# OnAppp

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/onappp

- Industry: Software
- Headquarters: London, UK
- Website: onapp.com
- Latest round: Series B (Jan 16, 2013)
- Investors on record: 1

## About

OnAppp is a cloud platform provider that specializes in Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) tailored for managed service providers (MSPs) and enterprises.OnAppp operates as a cloud platform company that enables businesses to deploy and manage cloud resources efficiently. The company is headquartered in London, UK. It does not have reported subsidiaries or parent companies. OnAppp was founded by a team with a background in cloud services. In January 2013, OnAppp secured funding in a SERIES B round led by LDC, which was part of its growth strategy. The company has completed one notable deal since its inception.OnAppp provides a comprehensive suite of cloud platforms designed specifically for managed service providers (MSPs). Their core offerings include a managed multi-tenant cloud that facilitates access to Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). These solutions cater to a variety of workloads including traditional, cloud-native, and machine learning applications. Their hyperconverged platform is built on OpenStack, ensuring high performance, scalability, and a low total cost of ownership (TCO). OnAppp's elastic PaaS solution integrates seamlessly with DevOps processes, automating application deployment and management across multiple cloud environments.In 2014, OnAppp reported a revenue of USD 7.44 mn, while its EBITDA for the same year was USD -3.61 mn. The company generates revenue through subscription models and pay-as-you-go pricing structures, primarily targeting B2B clients. Their flagship products are marketed through flexible licensing agreements, allowing MSPs to utilize OnAppp's virtualization and cloud management technologies effectively.OnAppp plans to expand its product offerings, including the introduction of new cloud management tools aimed at enhancing operational efficiency for MSPs. The company is targeting expansion into additional markets across Europe and parts of Asia by 2025, leveraging recent funding to fuel this growth. The capital raised in the SERIES B round will support the development of new technologies and the scaling of operations to meet increasing demand in these regions.

## Funding rounds

- Series B, Jan 16, 2013 — LDC

## Investors

- LDC (https://capitalatlas.ai/funds/ldc) — Series B