How Much Did Open Raise?
Funding & Key Investors

Open, the Venice-based digital wellness platform, has successfully secured significant capital to accelerate its mission of integrating mindfulness into the modern lifestyle. With a total funding accumulation of $14.4M, the company has demonstrated a robust growth trajectory, most recently closing a major strategic investment of $9M. This influx of financing underscores investor confidence in the company's unique approach to combining breathwork, meditation, and movement into a cohesive studio-grade digital experience.

The firm's ability to attract high-profile backers during its Series A round highlights its position as a disruptive force in the personal development sector. By leveraging this capital, Open is well-positioned to scale its platform and expand its reach within the competitive health and wellness technology landscape.

What is Open?

Open
HospitalityFitness & Dance FacilitiesMobile App Development

Open operates as a comprehensive studio platform designed to facilitate personal transformation through a curated suite of wellness practices. Based in Venice, California, the company provides users with accessible, high-quality instruction in breathwork, meditation, yoga, and Pilates. By digitizing the studio experience, Open bridges the gap between traditional wellness retreats and the convenience of home-based digital health solutions. The platform is engineered to support users in their personal development journeys, offering a structured environment that promotes mental clarity and physical well-being. Its market position is defined by a focus on high-production value and a holistic approach to health, distinguishing it from generic meditation applications.

How much funding has Open raised?

Open has raised a total of $14.4M across 2 funding rounds:

2019

Angel/Seed

$5.4M

2021

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 that invests in seed-stage startups, aiming to help build the next billion-dollar companies.

Founders Fund

Founders Fund invests in the world's most important and valuable companies across all geographies, sectors and stages, providing maximum support with minimum interference.

A.Capital Ventures

A.Capital is a venture capital firm that provides funding, resources, and counsel to early-stage companies, focusing on those that revolutionize how people live, work, and play.

What's next for Open?

Following this major strategic investment, Open is expected to prioritize the expansion of its content library and the enhancement of its digital infrastructure. The company's roadmap likely includes scaling its user acquisition efforts and deepening its technological capabilities to provide a more personalized wellness experience. As the wellness industry continues to shift toward hybrid and digital-first models, Open is strategically positioned to capture a larger share of the market by focusing on community engagement and high-retention programming. The backing from seasoned venture firms suggests a long-term commitment to building a sustainable, category-defining brand in the digital health space.

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Frequently Asked Questions Regarding Open Financial Insights

What are the most recent funding rounds that Open has completed, and what were the funding rounds?
Open has recently completed 2 funding rounds: Series A on Oct 20, 2021, Angel/Seed on Nov 27, 2019.
What is the total amount of funding Open has raised to date?
Open has raised a total of $14.4M in funding to date.
How many funding rounds has Open completed?
Open has completed 2 funding rounds.
How much funding did Open raise in its most recent funding round?
Open raised $9M in its most recent funding round.
Who are the lead investors in Open's latest funding round?
The lead investor in Open's latest funding round was Susa Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Open's history?
The largest funding round in Open's history was $9M.
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