Openbay Overview
- Year Founded
-
2011
- Status
-
Private
- Employees
-
19
- Latest Deal Type
-
Debt - PPP
- Latest Deal Amount
-
$792K
- Investors
-
15
Openbay General Information
Description
Operator of an online automotive service marketplace designed to connect vehicle owners with local auto repair professionals. The company's platform allows users to compare multiple competitive price estimates, read customer reviews, and evaluate local mechanic amenities for various car maintenance needs, enabling vehicle owners to schedule reliable and cost-effective auto repairs seamlessly.
Contact Information
Website
app.openbay.comCorporate Office
- 10 Canal Park
- Cambridge, MA 02141
- United States
Corporate Office
- 10 Canal Park
- Cambridge, MA 02141
- United States
Openbay Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Debt - PPP | 15-Apr-2020 | $792K | Completed | Generating Revenue | ||
| 5. Later Stage VC (Series A) | 25-Jun-2018 | Completed | Generating Revenue | |||
| 4. Seed Round | 15-Aug-2016 | Completed | Generating Revenue | |||
| 3. Seed Round | 20-Feb-2015 | Completed | Generating Revenue | |||
| 2. Seed Round | 28-Oct-2013 | Completed | Startup | |||
| 1. Accelerator/Incubator | Completed | Startup |
Openbay Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A | ||||||||
| Seed 2 | ||||||||
| Seed | 4,703,715 | $0.000100 | $1.47 | $1.47 | 1x | $1.47 | 23.42% |
Openbay Comparisons
Industry
Financing
Details
Openbay Competitors (23)
One of Openbay’s 23 competitors is Autobutler, a Venture Capital-Backed company based in Stockholm, Sweden.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Autobutler | Venture Capital-Backed | Stockholm, Sweden | ||||
| Ola | Venture Capital-Backed | Bengaluru, India | ||||
| Wrench (Automotive) | Venture Capital-Backed | Seattle, WA | ||||
| Fixico | Venture Capital-Backed | Amsterdam, Netherlands | ||||
| YourMechanic | Formerly VC-backed | Burlingame, CA |
Openbay Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Openbay Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Openbay Investors (15)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Shell Ventures | Corporate Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Koa Labs | Venture Capital | Minority | ||
| Andreessen Horowitz | Venture Capital | Minority | ||
| Angel (individual) | Minority |
Openbay FAQs
-
When was Openbay founded?
Openbay was founded in 2011.
-
Where is Openbay headquartered?
Openbay is headquartered in Cambridge, MA.
-
What is the size of Openbay?
Openbay has 19 total employees.
-
What industry is Openbay in?
Openbay’s primary industry is Automotive.
-
Is Openbay a private or public company?
Openbay is a Private company.
-
What is Openbay’s current revenue?
The current revenue for Openbay is .
-
How much funding has Openbay raised over time?
Openbay has raised $16.4M.
-
Who are Openbay’s investors?
Shell Ventures, , Koa Labs, Andreessen Horowitz, and are 5 of 15 investors who have invested in Openbay.
-
Who are Openbay’s competitors?
Autobutler, Ola, Wrench (Automotive), Fixico, and YourMechanic are some of the 23 competitors of Openbay.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
