# OpenBorder

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

- Industry: Software
- Headquarters: US
- Website: www.openborder.com
- Total disclosed funding: $10M
- Latest round: Seed (Feb 20, 2024)
- Investors on record: 4

## About

Based in the US and founded in 2023 by co-founders Richard H. and Darwish Gani, OpenBorder offers a suite of tools and services designed to simplify the process of selling and shipping products to customers worldwide. In February 2024, OpenBorder raised USD 10 million in seed funding led by investor Peak XV Partners, with participation from other investors Capital 49, Eurazeo, and Harlem Capital Partners.

OpenBorder's flagship product offers easy integration with various platforms, enabling brands to expand their reach internationally. The product offering includes comprehensive solutions such as tax-compliant shipping, localised pricing, end-to-end tracking, and streamlined return management. Leveraging cross-border shipping rates and advanced technology, the platform empowers businesses to sell in local currencies. The company provides comprehensive services to streamline the process of selling on major online marketplaces such as Amazon, Mercado Libre, Lazada, and others.


The company plans to use the February 2024 funding for software development, including partnerships and artificial intelligence.

## Funding rounds

- Seed, Feb 20, 2024, $10M — Eurazeo, Harlem Capital Partners, Capital 49, Peak XV Partners

## Investors

- Eurazeo (https://capitalatlas.ai/funds/eurazeo) — Seed
- Harlem Capital Partners (https://capitalatlas.ai/funds/harlem-capital-partners) — Seed
- Capital 49 (https://capitalatlas.ai/funds/capital-49) — Seed
- Peak XV Partners (https://capitalatlas.ai/funds/peak-xv-partners) — Seed
