Announced

KKR invested in OneStream Software, valuing it at $1bn.

Synopsis

KKR invested in OneStream Software, a leading provider of cloud or on-premise Corporate Performance Management solutions for mid-sized to large enterprises, valuing the company at $1bn. The capital infusion is OneStream’s first from an external investor, after achieving nearly 500% growth over the last three years while maintaining strong profitability. “Based on their more than two decades of experience developing software solutions for the office of the CFO, the OneStream team has taken a modern platform approach to addressing the complex financial structures facing large organizations today. As a result, OneStream’s platform is rapidly gaining mindshare as the high-quality and high-value alternative to maintaining cumbersome legacy applications,” said Dave Welsh, Member and Head of TMT Growth Equity at KKR. “We look forward to supporting the company with our proven capabilities to help our portfolio companies drive international expansion, scale operations, and enable access to a broader range of customers across industries and government.”

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