# Open Opportunity Fund

Open Opportunity Fund is a Private Equity based in Atlanta, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Atlanta, United States
- **Region:** North America
- **Address:** Atlanta, GA, United States
- **Founded:** 2020
- **Assets under management:** Undisclosed
- **Website:** theopportunityfund.com
- **LinkedIn:** https://www.linkedin.com/company/openopportunityfund

## Regulatory record

- **Reports private funds:** No

## About

The SB Opportunity Fund is a $100 million venture fund focused on supporting Black, Latinx, and Native American founders. It has made 85 investments, including a Seed VC investment in Furl on January 21, 2026. The fund has achieved 5 portfolio exits, with Career Karma exiting on September 04, 2025.

## Sectors

- Enterprise Software
- AI/ML
- FinTech
- Digital Health

## People

- Paul Judge — Chairman and Managing Partner
- Marcelo Claure — Vice Chairman and General Partner
- Sháka Rasheed — General Partner
- Chad Harris — Partner

## Questions

### Who runs investment decisions at Open Opportunity Fund?

Paul Judge serves as Chairman and Managing Partner; Marcelo Claure is Vice Chairman and General Partner. The investment team also includes General Partner Sháka Rasheed and Partner Chad Harris. The firm lists a nine-person team but does not separately disclose an investment committee structure.

### How is Open Opportunity Fund related to SoftBank?

SoftBank is the anchor LP in Opportunity Fund 1, a $100 million vehicle. Marcelo Claure, the firm's Vice Chairman and General Partner, was previously CEO of SoftBank Group International. The relationship provides a cornerstone commitment but the firm operates as an independent manager.

### Does Open Opportunity Fund participate in fund commitments or only direct deals?

The firm makes direct venture investments from its dedicated fund. The website does not describe any fund-of-funds activity. All known portfolio positions — including Brex, Eight Sleep, and Paystand — are direct equity stakes in operating companies.

### What investment stages does Open Opportunity Fund target?

The firm invests from seed through growth stages. Portfolio company QuickNode, for example, is a blockchain infrastructure platform that raised at multiple stages; Cityblock Health is a later-stage healthcare services company. The mandate spans early-stage and growth within B2B software.

### Which sectors does Open Opportunity Fund explicitly focus on?

The firm concentrates on enterprise IT, fintech, and health technology. Portfolio companies cluster around cloud infrastructure, AI-enabled business software, financial operations platforms, and tech-enabled healthcare services. Consumer and hard-tech verticals are not part of the stated thesis.

## Related profiles

- [s.boehme & co.](https://altss.com/profile/s-boehme-co)
- [SBVA](https://altss.com/profile/sbva)

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

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