OpenClose

West Palm Beach, United States Founded: 1999 • Age: 27 yrs Acquired By MeridianLink
Web-based mortgage lending solutions are delivered to financial institutions.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About OpenClose

OpenClose is a company based in West Palm Beach (United States) founded in 1999 was acquired by MeridianLink in November 2022. OpenClose offers products and services including Loan Origination System (LOS), Mortgage LOS, Deposit Account Opening, and Data & Reporting. OpenClose operates in a competitive market with competitors including SimpleNexus, Roostify, Cloudvirga, BlueSage and Vesta, among others.

  • Headquarter West Palm Beach, United States
  • Sectors
    Financial Services
  • Phone
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  • Website
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  • Social
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    MeridianLink

    (Nov 07, 2022)

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Products & Services of OpenClose

OpenClose offers a comprehensive portfolio of products and services, including Loan Origination System (LOS), Mortgage LOS, Deposit Account Opening, and Data & Reporting.

Product name locked
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Primary

SaaS software for efficient loan processing in financial institutions

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Platform for integrated digital mortgage experiences and closing

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System for quick and secure account opening processes

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Tools to drive profitability through origination data analysis

People of OpenClose

Headcount 50-200
Employee Profiles 6
Employee Profiles
People
Shelby Rose
Software Automation Engineering Specialist
People
Kenneth Ellis
Key Account Director

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Funding Insights of OpenClose

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Detailed funding history for OpenClose

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
  • Participating investors
  • Valuation history

Verified entity values are shown only after access is granted.

Investors in OpenClose

OpenClose has secured backing from 1 investor. Prominent investors backing the company include MeridianLink.

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Investor Description Founded Year Domain Location
Loan lifecycle management systems are provided for lenders and institutions.
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Investor details for OpenClose

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by OpenClose

Investments
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Investment portfolio details for OpenClose

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - OpenClose

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Detailed financials for OpenClose

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Openclose Comparisons

OpenClose Primary company
Description
Web-based mortgage lending solutions are delivered to financ...
Location
West Palm Beach, United States
Founded Year
1999
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for OpenClose

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of OpenClose

OpenClose 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 SimpleNexus, Roostify, Cloudvirga, BlueSage and Vesta, among others.

Company Name Domain Founded year HQ Location Description
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Loan life cycle management platforms are developed for mortgage lenders.
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Digital loan origination solutions are provided for mortgage lenders.
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Cloud-based automation of mortgage lending processes is provided.
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Cloud-based mortgage origination and customer engagement solutions are provided.
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Pillow and duvet cover products are provided by Vesta brand.
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Blockchain is applied to mortgage and insurance application processes.
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Detailed competitors of OpenClose

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Openclose

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Complete news archive for OpenClose

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about OpenClose

OpenClose was founded in 1999.

OpenClose is headquartered in West Palm Beach, United States. It is registered at West Palm Beach, Florida, United States.

Jason Regalbuto is the current CEO of OpenClose.

OpenClose provides a web-based mortgage lending solutions to financial institutions. Its main products are: 1.Lender Assist: Web-based loan origination software system (LOS).; 2.Decision Assist: Loan eligibility and pricing engine.; 3.Consumer Assist: Develops custom consumer websites and tools.; 4.Office Assist: Intranet suite designed specifically for lenders.; 5.Doc Assist: Loan document imaging, storage and retrieval solution.

OpenClose's top competitors include Cloudvirga, Floify and Acre.

OpenClose offers Loan Origination System (LOS), Mortgage LOS, Deposit Account Opening, and Data & Reporting.

OpenClose has 1 investor. Key investors include MeridianLink.

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