For fund investors

Join our mission in supporting the next wave of European data economy founders

OpenOcean is an early-stage focused venture capital firm investing in software start-ups across Europe with offices in Helsinki and London.

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Uniquely positioned

Thanks to our background as founders and entrepreneurs with deep understanding of software solutions for the data economy, OpenOcean is in a unique position in Europe in terms of deal-flow access and ability to support relentless entrepreneurs aiming to change the world. You can read more about our investment philosophy and approach here.

In addition to having an entrepreneurial focus and mindset, the OpenOcean team is highly skilled in evaluating technologies and software development processes. Many team members have been software builders themselves, and having taken some of the most popular technologies to the global market, it’s safe to say that OpenOcean knows how to assess and improve scaling strategies.

As a leading venture capital investor OpenOcean recognizes the key role that improvement of Environmental, Social and Governance (“ESG”) matters plays as a prerequisite for long-term value creation. OpenOcean always aims to invest responsibly within the scope of our investment strategy and we have a Responsible Investment Policy in place.

Benefits to Limited Partners

We can offer significant leverage through our deep presence in the European market:

  1. Partnership beyond capital, including industry-thought leadership exchanges.
  2. High quality deal flow with deep theme driven approach. Potential participation in deal flow calls and/or quarterly tailored updates about the market.
  3. Broad coverage of the European software market (portfolio today from 13 European countries, and actively covering the ground in all major European capitals and economies).
  4. Case-specific opportunities to co-invest or to compare analysis on investments.
  5. Connection with OpenOcean’s broader ecosystem of founders, industry leaders and investors, as well as via our data leader network DataSeries.


Who can invest?

  1. Our current Limited Partner Investors come from around the world and consist mainly of institutional investors, family offices, and high net-worth individuals.
  2. OpenOcean is registered as an alternative investment fund manager under the AIFM Act with approval from the Finnish Financial Supervisory Authority. OpenOcean is also registered as an “EuVECA” alternative investment fund manager. All current OpenOcean funds are incorporated in Finland.
  3. We are a member of the Finnish Venture Capital Association (FVCA). Our reporting follows Invest Europe guidelines and our valuation follows guidelines issued or endorsed by IPEV.
  4. For further inquiries please contact Patrik Backman at patrik@openocean.vc.

Featured articles

All news
May 16, 2023
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1
min read

Meet the OpenOcean Team in Spring/Summer 2023 Events

The OpenOcean Helsinki and London teams will attend various spring and summer events around Europe. We're on a mission to unite with entrepreneurs, professionals, and fellow investors to exchange and discuss new ideas and dive into exciting business opportunities – on and off the stage.
May 3, 2023
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3
min read

"You can either retain your culture or have hyper-growth - getting both is a fool's choice.” – A Q&A with our Operating Advisor Kulpreet Singh

In this Q&A blog post, we have the pleasure of featuring Kulpreet Singh, OpenOcean's Operating Advisor since 2018. Kulpreet joined the team after a successful tenure at UiPath, the world's leading robotic process automation (RPA) software. We dive into Kulpreet's insights on company growth, common challenges fast-growing tech companies face, and essential qualities for startups aiming to make their mark globally.
March 29, 2023
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4
min read

Hygraph Raises $30M Series B Funding Round for Federated Content Platform

OpenOcean portfolio company Hygraph, a leading federated content platform, announced the closure of a $30 million Series B funding round led by One Peak. OpenOcean is delighted to continue to be part of the journey since it led Hygraph’s Series A, and welcomes the participation of both existing and new investors, including Peak, SquareOne, and business angel Boris Lokschin, Co-Founder and CEO of Spryker Systems.