Oneflow is all about making digital contract management and automation a breeze. We think the way contracts are handled today – with lots of manual work and dealing with paper or digital files – eats up way too much time and resources. Plus, it’s super prone to human error.
Our SaaS platform lets companies manage contracts from start to finish in one digital place, automating and streamlining the whole process. Here’s a look at how we got to where we are today, starting from the very beginning.
2012: The beginning of Oneflow story
Oneflow was born in 2012, thanks to the combined vision of Anders Hamnes, CTO Karl Moodh, and system architect Fredrik Rinman. They saw a world bogged down by inefficient contract management and believed they could change that with contract intelligence. With the goal of creating a digital hub for everything contract-related, they set out to transform the industry. Their mission was clear: to replace outdated manual processes with a seamless, automated system that would save time, reduce errors, and simplify the entire lifecycle of contract management.
Read also: How Oneflow can help improve your recruitment processes?
2013-2016: Building the dream
The first few years were all about getting the platform just right. A lot of hard work and dedication went into creating the foundations of what Oneflow would become. By the end of 2014, their efforts had paid off, and we launched our product. The launch was a pivotal moment, but it was just the beginning.
In 2015, we gained our first major clients, a clear sign that our vision was resonating with the market. Around the same time, Lars Appelstål joined us as an investor and Chairman of the Board, bringing valuable experience and insights to the table. His involvement marked a significant milestone, helping to steer the company towards further growth and success.
The momentum continued into 2016 when Bengt Nilsson and Johan Borendal came on board as investors and board members. Their support and expertise were instrumental in helping us refine and enhance our platform even more. During these formative years, we focused heavily on product development, always with an eye on creating the most efficient, user-friendly digital contract management solution possible.
2017-2020: Scaling up
By 2017, we were ready to take things to the next level. We shifted gears to ramp up our sales and marketing efforts, broadening our reach and making sure more businesses knew about the advantages of using Oneflow. This renewed focus on growth paid off, with our net sales reaching SEK 4.4 million. This period marked the beginning of our transition from a promising startup to a serious player in the contract management space.
From 2018 to 2020, we secured several rounds of private investments to fuel our expansion. These investments were crucial, allowing us to scale our operations and continue improving our platform. During this time, we welcomed partners like Spintop Ventures and Mattias Ståhlgren into the fold. Their support not only provided us with the necessary capital but also brought new perspectives and expertise to help drive our growth.
2019 was a particularly significant year as we began our international journey. We opened our first office outside of Sweden, setting up shop in Norway. This move marked the start of our efforts to bring Oneflow to a broader audience. Later that year, we also opened an office in Denmark. However, the global pandemic forced us to close this office in 2020. Despite this setback, we continued to push forward, adapting to the challenges posed by the pandemic and focusing on our core strengths.
2021: Going global
2021 was a year of major milestones for Oneflow. Our focus on international expansion intensified, and we made significant strides in broadening our presence. We opened an office in Finland, marking another step in our journey to becoming a global leader in digital contract management. Alongside our physical expansion, we launched a major sales initiative targeting new markets, with the Netherlands being a key focus.
Our strategy during this period was clear: strengthen our position in existing markets while exploring new opportunities. This dual approach allowed us to build on our successes and leverage our growing reputation to enter new territories. We continued to innovate and enhance our platform, ensuring that it remained at the forefront of the industry and met the evolving needs of our clients.
Read also: Why Oneflow is a contract platform for everyone
2022: Hitting the big time in the history of Oneflow
On April 8th, 2022, we achieved a significant milestone by going public. Our first day of trading on the Nasdaq First North Premier Growth Market was a momentous occasion for everyone at Oneflow. This transition to a publicly listed company marked a new chapter in our journey, opening up new opportunities for growth and expansion.
CEO and founder Anders Hamnes shared his excitement on this landmark day:
“The first day of trading in our shares is a huge milestone for Oneflow. We’re thrilled with the interest we’ve received from nearly 4,000 subscription applications and respected institutions. We can’t wait to speed up our expansion, keep innovating our platform, and make contract management faster, easier, safer, and truly digital. Welcome to all our new shareholders!”
Lars Appelstål, Chairman of the Board, echoed these sentiments, highlighting the bright future ahead:
“Today marks a big step for our continued European expansion and growth. I’m excited to work with the board, management, and employees to keep developing this amazing business as a public company and help more firms go digital with their contract management.”
Looking ahead
As we look to the future, our mission remains the same: to revolutionize contract management through cutting-edge technology and innovation. We are committed to expanding our international footprint, entering new markets, and continuing to enhance our platform to meet the needs of businesses around the world. Our journey from a small startup to a publicly traded company is a testament to the hard work, dedication, and vision of our team. We are excited for what lies ahead and are ready to take on new challenges, always striving to make contract management easier, faster, and more efficient for our clients.
To wrap things up
Oneflow’s story is one of innovation, perseverance, and growth. From our humble beginnings in 2012 to our current status as a public company, we have always stayed true to our core mission: moving businesses from friction to flow. We believe that the best is yet to come and are excited to continue our journey, helping businesses everywhere streamline their contract processes and embrace the future of digital contract management.
