OnSource

Braintree, United States Founded: 2011 • Age: 15 yrs Acquired By Genpact
Vehicle and property photo inspections via smart phone apps for claims handling
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About OnSource

OnSource is a company based in Braintree (United States) founded in 2011 was acquired by Genpact in August 2017.. OnSource has raised $2.25 million across 1 funding round from investors including Genpact and Greybull Stewardship. OnSource operates in a competitive market with competitors including SafetyCulture, Tractable, asTech, Deepomatic and Jidoka, among others.

  • Headquarter Braintree, United States
  • Sectors
    Technology
    Financial Services Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Onsource, Llc
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Financial Services → FinTech & Digital Finance
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.25 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.25 M (USD), Series A

    Apr 13, 2015

  • Investors
    Genpact

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Genpact

    (Aug 02, 2017)

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Funding Insights of OnSource

OnSource has successfully raised a total of $2.25M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.25 million completed in April 2015. 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 Rounds 1
  • Last Round Series A — $2.2M
  • First Round

    (13 Apr 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2015 Amount Series A - OnSource Valuation Greybull Stewardship
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in OnSource

OnSource has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Genpact and Greybull Stewardship. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Smaller businesses are identified for private equity investments through networks.
Founded Year Domain Location
Provider of end-to-end business process outsourcing services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by OnSource

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - OnSource

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Onsource Comparisons

Employees
+
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Competitors of OnSource

OnSource 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 SafetyCulture, Tractable, asTech, Deepomatic and Jidoka, 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
domain founded_year HQ Location
Digital workplace safety tools for inspections and audits are provided.
domain founded_year HQ Location
Provider of AI-based vehicle inspection solutions for insurers and the automotive industry
domain founded_year HQ Location
Cloud-based inspections are delivered for automotive repair diagnostics.
domain founded_year HQ Location
AI-based visual automation is delivered for field operations.
domain founded_year HQ Location
Autonomous AI vision solutions are provided for inspection and optimization.
domain founded_year HQ Location
AI-powered automated vehicle inspection systems are provided for various industries.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Onsource

Frequently Asked Questions about OnSource

When was OnSource founded?

OnSource was founded in 2011 and raised its 1st funding round 4 years after it was founded.

Where is OnSource located?

OnSource is headquartered in Braintree, United States. It is registered at Braintree, Massachusetts, United States.

Is OnSource a funded company?

OnSource is a funded company, having raised a total of $2.25M across 1 funding round to date. The company's 1st funding round was a Series A of $2.25M, raised on Apr 13, 2015.

What does OnSource do?

OnSource was founded in 2011 and is headquartered in Braintree, United States. A platform is operated in the insurance sector to connect companies with third-party inspections of vehicles and properties. Services include self-serve smartphone apps for auto and property assessments, supported by a network of photo inspectors. Real-time photo and video streaming technology is integrated to facilitate claims handling processes.

Who are the top competitors of OnSource?

OnSource's top competitors include SafetyCulture, Deepomatic and Tractable.

Who are OnSource's investors?

OnSource has 2 investors. Key investors include Genpact, and Greybull Stewardship.

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