OpenTransact Overview

  • Year Founded
  • 2010

Year Founded

  • Status
  • Private

  • Employees
  • 4

Employees

  • Latest Deal Type
  • M&A
  • (Announced)

  • Investors
  • 1

OpenTransact General Information

Description

Developer of a payment platform designed to consolidate, automate, scale, and monitor payment operations for any business or financial institution. The company's platform allows integration quickly without having to deal with archaic banking systems and connects any payment method, provider, acquirer, or third-party services to account and send payments to any available processing service without updating integration, enabling businesses to send and receive digital paychecks securely.

Contact Information

Formerly Known As
Zipmark
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Business/Productivity Software
Corporate Office
  • 56 West 22nd Street
  • Floor 9
  • New York, NY 10010
  • United States
+1 (917) 000-0000

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OpenTransact Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 02-Jan-2024 00.000 Announced Generating Revenue
6. Later Stage VC 01-Sep-2023 00.000 Completed Generating Revenue
5. Secondary Transaction - Private 01-Jan-2021 00.000 Completed Generating Revenue
4. Seed Round 14-Aug-2013 00.000 00.000 Completed Generating Revenue
3. Seed Round 01-Mar-2012 00.000 00.000 000 Completed Generating Revenue
2. Seed Round 13-Dec-2011 $2M $2.02M Completed Generating Revenue
1. Accelerator/Incubator 01-Jan-2011 $25K $25K Completed Generating Revenue
To view OpenTransact’s complete valuation and funding history, request access »

OpenTransact Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series Seed 1 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
To view OpenTransact’s complete cap table history, request access »

OpenTransact Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a payment platform designed to consolidate, automate, scale, and monitor payment operations for any busines
Financial Software
New York, NY
4 As of 2022
00.000
000000&0 00.000

000000

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000000000 00000000
London, United Kingdom
00 As of 0000
000.00
000.00 0000-00-00
00000000000 000.00

000000

aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi
000000000 00000000
London, United Kingdom
000 As of 0000
00000
00.00 0000-00-00
00000000000 00000
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OpenTransact Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Previse Venture Capital-Backed London, United Kingdom 00 000.00 00000000000 000.00
GoCardless Venture Capital-Backed London, United Kingdom 000 00000 00000000000 00000
Circle (Financial Services) Venture Capital-Backed Boston, MA 000 00.000 00000000 00.000
Yoyo (Financial Software) Formerly VC-backed London, United Kingdom 00 000.00 000000&0 000.00
Satispay Venture Capital-Backed Luxembourg, Luxembourg 000 00000 00000000000 00000
You’re viewing 5 of 8 competitors. Get the full list »

OpenTransact Executive Team (11)

Name Title Board Seat Contact Info
Jacob Howerton Co-Founder & Board Member
Kenneth Douglas Vice President & Advisor
William Clark Co-Founder & Co-Chief Executive Officer
Jayastu Bhattacharya Co-Founder, Co-Chief Executive Officer & Board Member
David Rosenthal Vice President, Sales
You’re viewing 5 of 11 executive team members. Get the full list »

OpenTransact Board Members (4)

Name Representing Role Since
Jacob Howerton OpenTransact Co-Founder & Board Member 000 0000
Jayastu Bhattacharya OpenTransact Co-Founder, Co-Chief Executive Officer & Board Member 000 0000
Matthew Harris Self Board Member 000 0000
You’re viewing 3 of 4 board members. Get the full list »

OpenTransact Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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OpenTransact Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Trousdale Ventures Venture Capital Minority 000 0000 000000 0
To view OpenTransact’s complete investors history, request access »

OpenTransact Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
WorkingPoint 04-Nov-2014 0000000000 Business/Productivity Software 0000000 0
To view OpenTransact’s complete acquisitions history, request access »

OpenTransact Subsidiaries (1)

Company Name Industry Location Founded
WorkingPoint Business/Productivity Software San Francisco, CA 0000
To view OpenTransact’s complete subsidiaries history, request access »

OpenTransact FAQs

  • When was OpenTransact founded?

    OpenTransact was founded in 2010.

  • Who is the founder of OpenTransact?

    Jacob Howerton, William Clark, and Jayastu Bhattacharya are the founders of OpenTransact.

  • Who is the CEO of OpenTransact?

    William Clark and Jayastu Bhattacharya are the CEOs of OpenTransact.

  • Where is OpenTransact headquartered?

    OpenTransact is headquartered in New York, NY.

  • What is the size of OpenTransact?

    OpenTransact has 4 total employees.

  • What industry is OpenTransact in?

    OpenTransact’s primary industry is Financial Software.

  • Is OpenTransact a private or public company?

    OpenTransact is a Private company.

  • What is OpenTransact’s current revenue?

    The current revenue for OpenTransact is 000000.

  • How much funding has OpenTransact raised over time?

    OpenTransact has raised $6.48M.

  • Who are OpenTransact’s investors?

    Trousdale Ventures has invested in OpenTransact.

  • Who are OpenTransact’s competitors?

    Previse, GoCardless, Circle (Financial Services), Yoyo (Financial Software), and Satispay are some of the 8 competitors of OpenTransact.

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