# Oneteam

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

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.oneteamhq.com
- Total disclosed funding: $2.6M
- Latest round: Seed (May 14, 2025)
- Investors on record: 1

## About

Based in Singapore, Singapore, and founded in 2024 by CEO Kevin Boo and CFO Matthew Pay, One KM Private Ltd., trading under the name Oneteam, focuses on facilitating transitions for retiring business owners to employee ownership. In November 2024, Oneteam raised SGD 3.5 million in seed funding led by Wavemaker Ventures.

One Team Singapore offers a streamlined business acquisition service designed for retiring business owners. The process begins with a preliminary valuation based on financial data, providing a ballpark figure and an initial term sheet within a week. This is followed by comprehensive due diligence, covering financial, tax, legal, and commercial aspects, with findings shared within three weeks. The company prepares draft agreements, including share purchase and shareholder agreements if needed, and collaborates with owners over two weeks for review and amendments. Once final documents are signed, funds are transferred, ensuring a smooth transition while preserving the business's legacy.

The company plans to use its proceeds from November 2024 funding to acquire more small businesses and enhance its platform.

## Funding rounds

- Seed, May 14, 2025, $2.6M — Wavemaker Partners

## Investors

- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed