OpenExchange
2024 Revenue
$11.6M
Customers
500K
Funding
$16.2M
YOY
26.5%
Avg ACV
$23
Team
260
Founded
2009
How OpenExchange CEO Mark Loehr grew OpenExchange to $11.6M revenue and 500K customers in 2024.
Developer of an open-source collaboration software designed to deliver valuable investment content and corporate access in a secure and efficient manner. The company's software develops scalable and integrated open-source e-mail and collaboration tools, enabling the financial market businesses to connect securely with a meaningful impact on customers.
Last updated
OpenExchange Revenue
In 2024, OpenExchange's revenue reached $11.6M. The company previously reported $9.2M in 2023. Since its launch in 2009, OpenExchange has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | OpenExchange Hit $11.6m revenue in October 2024 |
| 2023 | OpenExchange Hit $9.2m revenue in October 2023 |
| 2021 | OpenExchange Hit $14.2m revenue in April 2021 |
| 2009 | Launched with $0 revenue |
OpenExchange Valuation, Funding Rounds
OpenExchange has not publicly disclosed its valuation. The company has raised $16.2M in total funding to date.
OpenExchange has raised $16.2M in total funding across 5 rounds, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2020 | Funding round | $4.4M | - | - |
| 2013 | Funding round | $6M | - | - |
| 2012 | Funding round | $3.1M | - | - |
| 2011 | Funding round | $1.3M | - | - |
| 2011 | Funding round | $1.4M | - | - |
OpenExchange Employees & Team Size
OpenExchange employs approximately 260 people as of 2026, up from 255 in 2023.
OpenExchange has 260 total employees in different roles and functions and 26 sales reps that carry a quota. They have 500K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 260 employees (December 2024) |
| 2024 | Reached 255 employees (October 2024) |
| 2023 | Reached 255 employees (October 2023) |
| 2023 | Reached 267 employees (September 2023) |
| 2023 | Reached 294 employees (January 2023) |
| 2022 | Reached 315 employees (October 2022) |
| 2022 | Reached 347 employees (January 2022) |
| 2021 | Reached 472 employees (December 2021) |
| 2021 | Reached 376 employees (August 2021) |
| 2021 | Reached 169 employees (April 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how OpenExchange acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about OpenExchange
What is OpenExchange's revenue?
OpenExchange generates $11.6M in revenue.
Who founded OpenExchange?
OpenExchange was founded by Mark Loehr.
Who is the CEO of OpenExchange?
The CEO of OpenExchange is Mark Loehr.
How much funding does OpenExchange have?
OpenExchange raised $16.2M.
How many employees does OpenExchange have?
OpenExchange has 260 employees.
Where is OpenExchange headquarters?
OpenExchange is headquartered in Boston, Massachusetts, United States.
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Compare OpenExchange to the industry
OpenExchange operates across multiple industries. Browse revenue, funding, and growth data for OpenExchange in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .