# OpenFund

OpenFund is a Venture Capital based in Athens, Greece.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Athens, Greece
- **Region:** Europe
- **Address:** Athens, Greece
- **Founded:** 2000
- **Assets under management:** EUR 50M - EUR 100M (Altss estimate)
- **Website:** theopenfund.com
- **LinkedIn:** https://www.linkedin.com/company/openfund

## Regulatory record

- **Reports private funds:** No

## About

Openfund is a venture capital firm that invests in Greek-registered technology companies operating domestically and globally. It partners with companies in software, mobile, and web-based fields. Eligible companies must have an innovative product, service, or business model.

## Sectors

- Enterprise Software
- FinTech
- AI/ML
- AgriTech & FoodTech
- Mobility & Transportation

## People

- George Tziralis — Partner
- Panos Papadopoulos — Partner

## Questions

### Who runs investment decisions at OpenFund?

Investment decisions are led by co-founders George Tziralis and Panos Papadopoulos, who have run the partnership since its founding in 2000. Both partners sit on portfolio company boards and handle sourcing, selection, and portfolio support. The firm's compact team size, typical of a focused early-stage manager, means decisions are not delegated through layers.

### How does OpenFund source proprietary deal flow?

OpenFund's sourcing advantage comes from twenty-plus years of embeddedness in the Greek technical talent pool, including relationships with engineering faculties at the National Technical University of Athens and the Athens University of Economics and Business. The firm also accesses startups founded by diaspora Greeks in London and Berlin, where communities maintain strong ties to Athens. This local density lets OpenFund see rounds before pan-European seed funds arrive.

### Which sectors does OpenFund focus on?

The firm operates a generalist tech mandate with a concentration in enterprise software, fintech, AI and machine learning applications, agritech, and mobility platforms. This broad aperture reflects the firm's view that software talent in Greece can compete across verticals, rather than being confined to a single industry niche.

### Where does OpenFund invest geographically?

Greece is the anchor geography, with selective investment in Cyprus, Bulgaria, and the broader southeastern European region. OpenFund also follows Greek diaspora founders into startup hubs including London and Berlin when the team and investment thesis match, but the core mandate remains southeastern Europe.

### How is OpenFund's portfolio performing?

Specific aggregated performance metrics are not publicly disclosed. Portfolio positions confirmed through public record include fintech platform Plum and software infrastructure companies serving European buyers, but the firm does not publish aggregate fund-level return data.

## Related profiles

- [OP Lab](https://altss.com/profile/op-lab)
- [Opteris](https://altss.com/profile/opteris)

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

Canonical page: https://altss.com/profile/openfund

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology