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InsurTech

Openly

Openly raises $193M Series at $1.1B valuation

Boston, MAFebruary 5, 20251 min read
Total Raised
$193M
Valuation
$1.1B
Latest Round
Series
Employees
300+

Openly: Series Funding Round

Openly has successfully raised $193M in Series funding, reaching a valuation of $1.1B.

Company Overview

Tech-enabled home insurance services provider

Funding Details

The Series round was led by Obvious Ventures, with participation from Gradient Ventures.

Company Information

  • Headquarters: Boston, MA
  • Founded: 2017
  • Employees: 300+
  • Category: InsurTech

Investment

Openly plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Obvious Ventures: Verified investor in Series
  • Gradient Ventures: Verified investor in Series

Company Info

Headquarters
Boston, MA
Founded
2017
Team Size
300+
Last Round
$193M(Feb 2025)

Investors (2)

O
Obvious VenturesLead
Lead Investor
Verified investor in Series
G
Gradient Ventures
Investor
Verified investor in Series

Topics

verified(3079)real-funding(3079)openlyinsurtechseriesboston

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