- Singapore startup buys businesses from retiring owners
- Employees become co-owners through innovative ownership model
- Company secured $2.6M to transform local SMEs into global players
The Next Chapter
A new player emerges in Singapore’s SME landscape. Oneteam, a forward-thinking startup, has secured $2.6M in seed funding, led by Wavemaker Partners, to revolutionize small business succession planning.
Business Rescue Mission
Singapore’s vibrant SME sector faces a looming challenge – retiring business owners without succession plans. Enter Oneteam, which acquires these businesses, preserves jobs, then transforms them into employee-owned enterprises through stock incentives and profit-sharing programs.
Growth Blueprint
The fresh capital will fuel Oneteam’s ambitious strategy. The company plans to allocate 70% toward SME acquisitions, investing the remainder in team development and infrastructure.
Through digital solutions and specialized training, Oneteam aims to elevate local businesses into global enterprises.
