Y Combinator graduate OpenPhone picks up $2m for business phone number app

Ben Heathcote | February 3, 2020

App Deals

OpenPhone, an app which allows freelancers and small companies to own a business phone number without needing a second SIM card or device, has announced a seed fundraise of $2 million. The round was led by Slow Ventures, with participation from Y Combinator, Kindred Ventures, Garage Capital, 122WEST Ventures, Hack VC and others.

The startup targets freelancers and small and medium companies looking for a mobile-first solution to having a second number. The app currently costs $10 per month per user and works on iOS and Android devices.

“This funding will help us fuel our growth, build more robust capabilities for teams and individuals using OpenPhone, and grow our team as we continue on our mission to give startups and small businesses a delightful, simple and powerful phone,” wrote co-founder and CEO Mahyar Raissi in a blog post announcing the investment.

He added:

“We want to make it incredibly easy to own phone numbers on top of your existing devices (mobile/tablet/desktop), give your team their own numbers, share a phone number, collaborate on conversations, and automate your workflows by connecting OpenPhone to the rest of your tools.”

Alongside the fundraise, OpenPhone also announced the launch of three new product features: a desktop application, a Slack integration and OpenPhone for teams. Through the Slack integration, OpenPhone can also notify the right people or channels in Slack upon getting a call, message, or voicemail.

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