Openly
5 known investors
Openly offers customizable homeowners insurance policies sold through independent agents, featuring flexible coverage options and swift claims resolution. The company serves homeowners and independent insurance agents across 24 U.S. states.
Founders & leadership
MW
Matt Wielbut π¦inFounderMatt Wielbut is the founder of Openly, which offers customizable home and auto insurance sold through independent agents. He previously worked as a programmer in finance and co-founded the education technology startup Recitate and the insurance startup Elements Insurance, which was acquired by Titan Insurance in 2020.
Investors Β· 5
Gradient VenturesSan Francisco Β· $100K β $10M
PJCProvidence Β· $500K β $1.5M
Advance Venture PartnersreportedSan Francisco Β· $10M β $25M
Allianz Xreported
Also in the syndicate Β· 1
Eden Global Partnerslead
Funding
SEC filings, press & company announcements$100M disclosed across 1 round Β· 2023
- $100MSeries DSep 2023 Β· 3 sources
Eden Global Partners (lead)
Source β
Source: company announcements and press reports β follow each round's link for the claim.
In the news
Frequently asked questions
- What does Openly do?
- Openly offers customizable homeowners insurance policies sold through independent agents, featuring flexible coverage options and swift claims resolution. The company serves homeowners and independent insurance agents across 24 U.S. states.
- Who founded Openly?
- Openly was founded by Matt Wielbut π¦.
- Who are Openly's investors?
- Openly's investors include Gradient Ventures, PJC, Advance Venture Partners, Allianz X.
- How much funding has Openly raised?
- Openly has disclosed $100M raised across 1 round.