Description
Open Opportunity Fund invests in tech companies leveraging cloud and AI to build next-generation B2B software that powers how businesses run their infrastructure, manage their finances, and support their people. Its portfolio spans enterprise IT, fintech, and health tech. Opportunity Fund 1 is a $100 million fund with SoftBank as an anchor LP, and in 2023 the team led by Paul Judge and Marcelo Claure announced Fund 2 to continue executing the thesis. The firm has invested in 75 tech companies including Atomic, Brex, Cityblock Health, Eight Sleep, Esusu, Lumu, Paystand, QuickNode, Subject, and Vitable. Beyond capital, the firm offers founders access to and support from a unique community, an approach it calls VC2, provided by a team of experienced investors, operators, and innovators.