- OneStream Software, a Rochester, Mich.-based provider of corporate performance management (CPM) solutions, secured $200m in series B funding and a valuation of $6 billion
- The round was led by D1 Capital Partners with participation from Tiger Global and Investment Group of Santa Barbara (IGSB)
- The company also intends to use the funds to accelerate global expansion and innovation across its intelligent finance platform and solutions marketplace
- OneStream Software also provides a cloud intelligent finance platform which unifies corporate performance management (CPM) processes
- OneStream achieved 86% growth in annual recurring revenue (ARR) in 2020, scaling its customer base by 40% to over 650 enterprises worldwide
- In the just completed Q1 of 2021, OneStream’s sales growth accelerated with over 200% growth in bookings and 100% growth in ARR, year over year
