United States · Insurance startup

Openly

Openly is a technology-enabled premium homeowners insurance provider founded in 2017 in Boston, Massachusetts.

Funding reportedLast round: Series D

InsuranceBoston, United States

About Openly

Openly is a technology-enabled premium homeowners insurance provider founded in 2017 in Boston, Massachusetts.

The company focuses on simplifying and enhancing the insurance experience for independent agents and their clients. Openly operates as a remote-first, B2B2C enterprise, offering a digital platform that allows agents to provide comprehensive home and landlord insurance policies efficiently. The company specializes in premium homeowners insurance, secondary home insurance, landlord insurance, and dwelling insurance, targeting high-value properties valued at $400,000 and above. Openly's platform delivers bindable quotes in under 60 seconds, utilizing advanced technology for accurate risk assessment and streamlined policy issuance. With a commitment to transparency and a "zero-gotcha" experience, Openly empowers agents to compete effectively in the market while serving high-value homeowners across 24 states in the U.S.

What company datasets say Openly raised

Funding, as reported

Reported in all$238Min dollars
Rounds7
Last roundSeries D
Last round dateSept 2023
Investors listed11

Founders and team

From the SEC filings it signed: 2 on the team.

  • Mateusz WielbutExecutive Officer, Directori
  • Tyree HarrisExecutive Officer, Directori

On the board, as filediCourtney RobinsonVishal VasishthZachary Bratun-Glennon

On a portfolio page

Investors who name them

Each firm lists Openly on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

water damage coveragecustomer satisfactionproperty coverageconsumershome-sharing insuranceclaims automationrisk modelinginsurance product innovationreal-time datahome insurance techunderwriting technologydistributionhome insurance industry disruptionclaims processinsurtechinsurance pricing algorithms

Built with from their website

Linkedin Sign-inAdobeAmazon SESGoogle Tag ManagerAtlassianTailwind CSSGoogle CloudLinkedin Insight TagGoogle Cloud RunGoogle Ads

+8 more

FivetranYouTubeGitHubGoogle WorkspaceCloudFlareMicrosoft WindowsViewport MetaLinkedIn Ads

Sector
Insurance
Industry code
NAICS 52412, 524210, SIC 6361, 6411
Region
Massachusetts
Full record
Every detail in the company directory

Insurance in United States

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