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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 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.

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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.

OpenExchange Revenue GrowthReported revenue / ARR over time$0$3M$6M$9M$12M$15M200920112013201520172019202120232024$0$14.2M$11.6MSource: GetLatka.com
YearMilestoneQuote
2024OpenExchange Hit $11.6m revenue in October 2024
2023OpenExchange Hit $9.2m revenue in October 2023
2021OpenExchange Hit $14.2m revenue in April 2021
2009Launched 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.

OpenExchange Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$4M$0.4$8M$0.6$12M$0.8$16M$1$20M2009201120132015201720192020Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2020Funding round$4.4M--
2013Funding round$6M--
2012Funding round$3.1M--
2011Funding round$1.3M--
2011Funding round$1.4M--

Founder / CEO

Mark Loehr

CEO

Mark Loehr is listed as CEO at OpenExchange.

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Customers

OpenExchange serves 500K customers.

OpenExchange Employees & Team Size

OpenExchange employs approximately 260 people as of 2026, up from 255 in 2023, including 26 sales reps that carry a quota. It serves 500K customers that rely on its solutions.

OpenExchange Team GrowthReported headcount over time010020030040050020092011201320152017201920212023202400260260Source: GetLatka.com
YearMilestone
2024Reached 260 employees (December 2024)
2024Reached 255 employees (October 2024)
2023Reached 255 employees (October 2023)
2023Reached 267 employees (September 2023)
2023Reached 294 employees (January 2023)
2022Reached 315 employees (October 2022)
2022Reached 347 employees (January 2022)
2021Reached 472 employees (December 2021)
2021Reached 376 employees (August 2021)
2021Reached 169 employees (April 2021)

Frequently Asked Questions about OpenExchange

What is OpenExchange's revenue?

OpenExchange generates an estimated $11.6M in annual 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 across 5 rounds.

How many employees does OpenExchange have?

OpenExchange has 260 employees.

Where is OpenExchange headquarters?

OpenExchange is headquartered in Boston, Massachusetts, United States.

Compare OpenExchange to the industry

OpenExchange operates across multiple industries. Browse revenue, funding, and growth data for OpenExchange in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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