Onehouse

Onehouse

Data lakehouse solution for efficient data management

About Onehouse

Simplify's Rating
Why Onehouse is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Series B

Total Funding

$68M

Headquarters

San Francisco, California

Founded

2021

Overview

Onehouse.ai offers a data lakehouse solution that helps businesses manage and optimize their data efficiently. Their main product is a fully managed service that allows clients to organize various types of data seamlessly, using formats like Apache Hudi, Apache Iceberg, and Delta Lake. This service automates data management tasks such as clustering, compaction, and encryption, making it easier for businesses to handle their data without needing extensive engineering resources. Onehouse.ai stands out from competitors with its usage-based pricing model, which can reduce data management costs by 50% or more compared to traditional cloud data warehouses. The company's goal is to simplify data management for businesses of all sizes, enabling them to scale their data operations while minimizing costs.

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Simplify's Take

What believers are saying

  • Onehouse's Compute Runtime accelerates queries up to 30x, reducing cloud costs significantly.
  • The platform's open-source focus avoids vendor lock-in, ensuring interoperability and flexibility.
  • Recent $35M funding supports further development and expansion of Onehouse's offerings.

What critics are saying

  • Increased competition from major cloud providers like Microsoft and Google threatens market position.
  • Reliance on open-source projects exposes Onehouse to community-driven development risks.
  • Usage-based pricing model may lead to revenue unpredictability if customers minimize usage.

What makes Onehouse unique

  • Onehouse offers a cloud-native managed lakehouse service built on Apache Hudi.
  • The platform supports multiple table formats like Apache Hudi, Iceberg, and Delta Lake.
  • Onehouse provides automated data management, reducing operational burdens for businesses.

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Funding

Total Funding

$68M

Above

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Meet Average

Industry standards

$35M
$35M
Onehouse
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Company Equity

Unlimited Paid Time Off

Paid Sick Leave

Paid Holidays

Remote Work Options

Meal Benefits

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

-4%

2 year growth

5%
Newswire
Jan 17th, 2025
Onehouse Announces Compute Runtime To Accelerate Workloads Across All Leading Cloud Query Engines

Advanced runtime optimizations - delivered centrally on top of open formats - accelerate queries 2x to 30x and slash customer cloud infrastructure bills 20 to 80 percent

VentureBeat
Jan 16th, 2025
Apache Hudi Creator Onehouse Debuts Specialized Runtime Promising 30X Faster Data Lakehouse Queries

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. As organizations store increasing volumes of information in data lakehouses, queries can potentially become slower and more costly.That is a challenge that Onehouse is looking to help solve. The data lakehouse technology vendor is a leading contributor to the open source Apache Hudi and Apache XTable data lake table formats. Today, the company is advancing its vision of a universal data lakehouse with its new Onehouse Compute Runtime (OCR), which offers the promise of queries that are accelerated up to 30X. That speed can potentially lead to dramatic cost savings of up to 80%, according to Onehouse.There are multiple open data lake table formats in use today, including Apache Hudi, Apache Iceberg and Delta Lake

Newswire
Aug 22nd, 2024
Onehouse Launches Vector Embeddings Generator for Managing Vectors at Scale on the Data Lakehouse

Onehouse is launching a vector embeddings generator to automate embeddings pipelines as a part of its managed ELT cloud service.

VentureBeat
Jun 26th, 2024
Onehouse secures $35M to advance open data lakehouse technology

Onehouse is continuing to build out open source Apache Hudi data lake technology, data lake table format interoperability with Apache XTable, alongside the company’s own Universal Data Lakehouse.

SiliconANGLE
Jun 26th, 2024
Onehouse Raises $35M, Launches New Products

Managed data lakehouse company Onehouse Inc. raised $35 million in a Series B funding round, bringing its total funding to $68 million. The company also launched two new products to enhance lakehouse performance and reduce cloud costs. Onehouse, which supports Apache Hudi, Apache Iceberg, and Delta Lake, focuses on openness and interoperability. CEO Vinoth Chandar highlighted the platform's ability to optimize data across Snowflake and Databricks, emphasizing its open and interoperable framework.

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