Fundz

Open Phone Raises $40M To Replace Your Work Phone And Office Pbx With An App

PRIVATEApr 07, 2022

Amount Raised

$40 Million

Round Type

Funding Round

Iran

Description

Pam answering the phone at Dunder Mifflin become one of the most iconic refrains of life at The Office, and it’s really no wonder that it did: businesses big and small have long run on communications as played out over PBXs, voice mail, cold and warm calls, customer help lines, and more recently the never-escapable, always-with-you cell phone. All that has, slowly but surely, been changing, though, and today one of the startups hoping to be a leader in disrupting that tune is announcing some funding as it finds some growth, currently handing some 10 million calls and messages monthly for its customers.

Who to call at Open Phone, and when

A new round usually means Open Phone is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Open Phone

Location

Iran

About

Prior to that, the company previously went through Y Combinator back in 2018. The company, as you might imagine with a YC startup, found its earliest traction with other entrepreneurs going through YC, and it has grown with its users, gradually bringing in more services such as PBX replacements, and they are building integrations with established CRM and sales software.

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Fundz sees it the moment Open Phone raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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ML-powered predictions for Open Phone's next move

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Open Phone raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.