One Model, an Austin, TX-based people analytics software company, raised $41m in growth funding.
The round was led by Riverwood Capital, with participation from Queensland Investment Corporation (QIC), Geekdom, and AV8 Ventures.
The company intends to use the funds to accelerate the development of its two core technology solutions.
Led by Chris Butler, Co-founder and CEO, One Model provides the People Data Cloud™ and One AI, which offer advanced analytics capabilities and data orchestration to help businesses make data-driven decisions, optimize talent strategies, and facilitate business success.
The People Data Cloud™ is a workforce data orchestration platform which allows organizations to utilize the full potential of their workforce data, garner actionable insights, and make data-informed decisions that drive business success.
One AI is a secure data science, machine learning, and predictive analytics platform in the HR analytics category, which promotes ethical, explainable AI-generated insights for employers.
One Model is used by players around the world and across sectors. Among its customers are one of the world’s largest web design and hosting companies, the leading online securities trading app, a global payroll provider, and dozens and dozens of globally-recognized brands.
