Tech Company Financing Transactions
Openly Funding Round
Openly, based in Boston, received $75 million from Advance Venture Partners, Clocktower Technology Ventures and Gradient Ventures.
Transaction Overview
Company Name
Announced On
6/21/2022
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to expand its home insurance product to more states and agencies, and to continue enhancing its technology and insurance product offering.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
131 Dartmouth St.
Boston, MA 02116
USA
Boston, MA 02116
USA
Phone
Website
Email Address
Overview
Openly is working to modernize and simplify insurance. Our products and services are unique in the industry and give customers more complete protection. Openly's founders, Ty Harris and Matt Wielbut, bring world-class expertise across both insurance and technology, giving them unique insight into what is possible.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ty Harris
Chief Technical Officer
Matthew Wielbut
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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