Open Solutions Overview

  • Year Founded
  • 1992

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 2,100

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 8

  • Investments
  • 4

Open Solutions General Information

Description

Provider of software-enabled outsourcing services to banks, thrifts and credit unions. The company's software helps in data processing, document management, transaction information, client information and reporting, cash management, general ledger and profitability, loan origination, payroll processing, electronic bill payment and funds transfer services.

Contact Information

Website
www.opensolutions.com
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Corporate Office
  • 455 Winding Brook Drive
  • Glastonbury, CT 06033
  • United States
+1 (860)
Primary Industry
Business/Productivity Software
Acquirer
Fiserv
Vertical(s)
Marketing Tech, TMT, FinTech
Corporate Office
  • 455 Winding Brook Drive
  • Glastonbury, CT 06033
  • United States
+1 (860)

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Open Solutions Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Open Solutions Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of software-enabled outsourcing services to banks, thrifts and credit unions. The company's software helps in d
Business/Productivity Software
Glastonbury, CT
2,100 As of 2007

Austin, TX

Chennai, India
 
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Open Solutions Competitors (51)

One of Open Solutions’s 51 competitors is Drivve, a Corporation company based in Austin, TX.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Drivve Corporation Austin, TX
Ramco Systems Corporate Backed or Acquired Chennai, India
Kyriba Private Equity-Backed San Diego, CA
SBS Formerly Accelerator/Incubator backed Courbevoie, France
esker asia Corporation Denver, CO
You’re viewing 5 of 51 competitors. Get the full list »

Open Solutions Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Open Solutions Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-5602936-A Method of and apparatus for document data recapture Inactive 21-Jan-1993

Open Solutions Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Open Solutions Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Open Solutions Investments & Acquisitions (4)

Open Solutions’s most recent deal was a Buyout/LBO with The Weiland Financial Group. The deal was made on 26-Jul-2010.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
The Weiland Financial Group 26-Jul-2010 Buyout/LBO Business/Productivity Software
IA Systems 12-Jun-2007 Buyout/LBO Financial Software
Fincentric 10-May-2007 Merger/Acquisition Financial Software
Datawest Solutions 29-Oct-2004 Merger/Acquisition Other Financial Services
To view Open Solutions’s complete investments and acquisitions history, request access »

Open Solutions FAQs

  • When was Open Solutions founded?

    Open Solutions was founded in 1992.

  • Where is Open Solutions headquartered?

    Open Solutions is headquartered in Glastonbury, CT.

  • What is the size of Open Solutions?

    Open Solutions has 2,100 total employees.

  • What industry is Open Solutions in?

    Open Solutions’s primary industry is Business/Productivity Software.

  • Is Open Solutions a private or public company?

    Open Solutions is a Private company.

  • What is the current valuation of Open Solutions?

    The current valuation of Open Solutions is .

  • What is Open Solutions’s current revenue?

    The current revenue for Open Solutions is .

  • How much funding has Open Solutions raised over time?

    Open Solutions has raised $6.77M.

  • Who are Open Solutions’s investors?

    Axiom Venture Partners, Connecticut Innovations, Menlo Ventures, Pamlico Capital, and Providence Equity Partners are 5 of 7 investors who have invested in Open Solutions.

  • Who are Open Solutions’s competitors?

    Drivve, Ramco Systems, Kyriba, SBS, and esker asia are some of the 51 competitors of Open Solutions.

  • When was Open Solutions acquired?

    Open Solutions was acquired on 14-Jan-2013.

  • Who acquired Open Solutions?

    Open Solutions was acquired by Fiserv.

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