Openly Secures $75M Series C Funding 

Openly, a Boston, MA – based technology-enabled provider of premium homeowners insurance through independent agents, closed a $75m Series C funding.

Advance Venture Partners and Clocktower Ventures were the backers. Obvious Ventures and Gradient Ventures were also backers. PJC Ventures. Techstars.

The company plans on using the funds to expand its home-insurance product to more states, agencies, as well as to enhance its technology and offer of insurance products.

Openly was founded by Matt Wielbut and Ty Harris. It is a premium homeowner insurance platform that offers comprehensive coverage through independent agents throughout America. Openly was founded two and a quarter years ago. It currently offers its premium homeowners products in 19 states, with the help of a network that includes over 17,000 independent agents.

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