What is Open Water?
Based in Arlington, Virginia, Open Water offers a comprehensive cloud-based software solution designed to manage online awards, grants, scholarships, and fellowships. The platform facilitates the seamless administration of these programs, including virtual meeting integration, enabling organizations to enhance revenue generation and deepen customer engagement through streamlined award processes.
How much funding has Open Water raised?
Open Water has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Open Water
PPP
Public-Private Partnership
What's next for Open Water?
With a substantial late-stage funding context, Open Water is poised for significant scaling and market expansion. The recent strategic investment suggests a strong validation of its business model and future potential. This capital will likely be directed towards enhancing platform capabilities, expanding its client base, and potentially exploring new verticals within the awards and recognition sector. The company's focus on maximizing revenue and customer engagement through its software indicates a strategic direction aimed at solidifying its market leadership.
See full Open Water company page
