How much funding has Openly raised?

Openly has raised $238.0M in total funding, most recently a Series C round.

Who are Openly's investors?

Openly's investors include Advance Venture Partners, Eden Global Partners, Allianz X, Clocktower Technology Ventures, Obvious Ventures, Gradient Ventures.

Where is Openly headquartered?

Openly is headquartered in Boston, Massachusetts, United States.

What industry is Openly in?

Openly operates in Fintech, Insurtech.

Openly

Premium, Straightforward Home Insurance

Boston, United States · Founded 2018 · $238.0M raised

Fintech

Insurtech

Headquarters: Boston, Massachusetts
Employees: 201–500
Founded: 2018
Business Model: B2B2C

Website: openly.com
Total Funding: $238.0M
Last Round: $123.0M Series CJan 2025
Rounds: 8

About

Openly is a homeowners insurance company distributed exclusively through independent agents, combining actuarial science, machine learning, and proprietary technology built entirely in-house. Founded in Boston in 2017, it offers flexible, transparent policies with up to $5M guaranteed replacement cost coverage across 24 US states.

Summary

Openly is a Fintech company based in Boston, United States, founded in 2018. It has raised $238.0M in total across 8 rounds, most recently a $123.0M Series C round in Jan 2025. Investors include Advance Venture Partners, Eden Global Partners and Allianz X.

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