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About OpenPhone
Industries
Consumer Software
Enterprise Software
Company Size
51-200
Company Stage
Series B
Total Funding
$54.6M
Headquarters
San Francisco, California
Founded
2018
Overview
OpenPhone provides a business phone system tailored for startups and small businesses. Its cloud-based platform allows users to manage phone communications from any device with internet access, making it suitable for remote teams. Key features include local and toll-free numbers, call and text capabilities, group messaging, and call routing to distribute calls among team members. OpenPhone operates on a subscription model, offering unlimited calling and texting, call recording, and analytics to help businesses make informed decisions. The company distinguishes itself with its user-friendly interface, quick setup, and strong customer support, earning accolades for its usability and service. The goal of OpenPhone is to enhance communication for small businesses, enabling them to operate efficiently and effectively.
Simplify's Take
What believers are saying
- Recent $40M Series B funding will accelerate growth and team expansion.
- Increased demand for remote work solutions boosts adoption of OpenPhone's cloud-based tools.
- Integration of AI-driven analytics offers deeper insights into customer interactions.
What critics are saying
- Competition from established players like Google Voice could impact market share.
- Reliance on internet connectivity may affect service reliability during disruptions.
- Economic downturns could lead to budget cuts in OpenPhone's primary client base.
What makes OpenPhone unique
- OpenPhone offers seamless business phone numbers without needing a second device or SIM.
- The platform provides advanced call routing and integration with tools like HubSpot and Zapier.
- OpenPhone's user-friendly interface and quick setup cater to startups and small businesses.
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Funding
Total Funding
$54.6M
Meets
Industry Average
Funded Over
3 Rounds
Tiger Global
Craft Ventures
Y CombinatorIndustry standards
Benefits
Competitive salary & equity
Health, dental, & vision plans
Equipment & home office
Flexible time off
401k
Learning & development budget
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 0%2 year growth
↑ 0%Earlier this summer OpenPhone Technologies, Inc. released group calling to OpenPhone so you can talk with more than one person at a time.
OpenPhone, a San Francisco, CA–based modern phone system for business, raised $40m in Series B funding. The round was led by Tiger Global, with participation from existing investors including Craft Ventures, Slow Ventures, Garage Capital, Worklife Ventures, and others. The company intends to use the funds to accelerate growth, expand its team, and further invest [] The post OpenPhone Closes $40M Series B Funding appeared first on FinSMEs.
Y Combinator graduate OpenPhone is raising a $2 million funding round led by Slow Ventures.
Communication tools are evolving quickly. We have all kinds of social media for our personal lives, Slack for chatting with our co-workers, Discord for gaming and other communities, and Zoom and FaceTime for when we want to look someone (almost) in the eyes. But the business phone has been mostly stuck in the past. OpenPhone […]
OpenPhone, a company setting out to replace “antiquated” business phone systems with an app, has raised $14 million in a series A round led by David Sacks’ Craft Ventures.
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About OpenPhone
Industries
Consumer Software
Enterprise Software
Company Size
51-200
Company Stage
Series B
Total Funding
$54.6M
Headquarters
San Francisco, California
Founded
2018
OpenPhone is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today