TermSheet

OpenGov

Co-founder

Private; majority-owned by Cox EnterprisesSan Francisco, California, United States

Cumulative raised across 4 rounds, totaling $121M.

Fundraising history.

Cumulative raised$121MMay 2014 to Sep 2019 · 4 rounds
May 2014Oct 2015May 2017Sep 2019
  1. Series B — $15M

    May 2014

    OpenGov raised a $15 million Series B led by Andreessen Horowitz, with participation from Thrive Capital and Formation 8.

    Led by Andreessen Horowitz · with Thrive Capital, Formation 8

    Source ↗
  2. Series B — $25M

    Oct 2015

    $100M

    OpenGov raised an oversubscribed $25 million round from Andreessen Horowitz and other investors at a reported valuation north of $100 million.

    Investors: Andreessen Horowitz, Thrive Capital, Formation 8, Sound Ventures +2

    Source ↗
  3. Series C — $30M

    May 2017

    OpenGov announced a $30 million Series C led by Emerson Collective, bringing total capital raised to more than $75 million.

    Led by Emerson Collective · with Andreessen Horowitz, 8VC, Thrive Capital

    Source ↗
  4. Series D — $51M

    Sep 2019

    OpenGov raised a $51 million Series D led by Weatherford Capital and 8VC, bringing total funding to $140 million.

    Led by Weatherford Capital, 8VC · with Andreessen Horowitz, JC2 Ventures, Emerson Collective, Founders Fund

    Source ↗
  5. Majority Investment

    Feb 2024

    $1.8B

    Cox Enterprises acquired majority ownership of OpenGov in a transaction valuing the company at $1.8 billion; the specific investment amount was not disclosed.

    Led by Cox Enterprises

    Source ↗

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