Acquiring Company
Digital Brands Group
Acquired Company
Open Daily
Austin
VancouverInformation TechnologyCommerce and ShoppingShoppingArtificial IntelligenceE CommerceFashionRetailDescription
Digital Brands Group has completed the acquisition of assets from Open Daily, a provider of virtual shopping technology. This acquisition includes intellectual properties such as patent applications and software solutions. In exchange, Digital Brands Group issued shares of common stock to Open Daily. The move aims to enhance their digital retail capabilities and improve customer engagement.
Quick answer
Digital Brands Group is acquiring Open Daily, announced April 3, 2025. Digital Brands Group is based in Austin, Texas, United States.
- How much did Digital Brands Group pay for Open Daily?
- The deal value was not disclosed.
- What does Digital Brands Group do?
- Digital Brands Group is a curated collection of luxury lifestyle, digital-first brands.
- Where are Digital Brands Group and Open Daily based?
- Digital Brands Group is based in Austin, Texas, United States. Open Daily is based in Vancouver, British Columbia, Canada.
- Who are the decision-makers at Digital Brands Group?
- Fundz holds 1 contact at Digital Brands Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Digital Brands Group, and when
When Digital Brands Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Digital Brands Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Digital Brands Group, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Open Daily?
Open Daily was acquired by Digital Brands Group, based in Austin. The deal was reported on April 3, 2025. Digital Brands Group is a curated collection of luxury lifestyle, digital-first brands. Digital Brands Group is publicly traded (DBGI) and operates in Information Technology.
When did Digital Brands Group acquire Open Daily?
Digital Brands Group's acquisition of Open Daily was reported on April 3, 2025. Digital Brands Group has completed the acquisition of assets from Open Daily, a provider of virtual shopping technology. This acquisition includes intellectual properties such as patent applications and software solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Open Daily do?
Open Daily is a virtual shopping solutions provider that optimizes online retail experiences and consumer engagement. The company offers services like Outfit Virtual Shopping and Outfit Voice AI to enhance customer interactions. It is privately held, operating in Artificial Intelligence, and is based in Vancouver.
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