/Companies

OpenInvest

AcquiredYC S15YC Top Company

San Francisco, US · Founded 2015 · 110 employees · 11 known investors

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OpenInvest builds investment portfolio management software that customizes stock and bond holdings based on individual investor values and ethical preferences, while maintaining performance relative to standard market benchmarks.

Also known as Open Invest Co. · Open Invest

FintechInvestingUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (S15)

OpenInvest was founded in 2015 by Conor Murray, Phillip Wei, and Philip Wei.

CMConor Murray
Conor MurrayCofounder, CEOConor studied mathematics, computer science, economics, and philosophy at MIT. He worked at Morgan Stanley following graduation, then spent eight years at Bridgewater Associates building portfolio systems before co-founding OpenInvest in 2015.
PWPhillip Wei
Phillip WeiCo-Founder, CTO2015–2021Phillip Wei co-founded Deliveroo, a food delivery platform, and later founded OpenInvest, which was subsequently acquired by JPMorgan Chase.
PW
Philip WeiCo-founder
HK
Hanu Kunduru
ME
McLean Erskine
JS
Jimmy SunVice President of Engineering
PB
Peter BoroczEngineering Managerformer

Investors · 11

Andreessen Horowitzlisted by Andreessen HorowitzMenlo Park · $500K – $50M

How we know: a16z's portfolio · funding news · press coverage · Y Combinator's founder network · Not right? Tell us

Wireframe Ventureslisted by Wireframe VenturesSan Francisco · $500K – $2M

How we know: Wireframe Ventures's portfolio page · funding news · press coverage · the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

Flat World PartnersreportedNew York

How we know: Y Combinator's founder network · Not right? Tell us

Lynett Capital PartnersreportedJupiter

How we know: Y Combinator's founder network · Not right? Tell us

QED InvestorsreportedAlexandria · $30K – $20M

How we know: press coverage · Y Combinator's founder network · Not right? Tell us

SYSTEMIQreportedLondon

How we know: press coverage · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$24.2M disclosed across 3 of 4 rounds · 2017–2020

▶$10.6MraisedFeb 2020 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Conor MurrayExecutive Officer, Director
  • Phillip WeiExecutive Officer, Director
  • Ciara BurnhamDirector
Offering amount
$16M
Amount sold
$10.6M
First sale
Jan 2020
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$10.5MraisedJul 2018 · 8 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Greg MazanecDirector
  • Phillip WeiExecutive Officer, Director
  • Conor MurrayExecutive Officer, Director
Offering amount
$10.7M
Amount sold
$10.5M
First sale
Jul 2018
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.2MraisedApr 2017 · 17 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Philip WeiExecutive Officer, Director
  • Conor MurrayExecutive Officer, Director
Offering amount
$3.8M
Amount sold
$3.2M
First sale
Mar 2017
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through OpenInvest went on to found or lead other companies.

Related companies · 4

Companies working in the same space as OpenInvest.

Legal entities · 1

corporate structure
Open Invest Co.

In the news

Frequently asked questions

What does OpenInvest do?
OpenInvest builds investment portfolio management software that customizes stock and bond holdings based on individual investor values and ethical preferences, while maintaining performance relative to standard market benchmarks.
Who founded OpenInvest?
OpenInvest was founded by Conor Murray, Phillip Wei, Philip Wei in 2015.
Who are OpenInvest's investors?
OpenInvest's investors include Abstract Ventures, Andreessen Horowitz, Systemiq Capital, Wireframe Ventures, Y Combinator, Alumni Ventures, Flat World Partners, Lynett Capital Partners and 3 more.
How much funding has OpenInvest raised?
OpenInvest has disclosed $24.2M raised across 3 of its 4 known rounds.
Where is OpenInvest headquartered?
OpenInvest is headquartered in San Francisco, US.