# Opencell

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

- Industry: Software
- Headquarters: Paris, France
- Website: www.opencellsoft.com
- Total disclosed funding: $6.3M
- Latest round: Series A (Feb 19, 2021)
- Investors on record: 5

## About

Opencell SAS is a Paris-based company that provides an agile monetization platform, facilitating businesses in managing their customer lifecycle and transitioning to recurring revenue models effectively.Founded in 2015 in Paris, France, Opencell SAS specializes in creating solutions for customer lifecycle management. The company has successfully completed a total of 4 funding deals, with the most recent being a Series A round in February 2021, raising EUR 4.79 million from investors including Alliance Entreprendre, Seventure Partners, and returning investor Capital Grand Est. David Meyer currently serves as the CEO, leading the company's innovative approaches in monetization.Opencell offers an agile monetization platform designed to manage the customer lifecycle from inception to completion, facilitating businesses in transitioning to recurring revenue models. This platform addresses critical needs in sales, customer management, and reporting, enabling organizations to rapidly launch new services and monetize diverse revenue streams. Its modular design facilitates either a complete or partial replacement of existing solutions, ensuring a tailored user experience through role-based customization and flexible portal technologies. The platform is equipped with over 200 REST APIs for easy integration and configuration, supporting industries such as telecom, energy, mobility, retail, and finance across various geographical markets, including Europe and North America. Opencell serves a wide client base, including notable companies like Smovengo and Actility, empowering them to adapt to evolving business needs and enhance customer experiences.Opencell's revenue model primarily revolves around subscription-based services tailored to businesses transitioning to recurring revenue frameworks. Clients typically engage with the platform through monthly billing cycles, which allows for improved cash flow management compared to traditional quarterly billing practices. The company offers various pricing plans based on the modular components of its platform, enabling clients to select features that best meet their operational requirements. For example, businesses can opt for specific functionalities such as customer management or billing processes, which are priced to reflect their complexity and customization level. This structured pricing approach facilitates partnerships with clients across different sectors, reinforcing Opencell's role as a key player in the monetization of subscription and usage revenue.In January 2021, Opencell SAS raised EUR 4.79 million in Series A funding, which will be utilized to strengthen its sales and marketing teams. The company is expected to focus on expanding its offerings and potentially entering new geographical markets. Further details regarding upcoming products or specific markets targeted for expansion have yet to be disclosed.

## Funding rounds

- Series A, Feb 19, 2021, $5.8M — Seventure Partners, Alliance Entreprendre, Capital Grand Est
- Seed, Nov 10, 2015, $0.5M — Kima Ventures, Bourgogne Angels

## Investors

- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Bourgogne Angels — Seed
- Seventure Partners (https://capitalatlas.ai/funds/seventure-partners) — Series A
- Alliance Entreprendre (https://capitalatlas.ai/funds/alliance-entreprendre) — Series A
- Capital Grand Est (https://capitalatlas.ai/funds/capital-grand-est) — Series A