Home / Mobile / OpenPhone grabs $2 million for its business phone number app

OpenPhone grabs $2 million for its business phone number app


OpenPhone grabs $2 million for its business phone number app – TechCrunch

Y Combinator graduate OpenPhone is raising a $2 million funding round led by Slow Ventures. The company is working on an app that lets you seamlessly get a business phone number without a second phone or a second SIM card.

Y Combinator, Kindred Ventures, Garage Capital, 122WEST Ventures and others are also participating in today’s funding round.

Compared to Aircall and other enterprise solutions, OpenPhone targets small and medium companies who want a mobile-first, easy-to-use solution to take advantage of a second phone number.

For instance, if you’re a freelancer and you hate handing out your personal phone number, OpenPhone lets you separate your personal and professional life more easily.

OpenPhone works on iPhone, iPad and Android. You can also use a web interface to interact with the app from your computer. It currently costs $10 per month per user. For that price, you get a local number, a toll-free number or you can port an existing phone number. 5,000 people are using OpenPhone right now.

You can then use that number for unlimited calls and texts in the U.S. and Canada. Behind the scene, OpenPhone uses your internet connection to establish voice-over-IP calls.

The startup has been working on collaborative features so that you can use OpenPhone with multiple users. For instance, you can share a phone number with other users so that your team can answer text messages faster and pick up the phone more often. The company has also launched a Slack integration that lets you receive a notification when somebody calls or texts your phone number.

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2020″,”slug”:”tc-sessions-robotics-ai-2020″,”taxonomy”:”tc_event”,”rapidData”:”pt”:””,”pct”:””,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tc_event/576704946″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tc_event”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/tc_event”],”up”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_event/449559507″],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tc_event=576704946″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_events?tc_event=576704946″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tc_event=576704946″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true]]]}},{“id”:1936807,”date”:”2020-01-28T08:33:24″,”date_gmt”:”2020-01-28T16:33:24″,”guid”:”rendered”:”https://techcrunch.com/?p=1936807″,”modified”:”2020-01-27T15:55:41″,”modified_gmt”:”2020-01-27T23:55:41″,”slug”:”nutanix-execs-discuss-how-they-built-their-2016-ipo-roadshow-deck”,”status”:”publish”,”type”:”post”,”link”:”https://techcrunch.com/2020/01/28/nutanix-execs-discuss-how-they-built-their-2016-ipo-roadshow-deck/”,”title”:”rendered”:”Nutanix execs discuss how they built their 2016 IPO roadshow deck”,”content”:{“rendered”:”

Bringing a startup from idea to IPO isn’t an easy task, but if you can build something successful, one major milestone is to go public. Before your Nasdaq debut, however, there’s a major step u2014 building a deck and taking it on the road for investors.n

Cloud computing company Nutanix went public in 2016, so we spoke to CEO Dheeraj Pandey and CFO Duston Williams, both of whom were with the company for the big event, to learn about how a company should define itself for investors as it seeks to go public.n

Who are you?n

Building a roadshow deck is an exercise in communications as founders attempt to carefully lay out their company’s core purpose and how they built it, along with their ethics, aspirations, financials and value proposition. In a nutshell, an effective roadshow deck summarizes who you are, what you stand for and why your company will make a good investment.n

CEO Pandey says that in addition to investment bank Goldman Sachs, a number of people from the company helped craft the presentation. “Fifteen people across different functions were involved in building the deck. That included product and marketing, to finance and corporate communications, to legal. I think there were at least six different departments,” he said.



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