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Company Profiles: Revenue, Growth, Competition

OPENLY Revenue, Growth & Competitor Profile

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Company Awards

VC / Private Equity
Venture Capital / Private Equity
Fast Growing
Fastest Growing
Big Fish
Big Fish
Brain Power (IP)
Patent/Trademark IP
 

Company Profile & Annual Report for Openly

Access the complete profile.

Openly Fast Facts

RevenueOver $500 million    See Exact Annual Revenue
Employees100 - 500Exact Company Size
Primary Industry5241 Insurance Carriers
Additional NAICS Codes52415
52421 Insurance Agencies & Brokers
Address131 Dartmouth Street
3rd Floor
Boston, MA 02116

openlyinsured.com
Note: Revenues for privately held companies are statistical evaluations.


Openly's annual revenues are over $500 million (see exact revenue data) and has 100-500 employees. It is classified as operating in the Insurance Carriers industry.


Openly's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?

Openly Annual Revenue and Growth Rate

Openly Revenue Est.
($ Million)
Growth Rate (%)# Employees
2023 Details in Premium Report
2022
2021
2020
2019


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Openly's revenues are gauged from an analysis of company filings.



Investor Activity

Openly has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date Investors Percent Raised Target Size
June 19, 2020 31 100%$15 MM
Complete list of funding rounds and total amounts in the Company Report




Openly's Income Statement (based on Industry Averages)

$ Millions
(Industry Average)
Openly Revenue (Sales) Openly Premium Report
Cost of Goods Sold
Gross Profit

Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit
 


Trademark Applications

Trademark applications show the products and services that Openly is developing and marketing. Openly doesn't have any recent trademark applications, indicating Openly is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
OPENLY
Insurance services, namely, underwriting, brokering, issuing and administration in the fields of automobile insurance, vehicle insurance, renters insurance, life insurance, and commercial insurance
02/28/2018

See all trademarks and details in the Full Report.


Recession Risk

Determine whether Openly grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Openly is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



U.S. Industry Overview & Market Statistics:
Insurance Carriers

Publisher: AnythingResearch

  • Market Size
  • Growth Rate
  • 5-Year Market Forecast
  • Average Company Size & Growth
  • Salary & Compensation Benchmarks



Market Share of Openly's Largest Competitors

A competitive analysis shows these companies are in the same general field as Openly, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
CITY OF GARYGary, IN100 
ELEVANCE HEALTHIndianapolis, IN44 
SECURIAN LIFE INSURANCESaint Paul, MN33 
ATH HOLDINGIndianapolis, IN31 
HUMANALouisville, KY27 
STATE FARM MUTUAL AUTOMOBILE INSURANCEBloomington, IL26 
AMALGAMATED LIFE INSURANCE COMPANY EMPLOYEE BENEFIT FUNDWhite Plains, NY25 
PRUDENTIAL INSURANCENewark, NJ14 
AMERICAN INTERNATIONAL GROUPNew York, NY13 




Nearby Competitors

These companies are similar in business line and location to Openly. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
MANUFACTURERS INVESTMENTBoston, MA100 
JOHN HANCOCK VARIABLE TRUST ADVISERSBoston, MA99 
PLYMOUTH ROCK ASSURANCEBoston, MA32 
BERKSHIRE HATHAWAY SPECIALTY INSURANCEBoston, MA16 
OPENLYBoston, MA12 
SAFETY INSURANCE GROUPBoston, MA9 




Future Competition: Openly's Fastest Growing Competitors

These companies are in the same general field as Openly and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Openly Competitors