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OpenPhone: Funding, Investors & Team (Nov 2026)

OpenPhone develops a reliable smart business phone app that lets users seamlessly get a business phone number without a second phone or a second SIM card. OpenPhone separates a user's business and personal contacts so they can stay in touch with their customers easier. OpenPhone is a VoIP (Voice over Internet Protocol) number provider. This means that all calls and texts happen over the internet through WiFi or mobile data. This functionality is common among second phone number apps, including Google Voice, Burner, and of course OpenPhone was founded in 2018 and based in San Francisco, California.

www.openphone.co LinkedIn San Francisco, United States 101-250 employees
Contact Management Mobile Apps Telecommunications
Total raised
$54.0M
Rounds
2
Latest
Series B
Apr 2022

OpenPhone has raised $54.0M across 2 funding rounds on record, the most recent a Series B of $40.0M announced in Apr 2022.

That round is above the $4.3M median round size for Apps companies tracked on FundedIQ over the last two years.

OpenPhone Company Profile and Key Stats

Total funding raised
$54.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series B
$40.0M in Apr 2022
Employees
101-250
reported band
Headquarters
San Francisco, United States

Latest funding round on record: Apr 2022.

OpenPhone Funding Rounds

Date
Round
Amount
Series B
$40.0M
Undisclosed round
$14.0M

OpenPhone raised $14.0M in an undisclosed round announced in Nov 2020.

1.4 years later, a Series B of $40.0M was announced in Apr 2022.

OpenPhone Founders and Leadership Team

Name
Role
Contact
Mahyar Raissi
CEO
Locked

Contact details for the OpenPhone team: 1 of 1 has an email address on file.

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OpenPhone Funding Compared to Other Apps Startups

Segment
Companies
Median round
2,426
$4.3M
30,473
$7.7M
4,447
$32M

OpenPhone's latest round of $40.0M is above the median round in Apps. Medians cover the last 24 months of disclosed rounds.

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OpenPhone Funding FAQs

What does OpenPhone do?

OpenPhone develops a reliable smart business phone app that lets users seamlessly get a business phone number without a second phone or a second SIM card. OpenPhone separates a user's business and personal contacts so they can stay in touch with their customers easier. OpenPhone is a VoIP (Voice over Internet Protocol) number provider. This means that all calls and texts happen over the internet through WiFi or mobile data. This functionality is common among second phone number apps, including Google Voice, Burner, and of course OpenPhone was founded in 2018 and based in San Francisco, California.

How much funding has OpenPhone raised?

OpenPhone has raised $54.0M across 2 rounds on record. The most recent is a Series B of $40.0M announced in Apr 2022.

When did OpenPhone last raise funding?

OpenPhone's most recent funding round on record is a Series B of $40.0M, announced in Apr 2022.

Who is the CEO of OpenPhone?

Mahyar Raissi is listed as CEO at OpenPhone.

Where is OpenPhone headquartered?

OpenPhone is based in San Francisco, California, United States.

How many employees does OpenPhone have?

OpenPhone is in the 101-250 employee band.

How does OpenPhone's funding compare to other Apps startups?

OpenPhone's latest round of $40.0M is above the $4.3M median round size for Apps companies on FundedIQ across 2,426 tracked companies over the last two years.

About FundedIQ's OpenPhone 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 OpenPhone is left off this page rather than filled in.

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