Tech Company Financing Transactions
Openly Funding Round
On 11/27/2019, Openly raised $7.7 million in Seed funding from Gradient Ventures and private investors.
Transaction Overview
Company Name
Announced On
11/27/2019
Transaction Type
Venture Equity
Amount
$7,650,000
Round
Seed
Investors
Gradient Ventures (Lead Investor) (Zachary Bratun-Glennon)
Proceeds Purpose
With the new capital, Openly plans to expand at a rapid speed by adding Massachusetts, Pennsylvania and Tennessee in the next few months, along with four additional states in the near future.
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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