Capital and China Growth Capital.


ONES.com Investors

Investors in ONES.com by funding rounds participated
InvestorHQRoundsRoleFirst check
5Y CapitalChinaChina4ParticipantDec 2017
China Growth CapitalChinaBeijing3LeadDec 2017
XVCChinaBeijing2ParticipantJun 2021
Source Code CapitalChinaChaoyang2ParticipantJun 2021
Vision Knight CapitalChinaShanghai1LeadDec 2019

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ONES.com Competitors

ONES.com competitors include listed companies like Salesforce and GetBusy, and private ones like OutSystems, Unqork, Workboard and Rippling.

Public and private companies comparable to ONES.com
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
OutSystemsUnited StatesBoston, MAPrivate$486M-$4.3B8.8x
UnqorkUnited StatesNew York City, NYPrivate$133M-$2B15.0x
WorkboardUnited StatesSan Francisco, CAPrivate--$800M-
SalesforceUnited StatesUnited StatesPublicly listed$42B$13B$200B5.2x
GetBusyUnited KingdomUnited KingdomPublicly listed$30M$2M$61M2.0x
RipplingUnited StatesSan Francisco, CAPrivate$570M-$17B29.5x

ONES.com Public Comps

ONES.com is still privately-owned, but its public comps include Alphabet, Microsoft, Oracle, SAP, Salesforce, Adobe, Strategy, Atlassian, Workday and Constellation Software.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Alphabet$403B$176B10.2x8.7x23.3x19.0x
Microsoft$332B$205B11.1x10.7x18.0x17.5x
Oracle$67B$33B8.6x7.8x17.7x13.9x
SAP$42B$13B5.8x5.4x18.4x17.1x
Salesforce$42B$13B5.5x5.2x17.8x12.2x
Adobe$24B$9.3B4.3x3.9x10.9x8.2x
Strategy$477M($5.4B)149.4x144.4x(13.1x)(12.3x)
Atlassian$6.6B$142M7.4x7.2x342.1x23.7x

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Common questions about ONES.com

When was ONES.com founded?ONES.com was founded in 2015.
Where is ONES.com headquartered?ONES.com is headquartered in San Francisco, CA, United States.
Is ONES.com publicly listed?No, ONES.com is a private, VC-backed company.
How much funding has ONES.com raised?ONES.com has raised $109M across 5 funding rounds.
What was ONES.com's last funding round?ONES.com's last funding round was a $50M Series C in September 2021, led by GIC.
Who are ONES.com's investors?ONES.com's investors include 5Y Capital, China Growth Capital, XVC, Source Code Capital, Vision Knight Capital, SoftBank Group and GIC.
Which companies are comparable to ONES.com?Companies comparable to ONES.com include OutSystems, Unqork, Workboard, Salesforce, GetBusy and Rippling.

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