OpenView

OpenView is a prominent Boston-based venture capital firm established in 2006, specializing in expansion-stage software companies. The firm is particularly known for its focus on product-led growth (PLG) strategies, aiming to transform promising software businesses into market leaders. Their investment thesis centers on identifying B2B SaaS companies poised for significant scaling, providing not just capital but also strategic and operational support tailored to accelerate growth in competitive markets.

Beyond capital, OpenView distinguishes itself through its "OpenView Labs" platform, which offers extensive operational support to portfolio companies across critical functions such as talent acquisition, go-to-market strategy, and product development. This hands-on approach is designed to accelerate growth and optimize market positioning for their investments. The firm has demonstrated significant fundraising success, closing its seventh fund, OpenView Venture Partners VII, in March 2022 with $570 million in commitments. This substantial capital base allows OpenView to make meaningful initial investments and provide robust follow-on funding to support their portfolio companies' long-term expansion.

OpenView typically invests in Series A and Series B rounds, with initial check sizes generally ranging from $10 million to $30 million, though they have the capacity to lead larger rounds. Their portfolio includes numerous successful software companies that have achieved significant valuations and market penetration, underscoring OpenView's expertise in identifying and nurturing high-potential B2B software ventures. The firm's commitment to fostering product-led growth and providing comprehensive support solidifies its position as a key player in the expansion-stage venture capital landscape.