Fundraising Fox

Open Core Ventures

Venture studio

Pre-Seed–Seed Β· 13 people tracked

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Investment thesis

Open Core Ventures believes the most important future software companies are emerging from the open source community. Leveraging deep roots in open source and pattern recognition from hundreds of investments, the firm identifies durable business opportunities before they are widely considered fundable. When a project clears its bar, OCV starts a company and works alongside the founding team, pairing open source creators with experienced operators and providing structure to scale. It recruits both founding CTOs (open source creators) and founding CEOs (operators) to build venture-scale open core businesses using a proven playbook.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
Instruments
Equity
Tracked investments
22

Team Β· 13 people

from the firm's website
Anthony StirlingΒ· Creator & Founder

Creator and founder of Stirling PDF, an OCV portfolio company.

Knut SveidqvistΒ· Creator & Co-founder

Creator and co-founder of Mermaid, a portfolio company built with OCV.

Pavitra BhallaΒ· Founder & CTO

Founder and CTO of Superserve, an OCV portfolio company.

Erica Lindberg

Content strategist with experience building and scaling content for hyper-growth startups.

Mark Wasuwanichin

Author of an OCV essay on betting on open source agents.

Richard Aberman

Author of an OCV essay on software being rebuilt for AI agents and MCP.

What they invest in

from 17 of 22 portfolio companies

Developer Tools Γ—11AI & Machine Learning Γ—9Enterprise Software Γ—7Cybersecurity Γ—5SaaS Γ—5Data & Infrastructure Γ—4Cloud Computing Γ—2IoT Γ—2

HQs:United StatesΓ—3

Investments Β· 22 tracked

founders shown can be your intro path
GitLabgitlab.comin𝕏NASDAQ: GTLB

GitLab is an intelligent orchestration platform for DevSecOps that enables teams and AI agents to collaborate on the full software development lifecycle, from planning through deployment, with integrated security and compliance capabilities.

AI & Machine LearningCybersecurityDeveloper ToolsEnterprise SoftwareSan Francisco, US

Sid Sijbrandij(Founder/CEO)inDmytro Zaporozhets(Founder/CTO)inPaul Machle(Executive Officer)Dmitriy Zaporozhets(Cofounder)

BoardBruce Armstrong(Director)

Authentikgoauthentik.io

authentik is a self-hosted, open source identity provider that lets organizations run their own authentication infrastructure with customizable policies, APIs, and prebuilt workflows.

CybersecurityDeveloper ToolsEnterprise Software

Betterdbbetterdb.comin𝕏

BetterDB provides an SDK giving AI agents long-term memory, self-tuning semantic and exact-match caching, and typed retrieval, running on any Valkey or Redis a team operates, including air-gapped environments.

AI & Machine LearningData & InfrastructureDeveloper Tools

Cochatcochat.ai

CoChat is an AI research assistant that searches academic literature across 200M+ papers, organizes sources into projects, and verifies every recommended citation against the real paper to filter out fabricated or misquoted references.

AI & Machine LearningEdTechSaaS

Duplicatiduplicati.comin𝕏

Duplicati is a backup and data protection platform that lets organizations secure, monitor, and orchestrate backups across on-premises hardware and cloud workloads from a single zero-trust console.

Cloud ComputingCybersecurityEnterprise Software

Fleetfleetdm.comin𝕏

Fleet Device Management is the company behind an open-source device management platform that enrolls millions of laptops, servers, and other devices across Apple, Linux, Windows, and Android.

CybersecurityDeveloper ToolsEnterprise Software

Zach Wasserman(Cofounder)Mike McNeil(CEO)

FlowFuse
Gobiigobii.aiin𝕏

Gobii is an AI agent platform that provides businesses with always-on virtual employees for browser automation, web research, data collection, and recurring workflow tasks.

AI & Machine LearningHR TechSaaS

Grapesjsgrapesjs.comin𝕏

GrapesJS provides an embeddable visual editor framework and Studio SDK for building drag-and-drop editors for newsletters, landing pages, websites, and documents.

