Oneflow

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Oneflow
Public
IndustrySoftware development
Founded2012; 12 years ago (2012)
Founder
  • Anders Hamnes (CEO)
  • Kalle Moodh
  • Fredrik Rinman
HeadquartersStockholm, Sweden
Websiteoneflow.com

Oneflow AB is a software development company renowned for its digital contract automation systems.[1] It provides an innovative solution that transforms contract management practices for businesses, enabling organizations to optimize their contract processes by digitalizing the entire contract lifecycle.[2] This eliminates the need for manual, paper-based methods, resulting in reduced administrative burdens and mitigating the risks associated with human errors.[3]

Oneflow's comprehensive features empower companies to handle contracts digitally, covering everything from creation and signing to archiving, all conveniently centralized within the platform.[4][5]

Overview

Established in 2012, Oneflow was founded by the current CEO and founderAnders Hamnes, with Kalle Moodh and Fredrik Rinman as co-founders, with its headquarters in Stockholm, Sweden.[6] The company specializes in digital contracts and has created a software-as-a-service (SaaS) platform that empowers businesses across industries to manage their contracts and agreements within a digital environment.[7] Through its real-time digital contract management service, businesses can effectively handle both internal and external agreements.[8]

With a diverse workforce comprising over 170 employees representing 30 nationalities, Oneflow operates seven offices located in Stockholm, London, Oslo, Paris, Helsinki, Amsterdam, and Sri Lanka.[9] Oneflow supports a multilingual environment, offering its platform in 10 languages, including English, Swedish, Norwegian, Danish, German, Spanish, French, Finnish, Portuguese, and Dutch.[10]

In November 2017, Oneflow entered into a collaboration with Telia, a prominent telecom company, which resulted in the inclusion of Oneflow in Telia's App market.[11] This partnership enabled Telia to provide Oneflow's contract automation services to its business customers as part of its cloud service offerings.[12]

In April 2022, Oneflow AB announced its share offering and subsequent listing on the Nasdaq First North Premier Growth Market.[13][14]

On March 7, 2023, Oneflow introduced an innovative feature called AI Assist, harnessing the advanced capabilities of OpenAI's GPT3.5 Turbo model.[15][16]

Platform & features

With a wide range of features and capabilities, Oneflow simplifies contract management from start to finish. Users can create customized templates or choose from pre-made options, tailoring contracts to their specific needs.[17] The platform also offers an AI assistant for generating contract content quickly. Once designed, contracts can be easily shared and accessed on any digital device, ensuring convenience and accessibility.[18]

The collaborative nature of Oneflow facilitates real-time editing and negotiation, eliminating the complexities associated with managing multiple versions.[19] Interactive fields and product tables simplify data input and calculations, ensuring accuracy and efficiency.[20] Live notifications keep users informed of contract actions, while comments are securely stored alongside the contract, creating a comprehensive audit trail.[21]

Security is of utmost importance in contract management, and Oneflow provides peace of mind with electronic seals and legally binding signatures.[22] Contracts are protected against unauthorized changes, ensuring the integrity of the agreement.[23] Additionally, the management dashboard serves as a centralized hub for users to effortlessly view and control all their contracts providing a comprehensive overview and detailed insights.[24][25]

Oneflow's analytics feature provides real-time insights into performance, and integrations with CRM and other systems, such as Google Workspace, Microsoft Power, Teamtailor, Salesforce, Upsales, Hubspot, Adocka, Zapier, SuperOffice, Pipedrive, and several others.[26]

Pricing

Oneflow presents a robust software-as-a-service (SaaS) solution that delivers a comprehensive and user-friendly platform for digital contracts. Oneflow offers a flexible pricing structure, with affordable options starting at €17.00 per year, billed annually.

  • Users can enjoy a 14-day free trial of the premium plan, after which the basic Oneflow features remain free forever.
  • The Essentials plan priced at $17 is designed for those seeking to streamline their contract processes.
  • For teams looking to optimize contract management and leverage contract data, the Business plan is available for $45.
  • The Enterprise plan caters to global teams with expansive digital goals, allowing scalability and unlocking the full potential of contract management.

Investment & funding

Through six funding rounds, Oneflow has successfully raised $6.72 million, with the first round taking place on October 3, 2015. In 2017, the company secured SEK 10 million, followed by an additional SEK 20 million in September 2018.[27] The funding came from venture capital firm Spintop Ventures and private investors, including Lars Appelstål, the founder of Readsoft, and Bengt Nilsson, the founder of IFS.[28]

In 2020, Oneflow raised SEK 20 million in a funding round led by business angel Mattias Ståhlgren.

In April 2022, Oneflow AB went public, raising around SEK 275 million.[29] It is listed on the Nasdaq First North Premier Growth Market under the ticker symbol "ONEF." Anchor investors, including Swedbank Robur Ny Teknik, Handelsbanken Fonder, Andra AP-fonden, and Humle Fonder, participated in the oversubscribed share offering.[30] The offering comprised 6,111,111 newly issued shares and an additional 580,093 existing shares through an upsize option, totaling 9 percent.[31] To accommodate over-allotments, up to 1,003,680 additional shares were made available, valued at approximately SEK 45 million. Trading of Oneflow's shares started on 8 April 2022, with settlement occurring on 12 April 2022.[32]

The recent financing of SEK 6 million from existing owners, including prominent IT veterans Bengt Nilsson and Lars Appelstål, is poised to fuel Oneflow's growth and expansion plans.

