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Venture Capital News: OpenEyes Emerges With $18M Series A Round

2023-02-14
NEW YORK, NY, OpenEyes, an insurtech company serving commercial automotive fleets, today emerged from stealth with $18 million in Series A funding.
The round was led by global software investor Insight Partners and Pitango First, with participation by MoreVC, which led the seed round together with Pitango First. OpenEyes will use the funding to fuel the development of its cutting-edge technology and to hire additional team members to support its increasing US operations. To date, OpenEyes has raised a total of $23 million.

OpenEyes serves commercial fleets of all kinds with first class insurance. OpenEyes enables attractive rates by empowering your fleet with their own technological suite, reducing the frequency and severity of traffic accidents. Using the company's innovative technology, fleet managers and safety officers can identify the sources of risk in their fleet, empowering them to implement practices to reduce losses.
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