Openly

Premium, Straightforward Home Insurance

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

Employees
201–500
Founded
2018
Business Model
B2B2C
Website
openly.com
Total Funding
$238.0M
Last Round
$123.0M Growth EquityJan 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 Growth Equity round in Jan 2025. Investors include Advance Venture Partners, Allianz X and Eden Global Partners.

Tech & App Stack

13 technologies & apps tracked

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Funding History

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Debt FinancingSenior Note FinancingJan 2025
$70.0M

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Growth Equity — per-round amounts, valuations, and who invested in each round.

Investors

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