Companies · Cybersecurity

Open Inc.Winter 2024Active

San Francisco · CA, USA · Cybersecurity · refined from filed group “Other Technology · founded 2023 · https://open.cx

Diligence memoA one-page analyst read on Open Inc. — recommendation, valuation, rhythm, risks.
$5.4M
Total raised · real
1
Rounds
Latest step-up
Top 44%
Sector rank · raised
Series A
Latest stage · inferred · Wed Nov 27 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Open Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the cybersecurity sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.20× the median modeled value of Series A Cybersecurity companies in 2019–2021 (17 peers) — value vs value, same stage and era.
  • Within the normal band (120% of peer median) for its niche.
Dormant
  • Last raise 6.6 yr ago; this sector typically re-raises about every 15 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Cybersecurity

Open Inc. is one of 270 Cybersecurity companies tracked from San Francisco, CA, USA, on record since 2023. By capital raised it ranks mid-pack (ahead of 57% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Enterprise AI customer support

Open is an AI-powered, all-in-one customer support and communication platform — used in production by: Print.com, Mollie.com, Viva.com, More.com, Orderchamp.com, OneCarNow.com, and other major enterprise companies. We specialize in solving and automating complex support cases across email, web, phone, SMS, and WhatsApp. We’re a research-based company currently working on releasing Support-Bench, the world’s most comprehensive AI customer support benchmark. Our team consists of +3 programming language builders, a nationwide cybersecurity competition winner at age 16, and a dentist.

AI AssistantConversational AICustomer ServiceCustomer SupportGenerative AIai/mlcybersecurity
Find Open Inc. online

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
46
Investors (latest)
2018
Year incorporated
2019-11-27
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$50M$100M$150M$200MSeries A · 2019-11-27 Raised $5.4M (real) Modeled valuation $170M (est)$5.4M$170MSeries A2019

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$5.4M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$170.1M
Base estimate est.
$7.4M
Conservative case
$924.7M
Upside case
$24.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the cybersecurity sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.52×/yr
Annual markup
1.92×/yr upside case
6.0 yr
Elapsed time used
6.6 yr actual, capped for stale marks
cybersecurity
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
6.6 yr
On record since
2019
First round
1
Rounds on file
How it compares to the market

Benchmarked against 270 companies in Cybersecurity. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.9× of median
This company$5.4M
Sector median$6.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.0× of median
This company$5.4M
Sector median$5.6M
Modeled value — vs sector median (estimate, all stages) 3.7× above median
This company$170.1M
Sector median$45.4M

Raised more than 57% of sector peers (real $). Modeled value above 81% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #6 of 17.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Cequence Security, Inc. · Series A Raised $21.6M · modeled $428.0M (est)Securitize, Inc. · Series A Raised $24.9M · modeled $386.4M (est)Living Security, Inc. · Series A Raised $14.0M · modeled $328.7M (est)SecurEnds, Inc. · Series A Raised $15.0M · modeled $311.9M (est)Threat X, Inc. · Series A Raised $24.2M · modeled $213.8M (est)Variance, Inc. · Series A Raised $5.1M · modeled $160.8M (est)Live Labels Security LLc · Series A Raised $5.0M · modeled $147.9M (est)Fortress Security Holdings, LLC · Series A Raised $4.5M · modeled $141.8M (est)Mission Secure, Inc. · Series A Raised $10.7M · modeled $129.2M (est)Cyberinc Corp · Series A Raised $15.9M · modeled $116.6M (est)Secured Finance AG · Series A Raised $4.1M · modeled $98.0M (est)Open Inc. (this company) Raised $5.4M · modeled $170.1M (est)Open Inc.
CompanyStageRaised · realValue · estvs peer med.
Cequence Security, Inc.Series A$21.6M$428.0M3.02×
Securitize, Inc.Series A$24.9M$386.4M2.73×
Living Security, Inc.Series A$14.0M$328.7M2.32×
SecurEnds, Inc.Series A$15.0M$311.9M2.20×
Threat X, Inc.Series A$24.2M$213.8M1.51×
Open Inc. this companySeries A$5.4M$170.1M1.20×
Variance, Inc.Series A$5.1M$160.8M1.13×
Live Labels Security LLcSeries A$5.0M$147.9M1.04×
Fortress Security Holdings, LLCSeries A$4.5M$141.8M1.00×
Mission Secure, Inc.Series A$10.7M$129.2M0.91×
Cyberinc CorpSeries A$15.9M$116.6M0.82×
Secured Finance AGSeries A$4.1M$98.0M0.69×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$5.4M2019-11-27$24.5M$170.1M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$5.4M2019-11-27
    • First recorded raise — entered as Series A.
    • 46 investors on this round.
Intelligence
Modeled next raise
$8.6M
Modeled next size est.range $5.6M$13.8M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Raed Khawaja2019-11
Registry & provenance

Open Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1797791
SEC CIK
2018
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Uplevel Security, Inc.CybersecuritySeries A$5.3M$167.7Msame sector · same stage
Gray Swan Security Inc.CybersecuritySeries A$5.7M$34.0Msame sector · same stage
Phin Security, Inc.CybersecuritySeries A$5.7M$37.1Msame sector · same stage
Variance, Inc.CybersecuritySeries A$5.1M$160.8Msame sector · same stage
Live Labels Security LLcCybersecuritySeries A$5.0M$147.9Msame sector · same stage
Pareto Cyber, Inc.CybersecuritySeries A$5.0M$72.8Msame sector · same stage
Staked Securely, Inc.CybersecuritySeries A$5.0M$157.5Msame sector · same stage
Right-Hand Cyber Security, Inc.CybersecuritySeries A$5.9M$61.9Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
OpenSight
AI-powered customer support automation for fast-growing companies
AI / ML80%
OutRival, Inc.
Outbound AI Agents for Education, Insurance, and Travel
Insurance78%
OpenProse
An open-source operating system for reliable long-running agents
AI / ML77%
Calltree
Enterprise-grade AI support reps for call centers
AI / ML76%
Wordware
AI agents you can rely on
AI / ML75%
Openmart
Local business data intelligence platform
SaaS / Software75%
Dataleap
AI Employees for the Enterprise
AI / ML75%
Diana
Give Your Employee An Employee
AI / ML75%
Frequently asked
How much funding has Open Inc. raised?
Open Inc. has raised approximately $5.4M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Open Inc.'s estimated valuation?
Provath's modeled valuation for Open Inc. is approximately $170.1M (modeled range $7.4M–$924.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Open Inc. at?
Open Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Nov 27.
What does Open Inc. do and where is it based?
Open Inc. operates in the Cybersecurity sector, based in San Francisco, CA, USA. Enterprise AI customer support
Explore related

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