# Openly: Insurance, Boston, United States

> Openly: Openly is a technology-enabled premium homeowners insurance provider founded in 2017 in Boston, Massachusetts. Based in Boston, United States.

Source: https://millionrounds.com/startup/openly-3 (Millionrounds; every figure on the page links to its filing or article)

United States · [Insurance startup](https://millionrounds.com/companies)

# Openly

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

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Funding reported Last round: Series D

Insurance Boston, United States

Company summary

- **Founded:** 2017 9 years old
- **Team:** 380 201 to 1,000 people
- **Funding reported:** $238M in dollars
- **Last round:** Series D Sept 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Openly has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 **$238M** in dollars

Rounds **7**

Last round **Series D**

Last round date **Sept 2023**

Investors listed **11**

## Founders and team

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

- **Mateusz Wielbut** Executive Officer, Director i
- **Tyree Harris** Executive Officer, Director i

On the board, as filed i *Courtney Robinson* *Vishal Vasishth* *Zachary Bratun-Glennon*

## On a portfolio page

Investors who name them

- [Advance Venture Partners](https://millionrounds.com/fund/advance-venture-partners)

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 coverage customer satisfaction property coverage consumers home-sharing insurance claims automation risk modeling insurance product innovation real-time data home insurance tech underwriting technology distribution home insurance industry disruption claims process insurtech insurance pricing algorithms

Built with from their website

Linkedin Sign-in Adobe Amazon SES Google Tag Manager Atlassian Tailwind CSS Google Cloud Linkedin Insight Tag Google Cloud Run Google Ads

+8 more

Fivetran YouTube GitHub Google Workspace CloudFlare Microsoft Windows Viewport Meta LinkedIn Ads

- **Sector:** Insurance
- **Industry code:** NAICS 52412, 524210, SIC 6361, 6411
- **Region:** Massachusetts
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/openly)

## Insurance in United States

Startups like it

- [**Reserv** New York · founded 2022 *Raised*](https://millionrounds.com/company/reserv)
- [**Decisely** Alpharetta · founded 2015 *Raised*](https://millionrounds.com/company/decisely)
- [**Luzern Risk** New York · founded 2023 *Raised*](https://millionrounds.com/company/luzern-risk)
- [**Health IQ** Mountain View · founded 2014 *Raised*](https://millionrounds.com/company/health-iq)
- [**Clearcover** Chicago · founded 2016 *Raised*](https://millionrounds.com/company/clearcover)
- [**Vouch Insurance** San Francisco · founded 2018 *Raised*](https://millionrounds.com/company/vouch-insurance)
- [**Pie Insurance** Washington · founded 2017 *Raised*](https://millionrounds.com/company/pie-insurance)
- [**Federato** San Francisco · founded 2020 *Raised*](https://millionrounds.com/company/federato)

## Is this your company?

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