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OpenEyes is a technology company.
OpenEyes provides auto insurance, leveraging proprietary technology to enhance fleet safety and reduce accident severity. Its platform enables precise underwriting and streamlines claims by identifying risk factors across fleets. This integrated approach empowers managers to implement effective safety practices, leading to fewer incidents and competitive insurance rates.
Yoav Oron, Omry Sendik, and Dan Charash co-founded OpenEyes in 2019, driven by the insight that technology could redefine fleet insurance. Oron serves as CEO, Sendik as CTO, and Charash as Chairman. Their vision focused on developing a system where advanced solutions improve fleet safety and optimize operator insurance outcomes.
The company serves diverse fleets, providing managers with data-driven insights. OpenEyes’ vision is to reshape the fleet insurance model by prioritizing accident prevention and efficient risk management. It integrates advanced technology to foster safer operations and deliver superior solutions.
OpenEyes has raised $18.0M across 1 funding round.
OpenEyes has raised $18.0M in total across 1 funding round.
OpenEyes Technologies Inc. is a Washington, DC-headquartered IT services company founded around 2009, specializing in custom software development, managed IT services, cloud computing, and staffing augmentation primarily for government agencies, non-profits, professional associations, corporations, and educational institutions.[1][2][3] It builds and offers scalable, cloud-based products like GenQue (an AI-powered assessment engine that generates psychometrically sound questions in seconds, cutting development time by up to 70%), MOE (a comprehensive HR solution for employee management and performance optimization), and specialized platforms for nurse certification, decision engines, and recruitment in shipping.[2][3] These solutions address operational inefficiencies, digital transformation needs, and cost reduction, serving organizations seeking robust, user-centric tech to enhance efficiency and reliability in competitive markets.[1][2]
With over 11 years of experience, teams in the US and India, and revenue under $5 million, OpenEyes demonstrates steady growth through awards like the "Incredible Inc. 50" from the U.S. India SME Council, focusing on tailored innovations that minimize risks and boost business performance.[1][2][3]
OpenEyes Technologies was established around 2009 in Washington, DC, with additional teams in India to leverage global expertise in IT services.[2][3] While specific founders are not detailed in available sources, the company emerged from a focus on empowering professional associations, corporations, educational institutions, and government contractors through well-designed software that drives capability, efficiency, and reliability.[3] Early traction built on a systematic development process, investing in understanding client requirements, goals, and culture, alongside staff training for proactive, expert delivery.[3] Pivotal moments include developing turnkey products like GenQue and MOE, earning the "Incredible Inc. 50 award" for US-India excellence, and expanding to serve diverse sectors with cloud-based innovations amid rising digital transformation demands.[2]
OpenEyes rides the wave of AI-driven digital transformation and cloud adoption in government, non-profits, and education, where legacy systems hinder efficiency amid rising demands for data analytics and automation.[1][2] Timing aligns with post-2020 accelerations in remote work, HR digitization, and assessment tech, fueled by market forces like budget constraints and regulatory compliance needs for agencies.[3] By enabling self-reliant operations (e.g., MOE's stakeholder empowerment) and psychometric AI (GenQue), it influences the ecosystem by lowering barriers for mid-sized organizations, fostering reliability in competitive spaces, and bridging US-India tech talent for cost-effective scaling.[2][3]
OpenEyes is poised to expand its AI and cloud portfolio, potentially targeting more government contracts and international non-profits as GenQue-like tools gain traction in edtech and HR amid AI democratization trends.[2] Evolving regulations on data privacy and AI ethics, plus hybrid work persistence, will shape its path, amplifying influence through product iterations like enhanced analytics or sector-specific platforms.[1][3] As a nimble player with proven awards and global reach, it could scale revenue beyond $5M by deepening ecosystem integrations, circling back to its core: delivering transformative tech that makes organizations more capable and efficient.[2]
OpenEyes has raised $18.0M in total across 1 funding round.
OpenEyes's investors include Insight Partners, Pitango Venture Capital, Cyphr VC, Grove Ventures, MoreVC, Redline Capital, TLV Partners, Wing Venture Capital.
OpenEyes has raised $18.0M across 1 funding round. Most recently, it raised $18.0M Series A in February 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2023 | $18.0M Series A | Insight Partners, Pitango Venture Capital | Cyphr VC, Grove Ventures, MoreVC, Redline Capital, TLV Partners, Wing Venture Capital |