Onna is a technology company.
Onna has raised $43.0M across 3 funding rounds.
Onna has raised $43.0M in total across 3 funding rounds.
Onna has raised $43.0M in total across 3 funding rounds.
Onna's investors include 7percent Ventures, Abstract Ventures, Accenture, Anorak Ventures, Atomico, Baidu Ventures, Cherry Ventures, Dawn Capital, foobar.vc, Insight Partners, Nauta Capital, Plug & Play Ventures.
Onna is a data management platform that integrates unstructured data from digital workplace tools like Slack, Google, Microsoft, Confluence, and Jira, making it searchable and actionable for legal, IT, and compliance teams.[1][2][5] It solves the problem of fragmented knowledge in cloud-based apps by enabling data centralization, migration, archiving, monitoring, and AI-powered pipelines for eDiscovery, compliance, and governance, serving enterprises such as Dropbox, Electronic Arts, Facebook, Fitbit, Lyft, NewsCorp, and Slack.[1][2][5] Founded in 2015 and headquartered in New York with offices in Barcelona, San Francisco, Raleigh, Toulouse, and London, Onna raised $63.5M before its acquisition by Reveal Data in May 2024, demonstrating strong growth in the legal tech space.[1][2]
Onna was founded in 2015 by Salim Elkhou, its CEO, who identified a critical gap as cloud-based enterprise apps proliferated, fragmenting organizational knowledge and complicating searches, productivity, and compliance amid stricter regulations.[2] Previously known as Algorik, the company emerged from Elkhou's experience in legal tech, targeting the "discovery problem at scale" for in-house legal teams dealing with tools like Slack, Jira, and Confluence.[1][2][3] Early traction came from addressing data sprawl in big corporations, leading to $43M-$63.5M in funding from investors like Atomico and support for major clients, culminating in its 2024 acquisition by Reveal Data.[1][2]
Onna rides the wave of exploding unstructured data from SaaS tools, amplified by remote work, AI adoption, and regulatory pressures like GDPR and evolving eDiscovery needs, where 80-90% of enterprise data is unstructured and hard to access.[2][5] Its timing aligns with GenAI's rise, positioning it to transform data sprawl into assets for LLMs while cutting legal review costs in a market projected to grow amid mergers like Casepoint-OPEXUS (Jan 2025).[1] Onna influences the ecosystem by defining modern data management for legal tech, enabling faster compliance and innovation for hyperscalers, and bridging IT/legal silos in a post-acquisition era under Reveal Data.[1][5]
Post-2024 acquisition by Reveal Data, Onna will likely expand its AI pipeline and connectors, integrating deeper into Reveal's eDiscovery suite to capture more of the $10B+ legal tech market.[1] Trends like multimodal GenAI, stricter data privacy laws, and hybrid work will propel demand for its unification tech, potentially evolving it into a core enterprise data OS. As Reveal scales globally, Onna's influence could redefine how corporations weaponize proprietary knowledge, tying back to its origins in taming cloud fragmentation for unmatched efficiency.
Onna has raised $43.0M across 3 funding rounds. Most recently, it raised $27.0M Series B in June 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2020 | $27.0M Series B | 7percent Ventures, Abstract Ventures, Accenture, Anorak Ventures, Atomico, Baidu Ventures, Cherry Ventures, Dawn Capital, foobar.vc, Insight Partners, Nauta Capital, Plug & Play Ventures, Slack Fund, Social Capital, Evan Moore, Gokul Rajaram | |
| Jun 1, 2019 | $11.0M Series A | 7percent Ventures, Abstract Ventures, Accenture, Anorak Ventures, Atomico, Dawn Capital, foobar.vc, Insight Partners, Nauta Capital, Slack Fund, Social Capital, Evan Moore, Gokul Rajaram | |
| Jan 1, 2018 | $5.0M Seed | Nauta Capital |