# Onavo

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

- Industry: Internet
- Headquarters: Ramat Gan, Israel
- Website: www.onavo.com
- Total disclosed funding: $13M
- Latest round: Series B (Jan 24, 2012)
- Investors on record: 4

## About

Onavo is a data analytics company that provides innovative solutions aimed at enhancing business operations and improving customer engagement through advanced software platforms.Founded in 2010 in Ramat Gan, Israel, Onavo specializes in data analytics for businesses. In October 2013, the company was acquired by Facebook in a TRADE SALE for USD 150.00 mn, with Meta being the lead investor. The company has successfully raised a total of USD 10.00 mn through 3 deals to date.Onavo delivers a suite of technological solutions, including advanced software platforms that focus on data analytics and operational efficiency. Their offerings target mid-sized enterprises and large corporations in industries such as finance, healthcare, and retail, with a market presence in North America, Europe, and emerging Asian markets.The company generates revenue through a combination of subscription services and direct sales, offering tiered pricing plans for software licenses that accommodate different user needs. This includes both monthly and annual subscriptions, allowing for flexibility among clients, and fostering relationships that drive consistent revenue growth.Onavo plans to leverage its recent acquisition by Facebook to enhance its product offerings and expand into new markets, focusing on additional regions within Asia and Europe by 2015. The funds from the TRADE SALE will be utilized to develop new analytics features and improve their existing platforms, ensuring continued alignment with market demands.

## Funding rounds

- Series B, Jan 24, 2012, $10M — Hong Shan, Magma Venture Partners, Motorola Mobility, Horizons Ventures
- Series A, May 17, 2011, $3M — Hong Shan, Magma Venture Partners

## Investors

- Hong Shan — Series A, Series B
- Magma Venture Partners (https://capitalatlas.ai/funds/magma-venture-partners) — Series A, Series B
- Motorola Mobility — Series B
- Horizons Ventures — Series B