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OpenTeams has filed a notice of an exempt offering of securities to raise $4,000,000.00 in New Debt Financing.

OpenTeams has filed a notice of an exempt offering of securities to raise $4,000,000.00 in New Debt Financing.

June 2, 2023 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, OpenTeams is raising $4,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Travis Oliphant played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About OpenTeams
OpenTeams is the first services marketplace where open source software users can find, vet, and contract with service providers. Open source software requires support that 80% of companies cannot provide for themselves and there is no easy way for them to find providers. OpenTeams’ skills assessment process and client feedback help users to vet prospective providers. OpenTeams then acts as the prime contractor for the user and subcontracts to the various providers they need. This simplifies the contracting and procurement onboarding of new providers.

To learn more about OpenTeams, visit http://www.openteams.com/

Contact:
Travis Oliphant, Chief Executive Officer
801-712-5532
https://www.linkedin.com/in/teoliphant/

SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.


Venture Capital
640, Austin, Austin-San Marcos, OpenTeams, Texas, Venture Capital

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