Onum Secures $28 Million in Series A

by Kay Aloha Villamor in April 11th, 2024

Onum, a Madrid, Spain-based startup which gives companies control over their data, costs, and performance, has secured $28 million in a Series A funding.


The round was led by Dawn Capital, with contributions from Kibo Ventures and Insight Partners. 

Dawn is an early-stage investor, backing companies from Seed to Series A and B, and continuing to fund top performers through growth rounds to exit. Founded in London in 2007, Dawn has raised over $2 billion and backed 80+ companies.  

Onum Use of Funds 

The company will use the funding to hire top talent for teams in Spain and the United States, accelerate product development, and fuel expansion into the U.S. market. 

About Onum 

Onum, launched in 2023 by Pedro Castillo, provides a data observability and orchestration platform. It helps organizations of all sizes by removing noise from their data, leaving behind the meaningful part. Onum enables enterprises to have complete control over their data, including real-time observation, filtering, enrichment, and orchestration. With Onum, its customers have the context they need to make timely, informed decisions regarding their cybersecurity, network performance, and infrastructure management by reducing costs and optimizing their current data storage and analytics platforms. 

Funding Details 

Company: Onum, Inc.

Raised: $28.0M 

Round: Series A 

Funding Month: April 2024 

Lead Investor: Dawn Capital 

Additional Investors: Kibo Ventures, Insight Partners 

Company Website: https://onum.com/ 

Software Category: Data Observability and Orchestration 

Source: https://www.globenewswire.com/news-release/2024/04/10/2860681/0/en/Onum-raises-28M-to-help-businesses-extract-more-value-from-their-data-at-lower-costs.html 

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