OneStream Software
| Founded | 2010 |
|---|---|
| Headquarters | Rochester, Michigan |
| CEO | Tom Shea |
| Industry | Business Performance Management, Performance Management, Business Intelligence, Operational Intelligence |
| Products | OneStream XF |
| Website | www |
OneStream Software LLC is a software company headquartered in Rochester, Michigan. OneStream Software was founded in 2010 and develops corporate performance management (CPM) software for mid-sized to very large enterprises. OneStream Software serves the office of finance for financial close management, financial and management reporting, financial planning, operational planning and business intelligence.
History[edit]
OneStream Software was founded by Tom Shea, Bob Powers and Craig Colby. Tom Shea was co-founder and inventor of UpStream Software, which was acquired by Oracle as Oracle Hyperion Financial Data Quality Management (FDM). Bob Powers was a chief developer on Hyperion Enterprise and inventor of Oracle Hyperion Financial Management (HFM). Craig Colby was co-founder of UpStream Software prior to its acquisition by Oracle. In January 2019, OneStream received a $500M investment from private-equity firm KKR & Co. (Kohlberg Kravis Roberts). In February 2019, OneStream Software was announced a tech Unicorn (finance).[1][2][3] OneStream Software is routinely evaluated by recognized research and advisory firms. Recent evaluations include the February 2020 Gartner Peer Insights Customers' Choice for Cloud Financial Close Solutions.[4]
In November 2019, OneStream Software appointed former Microsoft executive Bill Koefoed as the company's CFO.[5]
Products[edit]
The OneStream XF SmartCPM™ platform is deployable on-premise, hosted, or as a Software as a Service (SaaS) in the cloud via Microsoft Azure. The platform supports financial close and consolidation, financial reporting, forecasting, budgeting, performance reporting and analytics oriented to the office of finance. The XF MarketPlace offers over 50 downloadable solutions to extend the OneStream XF platform.
References[edit]
- ↑ Tatyana Shumsky, Wall Street Journal. “KKR Agrees to Take Majority Stake in Financial Software Maker OneStream.” Published 7 February 2019.
- ↑ Pete Wilkins, Forbes. “Why Michigan Could Become A Startup Powerhouse.” Published 16 July 2019.
- ↑ Dustin Walsh, Crane's Detriot Business. “OneStream nails $1 billion valuation far from tech epicenters” Published 10 February 2019.
- ↑ Analysts Robert Anderson, John Van Decker and Greg Leiter, Gartner. “Magic Quadrant for Cloud Financial Planning and Analysis Solutions.” Published 8 August 2019.
- ↑ "OneStream Software installs former Microsoft executive as CFO". Crain's Detroit Business. 2019-11-18. Retrieved 2020-04-09.
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