Foley & Lardner LLP represented Riverwood Capital, a leading global investor in high-growth technology companies, as the lead investor in the $41 million growth funding round for One Model.
One Model is a premier people analytics software company that provides organizations with state-of-the-art solutions to harness the power of their workforce data. The company’s flagship products, the People Data Cloud™ and One AI, offer advanced analytics capabilities and unparalleled data orchestration to help businesses make data-driven decisions, optimize talent strategies, and facilitate business success. With a strong emphasis on innovation, customer success, and strategic partnerships, One Model is at the forefront of transforming the way organizations utilize people analytics.
Riverwood Capital invests in high-growth companies in the technology and technology-enabled industries. Riverwood offers a unique combination of operational, strategic, technology, and financial insight to portfolio companies that typically need growth capital and expertise to scale on a global basis. The firm seeks to invest in established businesses with a proven technology and business model, and the proper fit in terms of culture and values. Riverwood was founded in 2008 and has had the opportunity to invest in and support over 70 companies since inception, which have grown revenues at 46% per year on average during that period.
The funding will accelerate the development of two core technology solutions within One Model’s portfolio. The first is the People Data Cloud™, a pioneering workforce data orchestration platform designed to provide enterprises with superior analytics capabilities. The People Data Cloud™ allows organizations to utilize the full potential of their workforce data, garner actionable insights, and make data-informed decisions that drive business success.
The Foley team was led by partners Louis Lehot and Brandee Diamond and included partners Rishi Sodhi, Steve Millendorf, Carrie Hoffman, Mike Overly, and Christopher Swift, as well as associates Ashley Lee and Trevor Mullin.
Foley’s Venture & Growth Capital attorneys understand the complex and diverse needs of both venture funds and their portfolio companies and offer a broad range of services at each stage of development. The attorneys have insight into the unique needs of high-growth companies operating in the technology, life science, smart manufacturing, and clean energy sectors.
