
Blue Onion Labs
Modernizing Order-to-Cash Reconciliation.
Date | Investors | Amount | Round |
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investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
* | $10.0m | Series A | |
Total Funding | 000k |
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Blue Onion Labs offers a data platform for finance teams in the e-commerce and retail sectors. The company's main product, the Blue Onion Data Hub, automates the collection, cleaning, and analysis of sales data, providing audit-ready information. This helps to eliminate manual reconciliations of orders and provides greater visibility into revenue and cash transactions.
The platform offers features like automated order-to-cash reconciliation, fulfillment data accuracy, and automated COGS reporting, particularly for companies using Netsuite. It also supports reconciliation for returns, exchanges, and upsells. By centralizing and transforming data, Blue Onion aims to improve financial forecasting and sales analytics for its clients.
The business model appears to be Software as a Service (SaaS), targeting finance departments of e-commerce companies. It helps them to save time and resources by streamlining their financial operations, allowing them to focus on more strategic tasks.
Keywords: financial data, e-commerce finance, order-to-cash, reconciliation, COGS reporting, sales data, data automation, financial operations, Netsuite integration, retail finance.