Open core venture platform.

    WHAT WE DO

    Source, start, and scale companies

    At Open Core Ventures, we give founders the foundation they need to launch the next generation of era-defining companies. 

    We identify the highest-potential open source projects, form the company, and stand up the operational infrastructure so founders can focus on building starting on day one.
    01

    We track the OSS ecosystem and validate which projects can support a real company before anyone else considers them fundable.

    Identify breakout projects.

    02

    We form the company and recruit the project's author or key contributor as the founding CTO. OCV partners and operators support founders from day one.

    Incubate the company.

    03

    Once there's momentum, we recruit a proven CEO, a repeat founder who's raised and scaled before. With traction in place, we help you prepare to raise.

    Raise from external investors.

    WHY WE DO IT

    Enabling more open source founders

    The world's most important software is open source, and the companies that should exist around it mostly don't. We're here to change that by offering founders a salary and benefits from the beginning.
    Watch

    Sid explains the biggest constraint on entrepreneurship isn't talent or ideas, it's the price of admission.

    THE OUTCOME

    Open core at scale 

    Starting open core companies at scale creates a network effect: each one sharpens the playbooks and deepens the bench of founders and investors for the next. Open core compounds this. Commercialization funds the maintainers and governance that make open source sustainable, while open code earns trust and moves faster than closed code ever could. 

    MORE ON OPEN CORE IN THE HANDBOOK →
    Meet the team
    Partner

    Founder and former CEO of GitLab. Pioneered the modern open core commercialization model, taking GitLab from an early open source project to a multibillion dollar public company in seven years.

    Founder & General Partner

    Sid Sijbrandij

    Partner

    Former General Partner at ICONIQ Capital, where he helped scale the firm to seven funds and over $20B AUM and built out its talent and platform functions.

    General Partner

    Chris Hubbell

    Partner

    Former Fund Strategy Partner at Andreessen Horowitz, where she helped shape fund strategy and operations across the firm's venture practice.

    Chief Financial Officer

    Maxine Ow

    Team

    Runs OCV's Catalyst Program and supports the incubation and growth of open source startups. Previously at Techstars and JPMorgan. MS in Computer Science from Georgia Tech.

    Associate

    Alex Smith

    Team

    Content strategist with a background in building and scaling content for hyper-growth startups.

    Head of Content

    Erica Lindberg

    Team

    Focuses on Finance Ops at OCV. Previously on the Sales & Trading floor at Goldman Sachs, dealing in FX and rates derivatives.

    Finance Operations

    William Xu

    Team

    Focuses on Business Ops at OCV. Previously an Associate at Point72 Ventures across portfolio analytics, finance & operations, and portfolio success.

    Business Operations

    Lainy Thomas

    Team

    Focuses on Operations at OCV. Previously at Bookkeep.com, building integrations to automate accounting workflows across B2B and fintech SaaS.

    Operations Assistant

    Jamie Lynn Lufrano

    Straight answers

    We build for venture scale.

    Every company we start has the potential to become huge. OCV founders swing for the fences and push the pace on how fast they can grow companies.

    We build open core. 

    OCV companies are built on top of open source projects. Pivots away from the original open source project are rarely successful.

    We may fund competing projects.

    We can't promise otherwise; some overlap is inevitable. We never share competitive information between companies. 

    We wind down when it's the best option.

    We go all-in immediately to prove the commercial opportunity. If it's not there, founders find out fast without burning years of their lives.

    Maintaining a project with traction?
    Talk to us about becoming a founding CTO.
    Founding CTO path →
    Experienced operator looking for your next company?
    Explore the founding CEO path.
    Founding CEO path →