About OpenSpan
OpenSpan is a company based in Alpharetta (United States) founded in 2005 was acquired by Pegasystems in April 2016.. OpenSpan has raised $32 million across 5 funding rounds from investors including Pegasystems, Atlanta Technology Angels and In-Q-Tel. The company has 117 employees as of December 31, 2022. OpenSpan operates in a competitive market with competitors including Calabrio, Intradiem, Assembled, Nudge and AmplifAI, among others.
- Headquarter Alpharetta, United States
- Employees 117 as on 31 Dec, 2022
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Openspan, 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
$32 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Pegasystems
& 6 more
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Employee Count
117
as on Dec 31, 2022
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Acquired by
Pegasystems
(Apr 12, 2016)
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Software Development Team
277 people
Leadership Team
63 people
Product Management Team
62 people
Senior Team
58 people
Principal Team
39 people
Human Resources and Administration
30 people
Finance and Accounting
26 people
Legal and Compliance
15 people
Unlock access to complete
Funding Insights of OpenSpan
OpenSpan has successfully raised a total of $32M across 5 strategic funding rounds. 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 5
- Last Round Last Round
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First Round
First Round
(01 Jan 2005)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2011 | Amount | Series D - OpenSpan | Valuation |
investors |
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| Jul, 2008 | Amount | Series C - OpenSpan | Valuation |
investors |
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| Nov, 2006 | Amount | Series B - OpenSpan | 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 OpenSpan
OpenSpan has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Pegasystems, Atlanta Technology Angels and In-Q-Tel. 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 firm
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Founded Year | Domain | Location | |
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VC firm investing in companies in the US
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Founded Year | Domain | Location | |
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Early-stage ventures are funded by the investment firm.
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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 OpenSpan
| 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 - OpenSpan
| 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 |
Openspan Comparisons
Competitors of OpenSpan
OpenSpan 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 Calabrio, Intradiem, Assembled, Nudge and AmplifAI, 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 |
Workforce optimization software for contact centers is developed and provided.
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| domain | founded_year | HQ Location |
Automation solutions for contact centers, retails and back offices
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| domain | founded_year | HQ Location |
Workforce management portal for technology students is developed.
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| domain | founded_year | HQ Location |
An online platform is operated for employee engagement and insights.
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| domain | founded_year | HQ Location |
AI-powered contact center performance and CX management platform is provided.
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| domain | founded_year | HQ Location |
Investors are connected with startups via an online communication platform.
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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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Frequently Asked Questions about OpenSpan
When was OpenSpan founded?
OpenSpan was founded in 2005.
Where is OpenSpan located?
OpenSpan is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.
Is OpenSpan a funded company?
OpenSpan is a funded company, having raised a total of $32M across 5 funding rounds to date. The company's 1st funding round was a Series B of $8M, raised on Jan 01, 2005.
How many employees does OpenSpan have?
As of Dec 31, 2022, the latest employee count at OpenSpan is 117.
What does OpenSpan do?
OpenSpan was founded in 2005 in Alpharetta, United States, focusing on the enterprise software sector for robotic process automation and workforce analytics. Software solutions such as OpenSpan Intelligence for workforce insights, OpenSpan RPA for transactional automation, OpenSpan Robotic Desktop Automation for desktop tasks, and OpenSpan Transformation for strategy building are provided. The company was acquired by Pegasystems in April 2016.
Who are the top competitors of OpenSpan?
Who are OpenSpan's investors?
OpenSpan has 7 investors. Key investors include Pegasystems, Atlanta Technology Angels, In-Q-Tel, Globespan Capital Partners, and Matrix.