OpenEyes
OpenEyes is a technology company.
Financial History
OpenEyes has raised $18.0M across 1 funding round.
Frequently Asked Questions
How much funding has OpenEyes raised?
OpenEyes has raised $18.0M in total across 1 funding round.
OpenEyes is a technology company.
OpenEyes has raised $18.0M across 1 funding round.
OpenEyes has raised $18.0M in total across 1 funding round.
OpenEyes has raised $18.0M in total across 1 funding round.
OpenEyes's investors include Cyphr VC, Grove Ventures, Insight Partners, MoreVC, Pitango Venture Capital, Redline Capital, TLV Partners, Wing Venture Capital.
OpenEyes Technologies Inc. is a Washington, DC-headquartered IT services company founded around 2009, specializing in custom software development, managed IT services, cloud computing, and staffing augmentation primarily for government agencies, non-profits, professional associations, corporations, and educational institutions.[1][2][3] It builds and offers scalable, cloud-based products like GenQue (an AI-powered assessment engine that generates psychometrically sound questions in seconds, cutting development time by up to 70%), MOE (a comprehensive HR solution for employee management and performance optimization), and specialized platforms for nurse certification, decision engines, and recruitment in shipping.[2][3] These solutions address operational inefficiencies, digital transformation needs, and cost reduction, serving organizations seeking robust, user-centric tech to enhance efficiency and reliability in competitive markets.[1][2]
With over 11 years of experience, teams in the US and India, and revenue under $5 million, OpenEyes demonstrates steady growth through awards like the "Incredible Inc. 50" from the U.S. India SME Council, focusing on tailored innovations that minimize risks and boost business performance.[1][2][3]
OpenEyes Technologies was established around 2009 in Washington, DC, with additional teams in India to leverage global expertise in IT services.[2][3] While specific founders are not detailed in available sources, the company emerged from a focus on empowering professional associations, corporations, educational institutions, and government contractors through well-designed software that drives capability, efficiency, and reliability.[3] Early traction built on a systematic development process, investing in understanding client requirements, goals, and culture, alongside staff training for proactive, expert delivery.[3] Pivotal moments include developing turnkey products like GenQue and MOE, earning the "Incredible Inc. 50 award" for US-India excellence, and expanding to serve diverse sectors with cloud-based innovations amid rising digital transformation demands.[2]
OpenEyes rides the wave of AI-driven digital transformation and cloud adoption in government, non-profits, and education, where legacy systems hinder efficiency amid rising demands for data analytics and automation.[1][2] Timing aligns with post-2020 accelerations in remote work, HR digitization, and assessment tech, fueled by market forces like budget constraints and regulatory compliance needs for agencies.[3] By enabling self-reliant operations (e.g., MOE's stakeholder empowerment) and psychometric AI (GenQue), it influences the ecosystem by lowering barriers for mid-sized organizations, fostering reliability in competitive spaces, and bridging US-India tech talent for cost-effective scaling.[2][3]
OpenEyes is poised to expand its AI and cloud portfolio, potentially targeting more government contracts and international non-profits as GenQue-like tools gain traction in edtech and HR amid AI democratization trends.[2] Evolving regulations on data privacy and AI ethics, plus hybrid work persistence, will shape its path, amplifying influence through product iterations like enhanced analytics or sector-specific platforms.[1][3] As a nimble player with proven awards and global reach, it could scale revenue beyond $5M by deepening ecosystem integrations, circling back to its core: delivering transformative tech that makes organizations more capable and efficient.[2]
OpenEyes has raised $18.0M across 1 funding round. Most recently, it raised $18.0M Series A in February 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2023 | $18.0M Series A | Cyphr VC, Grove Ventures, Insight Partners, MoreVC, Pitango Venture Capital, Redline Capital, TLV Partners, Wing Venture Capital |