Openly
Techstars '18Boston, US · Founded 2017 · 10 known investors
Find your way into Openly
1,606 people in our graph share verified history with the Openly team — schools, employers, funds. One of them is your warm intro.
Niki Pezeshkiunlockedknows Matt Wielbut 🦄 · together at Goldman Sachs (overlapped)
×10knows the team · via Goldman Sachs
knows the team · via Techstars
Openly provides home insurance products and services for independent agents and consumers through a technology-enabled platform. The company combines actuarial science and machine learning to streamline quoting, policy management, and claims processes.
Founders & leadership
Openly was founded in 2017 by Ty Harris, Matt Wielbut, and Matt Wielbut 🦄.
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Ty HarrisinCEO and Co-Founder
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Matt WielbutinCo-FounderMatt Wielbut previously worked as a finance programmer, cofounded education technology startup Recitate and insurance startup Elements Insurance, which was acquired by Titan Insurance in 2020. He is now building Openly, a home and auto insurance company using technology.
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Matt Wielbut 🦄inFounderMatt Wielbut is the founder of Openly, an insurance company offering home and auto products. He previously worked as a programmer in finance, explored semantic-based business search, and co-founded the education technology startup Recitate and the insurance startup Elements Insurance, which was sold to Titan Insurance in 2020.
Investors · 10
Advance Venture PartnersSan Francisco · $10M – $25M
Clocktower VenturesSanta Monica · $100K – $20M
Drive CapitalColumbus · $5M – $30M
Gradient VenturesSan Francisco · $100K – $10M
MTECH CAPITALSanta Monica
Obvious VenturesSan Francisco · $250K – $6M
PJCProvidence · $500K – $1.5M
TechstarsBoulder · $220K
Allianz Xreported · 2 sources
Also in the syndicate · 1
Eden Global Partnerslead
Funding
SEC filings, press & company announcements$100M disclosed across 1 of 3 rounds · 2020–2025
- Undisclosed amountSeries BSep 2025Source ↗
- $100MSeries DSep 2023 · 3 sources
Eden Global Partners (lead)
Source ↗ - Undisclosed amountSeries BDec 2020Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 7
by search overlap
Policy Genius3220 shared keywordsPolicygenius is an online insurance marketplace that provides consumers with free, tailored quotes and support from licensed agents across life, auto, home, and disability insurance. It helps individuals compare policies from multiple insurers and choose coverage that fits their needs.
Kin Insurance2443 shared keywordsKin is a home insurance provider that offers both self-service and agent-assisted policy purchase and management for homeowners. The company operates through fully licensed carrier partners and emphasizes affordability, ease of use, and customer service.
Libertymutual2439 shared keywordsLiberty Mutual provides commercial insurance solutions across multiple industries, including cyber insurance, property, liability, and workers compensation coverage tailored to business needs.
Hippo Home Insurance2407 shared keywordsHippo is an online insurance marketplace that helps customers find and compare home insurance policies, auto insurance, and flood coverage from top-rated carriers through a streamlined quoting process.
Lemonade2187 shared keywordsLemonade is a digital insurance provider offering homeowners, renters, car, pet, and term life insurance policies. The company uses AI to streamline policy underwriting and claims processing, targeting consumers seeking affordable insurance with fast, digital-first service.
Insurify2084 shared keywordsInsurify operates an online insurance-comparison marketplace that pulls real-time, personalized quotes from 120-plus insurers (including GEICO, Allstate, and Progressive) for auto, home, renters, and pet insurance, letting shoppers compare policies and buy online or with a licensed agent. Its AI-powered tools include a policy-upload feature, and it also offers Insurify Car, a liability-only auto policy with weekly installment payments; the company is a licensed agency in all 50 U.S. states.
Experian1494 shared keywordsExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.
Companies competing with Openly for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Openly do?
- Openly provides home insurance products and services for independent agents and consumers through a technology-enabled platform. The company combines actuarial science and machine learning to streamline quoting, policy management, and claims processes.
- Who founded Openly?
- Openly was founded by Ty Harris, Matt Wielbut, Matt Wielbut 🦄 in 2017.
- Who are Openly's investors?
- Openly's investors include Advance Venture Partners, Clocktower Ventures, Drive Capital, Gradient Ventures, MTECH CAPITAL, Obvious Ventures, PJC, Techstars and 1 more.
- How much funding has Openly raised?
- Openly has disclosed $100M raised across 1 of its 3 known rounds.
- Where is Openly headquartered?
- Openly is headquartered in Boston, US.