# Openmart

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.openmart.ai/
- Total disclosed funding: $2.8M
- Latest round: Seed (Aug 21, 2024)
- Investors on record: 5

## About

Based in California, US, and founded in 2023 by co-founders Richard He and Kathryn Wu, Openmart, Inc. operates as a developer of artificial intelligence-based platform to improve local business lead generation and the process of identifying and contacting local business owners. In August 2024, Openmart, Inc. raised USD 2.75 million in seed funding from Y Combinator, Rebel Fund, Uncorrelated Ventures, gaingels, and Afore Capital. 

Openmart, Inc. developed a tool, which is an artificial intelligence-based technology leads finder that allows users to enter specific criteria to generate a list of local business leads, a Google Map search engine for sales, and AI enrichment features that provide verified emails, owner names, and phone numbers. The company’s platform integrates with customer relationship management (CRM) systems, enabling users to deduplicate and find new leads automatically. It reduces the time spent on sales research and improves conversion rates. As of 2024, the firm serves various clients such as Keeper, Seel, Vesta, Sinoca Medical, Bite Sight, and many more. 

The company generates revenue based on a subscription model and charges USD 299 monthly for pro package. The firm charges USD 749 monthly for Scale.

## Funding rounds

- Seed, Aug 21, 2024, $2.8M — Y Combinator, Gaingels, Afore Capital, Rebel Fund, Uncorrelated Ventures

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Seed
- Afore Capital (https://capitalatlas.ai/funds/afore-capital) — Seed
- Rebel Fund (https://capitalatlas.ai/funds/rebel-fund) — Seed
- Uncorrelated Ventures (https://capitalatlas.ai/funds/uncorrelated-ventures) — Seed