About Open
Open is a company based in San Francisco (United States) founded in 2018 by Peter Tseng. It operates as a Subscription Services. Open has raised $14.4 million across 2 funding rounds from investors including Founders Fund, A.Capital and Susa Ventures. Open offers products and services including Guided Meditation, Breathwork, and Movement and Sound. Open operates in a competitive market with competitors including Xponential Fitness, Equinox, Lululemon Studio, Club Pilates and Stretch Zone, among others.
- Headquarter San Francisco, United States
- Founders Peter Tseng
- SectorsHealthcare
- Website category Business and Consumer Services · Business Services
- Website o-p-e-n.com
- Social LinkedIn Instagram
- Legal Name Open Inc.
- Total Equity Funding$14.4M (USD)
in 2 rounds
- Latest Funding Round$9M (USD), Series A
Oct 2021
- InvestorsFounders Fund
& 3 more
Products & Services of Open
Open offers a comprehensive portfolio of products and services, including Guided Meditation, Breathwork, and Movement and Sound.
Guided meditation sessions are offered for mindfulness practice.
Breathwork exercises are provided to enhance present awareness.
Movement and sound activities are designed for mindfulness.
Apps and channels of Open
Open publishes 1 mobile app.
Funding Insights of Open
Open has successfully raised a total of $14.4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in October 2021. 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 $14.4M
- Total Rounds 2
- Last Round Series A — $9M
- First Round $5.4M
(Dec 2019)
- Investors Count 4
All 2 funding rounds of Open with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $9M | Series A | – | Founders Fund, A.Capital Ventures | |
| Dec 2019 | $5.4M | Series A | – | – | – |
4 investors in total: 4 institutional.
Investors in Open
Open has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Founders Fund, A.Capital and Susa Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology and defense sectors. | – | foundersfund.com | - | |
Early-stage companies are invested in by A.Capital Ventures. | – | acapital.com | Menlo Park, United States | |
Venture capital firm investing in early-stage companies across fintech, healthcare, and multiple sectors | – | susaventures.com | San Francisco, United States | |
Technology sectors are targeted for venture capital investments. | – | aglaeventures.com | Paris, France |
Investor details for Open
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Open
13 people are tracked at Open (6 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Peter Tseng | Co-Founder & CTO | Leadership |
Manoj Dias | Co-Founder & VP of Mindfulness | Leadership |
Raed Khawaja | CEO & co-Founder | Leadership |
Addison Williams | General Manager | Leadership |
Becca James | VP Of Marketing | Leadership |
Makeda Diggs | Head Of Performance Marketing | Leadership |
Brandon Engel | Audio Engineer | Team |
Ciera Akins | Studio Operations Crew | Team |
Alex Crosby | Product & Operations | Team |
Olivia Otten | Yoga And Meditation Teacher | Team |
Andrew Henry Mendoza | Creative Specialist | Team |
Gabriel Collins | Operations | Team |
Sophie Minteer | Marketing Manager | Team |
Complete people profiles for Open
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Open
3 dated milestones of Open across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Open is founded.
- Funding First funding round of $5.4M.
- Funding Latest funding round, Series A, of $9.0M.
Competitors of Open
Open 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 Xponential Fitness, Equinox, Lululemon Studio, Club Pilates and Stretch Zone, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| xponential.com | 1999 | Irvine, United States | – | 877 | Branding services are provided to clients by Xponential Fitness. | |
| equinox.com | 1991 | New York, United States | – | – | Equinox is recognized as a premium fitness and wellness provider. | |
| lululemonstudio.com | 2010 | New York, United States | $80.8M | – | Online fitness classes are offered via membership access. | |
| clubpilates.com | 2000 | Irvine, United States | – | – | Pilates-based fitness and wellness centers are operated nationwide. | |
| stretchzone.com | 2004 | Fort Lauderdale, United States | – | – | A chain of fitness centers offering stretching services is operated. | |
| obefitness.com | 2018 | Brooklyn, United States | $19.22M | – | Fitness workouts and classes are offered online by OBE Fitness. | |
| evolutionwellness.com | 2017 | Annapolis, United States | – | – | Network of fitness and wellness brands offering club memberships. It operates a portfolio of fitness brands, each with a distinct identity. The network includes a proprietary membership management system. Licensing opportunities are available for select brands. The company aims to create a comprehensive wellness ecosystem for its members. | |
| powerlife.com | 2012 | Des Moines, United States | – | – | A chain of yoga and fitness centers is operated. | |
| archamenity.com | 1973 | Rockville, United States | – | – | Provider of spa & wellness services | |
| exhalespa.com | 2003 | New York, United States | – | – | Fitness, wellness, and spa services are offered across multiple locations. |
Detailed competitors of Open
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Open
The website of Open (o-p-e-n.com) receives about 537.8K visits a month and ranks #111,685 among all websites worldwide, #2,892 in Business Services.
- Monthly visits537.8K
▲ 45.3% vs previous month
- Unique visitors170.2K
per month
- Global rank#111,685
among all websites
- Category rank#2,892
Business and Consumer Services · Business Services
- Bounce rate34%
- Pages per visit3.8
- Average visit1 min 25 sec
- DevicesDesktop 16% · Mobile 84%
Websites whose visitors overlap most with Open. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tryatria.com | 100% | 387.1K | #122,881 | View details |
Similar companies to Open
10 companies that operate in the same segment as Open (Wellness & Preventive Health), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 713.57 M | – | – | |
Operates and franchises fitness clubs | 2002 | – | USD 4.49 M | – | 340 | |
Investment and holding company | 1970 | London, England, United Kingdom | USD 118.2 M | – | – | |
Operator of fitness chain | 1992 | Newington, United States | – | USD 1.32 B | 3,810 | |
Chain of fitness centers | 2003 | West Jordan, Utah, United States | USD 200 M | USD 61.52 K | – | |
Provider of group fitness classes and interval training programs. These programs combine strength and cardio training to improve metabolism and bui... | 2010 | Boca Raton, Florida, United States | USD 250 M | – | – | |
Chain of fitness centers | 1992 | Chanhassen, Minnesota, United States | – | USD 3 B | 42,000 | |
Health and wellness services are provided through multiple therapies. | 2015 | Austin, Texas, United States | USD 176.53 M | – | – | |
Equinox is recognized as a premium fitness and wellness provider. | 1991 | New York, New York, United States | – | – | – | |
Branding services are provided to clients by Xponential Fitness. | 1999 | Irvine, California, United States | – | USD 314.88 M | 432 |
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Frequently Asked Questions about Open
Open was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Open is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Open is a funded company, having raised a total of $14.4M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.4M, raised on Dec 2019.
Open is recognized as a mindfulness studio where breathwork, meditation, movement, and sound are utilized to awaken body and mind, bringing individuals to the present moment. Services are offered both digitally through apps and in-person at physical locations. The focus is placed on creating a space for sensory engagement and personal wellness within the health and mindfulness sector.
Open's top competitors include Equinox, Xponential Fitness and obe Fitness.
Open offers Guided Meditation, Breathwork, and Movement and Sound.
Open has 4 investors. Key investors include Founders Fund, A.Capital, Susa Ventures, and Aglae Ventures.
Open operates through Open Inc..
Yes. Open publishes Open: Breathwork + Meditation.
The website of Open receives about 538 thousand visits a month and ranks #111,685 among all websites worldwide.