Company Overview
About Openmart
Openmart is a San Francisco-based local business intelligence platform — backed by Y Combinator (W24) with $15.2 million in total funding including a $2.75 million seed in August 2024 from Y Combinator, Rebel Fund, and Afore Capital, plus a $500,000 convertible note in January 2024 from 13 investors including MyAsiaVC, TechCrunch, Brighter Capital, and Gaingels — providing enterprise sales teams, marketers, and researchers with AI-powered intelligence on 20 million+ local businesses globally through a living database that continuously ingests millions of live signals from public filings, websites, reviews, and calls. Founded in 2023 by Richard He and Kathryn Wu, Openmart positions as the AI alternative to ZoomInfo and D&B Hoovers for companies selling to local and regional businesses rather than Fortune 500 enterprises.
Business Model & Competitive Advantage
Openmart's local business intelligence database addresses the data quality problem that enterprise sales teams encounter when targeting local businesses (restaurants, contractors, medical practices, retail stores, service businesses): databases like ZoomInfo and Salesforce Data.com focus on large enterprise contacts and are notoriously inaccurate for small business data — local business phone numbers change, ownership transfers, businesses open and close — creating contact lists where 20-40% of records are outdated. Openmart's live signal ingestion (continuously monitoring review platform updates, business license renewals, Google Business Profile changes, local news mentions, and website changes) maintains data freshness across the 20 million+ local business universe. The AI layer (enriching each business profile with AI-extracted attributes — employee count estimates, revenue bands, technology stack signals, growth indicators, expansion signals) provides the intelligence dimensions that local business sales teams need for qualification and prioritization beyond basic contact information.
Competitive Landscape 2025–2026
In 2025, Openmart competes in the business intelligence data, local business targeting, and sales intelligence market with ZoomInfo (NASDAQ: ZI, B2B sales intelligence, $1B revenue), Apollo.io (sales intelligence and engagement, $100M raised at $1.6B valuation), and Data Axle (local business data, private) for enterprise sales team and marketer local business prospecting data adoption. The 200 million+ contacts across 20 million+ businesses represents a scale comparable to established data providers — validating the platform's ability to build comprehensive coverage rather than a niche sample. Rebel Fund and Afore Capital's participation alongside Y Combinator reflects the data infrastructure investment thesis applied to the underserved local business market. The 2025 strategy focuses on growing the enterprise sales team deployment for franchise development, regional commercial real estate, financial services, and professional services sales targeting local businesses, building the AI-powered lead qualification scoring, and expanding the international local business coverage.
Open Positions
Reddit Discussions
Key Differentiators
Emerging Innovator
Openmart is an emerging player bringing innovative solutions to the Marketing market.
Frequently Asked Questions
AI Visibility Rankings
How Openmart performs in AI search results
Unlock AI Visibility Tracking for Openmart
See exactly how Openmart ranks across ChatGPT, Gemini, Perplexity, Claude, and Grok. Get actionable insights to improve your AI search performance.
Join 1,000+ brands · Free 7-day trial · No credit card required
Not So Random Others
UpKeep
UpKeep is a Los Angeles-based mobile-first maintenance management platform — backed with $60 million raised from Insight Partners, YC, 8VC, and others — providing CMMS (Computerized Maintenance Manage
HitPay
HitPay is a Singapore-based all-in-one payment infrastructure company serving small and medium businesses across Asia-Pacific — enabling merchants to accept payments via QR code (PayNow, DuitNow, Prom
Adobe Creative Cloud
Adobe Creative Cloud is the flagship subscription product line of Adobe Inc. (NASDAQ: ADBE), encompassing over 20 professional creative applications including Photoshop, Illustrator, InDesign, Premier
Bamboo
Bamboo is a Lagos, Nigeria-based online brokerage platform — backed by Y Combinator (W20) with $19.4 million in total funding including a $17.4 million Series A in January 2022 from Tiger Global Manag
Avast
Avast is a Prague-based cybersecurity brand — now part of Gen Digital Inc. (NASDAQ: GEN), formed from the $8.6 billion merger of NortonLifeLock and Avast in 2022 — providing antivirus, internet securi
May Mobility
May Mobility is an autonomous vehicle company deploying shared mobility services in partnership with municipalities, universities, and employers. Founded in 2017 and headquartered in Ann Arbor, Michig
Compare Openmart with Competitors
See how Openmart stacks up against competitors in Marketing with side-by-side revenue, market share, and AI visibility data.
Start ComparisonTrack Openmart's AI Visibility in Real Time
Monitor how ChatGPT, Gemini, Perplexity, and Claude mention Openmart. Get alerts when AI recommendations change. See competitive intelligence across all AI platforms.