# Openly

## At a glance

| Field | Value |
| --- | --- |
| Type | MGA |
| Region | NA |
| Headquarters | Boston, MA, USA |
| Founded | 2017 |
| Stage | Growth |
| Employees | 201-500 |
| Funding | USD 368M total (Series D USD 193M) |

## Overview

Openly is a Boston-based premium homeowners insurance company that distributes through independent agents using a proprietary technology platform. Founded in 2017 by industry veterans Ty Harris and Matt Wielbut, Openly targets the high-value home segment, focusing on homes with USD 400K to USD 3M replacement cost. The company's in-house technology stack enables real-time underwriting decisions drawing from more than 50 data points in seconds, delivering a superior agent experience compared to traditional insurers. In 2023, Openly generated USD 301M in written premiums for its carrier partner, Rock Ridge Insurance Company.

## Links

- Website: <https://openly.com>
- Directory profile: <https://insurtechlist.com/companies/openly/>
- Pressroom: <https://openly.com/pressroom>

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*Last updated: 2026\-05\-17*