About Eon
Eon is a company based in New York (United States) founded in 2024 by Gonen Stein, Ron Kimchi, and Ofir Ehrlich. It operates as a SaaS (Software-as-a-Service), and Pay-per-Use / Usage-Based. Eon has raised $497 million across 5 funding rounds from investors including Lightspeed Venture Partners, Eight Roads Ventures and BOND. Eon offers products and services including Eon Platform, Cost Explorer, and Ransomware Protection. Eon operates in a competitive market with competitors including Acronis, Veeam, Rubrik, Cohesity and AvePoint, among others.
- Headquarter New York, United States
- Founders Gonen Stein, Ron Kimchi, Ofir Ehrlich
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Eon Io, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$497 M (USD)
in 5 rounds
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Latest Funding Round
$300 M (USD), Series D
Dec 02, 2025
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Investors
Lightspeed Venture Partners
& 11 more
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Employee Count
Employee Count
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Products & Services of Eon
Eon offers a comprehensive portfolio of products and services, including Eon Platform, Cost Explorer, and Ransomware Protection. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud backups are transformed into strategic, accessible assets.
Backup spend visibility is provided across multiple clouds.
Cloud environments are protected with purpose-built ransomware solutions.
Unlock access to complete
Funding Insights of Eon
Eon has successfully raised a total of $497M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $300 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series D — $300.0M
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First Round
First Round
(01 Jan 2024)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series D - Eon | Valuation | Elad Gil | |
| Nov, 2024 | Amount | Series C - Eon | Valuation | Bond Capital | |
| Oct, 2024 | Amount | Series B - Eon | Valuation | Greenoaks |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Eon
Eon has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include Lightspeed Venture Partners, Eight Roads Ventures and BOND. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in multiple sectors are made by Bond Capital.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Tech-enabled businesses are funded by Greenoaks venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Eon
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Eon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eon Comparisons
Competitors of Eon
Eon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Acronis, Veeam, Rubrik, Cohesity and AvePoint, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based enterprise management solutions including backup and recovery are provided.
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| domain | founded_year | HQ Location |
IT backup and recovery solutions are provided via cloud platform.
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| domain | founded_year | HQ Location |
Converged data management solutions are provided for backup and recovery.
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| domain | founded_year | HQ Location |
Cloud and AI based enterprise data backup and management solutions
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| domain | founded_year | HQ Location |
Cloud based platform offering data backup and recovery solutions
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| domain | founded_year | HQ Location |
Cloud-based business continuity and disaster recovery solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Eon
Frequently Asked Questions about Eon
When was Eon founded?
Eon was founded in 2024.
Where is Eon located?
Eon is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Eon?
Ofir Ehrlich is the current CEO of Eon. They have also founded this company.
Is Eon a funded company?
Eon is a funded company, having raised a total of $497M across 5 funding rounds to date. The company's 1st funding round was a Series B of $77M, raised on Jan 01, 2024.
What does Eon do?
Cloud backups are managed and transformed into live, strategic assets by Eon. Operations are automated to ensure cost-efficiency and compliance across multiple cloud providers like AWS, Azure, and Google Cloud. Solutions are provided for backup posture management, ransomware protection, and granular data restoration. Data access is simplified through global search and live data lakes, enabling quick recovery and analytics. The platform is designed to support enterprises in maintaining secure, compliant, and reliable cloud environments.
What products or services does Eon offer?
Eon offers Eon Platform, Cost Explorer, and Ransomware Protection.
Who are Eon's investors?
Eon has 12 investors. Key investors include Lightspeed Venture Partners, Eight Roads Ventures, BOND, Sequoia Capital, and Greenoaks.