How Much Did OnHand Raise?
Funding & Key Investors

OnHand, a prominent UK-based platform dedicated to social impact and community support, has successfully secured a major strategic investment to accelerate its operational footprint. This latest capital injection, totaling $4M, underscores the market's growing confidence in the company's unique volunteer-matching model. With a cumulative financial backing of $5.4M, the organization is well-positioned to scale its enterprise-level solutions, bridging the gap between corporate social responsibility initiatives and the urgent needs of older adults across the United Kingdom.

The funding trajectory reflects a clear growth narrative, beginning with initial support in 2021 and culminating in this recent, significant financing round. By leveraging this influx of capital, OnHand continues to refine its technological infrastructure, ensuring that its platform remains a robust, scalable solution for organizations seeking to foster meaningful community engagement.

What is OnHand?

OnHand
SoftwareHuman Resources SoftwareBusiness Services

Founded in 2019, OnHand operates at the intersection of social enterprise and digital innovation. The company provides a sophisticated platform that facilitates the connection between volunteers and older adults requiring assistance with everyday tasks. By digitizing the volunteer experience, OnHand enables businesses to integrate social impact directly into their corporate culture, effectively transforming how organizations approach community outreach and employee engagement. The platform's market position is defined by its ability to deliver measurable social value while maintaining a user-friendly, tech-forward interface that appeals to modern enterprise clients.

How much funding has OnHand raised?

OnHand has raised a total of $5.4M across 2 funding rounds:

2021

Unspecified

$1.4M

2023

Other Financing Round

$4M

Unspecified (2021): $1.4M with participation from Dhiraj Mukherjee and Northstar Ventures

Other Financing Round (2023): $4M led by Northstar Ventures, 24Haymarket, and UK Research & Innovation

Key Investors in OnHand

Dhiraj Mukherjee

Dhiraj Mukherjee is a seasoned co-founder and investor known for his early-stage support of transformative companies like Shazam and OpenAI, offering deep expertise in digital transformation and sustainable business models.

Northstar Ventures

Northstar Ventures is a specialized venture capital firm focused on high-growth, innovative businesses in the North East of England, providing critical early-stage capital and strategic guidance.

24Haymarket

24Haymarket is a London-based private network of experienced investors and operators that partners with exceptional entrepreneurs to provide both capital investment and operational support.

What's next for OnHand?

With the successful closure of this major strategic investment, OnHand is poised to enter a new phase of expansion. The company's strategic roadmap likely involves deepening its penetration within the UK enterprise sector, enhancing its proprietary matching algorithms, and potentially exploring new geographic markets where social isolation among older populations remains a critical challenge. By maintaining its focus on scalable, high-impact solutions, OnHand is set to solidify its role as a leader in the social technology space, leveraging its recent capital to drive long-term sustainability and broader societal influence.

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Frequently Asked Questions Regarding OnHand Financial Insights

What are the most recent funding rounds that OnHand has completed, and what were the funding rounds?
OnHand has recently completed 2 funding rounds: Other Financing Round on Jan 25, 2023, Unspecified on Jun 17, 2021.
What is the total amount of funding OnHand has raised to date?
OnHand has raised a total of $5.4M in funding to date.
How many funding rounds has OnHand completed?
OnHand has completed 2 funding rounds.
How much funding did OnHand raise in its most recent funding round?
OnHand raised $4M in its most recent funding round.
Who are the lead investors in OnHand's latest funding round?
The lead investor in OnHand's latest funding round was Northstar Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in OnHand's history?
The largest funding round in OnHand's history was $4M.
See more information about OnHand