Openly

Openly is a homeowners insurance provider founded in 2017 and based in Boston, Massachusetts. The company operates exclusively through independent insurance agents, offering customizable and comprehensive home insurance policies. Openly integrates technology, including machine learning and actuarial science, to create a streamlined experience for both agents and customers. The company specializes in homeowners insurance for primary residences, secondary homes, and rental properties. Openly's policies feature guaranteed replacement cost coverage, broad liability coverage, and blanket personal property coverage, with options for additional features like water backup and zero-deductible plans. Their proprietary technology allows agents to generate quotes quickly and accurately, enhancing the overall customer experience. Openly currently provides coverage in 24 states and aims to expand its reach. The company values integrity, customer service, and innovation, focusing on the needs of independent agents and homeowners seeking transparent and competitive insurance solutions.

Insurance Boston, United States Founded 2017 ~324 employees Private · Venture

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Employees
324
+3.2% in 3 months
Revenue / employee
$1.1M
Revenue ~$360M
Total funding
$401M
Last round Venture, Jan 2025
12-month attrition
9.2%
Tech: 9.4%
H1B filings, FY2025
1
Sponsors visas

Org structure

Headcount by department

Other171
Engineering65
Product23
Operations20
Sales18
Finance7
HR7
Marketing6

H-1B sponsorship

H-1B Sponsorship Limited
H-1B Filings by Department
Engineering3

The department split adds up all the years listed above. FY2025 alone: 1 filings.

Salaries at Openly

All salaries

8 salary profiles in the US

Most reported roles

Pay by level, gender and ethnicity · India salaries

Funding

  • Jan 2025 · Venture · $123M · Advance Venture Partners, Point Judith Ventures, Eden Global Partners
  • Sep 2023 · Series D · $100M · Trinity Capital, Eden Global Partners, Clocktower Technology Ventures
  • Dec 2022 · $40M · Trinity Capital
  • Jun 2022 · Series C · $75M · MTech Capital, Advance Venture Partners, PJC
  • Dec 2020 · Series B · $40M · Advance Venture Partners, PJC, Obvious Ventures
  • Jun 2020 · Series A · $15M · Point Judith Ventures, Obvious Ventures
  • Nov 2019 · Seed · $7.7M · Gradient Ventures
  • Mar 2019 · Seed · Liquid 2 Ventures
  • Jan 2018 · Seed · Techstars

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Openly FAQ

How many employees does Openly have?

Openly has about 324 employees, up 3.2% over the last 3 months (as of Apr 2026).

Does Openly sponsor H1B visas?

Yes. Openly filed 1 H1B (LCA) application in FY2025, according to the latest U.S. Department of Labor disclosures. It was for a Engineering role.

What is Openly's revenue per employee?

Openly makes about $1.11M in revenue per employee, based on $360M annual revenue and 324 employees.

How much does Openly pay?

6figr has 8 salary profiles for Openly in the US and 1 in India, with pay broken down by role, level, gender and ethnicity on the Openly salaries page. See Openly salaries in the US

How much funding has Openly raised?

Openly has raised $400.65M in total funding.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.