About Openhouse
Openhouse is a company based in Bengaluru (India) founded in 2018 by Akshay Rampuria and Yashovardhan Poddar. It operates as a Subscription Services, On-Demand Services, and EduTech. Openhouse has raised $17.07 million across 3 funding rounds from investors including Accel, Matrix Partners India and GSV Ventures. The company has 110 employees as of July 07, 2024. Openhouse offers products and services including Preschool Program, Daycare Services, Extra Curricular Club, and Weekend Playdates.
- Headquarter Bengaluru, India
- Employees 110 as on 07 Jul, 2024
- Founders Akshay Rampuria, Yashovardhan Poddar
- Stage Minicorn
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Sectors
Education
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Openhouse Technologies Private Limited
- Date of Incorporation 17 Apr, 2018
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$761.01 K (USD)226.42as on Mar 31, 2023
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Net Profit
-$2.7 M (USD)-88.68as on Mar 31, 2023
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EBITDA
-$2.72 M (USD)-80.8as on Mar 31, 2023
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Total Equity Funding
$17.07 M (USD)
in 3 rounds
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Latest Funding Round
$11.02 M (USD), Series A
Oct 03, 2022
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Investors
Accel
& 6 more
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Employee Count
110
as on Jul 07, 2024
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Products & Services of Openhouse
Openhouse offers a comprehensive portfolio of products and services, including Preschool Program, Daycare Services, Extra Curricular Club, and Weekend Playdates.
Progressive learning is offered for children aged 1-4.
Safe daycare is provided for young children daily.
Hobbies like robotics are taught to children aged 3-8.
Playful experiences are organized for kids aged 1-5.
People of Openhouse
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Funding Insights of Openhouse
Openhouse has successfully raised a total of $17.07M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $11.02 million completed in October 2022. 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.
Investors in Openhouse
Openhouse has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Accel, Matrix Partners India and GSV Ventures.
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Accel is recognized as a leading venture capital firm.
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Ed-tech startups are funded by GSV Ventures through venture capital.
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Investor details for Openhouse
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Investments & Acquisitions by Openhouse
Investment portfolio details for Openhouse
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Financial Statements - Openhouse
Detailed financials for Openhouse
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Openhouse Comparisons
Peer comparison for Openhouse
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Competitors of Openhouse
Detailed competitors of Openhouse
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Latest news on Openhouse
Complete news archive for Openhouse
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Frequently Asked Questions about Openhouse
Openhouse was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Openhouse is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Openhouse is a funded company, having raised a total of $17.07M across 3 funding rounds to date.
As of Jul 07, 2024, the latest employee count at Openhouse is 110.
Annual revenue of Openhouse is $761.01K as on Mar 31, 2023.
Openhouse is operated as a family learning centre based in Bangalore and Kolkata, India. Services such as preschool, daycare, extra-curricular activities, and weekend workshops are provided for children. Thoughtfully designed spaces with global standards are maintained for growing minds and busy parents. Multiple locations across Bangalore and Kolkata are established to bring accessible, high-quality education and childcare to neighborhoods.
Openhouse offers Preschool Program, Daycare Services, Extra Curricular Club, and Weekend Playdates.
Openhouse has 7 investors. Key investors include Accel, Matrix Partners India, GSV Ventures, Z47, and Blue Wolf Capital Partners.
The valuation of Openhouse is $44.45M as of Oct 2022.