OpenQ

Medical Devices & EquipmentSeries BCharlottesville, USopenq.com

Latest round

Series B

Last raised

Jul 2011

Total raised

$8M

Investors

2

About OpenQ

OpenQ Inc.Founded in 2006 by Andrew OBrien and Jim Zuffoletti in Charlottesville, US, OpenQ Inc. specializes in operational software. The company has undergone a significant change, being acquired by Anju Software in April 2017.OpenQ Inc. is focused on delivering a suite of software tools designed to enhance operational efficiency for businesses. Their offerings target critical challenges such as data management and customer engagement, serving primarily mid-sized to large enterprises across sectors like retail, finance, and healthcare.OpenQ operates a subscription-based revenue model, where clients pay recurring fees for access to its software and services. This approach enables predictable revenue streams and strong customer retention, supported by continuous updates.OpenQ Inc. is set to expand its product offerings with new software solutions aimed at enhancing functionality and user experience. Plans are in place to target new geographic markets, particularly in Europe and Asia, by 2024.50 mn will be utilized to support these initiatives, particularly in product development and market entry strategies following the acquisition by Anju Software.

Who invested in OpenQ

2 investors across 2 rounds

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Funding rounds

  1. Series B

    Jul 14, 2011

    Amount

    $5.5M

    Investors

    Locked

  2. Series A

    Sep 11, 2009

    Amount

    $2.5M

    Investors

    Locked

Questions about OpenQ

Who invested in OpenQ?

OpenQ has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has OpenQ raised?

OpenQ has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did OpenQ last raise money?

OpenQ's most recent round on record is a Series B, in Jul 2011.

What does OpenQ do?

OpenQ is a medical devices & equipment company.

Where is OpenQ headquartered?

OpenQ is headquartered in Charlottesville, US.

Which VCs invest in companies like OpenQ?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at OpenQ's stage. Their profiles are linked below.

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