What is Open?
Open has developed a comprehensive studio platform designed to support personal transformation and development. The platform offers a diverse range of wellness and fitness content, including breathwork, meditation, yoga, and Pilates. By providing accessible and engaging resources, Open aims to empower individuals on their journey toward greater well-being and self-improvement. The company's focus on holistic personal development positions it within the rapidly expanding digital wellness market.
How much funding has Open raised?
Open has raised a total of $14.4M across 2 funding rounds:
Angel/Seed
$5.4M
Series A
$9M
Angel/Seed (2019): $5.4M with participation from SV Angel
Series A (2021): $9M led by Susa Ventures, Founders Fund, A.Capital Ventures, and Aglaé Ventures
Key Investors in Open
Susa Ventures
Susa Ventures is an early-stage venture capital firm focused on seed-stage startups, known for its founder-friendly approach and commitment to building billion-dollar companies.
Founders Fund
Founders Fund is a venture capital firm that invests in transformative companies across all sectors and stages, with partners who have a history of backing major tech successes.
A.Capital Ventures
A.Capital Ventures operates within the Venture Capital & Private Equity sector, providing investment and support to emerging companies.
What's next for Open?
With the recent major strategic investment and a substantial total funding amount of $14.4M, Open is poised for significant scaling and market penetration. The company's Series A funding round, which included prominent investors such as Susa Ventures and Founders Fund, indicates a strong belief in its business model and future potential. This capital will likely be directed towards enhancing its platform features, expanding its content library, and broadening its user base. The strategic backing suggests a focus on solidifying its position as a leader in the digital wellness and personal development space.
See full Open company page
