About OpenLegacy
OpenLegacy is a company based in Princeton (United States) founded in 2014.. OpenLegacy has raised $50 million across 3 funding rounds from investors including BNP Paribas, SBI Group and Prytek. OpenLegacy offers products and services including OpenLegacy Hub. OpenLegacy operates in a competitive market with competitors including Paragon, Cloud Elements, Pipedream, Kloudless and AppBus, among others.
- Headquarter Princeton, United States
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Sectors
Technology
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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
$50 M (USD)
in 3 rounds
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Latest Funding Round
$20 M (USD), Series B
Jan 31, 2020
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Investors
BNP Paribas
& 10 more
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Employee Count
Employee Count
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Products & Services of OpenLegacy
OpenLegacy offers a comprehensive portfolio of products and services, including OpenLegacy 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.
Generates APIs for legacy systems without changes or disruptions.
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Funding Insights of OpenLegacy
OpenLegacy has successfully raised a total of $50M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in January 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 3
- Last Round Series B — $20.0M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2020 | Amount | Series B - OpenLegacy | Valuation | SBI Group |
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| Nov, 2018 | Amount | Series B - OpenLegacy | Valuation | Silverhorn | |
| Jun, 2014 | Amount | Seed - OpenLegacy | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 OpenLegacy
OpenLegacy has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include BNP Paribas, SBI Group and Prytek. 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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Venture capital funding is provided to FinTech startups by CommerzVentures.
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Early-growth technology startups are supported by Elron Ventures.
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VC firm investing in tech startups
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 OpenLegacy
| 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 - OpenLegacy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Openlegacy Comparisons
Competitors of OpenLegacy
OpenLegacy 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 Paragon, Cloud Elements, Pipedream, Kloudless and AppBus, 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 |
API integration solutions are facilitated via a workflow platform.
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| domain | founded_year | HQ Location |
API integration platform
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| domain | founded_year | HQ Location |
Cloud-based API integration platform for event-driven workflows is offered.
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Cloud storage services are unified through API integration platform.
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| domain | founded_year | HQ Location |
API integration and automation solutions are provided for developers.
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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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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 Openlegacy
Frequently Asked Questions about OpenLegacy
When was OpenLegacy founded?
OpenLegacy was founded in 2014.
Where is OpenLegacy located?
OpenLegacy is headquartered in Princeton, United States. It is registered at Princeton, New Jersey, United States.
Who is the current CEO of OpenLegacy?
Ron Rabinowitz is the current CEO of OpenLegacy.
Is OpenLegacy a funded company?
OpenLegacy is a funded company, having raised a total of $50M across 3 funding rounds to date.
What does OpenLegacy do?
OpenLegacy provides OpenSource API platform for automated legacy modernization and integration. Enables enterprises to extend on premise systems to mobile, web and cloud applications. Product line includes iSuite for IBM System i AS400 systems, zSuite for IBM systemz mainframe, eSuite Integration Platform for integrating backend systems to mobile, cloud to deliver solutions such as online banking, mobile apps for the manufacturing floor. Selected as a cool vendor for integration by Gartner.
Who are the top competitors of OpenLegacy?
OpenLegacy's top competitors include Paragon, StackOne and Cloud Elements.
What products or services does OpenLegacy offer?
OpenLegacy offers OpenLegacy Hub.
Who are OpenLegacy's investors?
OpenLegacy has 11 investors. Key investors include BNP Paribas, SBI Group, Prytek, BNP Paribas Cardif, and Elron Ventures.
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