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OpenClose - About the company

OpenClose is an acquired company based in West Palm Beach (United States), founded in 1999. It operates as a Web-based mortgage lending solutions.. The company has 240 active competitors, including 34 funded and 36 that have exited. Its top competitors include companies like Acre, SimpleNexus and Fuse.

Company Details

OpenClose provides a web-based mortgage lending solutions to financial institutions. Its main products are: 1.Lender Assist: Web-based loan origination software system (LOS).; 2.Decision Assist: Loan eligibility and pricing engine.; 3.Consumer Assist: Develops custom consumer websites and tools.; 4.Office Assist: Intranet suite designed specifically for lenders.; 5.Doc Assist: Loan document imaging, storage and retrieval solution.
Social
X
Key Metrics
Founded Year
1999
Location
West Palm Beach, United States
Stage
Acquired
Ranked
Employee Count
21 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by MeridianLink (Nov 07, 2022)

OpenClose's acquisition details

OpenClose got acquired by MeridianLink on Nov 07, 2022.
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OpenClose's funding and investors

OpenClose has not raised any funding rounds yet.

OpenClose's founders and board of directors

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OpenClose's employee count trend

OpenClose has 21 employees as of Aug 26. Here is OpenClose's employee count trend over the years:
Employee count trend for OpenClose
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OpenClose's Competitors and alternates

Top competitors of OpenClose include Acre, SimpleNexus and Fuse. Here is the list of Top 10 competitors of OpenClose, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Acre
Acre
2018, London (United Kingdom), Acquired
Blockchain-based solution for mortgage and insurance application process
$14.5M
63/100
2nd
Logo for SimpleNexus
SimpleNexus
2011, Draper (United States), Acquired
Developer of loan life cycle management platforms for mortgage lenders
$128M
62/100
3rd
Logo for Fuse
Fuse
2011, New York City (United States), Series A
Loan origination solutions for banks and lenders
$30.9M
62/100
4th
Logo for Mesa
Mesa
2023, Austin (United States), Series A
Online platform offering mortgage loan management
$31.2M
61/100
5th
Logo for Lama AI
Lama AI
2022, New York City (United States), Series A
Provider of AI-based solutions for digital business leveraging
$20M
60/100
6th
Logo for WonderLend Hubs
WonderLend Hubs
2016, Mumbai (India), Seed
Provider of incentive compensation management and lending technology platforms software
$2.32M
60/100
7th
Logo for Vesta
Vesta
2020, San Francisco (United States), Series A
Developer of a data-centric, rules-driven, and extensible mortgage infrastructure platform
$35M
59/100
8th
Logo for M·QUBE
M·QUBE
2016, Guildford (United Kingdom), Acquired
Hamilton & Inches | Luxury Jewellers in Edinburgh
$35.6M
59/100
9th
Logo for Ready Capital
Ready Capital
2011, New York City (United States), Public
Provider of commercial real estate and small business financial solutions
-
58/100
10th
Logo for Cloudvirga
Cloudvirga
2015, Irvine (United States), Acquired
Cloud-based platform empowering lenders with borrower-centric digital lending experiences
$101M
57/100
92nd
Logo for OpenClose
OpenClose
1999, West Palm Beach (United States), Acquired
Web-based mortgage lending solutions.
-
-
28/100
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OpenClose's Investments and acquisitions

OpenClose has made no investments or acquisitions yet.

Reports related to OpenClose

Here is the latest report on OpenClose's sector:

News related to OpenClose

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•
Essent Announces New Integration with OpenClose®Business Wire•Nov 18, 2021•Essent Group, OpenClose
•
National MI Integrates with OpenCloseGlobeNewswire•Nov 10, 2021•OpenClose, National MI
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FAQs about OpenClose

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