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Open GI - About the company

Open GI is an acquired company based in Worcester (United Kingdom), founded in 1979. It operates as a Software Provider for Insurance Market. Open GI has raised an undisclosed amount in funding. The company has 658 active competitors, including 111 funded and 106 that have exited. Its top competitors include companies like Guidewire, Duck Creek and FintechOS.

Company Details

Open GI is an insurance software provider which provides broker software and Insurer Solutions. Its product includes policy administration, accounting, FCA compliant, underwriting platform and solutions. It serves Insures, MGA, brokers across all personal and commercial line distribution.It is part of the Open International Group.
Social
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Email ID
*****@opengi.co.uk
Key Metrics
Founded Year
1979
Location
Worcester, United Kingdom
Stage
Acquired
Investors
Ranked
Employee Count
441 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Montagu (Aug 18, 2014)

Open GI's acquisition details

Open GI got acquired by Montagu on Aug 18, 2014.
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Open GI's funding and investors

Open GI has raised funding over 1 round. Open GI has 1 institutional investor.

Here is the list of recent funding rounds of Open GI:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 26, 2013
8243407
Conventional Debt
2282480
7011865
5584862
8213336
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Open GI's founders and board of directors

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Open GI's employee count trend

Open GI has 441 employees as of Jun 26. Here is Open GI's employee count trend over the years:
Employee count trend for Open GI
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Open GI's Competitors and alternates

Top competitors of Open GI include Guidewire, Duck Creek and FintechOS. Here is the list of Top 10 competitors of Open GI, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Guidewire
Guidewire
2001, San Mateo (United States), Public
Cloud-based platform for property and casualty insurance
-
77/100
2nd
Logo for Duck Creek
Duck Creek
2000, Boston (United States), Acquired
Provider of cloud-based solutions for property and casualty and general insurance
$350M
71/100
3rd
Logo for FintechOS
FintechOS
2017, London (United Kingdom), Series B
Provider of AI-based software suite for the banking and insurance industry
$146M
68/100
4th
Logo for Hyperexponential
Hyperexponential
2017, London (United Kingdom), Series B
Developer of software for commercial insurance pricing and underwriting workflows
$91M
68/100
5th
Logo for Insurity
Insurity
1985, Hartford (United States), Acquired
AI and cloud-based policy management and claims administration solutions
$57M
67/100
6th
Logo for iPipeline
iPipeline
1995, Exton (United States), Acquired
Cloud-based software suite for life insurance and financial services industry
$104M
67/100
7th
Logo for Bold Penguin
Bold Penguin
2016, Columbus (United States), Acquired
Software suite for the commercial insurance industry
$50.1M
66/100
8th
Logo for Tinubu
Tinubu
2000, Moulineaux (France), Series D
Cloud-based software solutions for credit insurers, surety bonds & trade finance
$147M
65/100
9th
Logo for OneShield
OneShield
1999, Marlborough (United States), Series E
Cloud-based insurance policy and claims management solutions for the p&c insurance industry
$52.5M
65/100
10th
Logo for Newfront
Newfront
2017, San Francisco (United States), Acquired
Provider of insurance brokerage and total rewards services
$300M
64/100
77th
Logo for Open GI
Open GI
1979, Worcester (United Kingdom), Acquired
Software Provider for Insurance Market
-
48/100
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Open GI's Investments and acquisitions

Open GI has made 1 investment in Machine Learning Programs and acquired HUGHUB.

Reports related to Open GI

Here is the latest report on Open GI's sector:

News related to Open GI

lockFilter this list
Media has covered Open GI for 1 event in last 1 year, It was about people movement.
Results dip at software firmInsider MediaMar 23, 2021Open GI
Software company reports results riseInsider MediaMar 03, 2020Open GI
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FAQs about Open GI

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