How much funding has OpenPlan raised?

OpenPlan has raised $2.7M in total funding, most recently a Series A round.

Who are OpenPlan's investors?

OpenPlan's investors include Plug and Play, TS Investment, FuturePlay.

Where is OpenPlan headquartered?

OpenPlan is headquartered in San Francisco Bay Area, South Korea.

What industry is OpenPlan in?

OpenPlan operates in Insurtech.

OpenPlan

Beyond boundaries, Valuable services

San Francisco Bay Area, South Korea · Founded 2019 · $2.7M raised

Insurtech

Headquarters: San Francisco Bay Area
Employees: 1–10
Founded: 2019
Business Model: B2B2C

Website: openyourplan.com
Total Funding: $2.7M
Last Round: $2.3M Series AJun 2022
Rounds: 2

About

OpenPlan (operating as Toggle) is an international insurtech company that makes insurance easy and accessible. Its AI-driven Toggle platform enables traditional insurers and digital businesses to offer embedded micro-insurance products, allowing consumers to compare and subscribe to mini-insurance products in seconds. The platform supports simplified claims processing and has achieved a 49.7% customer repurchase rate. OpenPlan applies AI-driven standardization and automation to corporate insurance across Asia-Pacific markets.

Summary

OpenPlan is an Insurtech company based in San Francisco Bay Area, South Korea, founded in 2019. It has raised $2.7M in total across 2 rounds, most recently a $2.3M Series A round in Jun 2022. Investors include Plug and Play, TS Investment and FuturePlay.