We're proud to welcome our newest company, External Secrets Inc, to the OCV portfolio! Built around the CNCF open source project External Secrets Operator, External Secrets aims to automate the most cumbersome parts of enterprise secrets management. Congratulations to co-founders 💻Lucas Severo Alves and Gustavo Carvalho on the company launch! https://lnkd.in/gZJEqKSZ
Open Core Ventures
Venture Capital and Private Equity Principals
All software should be open and everyone can become an entrepreneur.
About us
Open Core Ventures (OCV) is a venture capital firm that starts commercial open source software companies. Our team identifies open source software projects with traction, recruits passionate project founders and contributors, and launches new companies. OCV companies aim to create tangible value for the open source community by providing access to resources and reducing the barrier to entrepreneurship. OCV believes in the power of open core, and the impact of open learning and collaboration. Our approach diverges from conventional venture capital because OCV starts companies and recruits founders; OCV does not invest in existing companies. The OCV model enables experienced, capable, and technical founders who otherwise would not have the resources to launch a successful startup. OCV does not make investments in existing open core companies. OCV is not currently accepting new limited partners.
- Website
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https://opencoreventures.com/
External link for Open Core Ventures
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 2-10 employees
- Type
- Privately Held
- Founded
- 2020
- Specialties
- Open source technology, Venture, and Startups
Employees at Open Core Ventures
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Mel Condos
Talent Acquisition Leader. Factotum.
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Sid Sijbrandij
CEO at GitLab Inc. (NASDAQ: GTLB) I’m not able to respond to LinkedIn messages.
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Richard Aberman
Early-stage investor, WePay founder
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Susan Sutton, MA
People & Operational Leader | Head of People | Strategic Advisor | Chief of Staff | Director
Updates
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Over the years, we've explored different timelines for the most critical and impactful time to bring in a CEO. At first, we recommended that new companies wait to find a founding CEO for around six months after establishing a team and initial product-market fit. We’ve learned that asking the CTO to build the product and generate demand causes too much tension around priorities. CTOs needed a demand partner from the start. https://lnkd.in/gfUhEbXD
Technical founders need a demand-focused co-founder from the start
opencoreventures.com
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Open Core Ventures reposted this
Wow, kind of unexpected but looks like GrapesJS was chosen as Product of the Day by SaaSHub 🥰 https://lnkd.in/dm9HUP9n
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We’re proud to welcome Locust Technologies to the OCV portfolio! Locust Technologies offers code-based, event-driven load testing built on the open-source project Locust. Led by maintainer Lars Holmberg, Locust Technologies plans to offer hosted load generation and advanced reporting capabilities. https://lnkd.in/gBjQEaHu
Introducing Locust load testing: Event-driven, test-as-code performance testing suite
opencoreventures.com
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OCV is proud to announce the launch of our newest portfolio company, Grapes Studio Inc., a no-code editor built on the open-source framework GrapesJS. Led by GrapesJS creator, Artur Arseniev, Grapes Studio will build on the GrapesJS open-source core to create a SaaS application for the popular framework. In addition to Grapes Studio, Artur plans to build Studio SDK, an embeddable version of Grapes Studio. Both are multi-purpose editors that bring all web-related needs into a single interface from website creation to newsletters, invoicing, and more. https://lnkd.in/gfMjQmyP
GrapesJS creator founds Grapes Studio Inc. to bring the open-source, multi-project, no-code website editor mainstream
opencoreventures.com
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Open Core Ventures reposted this
Glad to be on the Stretch Four Insights podcast talking about Mermaid Chart's recent seed round, venture studios, and the future of Mermaid. https://lnkd.in/gSKafKgk
Episode 022: The Private Market Boom, Ramp's AI Spending Report, and Mermaid Chart's Oversubscribed $7.5M Seed Round
stretchfour.substack.com
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We’re thrilled to announce our newest company Duplicati Inc led by Kenneth Skovhede! Duplicati is a fully encrypted backup client that runs anywhere. Since its inception nearly 15 years ago, Duplicati’s been focused on providing a zero-trust, open source backup solution that’s easy to use as well as platform and storage destination independent. Over 80 million backups were run by Duplicati in 2023 alone. https://lnkd.in/gUaXQUHT
Duplicati: Zero trust, fully encrypted backup
opencoreventures.com
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We’re proud to welcome Lucenia to our portfolio of open charter companies! Led by Nicholas Knize, Ph.D., Lucenia is a search and analytics engine that unifies existing cloud and self-hosted environments. Unlike current monolithic search engines, Lucenia utilizes independent stateless micro-functions that can flexibly scale based on real-time demand. Using serverless and autoscaling features, Lucenia aims to make it easy for businesses to extract meaningful data and insights without overpaying in cloud costs. Built as a true autoscale-as-you-need platform and incorporated as a public benefit company, Lucenia plans to release the majority of its features under an open source license and charge customers primarily based on scaling needs. https://lnkd.in/gUF3MZBr
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Open Core Ventures reposted this
Fundraising puts founders in front of tons of investors who have heard hundreds, if not thousands, of company pitches. Ideally, a founder is talking with experienced partners who have invested in multiple successful companies and know a thing or two about how to build a successful startup. So when they give feedback on why they passed, it's intuitive to want to listen. But don’t. Take the no, and ignore the why. https://lnkd.in/gcxafKKP
Don’t listen to feedback from VCs who pass on investing
opencoreventures.com