Developer ToolsMarketing TechSaaS

Kedifykedify.ioin𝕏

Kedify provides a turnkey autoscaling platform for Kubernetes, built on the open-source KEDA project, that combines telemetry intake, resource right-sizing recommendations, HTTP/queue/GPU and multi-cluster autoscaling, and FinOps cost reporting.

Cloud ComputingDeveloper ToolsEnterprise Software

Kernelizekernelize.aiin

Kernelize provides an inference software layer that helps hardware teams bring up, validate, and optimize AI models across different chips using an open foundation built on Triton.

AI & Machine LearningDeveloper ToolsSemiconductors

Lucenialucenia.ioin𝕏

Lucenia provides an open-source enterprise search and analytics engine built on Apache Lucene, designed for organizations seeking AI-native search capabilities without vendor lock-in.

AI & Machine LearningData & InfrastructureEnterprise Software

Nicholas Knize(Founder & CEO)

Mermaid

Open source project turned into a full-time company with OCV backing.

Mermaid Chartmermaidchart.com
Opencoreemropencoreemr.com

OpenCoreEMR is a full-featured electronic health record (EHR) platform for medical practices, offering built-in e-prescribing, eFax, eLabs, SMS appointment reminders, telehealth, scheduling, and AI-powered billing (RCM) at no cost.

Digital HealthHealthtechSaaS

Phaserphaser.io
Selorahomesselorahomes.comin𝕏

Selora Homes builds an AI-powered smart home control system with a hub that integrates over 2,000 devices across brands and protocols, automating most of the programming for professional integrators.

AI & Machine LearningIoTPropTech

Spragsprag.aiin𝕏

Sprag builds multilingual voice AI, offering speech-to-text, text-to-speech, and voice agents in over 50 languages with low-latency performance, serving its own models on open-source infrastructure.

AI & Machine LearningData & InfrastructureDeveloper Tools

Stirling PDFstirlingpdf.comin𝕏

Stirling PDF offers a free, self-hostable PDF editor with 60+ operations for reading and editing files, plus automated pipelines that classify, protect, and route documents at scale.

CybersecurityDeveloper ToolsEnterprise Software

Superserve

Company built with OCV support.

Surfsensesurfsense.comin𝕏

SurfSense is an open-source, NotebookLM-style research platform that lets users and AI agents pull live data from sources like Reddit, YouTube, Instagram, TikTok, Indeed, Google Maps, Google Search, Amazon, and Walmart through platform-native REST APIs or an MCP server.

AI & Machine LearningData & InfrastructureDeveloper Tools

wwwflowfuse.comin𝕏

FlowFuse provides a secure and scalable platform built on the open-source Node-RED development tool, letting industrial enterprises build and deploy custom applications for their operations.

Developer ToolsIoTSaaSSan Francisco, US

Nick O'Leary(Founder)Aditya Singh(Director)Betty Ma(Director)Zeger-Jan van de Weg(Executive Officer, Director)

BoardMarkus Grundmann(Director)

Exits Β· 1

IPOs and acquisitions across the tracked portfolio

GitLabNASDAQ: GTLB

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Open Core Ventures invest at?
Open Core Ventures invests at the Pre-Seed, Seed stages.
What sectors does Open Core Ventures focus on?
Open Core Ventures focuses on AI & Machine Learning, Cloud Computing, Data & Infrastructure, Developer Tools, Enterprise Software, SaaS.

Media Β· Podcasts & interviews

featuring the team

Sid Sijbrandij (Open Core Ventures) & Bassam Tabbara on Distributed Storage, Ceph, and Rook

Open Core Ventures (OCV) Β· Sid Sijbrandij

Introducing Pulsey, our virtual Ops coworker

Open Core Ventures (OCV)

Founder Roundtable: Pricing Page Review

Open Core Ventures (OCV)

September 2025 Roundtable

Open Core Ventures (OCV)

AI Automation Developer

Open Core Ventures (OCV)

Open Core Roundtable with Sid Sijbrandij

Open Core Ventures (OCV)

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