OpenMartech
Latest round
- Seed
Last raised
- Mar 2019
Total raised
- $1.5M
Investors
- 3
About OpenMartech
OpenMartech was founded in 2016 in Zionsville, US, by Angel Morales and Reuben Vandeventer. The company has executed 2 deals, with the most recent on March 6, 2019.OpenINSIGHTS offers a suite of AI-driven solutions for the retail sector, focusing on enhancing customer engagement and optimizing sales strategies. Its core offering, the Opportunity AI platform, utilizes machine learning algorithms to analyze customer behaviors and journeys across multiple sales channels. This platform allows retailers to develop personalized marketing strategies that drive customer acquisition, retention, and churn prevention.OpenINSIGHTS generates revenue through a combination of SaaS subscriptions and partnerships with retail clients. Clients can utilize the Opportunity AI platform as a cloud-based solution or a managed virtual appliance, facilitating scalable implementation. Additionally, the company engages in revenue-generating activities through its Proofcamp program, offering clients a low-risk opportunity to explore AI capabilities, often funded in collaboration with Google. The company is developing new features for the Opportunity AI platform, aiming for a rollout expected in 2024.
Who invested in OpenMartech
3 investors across 1 round
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Funding rounds
Seed
Mar 6, 2019
Amount
$1.5M
Investors
Questions about OpenMartech
Who invested in OpenMartech?
OpenMartech has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has OpenMartech raised?
OpenMartech has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did OpenMartech last raise money?
OpenMartech's most recent round on record is a Seed, in Mar 2019.
What does OpenMartech do?
OpenMartech was founded in 2016 in Zionsville, US, by Angel Morales and Reuben Vandeventer.
Where is OpenMartech headquartered?
OpenMartech is headquartered in Zionsville, US.
Which VCs invest in companies like OpenMartech?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back marketing/advertising companies at OpenMartech's stage. Their profiles are linked below.
VCs backing marketing/advertising startups at Seed
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