Dawn Capital leads a $28 million Series A investment in Onum, a Madrid-based platform revolutionizing data management by enabling enterprises to effectively filter valuable information from vast datasets.

Information on the Target

Onum, co-founded by Pedro Castillo, Lucas Varela, and Pedro Tortosa in early 2023, is a cutting-edge data observability platform based in Madrid. The company emerged from the founders' firsthand experiences with the overwhelming challenges businesses face due to the exponential growth of data. Onum aims to empower enterprises to optimize their data management practices by providing tools that help discern valuable information amidst a vast array of data.

The platform's innovative design allows organizations to reduce costs associated with data management while uncovering insights that were previously obscured. As a testament to its effectiveness, several clients in diverse sectors, including banking and telecommunications, have reportedly cut their data management expenses by up to 80% shortly after implementing Onum's solution.

Industry Overview in Spain

Spain's data management industry has experienced significant transformation in recent years, largely due to the explosive growth of digital technologies. Companies are now inundated with data from various sourc