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OpenHands secures $18.8M in Series A funding led by Madrona to enhance its cloud coding agent platform, aimed at improving software development for enterprises.

PRIVATENov 18, 20256 months ago

Amount Raised

$18.8 Million

Round Type

series a

SomervilleInformation TechnologySoftware

Investors

Alumni VenturesFujitsu VenturesObvious VenturesMenlo VenturesMadrona

Description

OpenHands has successfully raised $18.8M in a Series A funding round led by Madrona, alongside participation from Menlo Ventures, Obvious Ventures, Fujitsu Ventures, and Alumni Ventures. The funding will be instrumental in advancing their secure, scalable cloud agent platform designed for modern software teams. OpenHands aims to provide open-source solutions that improve software development processes, integrating seamlessly with any large language model. The company has also partnered with AMD to optimize agent performance for enterprise readiness.

Company Information

Company

OpenHands

Location

Somerville, Massachusetts, United States

About

OpenHands is an open platform for cloud coding agents designed to enhance software development processes by enabling organizations to run and scale autonomous coding agents securely in their own cloud. It integrates with popular tools like GitHub, Slack, and Jira, facilitating the offloading of repetitive software development tasks. Unlike traditional agentic tools, OpenHands offers a model-agnostic approach, allowing flexibility and governance in enterprise environments. The company aims to make software development more open, human-centered, and efficient.

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VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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 FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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