OpenWeb: Raises $170M In Series F Funding At $1.5 Billion Valuation

OpenWeb Raises $170M In Series F Funding At $1.5 Billion Valuation

  • OpenWeb, a NYC-based premium community engagement platform, raised $170M in Series F funding
  • The round, which was led by Georgian, brings its total valuation to $1.5 billion
  • The company intends to use the funds for continued expansion as it grows from 100+ million active monthly users and pursues new publishers, more advertisers, innovative partnerships, and applications
  • The company partners with publishers and brands to build direct relationships with their audiences
  • The technology empowers its partners to build communities rooted in conversations and social experiences
  • The company’s B2B2C platform is designed to power end-to-end user experiences with user activation and management, first-party data aggregation and management, AI moderation, and social experiences
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Amex Strengthens Digital Services with AI Expense Management Acquisition

American Express to acquire Hyper to enhance its business offerings.Highlights: American Express announces the acquisition of AI startup...

UK Banks Strengthen Cybersecurity with Anthropics Mythos Model

New collaboration enhances banks' defense against cyber threats.Highlights: UK banks to access Anthropics Mythos model in the upcoming...

UK Banks to Gain Access to Anthropic Cybersecurity Model Next Week

New collaboration enhances cybersecurity for UK banking institutions.Highlights: UK banks set to access Anthropic's cybersecurity model soon.Collaboration aims...

ABN AMRO Expands Access to Crypto Investments

The bank now offers clients direct access to cryptocurrency.Highlights: ABN AMRO now allows clients to invest in cryptocurrency...