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
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
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
Openly LinkedIn Company Profile
Social Media
Openly Company Twitter Account
Company News
Openly News
Facebook
Openly on Facebook
YouTube
Openly on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ty Harris
  Ty Harris LinkedIn Profile  Ty Harris Twitter Account  Ty Harris News  Ty Harris on Facebook
Chief Technical Officer
Matthew Wielbut
  Matthew Wielbut LinkedIn Profile  Matthew Wielbut Twitter Account  Matthew Wielbut News  Matthew Wielbut on Facebook


 

 

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Prev: 6/21/2022: Idoven venture capital transaction
Next: 6/21/2022: mpathic venture capital transaction

 

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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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