Opyn Market

Wayne, United States Founded: 2015 • Age: 11 yrs
Revenue management and workers compensation services are provided.

About Opyn Market

Opyn Market is a Healthcare company based in Wayne (United States) founded in 2015. Revenue management and workers compensation services are provided. Opyn Market has raised $37.31 million across 3 funding rounds from investors including Artis Ventures and Phase 2 Partners. Its chief executive, as recorded, is Robert C Mortensen. Its focus areas include Services for Healthcare Providers, BPO and Revenue Cycle Management. Its competitors include Performant Financial, Sagility and Alpha II.

Company details

Opyn Market was established in 2015 and is based in Wayne, United States. Revenue management solutions and workers compensation services are offered to support business operations. Focus is placed on financial optimization and insurance coverage for employers. The company operates in the financial and insurance sectors, with leadership directed by CEO Robert C. Mortensen. Geographic emphasis remains on the U.S. market.

Key Metrics
  • Total Equity Funding
    $37.31M (USD)

    in 3 rounds

  • Latest Funding Round
    $7.31M (USD), Series C

    Mar 2024

  • Investors

Funding Insights of Opyn Market

Opyn Market has successfully raised a total of $37.31M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $7.31 million completed in March 2024. 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 $37.31M
  • Total Rounds 3
  • Last Round Series C β€” $7.31M
  • First Round $30M

    (Apr 2021)

  • Investors Count 2

All 3 funding rounds of Opyn Market with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2024$7.31MSeries C––
–
Apr 2023Debt – Conventional––
–
Apr 2021$30MSeries C–Artis Ventures
Valuation history

2 investors in total: 2 institutional.

Investors in Opyn Market

Opyn Market has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Artis Ventures and Phase 2 Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage startups are invested in by Artis Ventures.
av.coSan Francisco, United States
Delivers comprehensive solutions in financial services.
2019phase2partners.comSan Francisco, United States
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Investor details for Opyn Market

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People of Opyn Market

1 people are tracked at Opyn Market (1 in leadership).

NameRoleGroup
Robert C Mortensen
CEOLeadership
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Complete people profiles for Opyn Market

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Timeline of Opyn Market

3 dated milestones of Opyn Market across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Opyn Market is founded.
  2. Funding First funding round of $30.0M.
  3. Funding Latest funding round, Series C, of $7.3M.

Competitors of Opyn Market

Opyn Market has 3 listed competitors in our database. They include Performant Financial, Sagility and Alpha II.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
performantcorp.com1976Livermore, United States1,023
Recovery solutions for government obligations are provided by Performant Financial.
sagilityhealth.com2000Westminster, United States
Healthcare outsourcing, revenue management, and technology solutions are provided.
alphaii.com1983Tallahassee, United States96
Coding, compliance, and revenue analysis platforms are provided for healthcare.
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Detailed competitors of Opyn Market

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Web traffic of Opyn Market

Websites that share an audience with Opyn Market (myopyn.com).

Similar websites

Websites whose visitors overlap most with Opyn Market. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
opyn.co
100%
2.5K#7,372,205View details

Top companies in Healthcare Provider Support Services

3 companies that operate in the same segment as Opyn Market (Healthcare Provider Support Services) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of self funded health plan
2017New York, New York, United StatesUSD 224 M212
Provider of AI solutions for clinical, operational, and business outcomes
2005Princeton, New Jersey, United StatesUSD 1.13 BUSD 465.22 M5,442
AMN Healthcare is recognized as a leading healthcare staffing provider.
1985San Diego, California, United StatesUSD 2.73 B2,970
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Related news about Opyn Market

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Frequently Asked Questions about Opyn Market

Opyn Market was founded in 2015 and raised its 1st funding round 6 years after it was founded.

Opyn Market is headquartered in Wayne, United States.

Robert C Mortensen is the CEO of Opyn Market, as recorded in our data.

Opyn Market is a funded company, having raised a total of $37.31M across 3 funding rounds to date. The company's 1st funding round was a Series C of $30M, raised on Apr 2021.

Opyn Market was established in 2015 and is based in Wayne, United States. Revenue management solutions and workers compensation services are offered to support business operations. Focus is placed on financial optimization and insurance coverage for employers. The company operates in the financial and insurance sectors, with leadership directed by CEO Robert C. Mortensen. Geographic emphasis remains on the U.S. market.

Opyn Market's top competitors include Sagility, Performant Financial and Alpha II.

Opyn Market has 2 investors. Key investors include Artis Ventures, and Phase 2 Partners.

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