OnePlan Raises $5.3M Funding To Build Out Digital Venue Tech

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The new funding for OnePlan comes in the same week the UK-based startup partnered with the Paris 2024 Olympic and Paralympic Games to build data-driven ‘digital twins’ of the events’ major competition venues.

As the official supporter of GIS (geographic information system) mapping and digital twin software, OnePlan will provide virtual creations of physical spaces. This will allow Paris 2024’s venue operators to simulate changes or scenarios in real-time, ensuring a more efficient and sustainable planning process.

Digital twins of Paris 2024 venues set to drive efficiency and sustainability

OnePlan has been used by more than 8,000 events and venues in over 100 countries. Premier League and National Basketball Association (NBA) teams and World Triathlon, and the Silverstone motor racing circuit have been among the users.

London-headquartered venture capital trust Pembroke and Silicon Valley-based Eppes Creek initially invested in OnePlan last July. The company is now valued at $58 million, almost 15 times its valuation a year ago.

“It’s an enormous endorsement to have Pembroke and Eppes Creek reinvest based on what they’ve seen in the nine months since their first investment,” said Paul Foster, Founder and Chief Executive of OnePlan.

“Partners like these give us the ability to leap ahead and take on something as big as the Paris 2024 Olympic and Paralympic Games.”