About OpenMarket
OpenMarket is a company based in Seattle (United States) founded in 1999 was acquired by Infobip in November 2020.. OpenMarket offers products and services including SMS API, MMS API, RCS API, and Conversations. OpenMarket operates in a competitive market with competitors including Townsquare Media, AKQA, Prophet, Tinuiti and Advantage Solutions, among others.
- Headquarter Seattle, United States
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Sectors
Business ServicesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Openmarket, Inc
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Products & Services of OpenMarket
OpenMarket offers a comprehensive portfolio of products and services, including SMS API, MMS API, RCS API, and Conversations. 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.
API for secure global SMS transmission and delivery.
Platform for sending rich media messages to customers.
API enabling interactive RCS communications for businesses.
Cloud solution for omnichannel customer interactions.
Funding Insights of OpenMarket
| 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 OpenMarket
OpenMarket has secured backing from 1 investor. Prominent investors backing the company include Infobip. 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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Cloud-based messaging and communication solutions are provided for enterprises.
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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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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by OpenMarket
| 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 - OpenMarket
| 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 |
Openmarket Comparisons
Competitors of OpenMarket
OpenMarket 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 Townsquare Media, AKQA, Prophet, Tinuiti and Advantage Solutions, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Media Company focused on radio broadcasting, live events, marketing solutions
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| domain | founded_year | HQ Location |
Integrated digital marketing campaigns are developed and executed across channels.
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| domain | founded_year | HQ Location |
Brand and marketing consulting solutions provider
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| domain | founded_year | HQ Location |
Digital marketing services including paid search and e-commerce are provided.
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| domain | founded_year | HQ Location |
Consumer packaged goods sales and digital marketing services are provided.
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| domain | founded_year | HQ Location |
Advertising and marketing services are delivered globally by Interpublic.
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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 Openmarket
Frequently Asked Questions about OpenMarket
When was OpenMarket founded?
OpenMarket was founded in 1999.
Where is OpenMarket located?
OpenMarket is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
What does OpenMarket do?
OpenMarket was founded in 1999 and is headquartered in Seattle, United States. Operations focus on the messaging marketing sector, where a platform is offered to facilitate customer connections via SMS, MMS, and RCS campaigns. Services support use cases including sales, marketing, delivery confirmations, authentication, and protection. Campaign management is handled, along with performance insights, through the domain openmarket.com.
Who are the top competitors of OpenMarket?
OpenMarket's top competitors include S⁴Capital, Townsquare Media and Tinuiti.
What products or services does OpenMarket offer?
OpenMarket offers SMS API, MMS API, RCS API, and Conversations.
Who are OpenMarket's investors?
OpenMarket has 1 investor. Key investors include Infobip.