About OpenSky
OpenSky is a company based in New York (United States) founded in 2009 was acquired by Alibaba in September 2018.. OpenSky has raised $49.39 million across 4 funding rounds from investors including Alibaba.com, TÜV Rheinland Group and Canaan. OpenSky has completed 4 acquisitions, including 11 Main, Auctiva and DotandBo. OpenSky offers products and services including Email Sign-up Service. OpenSky operates in a competitive market with competitors including Amazon, Zulily, Wish Shopping, Gilt and FabFitfun, among others.
- Headquarter New York, United States
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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- Legal Name Open Sky
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$49.39 M (USD)
in 4 rounds
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Latest Funding Round
$30 M (USD), Series C
Oct 24, 2011
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Investors
Alibaba.com
& 5 more
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Employee Count
Employee Count
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Investments & Acquisitions
11 Main
& 3 more
- Acquired by
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Products & Services of OpenSky
OpenSky offers a comprehensive portfolio of products and services, including Email Sign-up Service. 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.
Platform for signing up to receive travel updates and promotions
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Sales and Marketing
52 people
Human Resources and Administration
47 people
Software Development Team
36 people
Leadership Team
29 people
Legal and Compliance
17 people
Product Management Team
10 people
Head Team
9 people
Operations Team
4 people
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Funding Insights of OpenSky
OpenSky has successfully raised a total of $49.39M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in October 2011. 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 4
- Last Round Series C — $30.0M
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First Round
First Round
(01 Jun 2009)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2011 | Amount | Series C - OpenSky | Valuation | Providence Equity Partners , Raine | |
| Apr, 2011 | Amount | Series B - OpenSky | Valuation |
investors |
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| Jan, 2011 | Amount | Series B - OpenSky | Valuation | Highland Capital Partners , Canaan |
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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 OpenSky
OpenSky has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Alibaba.com, TÜV Rheinland Group and Canaan. 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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Private equity investments in media, communications, education, and technology sectors.
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Founded Year | Domain | Location | |
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Canaan is recognized as an early-stage venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital investment and entrepreneur support services.
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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 OpenSky
OpenSky has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include 11 Main, Auctiva and DotandBo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Marketplace for Specialty shops & boutiques
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2013 | ||||
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Curated home furniture and decor products are offered online.
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2013 | ||||
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Multi-channel e-commerce management is provided for merchants across online platforms.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - OpenSky
| 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 |
Opensky Comparisons
Competitors of OpenSky
OpenSky 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 Amazon, Zulily, Wish Shopping, Gilt and FabFitfun, 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 |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Online shopping platform is operated via flash sales by Zulily.
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| domain | founded_year | HQ Location |
Online marketplace platform offering multi-category consumer products
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| domain | founded_year | HQ Location |
Fashion products and accessories are sold via an online platform.
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| domain | founded_year | HQ Location |
Online retailer offering subscription-based multi-category products
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| domain | founded_year | HQ Location |
Multi-category products such as electronics and fashion are retailed online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Opensky
Frequently Asked Questions about OpenSky
When was OpenSky founded?
OpenSky was founded in 2009.
Where is OpenSky located?
OpenSky is headquartered in New York, United States. It is registered at New York, New York, United States.
Is OpenSky a funded company?
OpenSky is a funded company, having raised a total of $49.39M across 4 funding rounds to date. The company's 1st funding round was a Series B of $6.35M, raised on Jun 01, 2009.
What does OpenSky do?
OpenSky is the social shopping marketplace on webmobile that helps people discover, buy and share unique goods that match their individual taste. The company helps bloggers monetize their businesses by making it easy for them to sell products directly to readers and earn a cut of the resulting sales. Was recently named one of The Worlds 50 Most Innovative Companies (alongside Apple, Facebook, Google, Amazon, Twitter, Square, Airbnb, Dropbox and Kickstarter) by Fast Company in March 2012. Claims to have more than 3M members registered as of April 2015. Alibaba has struck a deal with OpenSky in August 2015 where 11 main, Auctiva, Vendio, and SingleFeed are to be added to OpenSky to become one entity. Alibaba has acquired a 37 stake in OpenSky as part of this deal.
Who are the top competitors of OpenSky?
What products or services does OpenSky offer?
OpenSky offers Email Sign-up Service.
How many acquisitions has OpenSky made?
Who are OpenSky's investors?
OpenSky has 6 investors. Key investors include Alibaba.com, TÜV Rheinland Group, Canaan, Providence Equity, and Highland Capital Partners.
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