# Onset Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/onset-technology

- Industry: Telecoms
- Headquarters: Waltham, US
- Website: www.onsettechnology.com
- Total disclosed funding: $3.5M
- Latest round: Series B (Dec 10, 2001)
- Investors on record: 6

## About

Onset Technology delivers innovative technology solutions that enhance operational efficiency and productivity across various sectors, focusing on data management, process automation, and system integration for businesses.Founded in 1997 in Waltham, US, Onset Technology specializes in software solutions that improve business operations. The company has engaged in five investment deals, with the last funding round occurring on September 21, 2010, led by Cedar Fund, raising a total of USD 3.00 mn. The CEO and Founder, Judit Sharon, has a background that reflects her commitment to advancing technology solutions for operational efficiency.Onset Technology specializes in providing innovative technology solutions aimed at enhancing operational efficiency and productivity across various sectors. The company's core offerings include advanced software applications designed for data management, process automation, and system integration. These products cater to businesses looking to streamline their operations, thereby resolving common issues such as data silos and inefficient workflows. Onset Technology targets a diverse clientele, including mid-sized to large enterprises in industries such as healthcare, finance, and logistics. Their solutions are marketed primarily in North America and Europe, with a focus on clients seeking to leverage technology for strategic growth and competitive advantage.The revenue model for Onset Technology is structured around subscription-based services, allowing clients to access their software solutions through tiered pricing plans tailored to different usage levels. Each plan is designed to accommodate varying degrees of user needs, facilitating businesses to choose options that best fit their operational requirements. Transactions typically occur directly between Onset Technology and its clients, with agreements that may include annual subscriptions or multi-year contracts depending on the services selected. The company’s flagship products, which are integral to their revenue streams, include proprietary software suites that offer comprehensive functionalities for data analysis and automation, reinforcing their commitment to delivering value to their customer base.Onset Technology plans to leverage its recent funding of USD 3.00 mn from its latest investment round to develop upcoming software products aimed at improving operational efficiencies. The company is also looking to expand its market reach into new geographic regions, particularly targeting industries in Europe and Asia by the end of 2011. The funding will support these initiatives, enabling Onset Technology to enhance its product offerings and strengthen its presence in these markets.

## Funding rounds

- Series B, Dec 10, 2001, $3.5M — Intel Capital, Challenge Fund, FLV Management, Hapoalim Electronic Communications Fund, Hollinger Digital, MAG Ventures

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B
- Challenge Fund (https://capitalatlas.ai/funds/challenge-fund) — Series B
- FLV Management (https://capitalatlas.ai/funds/flv-management) — Series B
- Hapoalim Electronic Communications Fund — Series B
- Hollinger Digital — Series B
- MAG Ventures — Series B