OpenEnvoy Overview
- Year Founded
-
2020
- Status
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Private
- Employees
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65
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$3M
- Investors
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37
OpenEnvoy General Information
Description
Developer of financial software designed to solve fraud through accounts payable automation. The company's software provides invoice auditing without intervention, focusing on safeguarding businesses against excessive vendor charges, enabling companies to achieve an immediate ROI and maintain real-time visibility throughout their supplier network at a predictable monthly cost.
Contact Information
Website
www.openenvoy.comCorporate Office
- 317 South 6th Street
- Las Vegas, NV 89138
- United States
Corporate Office
- 317 South 6th Street
- Las Vegas, NV 89138
- United States
OpenEnvoy Timeline
OpenEnvoy Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC | 25-Jun-2025 | $3M | Completed | Generating Revenue | ||
| 3. Early Stage VC (Series A) | 10-Mar-2023 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 26-Apr-2022 | $6.5M | Completed | Generating Revenue | ||
| 1. Seed Round | 13-Apr-2021 | $6.5M | $6.5M | Completed | Generating Revenue |
OpenEnvoy Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-2 | ||||||||
| Series A-1 | ||||||||
| Series A | ||||||||
| Seed-5 | ||||||||
| Seed-4 | ||||||||
| Seed-3 | ||||||||
| Seed-2 | ||||||||
| Seed-1 | 780,108 | $0.000100 | 8% | $0.64 | $0.64 | 1x | $0.64 | 3.18% |
| Seed-0 | 2,933,020 | $0.000100 | 8% | $1.54 | $1.54 | 1x | $1.54 | 11.96% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
OpenEnvoy Comparisons
Industry
Financing
Details
OpenEnvoy Competitors (72)
One of OpenEnvoy’s 72 competitors is Paymerang, a Formerly PE-Backed company based in Richmond, VA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Paymerang | Formerly PE-Backed | Richmond, VA | ||||
| iPayables | Private Equity-Backed | Provo, UT | ||||
| Vindi | Formerly VC-backed | Sao Paulo, Brazil | ||||
| Maxio | Venture Capital-Backed | Norcross, GA | ||||
| Basware | Private Equity-Backed | Espoo, Finland |
OpenEnvoy Signals
OpenEnvoy Investors (37)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Visa | Corporation | |||
| 01 Advisors | Venture Capital | Minority | ||
| Hands On Angel | Venture Capital | Minority | ||
| Stonewater Ventures | Venture Capital | Minority | ||
| ZEBOX | Accelerator/Incubator |
OpenEnvoy FAQs
-
When was OpenEnvoy founded?
OpenEnvoy was founded in 2020.
-
Where is OpenEnvoy headquartered?
OpenEnvoy is headquartered in Las Vegas, NV.
-
What is the size of OpenEnvoy?
OpenEnvoy has 65 total employees.
-
What industry is OpenEnvoy in?
OpenEnvoy’s primary industry is Financial Software.
-
Is OpenEnvoy a private or public company?
OpenEnvoy is a Private company.
-
What is OpenEnvoy’s current revenue?
The current revenue for OpenEnvoy is .
-
How much funding has OpenEnvoy raised over time?
OpenEnvoy has raised $24.5M.
-
Who are OpenEnvoy’s investors?
Visa, 01 Advisors, Hands On Angel, Stonewater Ventures, and ZEBOX are 5 of 37 investors who have invested in OpenEnvoy.
-
Who are OpenEnvoy’s competitors?
Paymerang, iPayables, Vindi, Maxio, and Basware are some of the 72 competitors of OpenEnvoy.
Data Transparency
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