Open: Funding, Investors & Team (Sep 2026)
Open develops and offers an online platform for banking and intercompany settlement. It offers digital banking service for startups and small and medium enterprises that offer digital bank accounts that includes a current account packed with tools for bookkeeping, invoices, moving money, and accessing credit. Open's application programming interface platform lets financial institutions integrate banking and payments into their applications and accounting systems. Anish Achuthan founded it in 2017, with its headquarters in Bengaluru in India.
Open has raised $112M across 2 funding rounds on record, the most recent a Series D of $50.0M announced in May 2022.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Open Company Profile and Key Stats
Latest funding round on record: May 2022.
Open Funding Rounds
Open raised $62.0M in a Series C announced in Sep 2021.
8 months later, a Series D of $50.0M was announced in May 2022.
Open Founders and Leadership Team
No contact details are on record for this team yet.
Open Funding Compared to Other Financial Services Startups
Open's latest round of $50.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Open Funding FAQs
What does Open do?
Open develops and offers an online platform for banking and intercompany settlement. It offers digital banking service for startups and small and medium enterprises that offer digital bank accounts that includes a current account packed with tools for bookkeeping, invoices, moving money, and accessing credit. Open's application programming interface platform lets financial institutions integrate banking and payments into their applications and accounting systems. Anish Achuthan founded it in 2017, with its headquarters in Bengaluru in India.
How much funding has Open raised?
Open has raised $112M across 2 rounds on record. The most recent is a Series D of $50.0M announced in May 2022.
When did Open last raise funding?
Open's most recent funding round on record is a Series D of $50.0M, announced in May 2022.
Who founded Open?
FundedIQ lists Deena Jacon (Founder) at Open.
Who is the CEO of Open?
Jonathan Brennan-Badal is listed as CEO at Open.
Where is Open headquartered?
Open is based in Bangalore, Karnataka, India.
How many employees does Open have?
Open is in the 251-500 employee band.
How does Open's funding compare to other Financial Services startups?
Open's latest round of $50.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.
About FundedIQ's Open Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Open is left off this page rather than filled in.
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