Draft:Openly, Inc.
Submission declined on 27 November 2025 by Stuartyeates (talk).
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 | This is a draft article. It is a work in progress open to editing by anyone. Please ensure core content policies are met before publishing it as a live Wikipedia article. Find sources: Google (books · news · scholar · free images · WP refs) · FENS · JSTOR · TWL Last edited by Kuru (talk | contribs) 3 months ago. (Update)
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| Type | Private |
|---|---|
| Industry | Insurance technology |
| Founded | 2017 |
| Founders | Ty Harris, Matt Wielbut |
| Headquarters | Boston, Massachusetts, U.S. |
Area served | United States |
| Key people | Ty Harris (CEO) |
| Products | Homeowners insurance |
| Website | openly.com |
Openly is a Boston based homeowners insurance provider founded in 2017 by Ty Harris and Matt Wielbut.[citation needed] The company sells insurance policies exclusively through independent agents and operates in multiple U.S. states.[1] Its products are underwritten by Rock Ridge Insurance Company and members of the Clear Blue Insurance Group.[2]
History
[edit]Openly launched its first homeowners insurance products in 2019, initially offering coverage in Illinois and Arizona.[3][4] The company later expanded into Massachusetts and other states, building a network of independent insurance agents.[5] By 2022, Openly worked with over 17,000 agents across 19 states.[6][7] In 2024, Openly expanded into three additional states, bringing its total coverage to 24 states, and partnered with nearly 50,000 independent agents.[8] Later that year, the company was named to Forbes’ America’s Best Startup Employers list.[9]
Funding
[edit]References
[edit]- ↑ "Agent-Focused Home Insurer Openly Closes $75 Million Funding Round". Insurance Journal. 22 June 2022. Retrieved 25 November 2025.
- ↑ "Openly, a Home Insurance InsurTech, Launches in Two States, Raises $7.65M". Carrier Management. 26 November 2019. Retrieved 25 November 2025.
- ↑ "Openly completes $7.65 million funding round". Insurance Business. 27 November 2019. Retrieved 25 November 2025.
- ↑ "Openly Raises $7.6m In Funding Round, Aims to Expand Home Insurance Offer". Insurance Edge. 26 November 2019. Retrieved 25 November 2025.
- ↑ "Openly Expands Homeowners Insurance Platform into Massachusetts". Insurance Journal. 26 April 2021. Retrieved 25 November 2025.
- ↑ "Openly Secures $75M in Series C". City Biz. 21 June 2022. Retrieved 25 November 2025.
- ↑ "Openly raises $75 million Series C". Coverager. 21 June 2022. Retrieved 25 November 2025.
- ↑ "Openly Announces $193M in Growth Financing Led by Eden Global Partners, Allianz X". City Biz. 30 January 2025. Retrieved 27 November 2025.
- ↑ "America's Best Startup Employers 2025". Forbes. Retrieved 27 November 2025.
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