Open Unicorn
Open offers business banking, payments and expense management services to SMBs, providing a digital current account in partnership with banks along with integrated tools for accounting, payments and credit.
Open: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 2 May 2022 | Series D | $50 Mn | IIFL 3one4 Capital Temasek Tiger Global Management | source |
| 12 Oct 2021 | Series C | $100 Mn | Temasek 3one4 Capital Google SBI Investment Tiger Global Management | source |
| 25 Jun 2019 | Series B | $30.27 Mn | Tiger Global Management 3one4 Capital BetterCapital AngelList Syndicate Speedinvest Tanglin Venture Partners Advisors | source |
| 13 Feb 2019 | Series A | $5 Mn | 3one4 Capital BeeNext Speedinvest | source |
| 17 May 2018 | Pre-Series A | Undisclosed | Recruit Co Ltd Unicorn India Ventures BetterCapital AngelList Syndicate ISME-ACE | source |
News on Open
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Who founded Open?
Open was founded by Anish Achuthan, Ajeesh Achuthan, Mabel Chacko, Deena Jacob in 2017.
How much funding has Open raised?
Open has raised $185.27 Mn across 5 tracked funding round(s), most recently on 2022-05-02. Figures are compiled from cited public sources.
Who are the investors in Open?
Investors in Open include IIFL, 3one4 Capital, Temasek, Tiger Global Management, Google, SBI Investment, BetterCapital AngelList Syndicate, Speedinvest.
What does Open do?
Open offers business banking, payments and expense management services to SMBs, providing a digital current account in partnership with banks along with integrated tools for accounting, payments and credit.
Where is Open headquartered?
Open is headquartered in Bengaluru, Karnataka, India.
What is Open's business model?
Open's core value proposition centers on Single dashboard for business banking, AI-native enterprise neobanking, Embedded finance infrastructure for developers.
How does Open make money?
Open's cited revenue streams include Software subscriptions, Transaction commissions, Non-operating interest income.