OpenLink - About the company
OpenLink is an acquired company based in Uniondale (United States), founded in 1992. It operates as a Trading and risks management solution provider.. OpenLink has raised an undisclosed amount in funding. The company has 253 active competitors, including 68 funded and 60 that have exited. Its top competitors include companies like Sedgwick, Jumio and WorkFusion.
Company Details
OpenLink is part of private equity investment firm Hellman & Friedman. It provides trading and risk management solutions to the energy, commodities, corporate, and financial services industries. It has offices in America, Europe, Middle East, Africa, and the Asia Pacific.
- Website
- openlink.com
- Email ID
- *****@openlink.com
- Registered Address
- Uniondale, New York
Key Metrics
Founded Year
1992
Location
Uniondale, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
96th among 253 active competitors
Employee Count
492 as on Jul 01, 2024
Investment & Acquisitions
Exit Details
Acquired by ION Group (Feb 02, 2018)
Legal entities associated with OpenLink
OpenLink is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OPEN LINK FINANCIAL LLC CIN: 113125557 , United States, Active | Dec 26, 999 | - | 626 (As on Dec 31, 2017) | - |
OpenLink's acquisition details
OpenLink got acquired by ION Group on Feb 02, 2018.
Click here to take a look at OpenLink's acquisition in detail
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OpenLink's funding and investors
OpenLink has raised funding over 1 round. Its latest funding round was a Conventional Debt round on 2019 for $*****. 1 investor participated in its latest round. OpenLink has 4 institutional investors.
Here is the list of recent funding rounds of OpenLink:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2019 | 5512 | Conventional Debt | 5531 | 9863 | 7693 | 2205 |
View details of OpenLink's funding rounds and investors
OpenLink's founders and board of directors
Founder? Claim ProfileOpenLink's employee count trend
OpenLink has 492 employees as of Jul 24. Here is OpenLink's employee count trend over the years:
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OpenLink's Competitors and alternates
Top competitors of OpenLink include Sedgwick, Jumio and WorkFusion. Here is the list of Top 10 competitors of OpenLink, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sedgwick 1969, Memphis (United States), Acquired | Provider of claims administration, loss adjusting, and benefits management services | $2.63M | 78/100 | |
2nd | Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | 77/100 | |
3rd | WorkFusion 2010, New York City (United States), Acquired | Provider of robotic process automation and chatbot solutions to automate work processes | $411M | 71/100 | |
4th | ION Group 1998, New York City (United States), Late Stage | Treasury management solutions for financial institutions and banks | $400M | 68/100 | |
5th | Synctera 2019, San Francisco (United States), Series A | Provider of a platform for building and managing financial products | $95.2M | 68/100 | |
6th | Mitratech 1987, Austin (United States), Acquired | Provider of solutions for third party risk management to banks | - | 67/100 | |
7th | Unit21 Technologies 2018, San Francisco (United States), Series C | Provider of an AI-powered platform for financial crime prevention and compliance | $92M | 67/100 | |
8th | GBG 1989, Chester (United Kingdom), Public | Platform offering fraud prevention solutions | - | 67/100 | |
9th | Alloy 2015, New York City (United States), Series C | Identity decisioning platform for banks and fintech firms | $211M | 66/100 | |
10th | Socure 2012, New York City (United States), Series E | Provider of AI based platform offering identity verification | $650M | 66/100 | |
96th | OpenLink 1992, Uniondale (United States), Acquired | Trading and risks management solution provider. | - | 39/100 |
Looking for more details on OpenLink's competitors? Click here to see the top ones
OpenLink's Investments and acquisitions
OpenLink has acquired SolArc. OpenLink has not made any investments as of now.News related to OpenLink
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Fidessa Acquisition By ION Investment Gets UK Regulatory ApprovalMorningstar•Aug 22, 2018•Fidessa, OpenLink, ION Group
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Openlink secures ECB risk and treasury mangement contractFinextra•May 17, 2018•Openlink, European Central Bank, OpenLink
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MuniFin taps Openlink to drive excellence in operations and risk managementPR Newswire•May 17, 2018•OpenLink
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Openlink wins 2018 Energy Risk Award for ETRM/CTRM software house of the yearPR Newswire•May 16, 2018•OpenLink
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