Open Investment Management LP

Private equity with venture activitySEC exempt reporting adviserClassification probable· New York, New Yorkopenvc.com

Indexing and investment solutions for venture capital. OpenVC™ is bringing the revolutionary idea of index investing and benchmarking to late-stage venture & growth. We manage funds investing in some of the world's most sought after investments.

In the firm's own words, from its website.

Reported fund assets
$15.3M
sum of its funds' Form ADV filings, last 30 months
Latest vintage
2025
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

2 additional investments, funds and LPs, 2 verified contacts (1 general firm email, 1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 4 vehicles
    on Form D, 18 months

    $30M reported sold so far.

    A Form D is filed when a vehicle takes its first money, so these are open to LPs now.

    FactSEC Form D filingsFor LPs, fund-of-funds, placement agentsVehicles →

Relationship network

5 connected entities

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Open Investment Management LP
New York, NY

2 more funds on this record

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Reading the network
  • Fund or vehicle
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Open Investment Management LP: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Open Investment Management LP

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

0 companies on record, 0 new in 12 months

Investments on record

0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.

Stated thesis versus observed behaviour

no observed deals yet
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
growth
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

0 current, 0 departed

Investment team

0 current, 0 departed
No named professional yet. People arrive from Form ADV Schedule A (owners, officers, control persons) and the team page.

Contacts

1 general firm email, 1 firm phone

1 general firm email, 1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

5 vehicles, 0 LPs disclosed

Funds and vehicles

5 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Open Unicorn Fund, LPFund2025 form d first saleFundraising$7.7M
Sep 12, 2026
5$26.9MJul 14, 2026
Open Unicorn Spv Spacex 1, LPSPV or co-invest vehicle2025 form d first saleNewly closed$4.6M
Sep 12, 2026
70$2.1MMar 11, 2025
Open Spx II, LPFund2025 form d first saleFundraising$2.9M
Sep 12, 2026
11$3.1MMar 12, 2026

Limited partners

0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.

Known LPs and allocators

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

0 co-investors

Co-investors

0 counted from shared deals, for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.

Evidence and history

5 dated events, 25 observations from 3 sources

Timeline

5 dated events
  1. seen on or beforeSep 24, 2026
    Open Investment Management LP: MICRO_VC -> PE_WITH_VENTURE_ACTIVITY (exempt reporting adviser (private fund exemption); venture funds are 33% of 3 private funds)
    Classification changedClassificationInference
  2. seen on or beforeSep 12, 2026
    Open Investment Management LP: INSTITUTIONAL_VC -> MICRO_VC (venture manager, reported GAV $15.3M across 5 vehicles)
    Classification changedClassificationInference
  3. Sep 12, 2026
    Open Unicorn Spv Spacex 1, LP first reported on Form ADV by Open Investment Management LP, GAV $4,639,913
    Fund first reported on Form ADVFundsFactOpen Unicorn Spv Spacex 1, LPForm ADV
  4. Sep 12, 2026
    Open Unicorn Fund, LP first reported on Form ADV by Open Investment Management LP, GAV $7,724,057
    Fund first reported on Form ADVFundsFactOpen Unicorn Fund, LPForm ADV
  5. Jul 1, 2025
    Open Investment Management LP appears on the SEC adviser roster (ERA)
    First SEC adviser filingOrganizationFactForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 3 private fundsShow
Headquarters
New York, NYadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
openvc.com
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Private fund adviseradviserinfo.sec.gov
Latest Form ADV
Mar 30, 2026
Private funds reported
3 (1 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$15.3Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 24, 2026
    Private equity with venture activity (probable, 75%)
    Exempt reporting adviser (private fund exemption); venture funds are 33% of 3 private funds
  2. Sep 13, 2026
    Micro VC (probable, 80%)
    Venture manager, reported GAV $15.3M across 5 vehicles
  3. Sep 12, 2026
    Institutional venture firm (probable, 70%)
    Venture manager with no reported fund assets yet (scale unknown)

Evidence

25 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedMar 30, 2026FactForm ADV
SEC exemption claimedPrivate fund adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Adv pdf loadedadv-pdf-1Sep 12, 2026FactForm ADV
SEC statusERA - ActiveMar 30, 2026FactForm ADV
SEC status effective2025-07-01Mar 30, 2026FactForm ADV
Business phoneMar 30, 2026FactForm ADV
Contact page urlSep 16, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 15, 2026Fact
HeadquartersNew York, NYMar 30, 2026FactForm ADV
Office addressMar 30, 2026FactForm ADV
Self-described typeVenture capital
“Indexing and investment solutions for venture capital.”
Sep 16, 2026Fact
Self-described typeVenture capital
“Indexing and investment solutions for venture capital.”
Sep 15, 2026Fact
Legal formLimited PartnershipMar 30, 2026FactForm ADV
Other funds reported2Mar 30, 2026FactForm ADV
Private funds reported3Mar 30, 2026FactForm ADV
Private fund gross assets (reported)$15.3MMar 30, 2026FactForm ADV
Stated stagesgrowth
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesgrowth
“stage words on the home page”
Sep 15, 2026Fact
Venture funds reported1Mar 30, 2026FactForm ADV
WebsiteMar 30, 2026FactForm ADV
Site titleSep 16, 2026Fact
Site titleSep 15, 2026Fact
How this is scored
Scores, classification basis and filing advisersPrivate equity with venture activity, probableShow
Importance
4
low
Active deployment
25
moderate
Emerging
0
low
Freshness
96
high
Private equity with venture activity · probableSEC exempt reporting adviser

Exempt reporting adviser (private fund exemption); venture funds are 33% of 3 private funds

The inputs behind each score
importance
gav: 0 · funds: 0.25 · people: 0 · investments: 0 · scale basis: Venture-typed funds only (Private equity with venture activity): 3 funds, $3M of $15M reported · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 5 · reported gav: $15.3M · first adv filing: 2025-07-01 · years since first filing: 1.3

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

3 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-24
  • Organization classification changed
    2026-09-12
  • Adviser's first ADV filing
    2025-07-01source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

Not yet on record: new companies, 12 mo, investment team.