Fundraising Fox

OpenPhone

12 known investors

Quo (formerly OpenPhone) provides a business phone system for calls and texting, aimed at small businesses and teams to communicate with and build relationships with their customers. The product offers a professional phone number and communication tools as an alternative to owners using personal numbers.

Also known as OpenPhone · OpenPhone Technologies, Inc. · Quo · Quo, Inc.

Founders & leadership

MRMahyar Raissi
Mahyar RaissiinFounder/CEO at Quo (fka OpenPhone)
DKDaryna Kulya
Daryna KulyainCo-founder of Quo, a business phone and messaging platform. Previously, she was a Product Manager at Vidyard where she launched Vidyard GoVideo, and worked at Deloitte's Digital Innovation Lab on emerging technology prototypes.

Investors · 12

Also in the syndicate · 7

Heston WilliamsJack SmithJonathon BarklKindred VenturesRishi TalatiSlow VenturesleadTiger Globallead

Company profile

researched Aug 2026

Quo, formerly OpenPhone and operated by OpenPhone Technologies, Inc., provides a cloud business phone system delivered through apps for iOS, Android, macOS, Windows and the web. Each user receives a new or ported local or toll-free number, and teams can share numbers and a common inbox so that calls, texts and customer context sit in one place. Core capabilities include shared numbers and inboxes, internal notes, a lightweight contact/CRM layer with custom contact properties, call routing and call flow builders, phone menus and auto attendant, call transfers and group calling, voicemail transcripts, auto call recording, and analytics and reporting.

AI features are marketed under the name Sona, an AI agent that answers inbound calls around the clock, plus AI call summaries and transcripts, AI call tags, AI-suggested message replies and AI contact suggestions. The platform exposes an API, webhooks and an MCP server for use from ChatGPT and Claude, and offers integrations with tools including Salesforce, HubSpot, Pipedrive, Zoho CRM, Slack, Zapier, Make, Jobber, Clio, Gong, Attio, Clay, HighLevel, Fireflies.ai and Google Contacts. Free number porting from other providers is offered with assisted transfer support.

The company positions the product for small and mid-sized businesses and teams across segments such as home services, property management, law firms, healthcare, education, startups, franchises, and sales, support and operations teams. Its website states the service powers conversations for more than 90,000 businesses and cites a 4.7-star average across 3,300+ reviews and a #1 ranking in customer satisfaction on G2. The company holds AICPA SOC certification and lists a San Francisco headquarters address.

Founding story

Founded by married co-founders Mahyar Raissi and Daryna Kulya, originally from Iran and Ukraine respectively, who set out to rebuild the business phone system around how teams actually communicate. The company went through Y Combinator in 2018. Raissi serves as co-founder and CEO.

Business model

Subscription SaaS sold per user per month, with usage-based add-ons. Published plans are Starter at $19, Business at $33 and Scale at $47 per user per month billed monthly, or $15, $23 and $35 per user per month billed annually. Each plan includes one local or toll-free number per user and unlimited calling and messaging to US and Canadian numbers, subject to a fair use policy. Additional numbers cost $5 per month each, international calling and messaging is an add-on at per-minute and per-message rates, and third-party Campaign Registry fees apply ($19.50 one-time review fee plus $1.50–$3 per month). AI calling with Sona uses a credit system (1 call = 100 credits) with 1,000 free automation credits per plan and paid credit tiers from $0 to $199 per month, with per-call overage rates of $0.45–$1.00.

Recurring per-seat subscription revenue across three tiers, supplemented by add-on charges for extra phone numbers, international usage and AI calling credits/overages.

Traction

TechCrunch reported roughly 10 million calls and messages handled monthly and 20,000+ customers at the time of the April 2022 Series B; the company's site now cites more than 90,000 businesses. The Android app shows 500,000+ downloads and a 4.8 rating from about 9,460 reviews, and the website cites 4.7 stars across 3,300+ reviews. The team quadrupled in size during 2021. Customer stories cite a 99% speed-to-lead improvement (Hannon de Palma), 375+ hours saved weekly (Pink's) and 100% of after-hours callers receiving responses (Lucid Bots).

Latest developments

The company has rebranded from OpenPhone to Quo, with quo.com terms, privacy and support email addresses in use and a blog post on the renaming published in October 2025. Recent product additions include the Sona AI agent (now included on all plans, with lead capture over text), an MCP integration for ChatGPT and Claude, AI call tags, inbound phone support on the Scale plan, and a call quality diagnostics panel in the mobile app.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Competes in the business phone/unified communications market against legacy PBX and IP-PBX systems, telco unified communications offerings and consumer-grade alternatives; management identified Google Voice/Google Phone as a potential threat that was limited by its lack of customer support. The company differentiates on SMB focus and collaboration, claims the #1 position in customer satisfaction on G2 for business phone, and reports serving 90,000+ businesses.

