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The Open Application Network - About the company

The Open Application Network is a seed company based in Toronto (Canada), founded in 2017 by Matthew Spoke. It operates as a Cross-platform application development solutions provider. The Open Application Network has raised $22M in funding from Nuco. The company has 459 active competitors, including 56 funded and 31 that have exited. Its top competitors include companies like Paxos, BTSE and Anysphere.

Company Details

Cross-platform application development solutions provider. The features of the product include tamper-proof voting, development of cross-platform rewards programs, crowd-source funding, digital reputation, etc.
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Key Metrics
Founded Year
2017
Location
Toronto, Canada
Stage
Seed
Total Funding
$22M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
11 as on Aug 31, 2026
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The Open Application Network's funding and investors

The Open Application Network has raised a total funding of $22M over 1 round. Its latest funding round was a Seed round on Oct 10, 2017 for $*****. 1 investor participated in its latest round. The Open Application Network has 16 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of The Open Application Network:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 10, 2017
9107255
Seed
2880418
1247125
1881333
4313721
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The Open Application Network's founders and board of directors

Founder? Claim Profile
The founders of The Open Application Network is Matthew Spoke.
Here are the details of The Open Application Network's key team members:

The Open Application Network's employee count trend

The Open Application Network has 11 employees as of Aug 26. Here is The Open Application Network's employee count trend over the years:
Employee count trend for The Open Application Network
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The Open Application Network's Competitors and alternates

Top competitors of The Open Application Network include Paxos, BTSE and Anysphere. Here is the list of Top 10 competitors of The Open Application Network, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Paxos
Paxos
2012, New York City (United States), Series D
Provider of blockchain infrastructure and regulated stablecoin solutions for enterprises
$535M
78/100
2nd
Logo for BTSE
BTSE
2018, San Jose (Costa Rica), Series A
Cryptocurrencies exchange platform
$22M
-
67/100
3rd
Logo for Anysphere
Anysphere
2022, San Francisco (United States), Acquired
Developer of software and models for automating code and improving programmers
$3.38B
67/100
4th
Logo for Fordefi
Fordefi
2021, New York City (United States), Acquired
MPC wallet platform and web3 gateway solution
$28M
65/100
5th
Logo for Farcaster
Farcaster
2020, Los Angeles (United States), Acquired
Decentralized white-label social platform provider
$180M
65/100
6th
Logo for Progress
Progress
1981, Bedford (United States), Public
Platform offering IDE based application development software
-
64/100
7th
Logo for Qt Group
Qt Group
1995, Helsinki (Finland), Acquired
Developer of cross-platform software development tools and quality assurance solutions
$6.7M
64/100
8th
Logo for Posit
Posit
2009, Boston (United States), Series D
Posit | The Open-Source Data Science Company
$164M
63/100
9th
Logo for Daytona
Daytona
2023, New York City (United States), Series C
Provider of secure and elastic infrastructure for running AI-generated code
$79.3M
63/100
10th
Logo for Cursor
Cursor
2017, San Francisco (United States), Acquired
AI-powered coding platform boosting developer productivity and software creation
-
61/100
63rd
Cross-platform application development solutions provider
$22M
36/100
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The Open Application Network's Investments and acquisitions

The Open Application Network has made no investments or acquisitions yet.

Reports related to The Open Application Network

Here is the latest report on The Open Application Network's sector:

News related to The Open Application Network

•
Open Application Network partners with Bloq for blockchain infrastructureEnterprise Times•Mar 26, 2020•The Open Application Network, Bloq
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