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Key people at Open Core Ventures.
Open Core Ventures was founded in 2020 by Sid Sijbrandij (Founder and General Partner).
Open Core Ventures (OCV) builds and scales open-core companies directly from impactful open-source projects. OCV identifies high-traction open-source software, then recruits founders to establish new commercial entities. The firm provides structured frameworks and resources, empowering developers to transform their initiatives into scalable, venture-backed businesses through strategic commercialization.
Founded by GitLab CEO Sid Sijbrandij, OCV emerged from his conviction in open source as software's future. Sijbrandij recognized a unique opportunity to formalize successful open-source projects into venture-scale companies. His model proactively sources high-traction software, pairing it with entrepreneurs, providing the blueprint and infrastructure to launch and scale.
OCV-backed companies serve diverse technology users, from developers to enterprises, offering commercial solutions built on robust open-source foundations. These products combine open-source flexibility with critical enterprise features and dedicated support. OCV's vision is to establish the open-core model as the primary framework for venture-funded software, expanding open-source innovation's influence and commercial viability.
Key people at Open Core Ventures.
Open Core Ventures was founded in 2020 by Sid Sijbrandij (Founder and General Partner).
Open Core Ventures has 1 tracked investment across 1 company. The latest tracked deal is $27.0M Series B in Fleet Device Management in June 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 1, 2025 | Fleet Device Management | $27.0M Series B | Scott Lundgren | AirAngels, BLU Venture Investors, C2 Investment, CapitalX, CRV, Homebrew, Lightspeed Venture Partners, Moonfire Ventures, Otherwise Fund, Seedcamp, Shield Capital, SNR, Spark Capital, Spero Ventures, Amjad Masad, Augusto Marietti, Charlie Songhurst, David Kalt, David Lieb, Dylan Field, Gerhard Eschelbeck, Guillermo Rauch, Jeremy YAP, Karim Atiyeh, Mike Hudack, Mike Krieger, Nico Waisman, Tobias Lutke, Zack Kanter, Balaji Parimi, Christof Baumgärtner, Kevin Mahaffey, Ryan Noon, Sytse Sijbrandij |