What is ON24?
ON24 is dedicated to empowering businesses to navigate the AI era and achieve cost-effective revenue expansion. Its intelligent engagement platform integrates sophisticated experiences with personalized content, enabling clients to capture and act upon comprehensive insights at scale. The company's mission is to redefine how businesses connect with their audiences, driving measurable results through data-informed strategies. Keywords: ON24, AI, Go-to-Market Strategy, Revenue Growth, Intelligent Engagement Platform, Customer Insights, Digital Transformation, SaaS.
How much funding has ON24 raised?
ON24 has raised a total of $495.4M across 6 funding rounds:
Series A
$6.1M
Series B
$25M
Unspecified
$3.3M
Unspecified
$8M
Private Equity
$25M
Stock Offering
$428M
Series A (1999): $6.1M with participation from Canaan Partners
Series B (2000): $25M led by Greenhouse Fund, U.S Venture partners, and CNET Networks
Unspecified (2004): $3.3M supported by Canaan Partners, US Venture Partners, and Rho Capital Partners
Unspecified (2008): $8M featuring Canaan Partners, US Venture Partners, and Rho Capital Partners
Private Equity (2016): $25M backed by Goldman Sachs
Stock Issuance/Offering (2021): $428M, investors not publicly disclosed
Key Investors in ON24
U.S Venture partners
U.S. Venture Partners (USVP) is a prominent Silicon Valley venture capital firm dedicated to collaborating with entrepreneurs to develop transformative companies. Specializing in early-stage investments, USVP focuses on sectors such as cybersecurity, enterprise software, consumer products, and healthcare.
Canaan Partners
Canaan is an early-stage venture capital firm that invests in technology and healthcare companies, backing founders from seed through growth stages in areas such as enterprise software, fintech, consumer, biopharma, and digital health.
Rho Capital Partners
Rho is a venture capital firm that has been investing in innovation since 1981, focusing on companies at various stages of growth. They partner with inventors, entrepreneurs, and operators to create market-defining businesses while providing strategic value through their extensive experience.
What's next for ON24?
With its recent major strategic investment, ON24 is poised for accelerated growth and innovation. The company is expected to further enhance its AI capabilities, expanding the intelligence of its engagement platform to provide deeper customer insights and more personalized experiences. This capital infusion will likely support strategic initiatives, including market expansion, product development, and strengthening its competitive position in the rapidly evolving MarTech landscape. The focus remains on enabling clients to achieve significant revenue growth through advanced engagement strategies.
See full ON24 company page
