OpenMarkets Overview
- Year Founded
-
2011
- Status
-
Private
- Employees
-
23
- Latest Deal Type
-
2ndary - Private
- Latest Deal Amount
-
$19M
- Investors
-
3
OpenMarkets General Information
Description
Developer of a healthcare equipment procurement platform designed to facilitate capital planning. The company's platform utilizes demand aggregation, budgeting applications and real-time data tracking to provide market price benchmarking, automated quote management and vendor connectivity, enabling hospitals and healthcare providers to streamline the medical equipment buying process and negotiate better pricing through a digital marketplace.
Contact Information
Website
www.openmarketshealth.comCorporate Office
- 211 West Wacker Drive
- Floor 3, PMB 900E
- Chicago, IL 60606
- United States
Corporate Office
- 211 West Wacker Drive
- Floor 3, PMB 900E
- Chicago, IL 60606
- United States
OpenMarkets Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Secondary Transaction - Private | 31-Jan-2020 | $19M | Completed | Generating Revenue | ||
| 3. Later Stage VC (Series B) | 28-Nov-2016 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 09-Dec-2015 | $2.5M | Completed | Generating Revenue | ||
| 1. Early Stage VC (Series A) | 26-Feb-2013 | $2.7M | $2.5M | Completed | Generating Revenue |
OpenMarkets Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A |
OpenMarkets Signals
OpenMarkets Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Boman Group | Venture Capital | Minority | ||
| OCA Ventures | Venture Capital | Minority | ||
| Swanhill Capital | PE/Buyout | Minority |
OpenMarkets Investments & Acquisitions (2)
OpenMarkets’s most recent deal was a Early Stage VC with Element for . The deal was made on 10-Nov-2017.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Element | 10-Nov-2017 | Early Stage VC | Communication Software | ||
| Mblox (Premium SMS Business) | 18-Mar-2013 | Merger/Acquisition | Telecommunications Service Providers |
OpenMarkets FAQs
-
When was OpenMarkets founded?
OpenMarkets was founded in 2011.
-
Where is OpenMarkets headquartered?
OpenMarkets is headquartered in Chicago, IL.
-
What is the size of OpenMarkets?
OpenMarkets has 23 total employees.
-
What industry is OpenMarkets in?
OpenMarkets’s primary industry is Enterprise Systems (Healthcare).
-
Is OpenMarkets a private or public company?
OpenMarkets is a Private company.
-
What is OpenMarkets’s current revenue?
The current revenue for OpenMarkets is .
-
How much funding has OpenMarkets raised over time?
OpenMarkets has raised $4.25M.
-
Who are OpenMarkets’s investors?
Boman Group, OCA Ventures, and Swanhill Capital have invested in OpenMarkets.
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