OneStream, Inc. Files for IPO

TL;DR

OneStream just filed for IPO, get ready for some software stock!

AI Summary

OneStream, Inc., a prepackaged software company, filed an S-1 registration statement with the SEC on June 28, 2024, indicating its intent to go public. The company, incorporated in Delaware, has its principal executive offices located at 191 N. Chester Street, Birmingham, Michigan. Thomas Shea serves as the Chief Executive Officer.

Why It Matters

This S-1 filing signals OneStream's intention to become a publicly traded company, which could provide it with capital for growth and increase its visibility in the market.

Risk Assessment

Risk Level: medium — As a pre-IPO company, OneStream faces inherent risks associated with market volatility, competition, and the execution of its business strategy.

Key Numbers

• 333-280573 — SEC File Number (Identifies this specific registration statement)

Key Players & Entities

• OneStream, Inc. (company) — Registrant
• June 28, 2024 (date) — Filing Date
• Thomas Shea (person) — Chief Executive Officer
• Delaware (jurisdiction) — State of Incorporation
• 7372 (industry_code) — Standard Industrial Classification Code

FAQ

Key Financial Figures

• $245.5 million — 2022 and 2023, our software revenue was $245.5 million and $343.4 million, respectively, repre
• $343.4 m — software revenue was $245.5 million and $343.4 million, respectively, representing year-
• $335.9 million — ar-over-year growth of 40%. Our ARR was $335.9 million and $460.4 million as of December 31, 2
• $460.4 million — of 40%. Our ARR was $335.9 million and $460.4 million as of December 31, 2022 and 2023, respe
• $65.5 million — 2022 to 2023. We incurred net losses of $65.5 million and $28.9 million in 2022 and 2023, res
• $28.9 million — ncurred net losses of $65.5 million and $28.9 million in 2022 and 2023, respectively, represe
• $70.9 million — 2023 and 2024, our software revenue was $70.9 million and $101.9 million, respectively, repre
• $101.9 m — software revenue was $70.9 million and $101.9 million, respectively, representing year-
• $358.4 million — ar-over-year growth of 44%. Our ARR was $358.4 million and $480.0 million as of March 31, 2023
• $480.0 million — of 44%. Our ARR was $358.4 million and $480.0 million as of March 31, 2023 and 2024, respecti
• $23.1 million — same period. We incurred net losses of $23.1 million and $5.0 million in the three months en
• $5.0 million — ncurred net losses of $23.1 million and $5.0 million in the three months ended March 31, 202

Filing Documents

• onestream_s-1_ipo.htm (S-1) — 5777KB
• ck0001889956-ex4_1.htm (EX-4.1) — 6KB
• ck0001889956-ex10_5.htm (EX-10.5) — 380KB
• ck0001889956-ex10_8.htm (EX-10.8) — 95KB
• ck0001889956-ex10_10.htm (EX-10.10) — 44KB
• ck0001889956-ex10_11.htm (EX-10.11) — 45KB
• ck0001889956-ex10_12.htm (EX-10.12) — 45KB
• ck0001889956-ex10_13.htm (EX-10.13) — 162KB
• ck0001889956-ex10_14.htm (EX-10.14) — 3639KB
• ck0001889956-ex21_1.htm (EX-21.1) — 16KB
• ck0001889956-ex23_1.htm (EX-23.1) — 3KB
• ck0001889956-ex23_2.htm (EX-23.2) — 3KB
• ck0001889956-exfiling_fees.htm (EX-FILING FEES) — 29KB
• img241721891_0.jpg (GRAPHIC) — 660KB
• img241721891_1.jpg (GRAPHIC) — 250KB
• img265876327_0.jpg (GRAPHIC) — 16KB
• img265876327_1.jpg (GRAPHIC) — 77KB
• img265876327_2.jpg (GRAPHIC) — 147KB
• img265876327_3.jpg (GRAPHIC) — 99KB
• img265876327_4.jpg (GRAPHIC) — 76KB
• img265876327_5.jpg (GRAPHIC) — 161KB
• img265876327_6.jpg (GRAPHIC) — 236KB
• img265876327_7.jpg (GRAPHIC) — 161KB
• img265876327_8.jpg (GRAPHIC) — 236KB
• img265876327_9.jpg (GRAPHIC) — 1466KB
• img265876327_10.jpg (GRAPHIC) — 58KB
• 0000950170-24-079050.txt ( ) — 15092KB

Risk Factors

Risk Factors 30 Management 156 Special Note Regarding Forward-Looking 75

Executive Compensation

Executive Compensation 166 Certain Relationships and Related Party Transactions 182 Market, Industry and Other Data 77 Organizational Structure 78 Principal and Selling Stockholders 190

Use of Proceeds

Use of Proceeds 85

Description of Capital Stock

Description of Capital Stock 193 Dividend Policy 86 Shares Eligible for Future Sale 203 Capitalization 87 Material U.S. Federal Income Tax

Dilution

Dilution 89 Considerations For Non-U.S. Holders of Unaudited Pro Forma Consolidated Financial Our Class A Common Stock 206 Information 92 Underwriters (Conflicts of Interest) 210 Management’s Discussion and Analysis of Legal Matters 225 Financial Condition and Results of Operations 102 Experts 225 Letter from Thomas Shea, Our Co-Founder and CEO 130 Where You Can Find Additional Information 225 Index to Financial Statements F- 1 Through and including , 2024 (the 25th day after the date of this prospectus), all dealers effecting transactions in these securities, whether or not participating in this offering, may be required to deliver a prospectus. This is in addition to a dealer’s obligation to deliver a prospectus when acting as an underwriter and with respect to an unsold allotment or subscription. Neither we, the selling stockholders nor any of the underwriters have authorized anyone to provide you with information that is different than the information contained in this prospectus and any free writing prospectus prepared by or on behalf of us or to which we have referred you. Neither we, the selling stockholders nor the underwriters take any responsibility for, and cannot provide any assurance as to the reliability of, any other information that others may give you. The information contained in this prospectus or in any applicable free writing prospectus is accurate only as of the date of this prospectus or such free writing prospectus, as applicable, regardless of the time of delivery of this prospectus or any such free writing prospectus or of any sale of the securities offered hereby. Our business, operating results, financial condition and prospects may have changed since that date. This prospectus is an offer to sell only the securities offered hereby and only under circumstances and in jurisdictions where it is lawful to do so. Neither we, the selling stockholders nor any of the underwriters

View Full Filing

View this S-1 filing on SEC EDGAR