Openly

Boston, MA · Founded 2017 · Privately Held (backing)

Provider of home insurance services intended to be distributed through independent agents. Openly is based in Boston, MA and was founded in 2017. It was valued at $200 million at its early-stage round in Dec 2020, the last priced event on record. It has raised $471 million across 3 recorded rounds; the latest was a $36.1 million early-stage round in Dec 2020.

PMV mark · valuation
$200.0M
Oct 2026
Priced at
its early-stage round
Dec 2020
Total raised
$470.9M
Last round
Early Stage VC
Dec 2020

Openly key facts

as of Oct 2026
  • Provider of home insurance services intended to be distributed through independent agents.
  • Openly is valued at approximately $200.0M as of Oct 2026, set at its early-stage round, Dec 2020; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $470.9M across 3 recorded rounds; the latest was Early Stage VC ($36.1M) in Dec 2020.
  • Notable investors include Plug and Play Tech Center, Techstars, Liquid 2 Ventures, Clocktower Ventures, Gradient Ventures — 16 tracked in total.
  • Openly has filed 3 Form Ds with the SEC since 2019, most recently Dec 2020 ($36.1M sold to 6 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$200.0M

Valued at $200.0M at its early-stage round, Dec 2020. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Openly funding rounds

3 rounds
Dec 2020Early Stage VC$36.1MSEC filing▮
Jun 2020Early Stage VC$15.0MSEC filing▮
May 2019Early Stage VC$7.7MSEC filing▮

Openly valuation

Openly was valued at $200 million at its early-stage round in Dec 2020. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Openly raised?

Openly has raised $471 million in total; 3 of its rounds are on record, from 2019 on. The largest on record was a $7.7 million early-stage round in May 2019; the most recent was a $36.1 million early-stage round in Dec 2020.

Openly has filed 3 Form Ds with the SEC since 2019, most recently in Dec 2020 ($36.1 million sold to 6 investors).

Openly investors

16 investors are on record for Openly, including Plug and Play Tech Center, Techstars, Liquid 2 Ventures and Clocktower Ventures. By type, the record holds 6 venture capital firms. The early-stage round in Dec 2020 drew 6 investors.

About Openly

Provider of home insurance services intended to be distributed through independent agents. The company utilizes technology and insurance expertise to offer comprehensive coverage including the structure of the building, the walls, the roof, and attached fixtures, enabling customers to have access to a simplified quoting process and a modern insurance experience.

Sector
Financial Services
HQ
Boston, MA, United States
Founded
2017
Employees
360
Ownership
Privately Held (backing)

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Openly Valuation, Funding & Secondary Market Data — $200.0M | Premier Alternatives