When was OpenWrench founded?

OpenWrench was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is OpenWrench located?

OpenWrench is headquartered in San Francisco, United States.

Who is the current CEO of OpenWrench?

Matt Velker of OpenWrench. They have also founded 1 company.

How many employees does OpenWrench have?

As of Jul 01, 2024, the latest employee count at OpenWrench is 4.

Is OpenWrench a funded company?

OpenWrench is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on 2018.

When was the latest funding round of OpenWrench?

OpenWrench's latest funding was a $***** Seed round on 2018, with participation from 1 investor. Its primary sector is Field Force Automation. In United States, the Field Force Automation sector has seen $33M in funding in 2026 to date.

Where does OpenWrench rank among its competitors?

OpenWrench ranks 46th amongst 1144 active competitors, of which 83 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was 7shifts, which secured $6M in Dec, 2024.

Who are the top competitors of OpenWrench?

OpenWrench's top competitors include Harri, WorkJam and Parsable. Among them, 7shifts secured the most recent funding round in December, 2024.

OpenWrench - 2026 Company Profile, Team, Funding & Competitors

OpenWrench is a seed company based in San Francisco (United States), founded in 2018 by Vignesh Venkataraman and Matt Velker. It operates as a Workforce management solution. OpenWrench has raised $120K in funding from Y Combinator. The company has 1144 active competitors, including 83 funded and 99 that have exited. Its top competitors include companies like Harri, WorkJam and Parsable.

Company Details

OpenWrench provides workforce management solution. The platform offered by the company provides a solution to manage contractors. It allows the user to hire, dispatch and manage the same contractors. It also provides a report to track invoice data and cost. The application offered by the company is available on a monthly subscription.

Website: www.useopenwrench.com/
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Key Metrics

Founded Year

2018

Location

San Francisco, United States

Stage

Seed

Total Funding

$120K in 1 round

Latest Funding Round

Seed, 2018, $*****

Investors

Y Combinator & 1 more

Ranked

46^th among 1144 active competitors

Employee Count

4 as on Jul 01, 2024

Similar Companies

Harri & 840 more

View OpenWrench's full profile

OpenWrench has raised a total funding of $120K over 1 round. Its latest funding round was a Seed round on 2018 for $*****. 1 investor participated in its latest round. OpenWrench has 2 institutional investors.

Here is the list of recent funding rounds of OpenWrench:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2018	8398	Seed	7396	5729	1543	3036

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View details of OpenWrench's funding rounds and investors

The founders of OpenWrench are Vignesh Venkataraman and Matt Velker. Matt Velker is the CEO of OpenWrench.

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

Vignesh Venkataraman: Co-Founder & CTO of OpenWrench.
Matt Velker: Co-Founder & CEO of OpenWrench.

View details of OpenWrench's Founder profiles and Board Members

OpenWrench's employee count trend

OpenWrench has 4 employees as of Jul 24. Here is OpenWrench's employee count trend over the years:

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Top competitors of OpenWrench include Harri, WorkJam and Parsable. Here is the list of Top 10 competitors of OpenWrench, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Harri 2012, New York City (United States), Series B	Provider of workforce management platform for the hospitality service industries	$73M	Golub Growth, Atalaya Capital Management & 6 others	77/100
2nd	WorkJam 2014, Montreal (Canada), Series D	Provider of a platform for frontline workforce management and engagement	$167M	Inovia Capital, SLW & 12 others	77/100
3rd	Parsable 2013, San Francisco (United States), Acquired	Provider of collaboration software solutions for industrial workers	$133M	Lightspeed Venture Partners, Activate Capital ... & 21 others	75/100
4th	SIMPRO 2002, Broomfield (United States), Series D	Cloud-based field service management software solution	$397M	Level Equity, K1 Investment Management	70/100
5th	7shifts 2011, Regina (Canada), Series C	Restaurant management platform for scheduling, payroll, and team engagement	$128M	Napier Park Global Capital, SoftBank Vision Fund ... & 13 others	67/100
6th	Planday 2004, Copenhagen (Denmark), Acquired	Workforce Scheduling & HR solution provider	$73.1M	Creandum, Idinvest Partners & 12 others	65/100
7th	RotaGeek 2009, London (United Kingdom), Series B	Cloud-based employee scheduling software solutions	$17.2M	Mobeus Equity Partners, Calculus Capital ... & 14 others	64/100
8th	Shiftboard 2002, Seattle (United States), Acquired	Cloud-based workforce shift scheduling software	$17.4M	Alliance of Angels, Voyager Capital & 5 others	64/100
9th	Indeavor 1996, Madison (United States), Early Stage	Platform offering workforce management software solutions	$590K	-	62/100
10th	Workrise 2014, San Francisco (United States), Acquired	Employee wellness tracking and management platform	$777M	Founders Fund, BoxGroup & 25 others	61/100
46th	OpenWrench 2018, San Francisco (United States), Seed	Workforce management solution	$120K	Haystack, Y Combinator	47/100