OpenPhone

Cloud-based phone system for businesses

San Francisco, California, United States

About OpenPhone

OpenPhone provides a business phone system tailored for startups and small businesses. Its cloud-based platform allows users to manage phone communications from any device with internet access, making it suitable for remote teams. Key features include local and toll-free numbers, call and text capabilities, group messaging, and call routing to distribute calls among team members. OpenPhone operates on a subscription model, offering unlimited calling and texting, call recording, and analytics to help businesses make informed decisions. The company distinguishes itself with its user-friendly interface, quick setup, and strong customer support, earning accolades for its usability and service. The goal of OpenPhone is to enhance communication for small businesses, enabling them to operate efficiently and effectively.

San Francisco, CaliforniaHeadquarters
2018Year Founded
$54.6MTotal Funding
SERIES_BCompany Stage
Consumer Software, Enterprise SoftwareIndustries
51-200Employees

Benefits

Competitive salary & equity
Health, dental, & vision plans
Equipment & home office
Flexible time off
401k
Learning & development budget

Risks

Increased competition from Google Voice and Burner threatens OpenPhone's market share.
Over-reliance on third-party integrations could lead to service disruptions if APIs change.
Focus on startups and small businesses may limit OpenPhone's market reach to larger enterprises.

Differentiation

OpenPhone offers seamless business numbers without needing a second phone or SIM card.
The platform provides advanced call routing and group messaging for efficient team communication.
OpenPhone integrates with popular tools, enhancing business operations and user experience.

Upsides

The rise of remote work boosts demand for OpenPhone's cloud-based communication tools.
OpenPhone's subscription model aligns with growing trends in software services, ensuring stable revenue.
Recent $40M Series B funding supports growth and expansion of OpenPhone's team and features.

Funding

Total raised$54.59 M
Latest valuation$200.00 M
StageSERIES_B