Openly
Founded Year
2017Stage
Series E | AliveTotal Raised
$430.77MLast Raised
$123M | 9 mos agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+58 points in the past 30 days
About Openly
Openly is a home insurance provider focusing on high-value homeowners insurance. The company offers customizable coverage and is sold exclusively through independent agents. Openly uses technology to streamline the quoting process. It was founded in 2017 and is based in Boston, Massachusetts.
Loading...
Openly's Product Videos
ESPs containing Openly
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The insurtech managing general agents — personal lines property & casualty market comprises insurtech managing general agents (MGAs) that provide personal lines property & casualty (P&C) insurance. These lines of business may include (but are not limited to) automotive, homeowners, renters, and travel. Also included in this market are insurtech managing general underwriters (MGUs) and other insurt…
Openly named as Highflier among 15 other companies, including Hippo, SageSure, and Honey Insurance.
Openly's Products & Differentiators
Openly Homeowners Insurnace
H05 insurance product
Loading...
Research containing Openly
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Openly in 3 CB Insights research briefs, most recently on May 8, 2025.
May 8, 2025 report
State of Insurtech Q1’25 Report
Feb 23, 2024
The B2C US insurtech market map
Feb 9, 2024 report
State of Insurtech 2023 ReportExpert Collections containing Openly
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Openly is included in 3 Expert Collections, including Real Estate Tech.
Real Estate Tech
2,494 items
Startups in the space cover the residential and commercial real estate space. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and property management, insurance, mortgage, construction, and more.
Insurtech
4,636 items
Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Fintech
9,809 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest Openly News
Sep 2, 2025
From recent product launches to impactful client partnerships, learn about the exciting work being done at these eight growing organizations. Written byOlivia McClure Photo: Shutterstock Justine Sullivan | Aug 15, 2025 Summary: Eight Boston-based companies—including Benchling, Crunchtime, Openly, CrunchTime, Takeda, Hi Marley, Vestmark, SquareWorks Consulting, and Laudio—are scaling products, partnerships, and leadership through a mix of tech-driven growth, robust learning and development offerings, and people-first benefits that support work-life balance. more Eight Boston-based companies—including Benchling, Crunchtime, Openly, CrunchTime, Takeda, Hi Marley, Vestmark, SquareWorks Consulting, and Laudio—are scaling products, partnerships, and leadership through a mix of tech-driven growth, robust learning and development offerings, and people-first benefits that support work-life balance. As schoolchildren prepare to swap sand pails for backpacks across Boston, the local tech scene is also getting ready to embrace the excitement of a new season. Benchling has its sights set on innovation, having recently launched a new end-to-end platform, Bioprocess, which is designed to accelerate the development of new medicines and treatments. Meanwhile, at Crunchtime , team members are celebrating the success of its partnership with bubble tea company Gong cha, which has redefined the brand’s ability to scale rapidly. Besides new products and successful client partnerships, companies across the city are prioritizing their most important asset: their people. As employees at TravelPerk continue to shape the business travel landscape, they find support to stretch their skills along the way, thanks to a culture that prioritizes learning and development. On the other hand, Openly team members are driving the company’s efforts to revolutionize the home insurance process while staying balanced with the help of supportive perks like flexible PTO and mental health benefits. So while the summer sun may be waning, the future looks bright for these companies and other local employers. Read on to learn what makes these eight companies in Boston ones to watch this season. Featured Companies
Openly Frequently Asked Questions (FAQ)
When was Openly founded?
Openly was founded in 2017.
Where is Openly's headquarters?
Openly's headquarters is located at 131 Dartmouth Street, Boston.
What is Openly's latest funding round?
Openly's latest funding round is Series E.
How much did Openly raise?
Openly raised a total of $430.77M.
Who are the investors of Openly?
Investors of Openly include Obvious Ventures, Clocktower Technology Ventures, PJC, Advance Venture Partners, Eden Global Partners and 34 more.
Who are Openly's competitors?
Competitors of Openly include Kin, Slide Insurance, Sixfold, Branch, Hippo and 7 more.
What products does Openly offer?
Openly's products include Openly Homeowners Insurnace.
Who are Openly's customers?
Customers of Openly include Iroquois , Goosehead Insurance, Agentero, Reliance Risk and Guaranteed Rate.
Loading...
Compare Openly to Competitors
TypTap is an insurance group that provides homeowners insurance and utilizes technology within the insurance sector. The company offers a quoting platform and pre-underwriting technology. TypTap serves the residential insurance market. It was founded in 2016 and is based in Ocala, Florida.
Branch specializes in providing home, auto, and umbrella insurance within the insurance industry. The company allows customers to obtain insurance coverage and customize their insurance policies. Branch serves individuals and families seeking to bundle their insurance needs. It was founded in 2017 and is based in Columbus, Ohio.
Kin provides home insurance solutions within the insurance industry. The company offers a range of products, including homeowners, mobile homes, condos, flood, landlord, and hurricane insurance, all designed to protect customers' properties and interests in the event of disasters or other damages. Kin's insurance products are tailored to meet the needs of homeowners and property investors, offering customizable policies and direct purchasing options to keep costs down. Kin was formerly known as Bright Policy. It was founded in 2016 and is based in Chicago, Illinois.
CSAA Insurance Group provides insurance services within the auto and home insurance sectors. The company offers various insurance products, including policies for automobiles and homes, as well as services such as claims assistance and policy management. CSAA Insurance Group serves individual consumers seeking personal insurance coverage. It was founded in 1914 and is based in Walnut Creek, California.
Swyfft is a company that focuses on the insurance industry, specifically homeowners insurance. The company uses unique data sources and analytics to provide homeowners insurance quotes in a quick and efficient manner. Swyfft primarily serves the insurance industry. It is based in Morristown, New Jersey.
Next Generation Insurance develops digital insurance distribution platforms within the insurance industry. The company provides services including insurance for college students, distribution solutions for insurance companies, and vendor credential verification services. Next Generation Insurance serves the higher education sector and the insurance industry. It is based in Boston, Massachusetts.
Loading...