# Openbase

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/openbase

- Industry: Software
- Headquarters: Walnut, US
- Website: www.openbase.com
- Total disclosed funding: $3.6M
- Latest round: Seed (Jan 13, 2021)
- Investors on record: 2

## About

Openbase, Inc. is a platform that enhances software development efficiency by providing a curated repository of open-source libraries and tools, facilitating easy access for developers to integrate into their projects.Openbase, Inc., founded in 2019 and headquartered in Walnut, California, US, operates as a software platform that simplifies the process of software development. The company raised USD 3.60 mn in Seed funding on January 13, 2021, led by Zeev Ventures, with participation from Y Combinator. The firm has completed one deal to date. The founder's history includes experience in other technology ventures, leveraging expertise in the software space.Openbase offers a robust platform designed to streamline software development processes by providing a comprehensive repository for open-source libraries and tools. The core service is an extensive catalog of curated packages that developers can access and integrate into their projects, thereby enhancing productivity and fostering innovation. The platform addresses common challenges faced by developers, such as package discovery, version management, and dependency resolution, ensuring that users can efficiently find and utilize the most suitable libraries for their specific needs. Launched in response to the growing demand for seamless integration of open-source resources, Openbase serves a diverse clientele, including individual developers, startups, and established enterprises across various industries such as technology, finance, and healthcare. The company’s offerings are available primarily in North America and Europe, catering to a global audience seeking reliable and efficient software development solutions.Openbase generates revenue through a subscription model that allows users to access premium features and enhanced support options. Clients typically engage with the platform by subscribing to tiered pricing plans that provide varying levels of access to its vast library of open-source packages. These plans are structured to accommodate businesses of different sizes, from solo developers to large teams, ensuring that each customer can find a suitable solution for their development needs. The flagship service includes advanced search capabilities and integration tools, which are instrumental in facilitating the effective use of open-source resources. Revenue is further augmented through partnerships with software vendors and potential collaborations with educational institutions, reinforcing the company’s position within the competitive landscape of software development solutions.Following the recent Seed funding of USD 3.60 mn raised in January 2021, Openbase intends to utilize these funds to further develop its platform by introducing new products aimed at enhancing the user experience and expanding functionality. Additionally, the company is planning to enter new markets, specifically targeting regions in Europe and Asia by the end of 2023, to reach a wider audience and grow its user base.

## Funding rounds

- Seed, Jan 13, 2021, $3.6M — Y Combinator, Zeev Ventures

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Zeev Ventures (https://capitalatlas.ai/funds/zeev-ventures) — Seed