OpenPhone

OpenPhone

Cloud-based phone system for businesses

About

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 a focus on user experience, quick setup, and strong customer support, earning accolades for its usability and service quality. The goal of OpenPhone is to enhance communication for small businesses, enabling them to operate efficiently and effectively.

Company Stage

Series B

Employees

51-200

Industries

Consumer Software, Enterprise Software

Total Funding

$54.6M

Headquarters

N/A

Founded

2018


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Simplify's Take

What believers are saying

  • The recent $40M Series B funding will enable OpenPhone to accelerate growth and expand its team, providing more opportunities for innovation and career advancement.
  • New features and integrations, such as with HubSpot and Zapier, enhance the platform's functionality and appeal to a broader range of businesses.
  • OpenPhone's commitment to excellent user experience and support makes it a highly attractive option for small businesses looking to improve their communication systems.

What critics are saying

  • The competitive telecommunications market requires continuous innovation to maintain differentiation and market share.
  • Rapid expansion and scaling could lead to operational challenges and potential dilution of company culture.

What makes OpenPhone unique

  • OpenPhone's cloud-based platform allows seamless access from any device, making it ideal for remote teams and mobile workforces, unlike traditional business phone systems.
  • The company offers advanced features like call routing and integrations with popular tools, which are not commonly found in other small business phone systems.
  • OpenPhone's focus on user experience, evidenced by numerous accolades, sets it apart in the telecommunications market.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

9%

2 year growth

44%

Benefits

Competitive salary & equity

Health, dental, & vision plans

Equipment & home office

Flexible time off

401k

Learning & development budget

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