About Opun
Opun is a company based in London (United Kingdom) founded in 2015 was acquired by John Lewis Partnership in June 2018.. Opun has raised $5.47 million across 2 funding rounds from investors including Aviva and John Lewis Partnership. Opun operates in a competitive market with competitors including Plentific, Just Move In, 1roof, AnyTrades and House At Work, among others.
- Headquarter London, United Kingdom
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Sectors
Business ServicesReal Estate & Construction Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Opun Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.47 M (USD)
in 2 rounds
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Latest Funding Round
$4.23 M (USD), Series A
Apr 11, 2016
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Investors
Aviva
& 1 more
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Employee Count
Employee Count
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Acquired by
John Lewis Partnership
(Jun 04, 2018)
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Funding Insights of Opun
Opun has successfully raised a total of $5.47M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.23 million completed in April 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 — $4.2M
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First Round
First Round
(25 Feb 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Series A - Opun | Valuation |
investors |
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| Feb, 2015 | Amount | Seed - Opun | 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 Opun
Opun has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Aviva and John Lewis Partnership. 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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Insurance and asset management services are offered in multiple regions.
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Founded Year | Domain | Location | |
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Two retail chains are operated as an employee-owned partnership.
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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 Opun
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Opun
| 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 |
Opun Comparisons
Competitors of Opun
Opun 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 Plentific, Just Move In, 1roof, AnyTrades and House At Work, 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 |
SaaS solutions for property maintenance and repair management are provided.
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| domain | founded_year | HQ Location |
Online platform to discover and list home improvement services
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| domain | founded_year | HQ Location |
Marketplace for home improvement professionals
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| domain | founded_year | HQ Location |
Homeowners are connected with vetted tradespeople for improvement projects.
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| domain | founded_year | HQ Location |
Bidding platform for home improvement projects
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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 Opun
Frequently Asked Questions about Opun
When was Opun founded?
Opun was founded in 2015.
Where is Opun located?
Opun is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Opun a funded company?
Opun is a funded company, having raised a total of $5.47M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.24M, raised on Feb 25, 2015.
What does Opun do?
Opun is an online platform for Home improvement and Home remodeling services. Users can schedule the visit of service professional at a time of their convenience, approve the work done and pay online on the platform.Trade partners can join the platform on invitation only basis. It is working in partnership with Kent County Council Trading Standards under Primary Authority Scheme. The company founders have 40 years of experience in managing professional in-home services.
Who are the top competitors of Opun?
Opun's top competitors include Plentific, Just Move In and 1roof.
Who are Opun's investors?
Opun has 2 investors. Key investors include Aviva, and John Lewis Partnership.
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