Openeyes

Commercial Automotive Insurance for Fleets

Fintech & Insurtech
Private
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Company Overview

Snapshot

Founded in March 2020 by Dan Charash, Yoav Oron, and Omry Sendik, Openeyes operates with 11–50 employees. The company has raised $23M across 2 funding rounds from 3 investors.

Business overview

Openeyes is an Insurtech company focused on providing commercial automotive insurance solutions for fleets. The company leverages cutting-edge technologies, including a risk management platform that analyzes telematics, weather, and traffic data to help fleet managers reduce accident frequency and severity. Additionally, Openeyes utilizes advanced algorithms and machine learning for precise underwriting and streamlined claims handling, aiming to offer lower rates and improve safety for commercial automotive fleets.

Strategic signal

In February 2023, Openeyes successfully closed a Series A funding round, with Pitango First. This investment validates the company's innovative approach to commercial automotive insurance and its potential to disrupt the market by offering data-driven risk management and underwriting solutions for fleets.

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Company Intelligence Q&A

When was Openeyes founded?
Openeyes was founded in March 2020.
Who are the founders of Openeyes?
The co-founders of Openeyes are Dan Charash, Yoav Oron, and Omry Sendik.
What is Openeyes' primary focus?
Openeyes primarily focuses on providing commercial automotive insurance to fleets, aiming to reduce accident frequency and severity through its risk management platform and advanced underwriting.
What was the most recent funding event for Openeyes?
Pitango First and Insight Partners led this investment.
What technology does Openeyes use to achieve its goals?
Openeyes utilizes a risk management platform that analyzes data from telematics, weather, and traffic, along with advanced algorithms and machine learning techniques for precise underwriting and streamlined claims handling.
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