Openfair
Openfair is your premier destination for streamlining acquisitions. Our cutting-edge AI-driven platform ensures seamless business transitions, enhancing efficiency throughout the process. Whether you're buying or selling a business, trust in Openfair to provide a reliable and trusted platform tailored to your needs. - Launched @ Founder Institute Silicon Valley
Openfair
Openfair is your premier destination for streamlining acquisitions. Our cutting-edge AI-driven platform ensures seamless business transitions, enhancing efficiency throughout the process. Whether you're buying or selling a business, trust in Openfair to provide a reliable and trusted platform tailored to your needs. - Launched @ Founder Institute Silicon Valley
TL;DR
What: AI-native, automation-driven marketplace for buying and selling businesses
Founders: Fouad Raji (Co‑Founder & CEO); Saad Benryane (Co‑Founder & CTO)
Funding: Pre-Seed round announced Oct 1, 2023
Claims: Participated in business transactions totaling more than $500M (company claim)
Product highlights: Vetted listings, secure data rooms, and a free business valuation tool
Headquarters: San Francisco, California
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Company Overview
Problem Domain
Buying and selling small businesses; M&A process inefficiencies and succession-driven deal supply
Founded
2023
Industry
Technology, Information and Internet