About OpenTempo
OpenTempo is a company based in Burlington (United States) founded in 2013 was acquired by QGenda in July 2019.. OpenTempo has raised $3.5 million across 2 funding rounds from investors including QGenda. OpenTempo offers products and services including Workforce Scheduling, Time and Attendance, Credentialing, Workforce Analytics, and On-Call. OpenTempo operates in a competitive market with competitors including OnShift, Navenio, Laudio, DropStat and COVR, among others.
- Headquarter Burlington, United States
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Sectors
HealthcareTechnology
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Phone
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Website
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Social
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Products & Services of OpenTempo
OpenTempo offers a comprehensive portfolio of products and services, including Workforce Scheduling, Time and Attendance, Credentialing, Workforce Analytics, and On-Call. 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.
Manages optimized schedules for care teams in healthcare.
Streamlines tracking and pay calculations for staff.
Handles provider credentialing processes efficiently.
Optimizes workforce utilization and space resources.
Centralizes on-call schedules for better coordination.
Funding Insights of OpenTempo
OpenTempo has successfully raised a total of $3.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.25 million completed in August 2016. 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 2
- Last Round Series A — $1.2M
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First Round
First Round
(14 Feb 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Series A - OpenTempo | Valuation |
investors |
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| Feb, 2013 | Amount | Series A - OpenTempo | 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 OpenTempo
OpenTempo has secured backing from 1 investor. Prominent investors backing the company include QGenda. 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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Automated physician scheduling and workforce management are delivered via SaaS.
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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 OpenTempo
| 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 - OpenTempo
| 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 |
Opentempo Comparisons
Competitors of OpenTempo
OpenTempo 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 OnShift, Navenio, Laudio, DropStat and COVR, 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 |
Staff scheduling software for healthcare facilities is developed and provided.
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| domain | founded_year | HQ Location |
Sensor-based location monitoring systems are provided for healthcare workforce.
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| domain | founded_year | HQ Location |
Staff management platform for hospital scheduling is provided.
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| domain | founded_year | HQ Location |
Staff scheduling and communication software for healthcare is provided.
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| domain | founded_year | HQ Location |
Staff management solutions for gynecologist clinics are offered.
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| domain | founded_year | HQ Location |
Online platform connecting home health agencies with HCPs
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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 Opentempo
Frequently Asked Questions about OpenTempo
When was OpenTempo founded?
OpenTempo was founded in 2013.
Where is OpenTempo located?
OpenTempo is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Is OpenTempo a funded company?
OpenTempo is a funded company, having raised a total of $3.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2.25M, raised on Feb 14, 2013.
What does OpenTempo do?
OpenTempo was founded in 2013 and is headquartered in Burlington, United States. Cloud-based software is developed for workforce management in private and academic healthcare organizations. Tools for clinician and call scheduling, time and attendance tracking, payroll processing, and workforce analytics are included. Patient demand forecasting and acuity management features are supported, along with real-time tracking of compensation and cost centers. Reporting functions are also integrated.
Who are the top competitors of OpenTempo?
What products or services does OpenTempo offer?
OpenTempo offers Workforce Scheduling, Time and Attendance, Credentialing, Workforce Analytics, and On-Call.
Who are OpenTempo's investors?
OpenTempo has 1 investor. Key investors include QGenda.