When was Openn founded?

Openn was founded in 2016 and raised its 1st funding round 6 years after it was founded.

Where is Openn located?

Openn is headquartered in Claremont, Australia.

How many employees does Openn have?

As of Jun 30, 2026, the latest employee count at Openn is 18.

Is Openn a funded company?

Openn is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Jul 07, 2022.

When was the latest funding round of Openn?

Openn's latest funding was a $***** Post IPO round on Jul 07, 2022, with participation from 0 investor.

Where does Openn rank among its competitors?

Openn ranks 224th amongst 718 active competitors, of which 178 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Compass, which secured $2.8M in Jan, 2026.

Who are the top competitors of Openn?

Openn's top competitors include Compass, QuintoAndar and Purplebricks. Among them, Compass secured the most recent funding round in January, 2026.

Openn - 2026 Company Profile, Team, Funding & Competitors

Company Details

App-based brokerage solution for residential properties. Users can search & negotiate on the property through the platform. It offers multiple digital sales processes for the users. The platform enables buyers and sellers to sign online through the platform.Their apps are available for Android & iOS devices.

Website: www.openn.com/en-au/
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Key Metrics

Founded Year

2016

Location

Claremont, Australia

Stage

Public

Latest Funding Round

Post IPO, Jul 07, 2022, $*****

Investors

REACH & 1 more

Ranked

224^th among 718 active competitors

Employee Count

18 as on Jun 30, 2026

Investment & Acquisitions

Proffer Group

Similar Companies

Compass & 922 more

Exit Details

Public

View Openn's full profile

Openn got listed on Jul 21, 2021.

Click here to take a look at Openn's IPO in detail

Openn has raised funding over 1 round. Openn has 2 institutional investors.

Here is the list of recent funding rounds of Openn:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 07, 2022	3260102	Post IPO	7029766	4577397	9052837	3443295

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View details of Openn's funding rounds and investors

The founders of Openn are Brad Glover and Peter Gibbons.

Here are the details of Openn's key team members:

Brad Glover: Co-Founder of Openn and founder of 1 other company.
Peter Gibbons: Co-Founder & Managing Director of Openn and founder of 1 other company.

View details of Openn's Founder profiles and Board Members

Openn's employee count trend

Openn has 18 employees as of Jun 26. Here is Openn's employee count trend over the years:

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Top competitors of Openn include Compass, QuintoAndar and Purplebricks. Here is the list of Top 10 competitors of Openn, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Compass 2012, New York City (United States), Public	Real estate company that helps people buy, sell, and rent homes and apartments	$1.51B	Thrive Capital, Founders Fund & 42 others	83/100
2nd	QuintoAndar 2012, Sao Paulo (Brazil), Series E	Online brokerage firm for rental properties	$755M	SoftBank Group, Greenoaks & 23 others	81/100
3rd	Purplebricks 2012, Solihull (United Kingdom), Public	Provider of app-based brokerage services for residential properties	-	Summit Partners, Dust Road Ventures & 7 others	73/100
4th	Homie 2015, San Francisco (United States), Series B	Online listing platform to buy or sell residential properties	$39M	Valar Ventures, Frazier VC & 15 others	69/100
5th	Beike 2017, Tianjin (China), Public	Online real estate brokerage service platform	$3.62B	Tencent, Sequoia Capital China & 12 others	68/100
6th	Yopa 2015, London (United Kingdom), Series C	Provider of residential property sales services through online digital platforms	$133M	DMG Ventures, Grosvenor Hill Ventures & 15 others	66/100
7th	LandGate 2016, Denver (United States), Acquired	SaaS-driven data intelligence platform for commercial land rights management	$20M	NextEra Energy Resources, Kimmeridge & 1 others	64/100
8th	Housfy 2016, Barcelona (Spain), Series B	Online brokers of residential properties	$57.2M	Torch Capital, DN Capital & 18 others	63/100
9th	FangDD 2011, Shenzhen (China), Public	Real estate platform offering services to property developers, brokerage agencies & home buyers	$311M	CPP Investments, FountainVest Partners & 11 others	61/100
10th	HomeSmart 2000, Scottsdale (United States), Acquired	Real estate agency	-	-	61/100
224th	Openn 2016, Claremont (Australia), Public	App-based brokerage solution for residential properties	-	REACH, Second Century Ventures	27/100