# Open Core Ventures

Open Core Ventures is a Venture Capital based in San Francisco, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** San Francisco, CA, United States
- **Founded:** 2020
- **Assets under management:** Undisclosed
- **Website:** opencoreventures.com
- **LinkedIn:** https://www.linkedin.com/company/open-core-ventures

## Regulatory record

- **Reports private funds:** No

## About

Open Core Ventures (OCV) is a venture capital firm that starts commercial open source software companies. Our team identifies open source software projects with traction, recruits passionate project founders and contributors, and launches new companies. OCV companies aim to create tangible value for the open source community by providing access to resources and reducing the barrier to entrepreneurship. OCV believes in the power of open core, and the impact of open learning and collaboration. Our approach diverges from conventional venture capital because OCV starts companies and recruits founders; OCV does not invest in existing companies. The OCV model enables experienced, capable, and technical founders who otherwise would not have the resources to launch a successful startup. OCV does not make investments in existing open core companies.

## Sectors

- Enterprise Software
- AI/ML

## People

- Sid Sijbrandij — Team Member
- Rich Aberman — Team Member
- Chris Hubbell — Team Member
- Maxine Ow — Team Member
- Alex Smith — Team Member
- Mark Wasuwanich — Team Member
- Erica Lindberg — Team Member
- William Xu — Team Member
- Lainy Thomas — Team Member
- Jamie Lynn Lufrano — Team Member

## Questions

### Does Open Core Ventures operate more like a venture capital firm or a startup studio?

The firm operates closer to a startup studio than a traditional venture capital fund. OCV originates the company concept, builds the founding team, incorporates the new entity, and provides the initial $2M seed check along with sustained operational support. Traditional VCs evaluate existing teams; OCV assembles them.

### Does the firm take board seats or provide ongoing operational support?

OCV provides sustained operational and strategic support after incorporation and funding. Its team works alongside the recruited founding team as the company builds commercial traction, though the specific governance structure — such as board composition — is not detailed publicly. The engagement is designed to last until the company can raise an external venture round.

## Related profiles

- [Open CNP](https://altss.com/profile/open-cnp)
- [Open Door Foundation](https://altss.com/profile/open-door-foundation)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/open-core-ventures

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