Onsi
Latest round
- Seed
Last raised
- Nov 2022
Total raised
- $3.7M
Investors
- 4
About Onsi
Collective Society Ltd.Founded in 2019 and headquartered in London, UK, Collective Society Ltd. focuses on providing flexible worker benefits.Onsi offers a comprehensive suite of flexible worker benefits designed to enhance the financial security and engagement of shift workers. Their core offerings include Onsi Pay, which provides workers with on-demand access to their earned wages, allowing them to retrieve funds whenever necessary; Onsi Reward, a customizable rewards program that includes incentives like fuel vouchers and bonuses for night shifts; and Onsi Protect, an insurance product that covers workers during periods of illness or accidents. These services aim to address the unique challenges faced by on-demand and gig economy workers, assisting companies in attracting and retaining talent during peak seasons.The revenue model of Onsi is built around transactions related to their core services, which include on-demand pay, flexible rewards, and insurance solutions. Clients, primarily businesses employing shift workers, partner with Onsi to implement these benefit programs, generating revenue from service fees associated with pay drawdowns, reward distributions, and insurance premiums. Businesses may subscribe to Onsi's platform to manage their workforce benefits, paying a fee per worker for access to Onsi Pay and Onsi Reward programs. Additionally, Onsi Protect may involve a tiered pricing structure based on the coverage selected by the employer.In November 2024, Collective Society Ltd. Future initiatives include designing new products and targeting expansion into new markets, particularly within the UK and EU regions, to capitalize on the increasing demand for flexible workforce solutions.
Who invested in Onsi
4 investors across 2 rounds
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Questions about Onsi
Who invested in Onsi?
Onsi has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Onsi raised?
Onsi has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Onsi last raise money?
Onsi's most recent round on record is a Seed, in Nov 2022.
What does Onsi do?
Onsi is a insurance company.
Where is Onsi headquartered?
Onsi is headquartered in London, UK.
Which VCs invest in companies like Onsi?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back insurance companies at Onsi's stage. Their profiles are linked below.
VCs backing insurance startups at Seed
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