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Open Phone Raises $40M To Replace Your Work Phone And Office Pbx With An App

Apr 07, 2022over 3 years ago

Amount Raised

$40 Million

Description

Pam answering the phone at Dunder Mifflin become one of the most iconic refrains of life at The Office, and it’s really no wonder that it did: businesses big and small have long run on communications as played out over PBXs, voice mail, cold and warm calls, customer help lines, and more recently the never-escapable, always-with-you cell phone. All that has, slowly but surely, been changing, though, and today one of the startups hoping to be a leader in disrupting that tune is announcing some funding as it finds some growth, currently handing some 10 million calls and messages monthly for its customers.

Company Information

Company

Open Phone

About

Prior to that, the company previously went through Y Combinator back in 2018. The company, as you might imagine with a YC startup, found its earliest traction with other entrepreneurs going through YC, and it has grown with its users, gradually bringing in more services such as PBX replacements, and they are building integrations with established CRM and sales software.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech