OpenBB is a technology company.
OpenBB has raised $9.0M across 1 funding round.
OpenBB has raised $9.0M in total across 1 funding round.
OpenBB has raised $9.0M in total across 1 funding round.
OpenBB's investors include Accomplice VC, Andreessen Horowitz, Earlybird Venture Capital, Flex Capital, GFT Ventures, Madrona Ventures, Mango Capital, Pareto Holdings, Prototype Capital, Sherpalo Ventures, Susa Ventures, The Hit Forge.
OpenBB is an open-source financial technology company founded in 2021 that builds an AI-powered investment research platform, including the OpenBB Terminal and Workspace, to deliver scalable analytics tools for modern finance.[1][2][5] It serves equity analysts, developers, day traders, academia, asset managers, and enterprises by aggregating data from over 100 sources—such as equities, options, forex, macroeconomics, and unstructured content—solving the problem of fragmented, expensive proprietary tools like Bloomberg Terminal through free, collaborative open-source alternatives with enterprise upgrades.[2][4][5] With 131k registered users, 55k GitHub stars, and $8.5M in seed funding, OpenBB shows strong growth via community adoption and products like Terminal Pro (with Excel add-in, SDK, and AI agents) plus a generally available Workspace offering free tiers, on-prem deployment, SOC 2 compliance, and AI-driven workflows for earnings analysis and investor prep.[1][2][3][5]
OpenBB was founded in 2021 by software engineer Didier Lopes in Alexandria, Virginia, initially as a Python-based command-line interface (CLI) to enable amateur investors and enthusiasts to access diverse financial datasets for free, addressing the lack of open-source options in a monopolistic industry.[2][4] Lopes, motivated by financial professionals' surprise at the open-sourcing, grew it into a community project with 50k+ users before raising $8.5M in seed funding from OSS Capital and angels like Ram Shriram (early Google backer).[2][3] Pivotal moments include launching Terminal Pro for enterprises with big clients like Pangaea Logistics and a $6.4B AUM firm, unveiling Workspace demos in San Francisco and New York (introducing AI Copilot), achieving general availability with a free tier, and making it enterprise-ready with VPC, SSO, and compliance features.[1][2]
OpenBB stands out in fintech through these key strengths:
OpenBB rides the open-source and AI disruption wave in finance, where Wall Street shifts from proprietary silos to collaborative tools amid rising data availability and cost pressures—evident in 100k+ signups and adoption by firms like Morgan Stanley embracing OSS for non-core functions.[1][4] Timing aligns with AI maturation (e.g., Llama models in finance) and demand for transparent, customizable platforms over Bloomberg-like monopolies, enabling faster analytics on free datasets like FRED's 800k points.[4][5] It influences the ecosystem by fostering 37+ built-on solutions, empowering retail-to-enterprise users, and accelerating AI experimentation in secure environments, thus lowering barriers for quant research and strategy across startups and incumbents.[1][2][5]
OpenBB is poised to expand its AI Workspace dominance with deeper enterprise adoption, leveraging on-prem security and custom app-building to capture more AUM firms and quants amid AI-finance convergence.[1][5] Trends like multimodal data integration and agentic AI will shape its path, potentially growing via partnerships and SDK extensions as open-source finance scales.[2][4] Its influence may evolve from community disruptor to infrastructure layer, much like NumPy did for data science, solidifying open, collaborative tools as the future of investment analysis.[1][4]
OpenBB has raised $9.0M across 1 funding round. Most recently, it raised $9.0M Seed in March 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2022 | $9.0M Seed | Accomplice VC, Andreessen Horowitz, Earlybird Venture Capital, Flex Capital, GFT Ventures, Madrona Ventures, Mango Capital, Pareto Holdings, Prototype Capital, Sherpalo Ventures, Susa Ventures, The Hit Forge, UpHonest Capital, Adam D'Angelo, Adam Foroughi, Jake Zeller, Matias Woloski, Ricardo Marino |