Open Core Ventures

Venture Capital

Open Core Ventures is a San Francisco-based venture studio founded by GitLab's Sid Sijbrandij that identifies high-potential open source projects and forms, funds (up to $2M), and operationally launches commercial open-core software companies around them.

San Francisco, United States · 2+ investments · 2 portfolio companies

Pre-Seed
Seed
Developer Tools
Headquarters
San Francisco, United States
Founded
2020
Portfolio Companies
2
Total Investments
2
Last Investment
Jun 2025
Geographic Focus
United States

Investment Thesis

Believes top open source projects deserve dedicated companies; OCV sources promising projects, funds founders from day one, and builds the operating infrastructure to launch commercial open-core businesses.

Open Core Ventures is a Venture Capital firm based in San Francisco, United States. It has made 2 investments, including Lucenia and Fleet. Focus areas include Developer Tools.

Portfolio2

Co-investors11

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11 co-investors across 11 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×10 · Angel Investor ×1 · 5 shared rounds

Investment History

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