Openeyes

Commercial Automotive Insurance for Fleets

Startup

Openeyes is a Tel Aviv-Yafo-based startup in the Fintech & Insurtech sector, established in 2020. Commercial Automotive Insurance for Fleets. The company has raised a total of $23M across 2 funding rounds, currently at the A stage. Openeyes was founded by Dan Charash, Yoav Oron, Omry Sendik . Key investors include Pitango First, Insight Partners, MoreVC. The company has 11-50 employees. Core technologies: Artificial Intelligence, Platforms & Interfaces, Web.

With $23M in total funding, Openeyes is a A-stage company operating in Fintech & Insurtech. The company follows a B2B business model. Product stage: Released.

$23M
Raised
2
Rounds
3
Investors
6
Team
2020
Founded
Sector & Technology
Fintech & InsurtechInsurtechArtificial IntelligencePlatforms & InterfacesWeb
At a Glance
Investors
Founders
In the News

1 article covered by sources including www.calcalistech.com.

www.calcalistech.com · Feb 15, 2023
Insurtech startup OpenEyes raises $18 million Series A for commercial auto insurance for fleets | CTech
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Frequently Asked Questions
What does Openeyes do?

OpenEyes is an insurance company dedicated to providing innovative solutions to the commercial automotive industry. The company’s primary focus is on offering commercial automotive insurance to fleets of all kinds at lower rates. To achieve this goal, OpenEyes has developed a range of cutting-edge technologies that help fleet managers and safety officers reduce the frequency and severity of traffic accidents. The core of OpenEyes’ offering is its risk management platform, a powerful software solution that enables fleet managers and safety officers to identify the sources of risk in their fleet quickly and easily. By analyzing data from a range of sources, including telematics, weather, and traffic data, OpenEyes is able to provide insights into the most common causes of accidents, allowing fleet managers to implement practices that reduce the frequency of accidents and improve safety for their drivers. In addition to its risk management platform, OpenEyes has developed solutions for precise underwriting and claims handling. By using advanced algorithms and machine learning techniques, the company is able to underwrite policies more accurately, which can result in lower rates for customers. OpenEyes also streamlines claims handling, making the process quicker and more efficient for both the company and its customers.

How much funding has Openeyes raised?

Openeyes has raised $23M in total funding across 2 rounds. The company is currently at the A stage. Key investors include Pitango First, Insight Partners, MoreVC.

Who founded Openeyes?

Openeyes was founded in 2020 by Dan Charash (Co-founder & Chairman), Yoav Oron (Co-founder & CEO), Omry Sendik ( Co-founder & CTO).

What sector is Openeyes in?

Openeyes operates in Fintech & Insurtech, Insurtech, with core technologies in Artificial Intelligence, Platforms & Interfaces, Web. Target customers: Financial Services, Financial Products, Insurance, Industrial Manufacturing, Discrete Industries, Automotive, Transportation & Logistics, Transportation Infrastructure, Road & Rail.

Where is Openeyes located?

Openeyes is based in Shlomo Ibn Gabirol St 71, Tel Aviv-Yafo, Israel. The company also has offices abroad.

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