Venture Capital News: OneDay Pulls In $19M Series B Financing
DALLAS, TX, OneDay today announced the closing of its $19 million Series B funding round.
OneDay, a software-as-a-service (SaaS) company that empowers businesses to drive revenue growth and customer engagement using video storytelling technology, today announced the closing of its $19 million Series B funding round. The round was led by Volition Capital, a Boston-based growth equity firm that invests in high-growth, founder-owned companies across the software, Internet, and consumer sectors. Silverton Partners, who led OneDay's Series A round, also participated in this round. The investment will be used to accelerate OneDay's growth with key hires, market expansion, and continued investment in building best-in-class technology to empower businesses to leverage video to drive growth and engagement. OneDay's total capital raised to date is $25 million.
Headquartered in Dallas, TX, OneDay is a technology company whose mission is to empower engagement through their innovative video storytelling platforms that capture and record high-quality video in seconds. Its first product, which launched in 2017, allows senior living communities to celebrate and digitally preserve the stories of their residents by leveraging first-of-its-kind, world-class technology. The company currently partners with nearly 5,000 senior living communities across the U.S., U.K, and Canada. OneDay expanded to the multifamily industry with Convey by OneDay, applying their success with video storytelling from OneDay for Senior Living. The company also serves the funeral industry with Reflect by OneDay. OneDay was named one of Inc.'s Best Workplaces of 2020.
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