# OpenOrigins

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

- Industry: Software
- Headquarters: London, UK
- Website: www.openorigins.com
- Total disclosed funding: $4.5M
- Latest round: Seed (Aug 2, 2024)
- Investors on record: 3

## About

OpenOrigins, based in the UK, specializes in digital media archiving solutions, ensuring long-term preservation and accessibility of diverse media assets for industries like media, entertainment, and education.Founded in 2021 and headquartered in London, UK, OpenOrigins focuses on providing digital media archiving solutions. The company is led by co-founders Ari A, Manny (Mansoor) A., and Tilly Farmery. In August 2024, OpenOrigins successfully raised USD 4.5 mn in Seed funding led by Galaxy Interactive, along with Galaxy Ventures and Unbound. With a total amount raised of USD 4.5 mn and a current valuation of USD 22.25 mn, the company has completed one deal to date.OpenOrigins specializes in digital media archiving solutions designed to ensure the long-term preservation and accessibility of media assets. The company offers a comprehensive suite of tools that facilitate secure media ingestion, enabling clients to efficiently upload and store vast quantities of digital content. Their service aims to address the challenges of data loss and obsolescence, particularly for industries that rely heavily on digital archives, such as media, entertainment, and educational institutions. OpenOrigins serves a diverse client base, including media companies, educational institutions, and cultural organizations that require reliable and future-proof archiving solutions. The company's products are marketed primarily in the European and North American regions, where the demand for digital preservation technologies continues to grow.Revenue generation for OpenOrigins is primarily structured around subscription-based models tailored to meet the varying needs of its clients. Clients engage with the company through multiple tiers of service packages that offer different levels of media storage, access, and support. These packages accommodate a range of customer sizes, from small media entities to large organizations with extensive archival needs. Revenue is driven by the number of active subscriptions and associated services such as technical support and consultation. The flagship products within their offerings are strategically priced to reflect the value of secure media storage and the expertise provided, allowing for streamlined transactions and predictable revenue streams.In October 2024, OpenOrigins raised USD 4.5 mn in Seed funding, led by Galaxy Interactive, to support the company's development and expansion plans. The funding will be used to further enhance OpenOrigins’ digital archiving solutions, with upcoming product launches aimed at improving user experience and storage capacity. The company is also planning to expand into new markets, particularly targeting the European and North American regions, by the end of 2024.

## Funding rounds

- Seed, Aug 2, 2024, $4.5M — Galaxy Ventures, Unbound, Galaxy Interactive

## Investors

- Galaxy Ventures — Seed
- Unbound (https://capitalatlas.ai/funds/unbound) — Seed
- Galaxy Interactive — Seed