About OpenMethods
OpenMethods is a company based in Los Angeles (United States) founded in 2010.. OpenMethods has raised $7.45 million across 3 funding rounds from investors including NewRoad Capital Partners and Kayne Anderson Capital Advisors. The company has 25 employees as of December 31, 2023. OpenMethods offers products and services including Integration Platform and Guided Agent Experiences. OpenMethods operates in a competitive market with competitors including Verint, Capacity, SaaS Labs, Replicant and Luminai, among others.
- Headquarter Los Angeles, United States
- Employees 25 as on 31 Dec, 2023
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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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- Legal Name Openmethods Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.45 M (USD)
in 3 rounds
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Latest Funding Round
$1.5 M (USD), Series A
May 30, 2017
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Investors
NewRoad Capital Partners
& 1 more
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Employee Count
25
as on Dec 31, 2023
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Products & Services of OpenMethods
OpenMethods offers a comprehensive portfolio of products and services, including Integration Platform and Guided Agent Experiences. 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.
Unifies systems for efficient customer interactions and data access
Automates agent tasks to reduce handle times and errors
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Funding Insights of OpenMethods
OpenMethods has successfully raised a total of $7.45M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.5 million completed in May 2017. 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 A — $1.5M
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First Round
First Round
(24 Sep 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Series A - OpenMethods | Valuation |
investors |
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| Dec, 2015 | Amount | Series A - OpenMethods | Valuation | NewRoad Capital Partners , Kayne Anderson Capital Advisors |
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| Sep, 2015 | Amount | Seed - OpenMethods | Valuation |
investors |
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| 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 OpenMethods
OpenMethods has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include NewRoad Capital Partners and Kayne Anderson Capital Advisors. 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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An operator-led investment firm focused on smarter commerce solutions.
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Founded Year | Domain | Location | |
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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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Founded Year | Domain | Location | |
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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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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 OpenMethods
| 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 - OpenMethods
| 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 |
Openmethods Comparisons
Competitors of OpenMethods
OpenMethods 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 Verint, Capacity, SaaS Labs, Replicant and Luminai, 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 |
AI-powered customer experience automation solutions are provided by Verint.
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| domain | founded_year | HQ Location |
AI-based data integration and knowledge management solutions are offered.
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| domain | founded_year | HQ Location |
Automation and a phone system for customer support
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| domain | founded_year | HQ Location |
Contact center solutions are offered for customer service automation.
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| domain | founded_year | HQ Location |
Artificial intelligence based platform offering internal workflow automation solutions
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| domain | founded_year | HQ Location |
Provider of NUI services
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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 Openmethods
Frequently Asked Questions about OpenMethods
When was OpenMethods founded?
OpenMethods was founded in 2010 and raised its 1st funding round 5 years after it was founded.
Where is OpenMethods located?
OpenMethods is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is OpenMethods a funded company?
OpenMethods is a funded company, having raised a total of $7.45M across 3 funding rounds to date. The company's 1st funding round was a Seed of $950K, raised on Sep 24, 2015.
How many employees does OpenMethods have?
As of Dec 31, 2023, the latest employee count at OpenMethods is 25.
What does OpenMethods do?
Founded in 2010 and based in Los Angeles, United States, OpenMethods operates in the SaaS sector for contact centers. Telephony platforms such as Genesys, Cisco, and Avaya are integrated with Oracle Service Cloud to form unified agent desktops and universal queues. PopFlow is utilized to automate workflows from IVR data into Oracle Service Cloud and connected applications. Visual tools in PopFlow Studio allow data and workflows to be interconnected.
Who are the top competitors of OpenMethods?
What products or services does OpenMethods offer?
OpenMethods offers Integration Platform and Guided Agent Experiences.
Who are OpenMethods's investors?
OpenMethods has 2 investors. Key investors include NewRoad Capital Partners, and Kayne Anderson Capital Advisors.
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