# OpenEyes Insurance Agency

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/openeyes-insurance-agency

- Industry: Insurance
- Headquarters: New York, US
- Website: www.openeyes.com
- Total disclosed funding: $18M
- Latest round: Series A (Feb 14, 2023)
- Investors on record: 3

## About

Based in New York, US, and founded in 2020 by CEO Yoav Oron, CTO Dr. Omry Sendik, and Dan Charash, OpenEyes Insurance Agency Inc., OpenEyes is an insurance company that provides commercial automotive insurance to fleets of all sizes, including fleet safety while reducing expenses. In February 2023, OpenEyes Insurance Agency Inc. raised USD 18 million in a Series A funding co-led by Insight Partners and Pitango Venture Capital, with the participation MoreVC.

OpenEyes provides commercial auto insurance by utilizing technology where users can easily access insurance quotes for their vehicles. The company’s technology, fleet managers, and safety officers identify the sources of risk in their fleet, empowering them to implement practices that reduce the frequency of accidents. Additionally, the firm enables precise underwriting and streamlines claims handling and prevention.

The company plans to use its proceeds from February 2023 to further develop its technology and to recruit additional team members to support its increasing US operations.

## Funding rounds

- Series A, Feb 14, 2023, $18M — Pitango, Insight Partners, MoreVC

## Investors

- Pitango (https://capitalatlas.ai/funds/pitango) — Series A
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A
- MoreVC (https://capitalatlas.ai/funds/morevc) — Series A