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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 744 active competitors, including 114 funded and 108 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
426 as on Aug 31, 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
8973587
Conventional Debt
6874769
5025568
9255688
9897645
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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 426 employees as of Aug 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
Developer of software platforms for property and casualty insurance operations
-
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 Bestow
Bestow
2016, Dallas (United States), Series D
Developer of life insurance new business and administration software platform solutions
$216M
68/100
5th
Logo for Insurity
Insurity
1985, Hartford (United States), Acquired
AI and cloud-based policy management and claims administration solutions
$57M
68/100
6th
Logo for Bold Penguin
Bold Penguin
2016, Columbus (United States), Acquired
Software suite for the commercial insurance industry
$50.1M
67/100
7th
Logo for iPipeline
iPipeline
1995, Exton (United States), Acquired
Cloud-based software suite for life insurance and financial services industry
$104M
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 Hyperexponential
Hyperexponential
2017, London (United Kingdom), Series B
Developer of software for commercial insurance pricing and underwriting workflows
$91M
65/100
10th
Logo for Bravura Solutions
Bravura Solutions
2004, Edinburgh (United Kingdom), Acquired
Software solutions for life insurance and wealth management
$28.4M
64/100
76th
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 and Transactor.
Here is the list of these investments and acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Apr 04, 2024
Acquisition
2016
Sep 03, 2019
Investments
2018
Dublin (Ireland)
Apr 06, 2017
Acquisition
2010
Winchester (United Kingdom)
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Reports related to Open GI

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

News related to Open GI

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

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