The round was led by Eden Global Partners, a financial institution specializing in providing long-term capital solutions and strategic financial guidance, with additional participation from a mix of current and new investors including Gradient Ventures, Clocktower Technology Ventures, Trinity Capital, and others. As part of the transaction, David Dwek, Eden Global Partner's Chief Executive Officer, has joined Openly's Board of Directors.

Openly is a remote-first premium homeowners insurance company. Its centralized platform offers comprehensive coverage, market-leading technology, and exceptional service. Founded by industry veterans in 2017, Openly is dedicated to delivering modern and transparent homeowners insurance and empowering independent agents across America.