# One

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/one-2

- Industry: Software
- Headquarters: Folsom, US
- Website: www.oneinc.com
- Total disclosed funding: $52M
- Latest round: Series B (Jun 9, 2017)
- Investors on record: 5

## About

One Inc., based in the US, specializes in providing innovative digital payment solutions for the insurance industry, enhancing the efficiency of premium collections and claims disbursements with its advanced software offerings.Founded in 2012, One Inc. operates from Folsom, California, US, focusing on digital payment solutions in the insurance sector. Notably, the company has engaged in 7 deals, with the most recent being a Series B funding round in March 2024, raising USD 15.00 mn from investors including H&Q Asia Pacific. The company is led by founders Christopher Ewing, Michael Graves, Satoya Hatanaka, and Tim Tyannikov, with Christopher Ewing also serving as CEO.One Inc specializes in providing innovative digital payment solutions for the insurance industry, focusing on streamlining premium collections and claims disbursements through its flagship products, ClaimsPay® and PremiumPay®. These platforms enable insurers to deliver fast and secure digital claims payments through various channels preferred by payees, thereby enhancing the overall payment experience for policyholders and vendors. The solutions facilitate automatic reconciliation of payments, allowing organizations to efficiently manage their payment activities and compliance burdens by removing sensitive payment data from their networks. One Inc serves a diverse clientele, which includes insurance companies and their policyholders, across various geographical markets, including the United States and Canada.One Inc operates on a revenue model primarily built around transactional fees and subscription-based pricing structures associated with its core products, ClaimsPay® and PremiumPay®. The company generates revenue through partnerships with insurance providers who utilize its platforms for managing claims and premium payments. For example, when an insurance company processes a claim via ClaimsPay®, it incurs a fee structured around the transaction volume and the specific services utilized, such as expedited claims payment processing or automated reporting features. Similarly, PremiumPay® may involve subscription fees based on the number of transactions processed per month or year, allowing insurers to enhance their payment processing capabilities efficiently. The combination of these revenue streams contributes to One Inc's growth within the digital payment landscape for the insurance sector.In March 2024, One Inc. received an investment from Nordic Capital, which, alongside the company's management, will support the acceleration of product development and foster the next growth phase. The company is also targeting the launch of new products aimed at further enhancing its digital payment offerings, although specific release dates are yet to be announced. Expansion into new markets, particularly within North America, is also on the agenda to broaden its customer base and service capabilities.

## Funding rounds

- Series B, Jun 9, 2017, $15M — H&Q Asia Pacific
- Series B, Dec 14, 2016, $20M — H&Q Asia Pacific, AXA Venture Partners, MassMutual Ventures
- Series A, Sep 3, 2014, $17M — H&Q Asia Pacific, Camp One Ventures, AGI Partners

## Investors

- H&Q Asia Pacific (https://capitalatlas.ai/funds/h-q-asia-pacific) — Series A, Series B
- Camp One Ventures (https://capitalatlas.ai/funds/camp-one-ventures) — Series A
- AGI Partners (https://capitalatlas.ai/funds/agi-partners) — Series A
- AXA Venture Partners (https://capitalatlas.ai/funds/axa-venture-partners) — Series B
- MassMutual Ventures (https://capitalatlas.ai/funds/massmutual-ventures) — Series B