Overview
Openly is a home insurance company founded in Boston, Massachusetts, in 2017. Openly provides exceptional insurance by delivering comprehensive coverage through independent agents. Openly believes offering consumer choice is as essential as providing remarkably straightforward insurance. We exist to rebuild the insurance experience by empowering independent agents to deliver outstanding service with speed and ease.
Its homeowners policies offer up to $5M in guaranteed replacement cost coverage and $1M in liability, with conditions that vary in some states. Optional coverages include up to $100,000 in blanket coverage for personal property categories, water backup and equipment breakdown. The company uses actuarial science, machine learning and data to assess risk and set rates, and it works with Clear Blue as its carrier partner. Openly offers coverage in 24 U.S. states, including Arizona, Georgia, Ohio, Pennsylvania, Tennessee and Virginia, and homeowners can request quotes through local independent agents or online through an agency partner.
If you want to be a part of our mission, check out our career page:
https://openly.com/careers
Funding rounds
Disclosed funding: $360.6M across 13 rounds. Latest: n/a, 3 Sep 2026.
7 rounds have an undisclosed amount, not included in the total.
| Date | Type | Amount |
|---|---|---|
| 3 Sep 2026 | n/a | $193M |
Office locations
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Recent posts from the Openly blog
- The Future of Insurance Needs Humans | Openly
AI will automate more insurance tasks, but independent agents remain essential where trust, empathy, and human judgment matter most.
- Employee Spotlight: Meet Allyson Werth! 📣🌟 From Customer Experience to Product & Strategy, Allyson's journey…
at Openly is a great example of what growth and opportunity can look like! Throughout her five years here, one thing has remained constant: her passion for listening, learning, and creating better experiences for our customers.