Quo
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Quo - overview
Established
2018
Location
San Francisco, CA, US
Primary Industry
Software
About
"Founded in 2018 and based in San Francisco, US, OpenPhone Technologies, Inc. , doing business as Quo, is a communication solutions provider offering an integrated AI-powered business phone system that enables startups and small businesses to enhance collaboration and streamline communications. OpenPhone Technologies, Inc. focuses on delivering innovative communication tools.
The company was co-founded by Daryna 🇺🇦 and Mahyar Raissi, who serves as the CEO. In September 2025, OpenPhone Technologies, Inc. raised USD 96 million in growth funding from General Catalyst Partners and USD 9 million in venture funding. The round was part of larger USD 105 million in growth and venture funding.
OpenPhone provides a comprehensive suite of communication tools tailored for startups and small businesses. The main offering is a business phone system that integrates calls, texts, and contacts via an AI-powered platform. Notable features include dedicated phone numbers, a 24/7 AI agent named Sona for call answering, call summaries, transcripts for team alignment, a lightweight CRM for customer relationship management, and APIs for automation. OpenPhone serves over 60,000 businesses across North America, catering to diverse communication needs.
OpenPhone generates revenue primarily through subscription-based pricing plans designed for various business sizes and communication requirements. The service tiers allow clients to engage in B2B transactions, offering features like local and toll-free numbers, automated messaging, and advanced call routing, which enhance customer engagement and communication efficiency. The firm will use the September 2025 funding to accelerate go-to-market growth, drive product innovation, and scale customer expansion.
Current Investors
Y Combinator, Slow, Script Capital
Primary Industry
Software
Sub Industries
Web Applications, HR & Workforce Software, Connectivity Software
Website
www.quo.com/
Verticals
Mobile Apps
Company Stage
Series B
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.