What is OpenSky?
Open Sky is a travel-focused enterprise dedicated to enriching individuals' exploration of the world. The company provides a suite of services meticulously designed to elevate travel experiences, catering to adventurers and culture enthusiasts seeking new discoveries. Open Sky's mission is to facilitate engaging and enriching journeys for its clientele, fostering a deeper connection with diverse cultures and destinations.
How much funding has OpenSky raised?
OpenSky has raised a total of $49M across 4 funding rounds:
Series A
$5M
Series B
$6M
Private Equity
$8M
Series C
$30M
Series A (2009): $5M with participation from Canaan Partners and Highland Capital Partners
Series B (2010): $6.1M led by Highland Capital Partners and Canaan Partners
Private Equity (2011): $8M, investors not publicly disclosed
Series C (2011): $30M featuring The Raine Group, Highland Capital Partners, Canaan Partners, and Providence Equity Partners
Key Investors in OpenSky
The Raine Group
The Raine Group is a global merchant bank with a specialized focus on the technology, media, and telecommunications sectors, headquartered in New York City.
Canaan Partners
Canaan is an early-stage venture capital firm investing in technology and healthcare, supporting companies from seed through growth stages in areas like enterprise software, fintech, consumer, biopharma, and digital health.
Providence Equity Partners
Providence Equity is a private equity investment firm that employs a sector-focused strategy, with its headquarters located in Providence, Rhode Island.
What's next for OpenSky?
The recent major strategic investment in OpenSky signals a strong validation of its business model and future potential. This capital infusion is expected to fuel further expansion, potentially into new markets or the development of innovative travel technologies. The company's focus on enhancing user travel experiences positions it for continued growth and leadership in the competitive travel industry. Strategic partnerships and technological advancements are likely to be key drivers in its next phase.
See full OpenSky company page
