InsurTech

Openly

Openly raises $193M Series at $1.1B valuation

$193M
Total Raised
Series
Latest Round
2017
Founded
300+
Employees
Boston, MA
1 min read

Quick Facts

Valuation
$1.1B
Latest Round Size
$193M
Latest Round Date
February 2025

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

Key Investors

Obvious Ventures
Lead Investor
Verified investor in Series
Gradient Ventures
Investor
Verified investor in Series

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources