Openly vs Securiti
Side-by-side comparison of AI visibility scores, market position, and capabilities
Premium homeowners insurance carrier providing independent agents with fast quoting and broad coverage for high-value homes over $400K replacement cost; Cleveland-based MGA backed by Arch Insurance;
About
Openly is a Cleveland-based insurtech company that provides premium homeowners and dwelling insurance through independent insurance agents. Openly targets the high-value home segment — homes with replacement costs above $400,000 — where coverage gaps and cumbersome underwriting processes are common frustrations for agents and policyholders. The company offers a digital quoting platform that delivers bindable quotes to agents in under 60 seconds, significantly faster than traditional carriers' multi-day workflows, and provides broad coverage with higher limits and fewer exclusions than standard homeowners policies. Openly operates as an MGA (managing general agent) backed by Arch Insurance Group's balance sheet, combining insurtech speed with carrier-grade financial stability. Founded in 2018, Openly raised over $100M and has expanded rapidly across multiple states. It competes with Hippo, Kin Insurance, and traditional carriers in the premium homeowners market.
Unified data security and privacy platform for AI governance and compliance, San Jose CA, raised $220M+, unicorn. Covers privacy, security, and AI risk in one platform.
About
Securiti is a San Jose, California-based data security and privacy company founded in 2019 by the team behind Symantec's cloud security division. The company has raised over $220 million, achieving unicorn status, and provides a unified platform for data security, privacy compliance, data governance, and AI governance — addressing the convergence of these disciplines in modern enterprise data environments. Securiti serves enterprise customers globally across financial services, healthcare, retail, and technology sectors.\n\nSecuriti's platform is built around an automated data intelligence engine that discovers, classifies, and catalogs sensitive data across cloud, on-premise, and SaaS environments. This foundation supports multiple compliance and security use cases: GDPR and CCPA privacy operations, data access governance, cloud security posture management, and AI governance — including inventorying AI systems and the data they consume, assessing risks, and generating compliance documentation for emerging AI regulations like the EU AI Act.\n\nThe company's AI governance capabilities have become an increasingly important differentiator as enterprises face mounting regulatory pressure around AI systems and as chief privacy officers take on expanded responsibility for AI oversight. Securiti competes with OneTrust in the privacy platform market and with BigID and Varonis in the data security and governance space. Its broad platform spanning privacy, security, and AI governance positions it as a single-vendor solution for organizations seeking to consolidate their trust and compliance technology stack.
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