Emphasis on shared phone numbers and team collaboration on calls and texts — described by the company as pioneering shared numbers and rapid phone-system setup — combined with simple multi-device apps, an open API/webhooks/MCP surface, deep CRM integrations, and built-in AI call answering rather than a standalone CRM build-out.

Technology

Cloud VoIP and messaging infrastructure delivered via native iOS, Android, macOS and Windows apps plus a web app, with in-call quality diagnostics. The platform includes a public API, webhooks, an MCP server enabling analysis of calls, texts and contacts from ChatGPT and Claude, and AI functionality (Sona voice agent, call transcription and summarization, call tagging, suggested message responses, contact suggestions).

Go-to-market

Self-serve product-led motion with a 7-day free trial, app store distribution (500K+ Android downloads), transparent published pricing and a "Talk to Sales" path for larger buyers. Supporting channels include a content-heavy blog and resource center, webinars, customer stories, a podcast, a partner program with a partner directory, free assisted number porting to convert users from incumbent providers, and integrations/marketplace presence with CRM and workflow tools.

Small and medium-sized businesses and teams, with a stated sweet spot of five to 500 employees; verticals include home services, property management, law firms, healthcare, education, startups and franchises, alongside sales, support and operations teams. Early traction came from fellow Y Combinator startups.

Geography

Headquartered in San Francisco, California (2261 Market St), with the United States as its main market and included calling and messaging coverage for US and Canadian numbers; international calling and messaging to most countries is available as a paid add-on.

History

Y Combinator participation in 2018 was followed by a $2M seed round announced in January 2020, a $14M Series A announced in November 2020 led by Craft Ventures, and a $40M Series B announced in April 2022 led by Tiger Global, bringing total funding to $56 million. Product expansion included webhooks, CRM integrations beginning with Salesforce, PBX-replacement functionality, and later AI features. In October 2025 the company published a post about renaming, and it now operates as Quo (formerly OpenPhone), with corporate entity references to both OpenPhone Technologies, Inc. and Quo, Inc.

Risks & controversies

Google Play reviews report recurring reliability complaints on Android, including missed notifications, inability to place or answer calls, and multi-hour service interruptions, with company representatives responding to affected users. Message deliverability to major US carriers requires third-party Campaign Registry registration and fees, and unlimited calling/messaging is subject to a fair use policy.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Business plan price (monthly billing)Jan 2025$33
Businesses servedJan 202590,000 businesses
Calls and messages handled monthlyApr 202210,000,000 calls and messages per month
CustomersApr 202220,000 customers
Google Play downloadsJan 2026500,000 downloads (500K+)
Google Play ratingJan 20264.8 stars (9,460 reviews)
HeadcountAug 2026209
Scale plan price (monthly billing)Jan 2025$47
Starter plan price (monthly billing)Jan 2025$19
Total funding raised to dateApr 2022$56M
Website-cited review ratingJan 20254.7 stars (3,300+ reviews)

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 8

launches, deals, and filings
Oct 2025
Rebrand from OpenPhone to Quo

Blog post 'What's it like to rename your company?' published as the company began operating as Quo (formerly OpenPhone), with quo.com terms, privacy and support contacts and Quo, Inc. copyright notices.

source ↗

Jan 2025
Ranked #1 in customer satisfaction on G2 for business phone

Company states it is the #1 business phone in customer satisfaction on G2.

source ↗

Jan 2025
ChatGPT and Claude MCP integration

MCP server released allowing analysis of calls, texts and contacts from Claude and ChatGPT, listed as included on all plans.

source ↗

Jan 2025
Sona AI agent included on all plans

Sona, an AI agent that answers calls 24/7 and captures leads over text, was made available across Starter, Business and Scale plans; credit-based pricing applies (1 call = 100 credits, 1,000 free credits per plan).

source ↗

Apr 2022
$40M Series B led by Tiger Global

Series B of $40 million led by Tiger Global with participation from Craft Ventures, Slow Ventures, Garage Capital, Worklife Ventures and customer angels, bringing total funding to $56 million; proceeds earmarked for team growth, collaboration features and integrations.

$40M source ↗

Nov 2020
Announced $14M Series A led by Craft Ventures

Series A of $14 million, with Craft Ventures leading and Slow Ventures, Kindred Ventures, Garage Capital and Script Capital participating.

$14M source ↗

Jan 2020
Announced $2M series seed

Company blog announced a $2 million seed round to build a phone system for startups.

$2M source ↗

Jan 2018
Participated in Y Combinator

The company went through the Y Combinator accelerator in 2018.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does OpenPhone do?
Quo (formerly OpenPhone) is a shared business phone and inbox app for calls, texts and AI call answering.
Who founded OpenPhone?
OpenPhone was founded by Mahyar Raissi, Daryna Kulya.
Who are OpenPhone's investors?
OpenPhone's investors include Todd and Rahul’s Angel Fund, Altos Ventures, Chapter One, Garage Capital, Script Capital.