About Open Social
Open Social is a company based in Amsterdam (Netherlands) founded in 2016 by Taco Potze.. Open Social has raised $1.42 million across 1 funding round from investors including Peak and Nimbus Ventures. Open Social offers products and services including Community Management System, Cloud Platform, Gaia AI, Engagement Studio, and Connection Hub. Open Social operates in a competitive market with competitors including Virtuous, i3 Verticals, Daxko, Blackbaud and Classy, among others.
- Headquarter Amsterdam, Netherlands
- Founders Taco Potze
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Sectors
TechnologyGovernment & Social Sector
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.42 M (USD)
in 1 rounds
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Latest Funding Round
$1.42 M (USD), Seed
Jul 14, 2020
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Investors
Peak
& 1 more
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Employee Count
Employee Count
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Products & Services of Open Social
Open Social offers a comprehensive portfolio of products and services, including Community Management System, Cloud Platform, Gaia AI, Engagement Studio, and Connection Hub. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for managing online communities and user interactions securely.
Provides scalable cloud infrastructure for community applications.
AI editor for content creation and workflow optimization in platforms.
Platform for enhancing member interactions and knowledge sharing.
Facilitates online document collaboration and connectivity features.
Offers insights for monitoring and improving community activities.
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Funding Insights of Open Social
Open Social has successfully raised a total of $1.42M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.42 million completed in July 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.4M
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First Round
First Round
(14 Jul 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2020 | Amount | Seed - Open Social | Valuation | Peak , Nimbus Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Open Social
Open Social has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Peak and Nimbus Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage tech investments in Europe are targeted by Peak.
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Founded Year | Domain | Location | |
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Venture capital funding is provided by Nimbus Ventures for tech companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Open Social
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Open Social
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Open Social Comparisons
Competitors of Open Social
Open Social operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Virtuous, i3 Verticals, Daxko, Blackbaud and Classy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based software for nonprofit fundraising and donor management is offered.
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| domain | founded_year | HQ Location |
Payment processing solutions are provided for diverse business verticals.
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| domain | founded_year | HQ Location |
Cloud-based solutions are delivered for nonprofit organizations' operations.
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| domain | founded_year | HQ Location |
Cloud-based software solutions for nonprofit organizations are offered.
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| domain | founded_year | HQ Location |
Funds are raised for non-profits via online and mobile tools.
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| domain | founded_year | HQ Location |
Web-based engagement software for associations and non-profits is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Open Social
Frequently Asked Questions about Open Social
When was Open Social founded?
Open Social was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Open Social located?
Open Social is headquartered in Amsterdam, Netherlands.
Who is the current CEO of Open Social?
Taco Potze is the current CEO of Open Social. They have also founded this company.
Is Open Social a funded company?
Open Social is a funded company, having raised a total of $1.42M across 1 funding round to date. The company's 1st funding round was a Seed of $1.42M, raised on Jul 14, 2020.
What does Open Social do?
Open Social was founded in 2016 in Amsterdam, Netherlands, as a provider of community management software targeted at nonprofits. The software includes features for account and profile management, information handling, notifications, collaboration tools, and social integrations. Solutions offered encompass social intranets, knowledge platforms, e-learning systems, and community tools. Clients served include SAP, the European Aviation Safety Agency, the SDG Philanthropy Platform, and various United Nations organizations.
Who are the top competitors of Open Social?
Open Social's top competitors include i3 Verticals, Daxko and Virtuous.
What products or services does Open Social offer?
Open Social offers Community Management System, Cloud Platform, Gaia AI, Engagement Studio, and 2 more products and services.
Who are Open Social's investors?
Open Social has 2 investors. Key investors include Peak, and Nimbus Ventures.
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