How Much Did Blue Onion Raise? Funding & Key Investors

Date August 18, 2025
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Blue Onion

COMPANY INFO

Blue Onion, officially known as Blue Onion Labs, was founded in 2020 by Lyndsey Bunting (CEO), Charley McMillan (CTO), and Manav Malhotra (Chief Data Scientist). The company has between 11 and 50 employees and operates in the software development and financial technology industry. Blue Onion provides cutting-edge, data-driven software that helps modern finance and accounting teams automate and solve complex data challenges using machine learning, enabling them to eliminate manual data processing and focus on impactful work. Their website is https://www.blueonion.ai.

How Much Did Blue Onion Labs Inc. Raise? Funding & Rounds and Investors

Blue Onion Labs Inc. is a New York-based software company founded in 2020 by Lyndsey Bunting (CEO), Charley McMillan (CTO), and Manav Malhotra (Chief Data Scientist). Operating in the finance and accounting software space, Blue Onion Labs delivers advanced, data-driven solutions to help finance teams automate and address complex financial data challenges using machine learning. With between 11 and 50 employees, the company’s cutting-edge platform enables clients to eliminate manual data processing and focus on impactful, strategic work.

Blue Onion Labs Inc. funding history reflects a strong trajectory for a growth-focused fintech startup. Since its founding, Blue Onion Labs has raised a total of $17.6 million over two funding rounds. This includes a seed round for building its foundational platform and a significant Series A round aimed at advancing its AI capabilities and market presence. The company’s funding approach has centered on high-profile venture partnerships, supporting technological innovation and scaling go-to-market initiatives.

Funding Rounds

Series A - $10M - 2025-04-16

The Series A funding round was primarily secured to expand Blue Onion Labs Inc.’s AI-driven features, broaden integrations, support additional financial account types, and invest in strategic partnerships, events, and customer education.

Seed - $150K - 2020-08-27

The seed round enabled the initial launch of Blue Onion Labs Inc.’s platform, laying the groundwork for its data automation and reconciliation technologies.

Key Investors

Viola FinTech

Viola FinTech led Blue Onion Labs Inc.’s Series A round, providing major venture capital to accelerate the company’s AI enhancements, integrations, and broader go-to-market strategies.

Y Combinator

As the lead investor during the seed funding round, Y Combinator played a pivotal role in the initial growth and launch of Blue Onion Labs Inc. Y Combinator is renowned for nurturing next-generation tech startups through funding and mentorship.

Entrée Capital

Entrée Capital is a global venture capital firm supporting technology-driven innovation. Their investment in Blue Onion Labs Inc. underscores confidence in the company's machine learning and automation-driven solutions.

Green Visor Capital

Green Visor Capital specializes in fintech investments, supporting Blue Onion Labs Inc.’s mission to modernize finance and accounting operations through smarter automation.

Vinyl Capital

Vinyl Capital is a venture capital firm focused on early-stage technology startups, providing capital and strategic support to Blue Onion Labs Inc. throughout its growth phase.

Halogen Ventures

Halogen Ventures backs women-led businesses across technology sectors. Their investment supports Blue Onion Labs Inc.’s vision for disrupting accounting workflows.

Oracle NetSuite

Oracle NetSuite brings deep enterprise software industry expertise, aiding Blue Onion Labs Inc. in forging strategic alliances and enabling seamless financial integrations.

RTP Global

RTP Global is an international venture capital firm known for backing innovative, high-growth technology companies and providing ongoing support to Blue Onion Labs Inc.

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