In the media

           

References

  1. ↑ BillingText, Mimi (30 November 2017). "Han vill digitalisera avtalen – tar in nya miljoner av anställda". Dagens industri (in svenska). Retrieved 6 July 2023.
  2. ↑ AB, Breaking Media. "6 SaaS-stjärnor om satsningarna och vargavintern: "Vi har inte sett blodet flyta på gatorna än"". www.breakit.se (in svenska). Retrieved 6 July 2023.
  3. ↑ "ONEF, ONEFLOW". nasdaqomxnordic.com. Retrieved 6 July 2023.
  4. ↑ "Oneflow leverages the latest OpenAI's GPT Turbo to forge the future of contracts". Bloomberg.com. 7 March 2023. Retrieved 6 July 2023.
  5. ↑ "MultiAdaptor". MultiAdaptor. Retrieved 6 July 2023.
  6. ↑ AB, Breaking Media. "Intäkterna ökar för bolaget som digitaliserar dina kontrakt". www.breakit.se (in svenska). Retrieved 6 July 2023.
  7. ↑ AB, Breaking Media. "Startup ska fixa kontraktsstrulet – flyttar in i Telias appbutik". www.breakit.se (in svenska). Retrieved 6 July 2023.
  8. ↑ CaesarText, Julia (11 May 2022). "Miljardbolag till First North: "Har alltid varit lönsamma"". Dagens industri (in svenska). Retrieved 6 July 2023.
  9. ↑ "Oneflow Software Reviews, Demo & Pricing - 2023". www.softwareadvice.com. Retrieved 6 July 2023.
  10. ↑ AgazziText, Marianne (11 April 2022). "Nasdaq: Fler noteringar innan sommaren". Dagens industri (in svenska). Retrieved 6 July 2023.
  11. ↑ "oneflow". tracxn.com. Retrieved 6 July 2023.
  12. ↑ LindgrenText, Martin (8 April 2022). "Miljonklipp för börsprofilerna i medioker First North-debut". Dagens industri (in svenska). Retrieved 6 July 2023.
  13. ↑ "Oneflow: Notering kraftigt övertecknad". www.di.se (in svenska). 8 April 2022. Retrieved 6 July 2023.
  14. ↑ "StackPath". www.affarsvarlden.se. Retrieved 6 July 2023.
  15. ↑ DirektText, Nyhetsbyrån (8 April 2022). "Emissionen inför Oneflows notering kraftigt övertecknad". Dagens industri (in svenska). Retrieved 6 July 2023.
  16. ↑ "The Hub | Oneflow". thehub.io. Retrieved 6 July 2023.
  17. ↑ AB, Breaking Media. "Signat och klart! Nya miljoner till snabbväxarens digitala avtal". www.breakit.se (in svenska). Retrieved 6 July 2023.
  18. ↑ Direkt, Viktor Mölne•Nyhetsbyrån (8 April 2022). "Morgonkoll: Blandat på Asienbörserna – oljepriset backar något". Dagens industri (in svenska). Retrieved 6 July 2023.
  19. ↑ AB, Breaking Media. "Stort intresse för SaaS-bolaget – redo för handelspremiär". www.breakit.se (in svenska). Retrieved 6 July 2023.
  20. ↑ "Oneflow eSignatures and Contract management for Salesforce". Salesforce AppExchange | Leading Enterprise Cloud Marketplace. Retrieved 6 July 2023.
  21. ↑ "Agendan: Oneflow blir First Norths största notering i år". www.di.se (in svenska). 7 April 2022. Retrieved 6 July 2023.
  22. ↑ AB, Breaking Media. "Snabbväxande SaaS-bolaget till börsen – ska ta in 275 miljoner". www.breakit.se (in svenska). Retrieved 6 July 2023.
  23. ↑ AB, Breaking Media. "De kan casha in 500 miljoner – när SaaS-bolaget går till börsen". www.breakit.se (in svenska). Retrieved 6 July 2023.
  24. ↑ AgazziText, Marianne (28 March 2022). "Saas-bolaget mot First North". Dagens industri (in svenska). Retrieved 6 July 2023.
  25. ↑ "Oneflow Integrations | Connect Your Apps with Zapier". Zapier. Retrieved 6 July 2023.
  26. ↑ LeijonhufvudText, Jonas (21 October 2020). "Readsoft-miljonär och IFS-grundare satsar på ny snabbväxare". Dagens industri (in svenska). Retrieved 6 July 2023.
  27. ↑ AB, Breaking Media. "Vill fixa kontraktsstrul – får in stjärnentreprenör som investerare". www.breakit.se (in svenska). Retrieved 6 July 2023.
  28. ↑ StrömText, Viktor (19 September 2018). "Han gör pappersavtal onödiga – får in 20 miljoner". Dagens industri (in svenska). Retrieved 6 July 2023.
  29. ↑ "While Oneflow (STO:ONEF) shareholders have made 16% in 1 year, increasing losses might now be front of mind as stock sheds 14% this week". simplywall.st. 9 May 2023. Retrieved 6 July 2023.
  30. ↑ AB, Breaking Media. "Stefan Lundell: Miljardären gav mig tummen upp – börs-liket lever (men fönstret är inte öppet för alla)". www.breakit.se (in svenska). Retrieved 6 July 2023.
  31. ↑ "VivaTech Digital Platform". app.vivatechnology.com. Retrieved 6 July 2023.
  32. ↑ CaesarText, Julia (22 January 2020). "Vill skrota papperskontrakt – tar in 20 miljoner". Dagens industri (in svenska). Retrieved 6 July 2023.

External links

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