OneThird

Consumer ServicesSeries AEnschede, Netherlandsonethird.io

Latest round

Series A

Last raised

Jan 2025

Total raised

$8.4M

Investors

6

About OneThird

V. specializes in developing solutions for the fresh produce industry through advanced AI technology. Founded in 2016 in Enschede, Netherlands, the company has successfully completed 4 deals. The founders, Laurens Drapers and Marco Snikkers, have a history of leveraging technology for agricultural applications.OneThird specializes in providing a cloud-based platform equipped with AI-powered fresh produce scanners that enable real-time quality assessment of fruits and vegetables. Their core offerings include advanced scanning technology that integrates smartphone imaging with a smart quality insights platform, designed to enhance supply chain decision-making for stakeholders in the fresh produce industry. The main use case for these products is to improve freshness and reduce food waste by accurately predicting shelf-life, thus allowing growers, distributors, and retailers to optimize their operations. OneThird’s solutions have been adopted across multiple geographical markets, primarily focusing on Europe, where they serve a diverse client base comprising growers, food distributors, and retail chains.OneThird generates revenue through B2B transactions, primarily by offering subscription-based access to their platform and services for growers, distributors, and retailers. Clients typically engage in partnerships that allow them to utilize OneThird's technology for monitoring and managing the quality of their fresh produce. The company’s revenue model is structured around tiered subscription plans, which provide varying levels of access to the AI-driven insights and tools, tailored to the specific needs of its customers. This transaction structure enables retailers and wholesalers to leverage OneThird's solutions effectively, contributing to improved operational efficiencies and cost reductions.V. The newly acquired funds will support the development of upcoming products designed to further improve the accuracy of quality assessments for fresh produce. The company is committed to utilizing its innovative technology to foster growth and operational efficiency in these critical markets.

Who invested in OneThird

6 investors across 4 rounds

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Funding rounds

  1. Series A

    Jan 30, 2025

    Amount

    $3.7M

    Investors

    Locked

  2. Seed

    Mar 23, 2023

    Amount

    $2.9M

    Investors

    Locked

  3. Seed

    Apr 20, 2021

    Amount

    $1.8M

    Investors

    Locked

  4. Seed

    Oct 1, 2016

    Amount

    Undisclosed

    Investors

    Locked

Questions about OneThird

Who invested in OneThird?

OneThird has 6 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has OneThird raised?

OneThird has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did OneThird last raise money?

OneThird's most recent round on record is a Series A, in Jan 2025.

What does OneThird do?

OneThird is a consumer services company.

Where is OneThird headquartered?

OneThird is headquartered in Enschede, Netherlands.

Which VCs invest in companies like OneThird?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back consumer services companies at OneThird's stage. Their profiles are linked below.

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