When was OpenSpec founded?

OpenSpec was founded in 2025 and raised its 1st funding round 1 year after it was founded.

Is OpenSpec a funded company?

OpenSpec is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jan 01, 2026.

When was the latest funding round of OpenSpec?

OpenSpec's latest funding was a $***** Seed round on Jan 01, 2026, with participation from 1 investor.

Where does OpenSpec rank among its competitors?

OpenSpec ranks 29th amongst 161 active competitors, of which 5 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Mintlify, which secured $45M in Apr, 2026.

Who are the top competitors of OpenSpec?

OpenSpec's top competitors include Mintlify, GitBook and Parse. Among them, Mintlify secured the most recent funding round in April, 2026.

OpenSpec - 2026 Company Profile, Funding & Competitors

Company Details

Developer of a framework for managing software requirements via specifications. This tool enables the creation of documentation that resides within a code repository to track functional requirements and system changes. It generates proposals, implementation tasks, and technical design decisions to assist in the development process. The framework integrates with coding agents to provide context for system modifications and feature planning. By maintaining requirements alongside source code, the system ensures that documentation remains accessible for developers throughout the software lifecycle.

Key Metrics

Founded Year

2025

Stage

Seed

Total Funding

$500K in 1 round

Latest Funding Round

Seed, Jan 01, 2026, $*****

Investors

Y Combinator

Ranked

29^th among 161 active competitors

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View OpenSpec's full profile

OpenSpec has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on Jan 01, 2026 for $*****. 1 investor participated in its latest round. OpenSpec has 1 institutional investor.

Here is the list of recent funding rounds of OpenSpec:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 2026	2147554	Seed	1746413	2849537	1132988	1598371

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Top competitors of OpenSpec include Mintlify, GitBook and Parse. Here is the list of Top 10 competitors of OpenSpec, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mintlify 2022, San Francisco (United States), Series B	Provider of a platform for creating and maintaining technical documentation	$66.3M	Andreessen Horowitz, Salesforce Ventures & 9 others	60/100
2nd	GitBook 2014, Lyon (France), Funding Raised	Technical Documentation tool	-	Kima Ventures, Point Nine & 1 others	48/100
3rd	Parse 2011, Menlo Park (United States), Acquired	Mobile backend-as-a-service platform	$8.54M	Ignition Partners, Y Combinator & 15 others	48/100
4th	ReadMe 2015, San Francisco (United States), Series A	Documentation and digital transaction management software	$9M	Accel, Eight Roads Ventures & 10 others	41/100
5th	SpecFlow 2009, Vienna (Austria), Acquired	Open-source application development framework	-	-	28/100
6th	Monodox 2025, Barcelona (Spain), Unfunded	Developer of software products and platforms for streamlining development workflows	-	-	24/100
7th	GrokOla 2013, Leawood (United States), Unfunded	Knowledge transfer engine for development teams with wiki and API governance	-	-	24/100
8th	GitSummarize Unfunded	GitSummarize	-	-	24/100
9th	Puzzles Cloud 2018, Munich (Germany), Unfunded	Provider of technical documentation platform for agile projects and version control	-	-	24/100
10th	Doc-O-Matic 1999, Sparks (United States), Unfunded	Source code documentation and help authoring tool for software developers	-	-	24/100
29th	OpenSpec 2025, Seed	Developer of a framework for managing software requirements via specifications	$500K	Y Combinator	17/100