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