Open Opportunity Management, LLC

Institutional venture firmSEC venture capital fund adviser· Atlanta, GeorgiaTheOpportunityFund.com

Institutional venture firm, based in Atlanta, Georgia, reporting $138M of fund assets on its funds' Form ADV filings.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$138M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
7
Latest vintage
2024
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

6 additional team members, 37 additional co-investors and affiliates, 60 additional investments, funds and LPs, 3 verified contacts (1 published business email, 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. 2 deals
    with Y Combinator

    Invests most often alongside Y Combinator (2 shared deals) and Mac Venture Capital (2 shared deals).

    pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people
  • Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet
  • Partner
    Why: Partner: part of the investment decision
    No route on file yet
  • Senior Associate
    Why: Named with investment responsibility
    No route on file yet

Relationship network

115 connected entities2 observed rounds1 repeat counterparty

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.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person
›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 Opportunity Management, LLC: 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 Opportunity Management, LLC

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

Investing

61 companies on record, 0 new in 12 months

Investments on record

61 companies, 2 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Afriexportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website
Aispireportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website
Arcusportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website

Stated thesis versus observed behaviour

63 observed deals
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
not stated or not yet read
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (1)
lead rate no observed dealsfollow-on rate 100%new companies, 12 months 0

Team

10 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
  • Paul Qantas Judge · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • Chad Harris · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility
  • Jeffrey Asiedu · Senior Associate
    Why this person: Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

10 current, 0 departed

Contacts

1 published business email, 1 general firm email, 1 firm phone

1 published business email, 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 Opportunity Fund 2 LP, LLCOpportunity fund2024 form d first saleFundraising$23.9M
Mar 26, 2026
11$22.1MDec 19, 2025
Open Opportunity Fund 2-A, LPOpportunity fund2024 form d first saleFundraisingunknownunknown$22.1MDec 19, 2025
Open Opportunity Fund 1, LLCOpportunity fundunknownUnknown$111M
Mar 26, 2026
2unknownunknown

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

50 co-investors

Co-investors

50 counted from shared deals, for the whole firm

Evidence and history

4 dated events, 47 observations from 3 sources

Timeline

4 dated events
  1. Mar 26, 2026
    Open Opportunity Fund 2-A LP, LLC first reported on Form ADV by Open Opportunity Management, LLC (Venture Capital Fund), GAV $2,863,796
    Fund first reported on Form ADVFundsInferenceOpen Opportunity Fund 2-A LP, LLCForm ADV
  2. May 16, 2024
    Open Opportunity Management, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactForm ADV
  3. May 16, 2024
    Open Opportunity Fund 1, LLC first reported on Form ADV by Open Opportunity Management, LLC (Venture Capital Fund), GAV $100,000,000
    Fund first reported on Form ADVFundsFactOpen Opportunity Fund 1, LLCForm ADV
  4. May 16, 2024
    Open Opportunity Fund 2 LP, LLC first reported on Form ADV by Open Opportunity Management, LLC (Venture Capital Fund)
    Fund first reported on Form ADVFundsFactOpen Opportunity Fund 2 LP, LLCForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 26, 2026 · 3 private fundsShow
Headquarters
Atlanta, GAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 26, 2026
Private funds reported
3 (3 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$138Madviserinfo.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 23, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $138M across 5 vehicles
  2. Sep 16, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $100M across 4 vehicles
  3. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $100M across 2 vehicles

Evidence

47 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 26, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 26, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMay 16, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 26, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 26, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMay 16, 2024FactForm ADV
First Form ADV filing2024-05-16Mar 26, 2026FactForm ADV
First Form ADV filing2024-05-16May 16, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-26Mar 26, 2026FactForm ADV
Latest Form ADV filing2026-03-26Mar 26, 2026FactForm ADV
Latest Form ADV filing2024-05-16May 16, 2024FactForm ADV
SEC statusERA - ActiveMar 26, 2026FactForm ADV
SEC status effective2024-05-16Mar 26, 2026FactForm ADV
Venture share of reported funds1Mar 26, 2026FactForm ADV
Venture share of reported funds1May 16, 2024FactForm ADV
Business phoneMar 26, 2026FactForm ADV
Business phoneMay 16, 2024FactForm ADV
Contact page urlSep 16, 2026Fact
HeadquartersAtlanta, GAMar 26, 2026FactForm ADV
HeadquartersAtlanta, GAMay 16, 2024FactForm ADV
Office addressMar 26, 2026FactForm ADV
Office addressMay 16, 2024FactForm ADV
Legal formLimited Liability CompanyMar 26, 2026FactForm ADV
Legal formLimited Liability CompanyMay 16, 2024FactForm ADV
Portfolio pageSep 16, 2026Fact
Private funds reported3Mar 26, 2026FactForm ADV
Private funds reported3Mar 26, 2026FactForm ADV
Private funds reported2May 16, 2024FactForm ADV
Private fund gross assets (reported)$138MMar 26, 2026FactForm ADV
Private fund gross assets (reported)$138MMar 26, 2026FactForm ADV
Private fund gross assets (reported)$100MMay 16, 2024FactForm ADV
Schedule a diffsadiff-1Mar 26, 2026FactForm ADV
Team pageSep 16, 2026Fact
Venture funds reported3Mar 26, 2026FactForm ADV
Venture funds reported3Mar 26, 2026FactForm ADV
Venture funds reported2May 16, 2024FactForm ADV
WebsiteMar 26, 2026FactForm ADV
WebsiteMay 16, 2024FactForm ADV
Site titleSep 16, 2026Fact
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShow
Importance
47
elevated
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $138M across 5 vehicles

The inputs behind each score
importance
gav: 0.35 · funds: 0.42 · people: 0.32 · investments: 0.67 · co investors: 0.69
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: $138M · first adv filing: 2024-05-16 · years since first filing: 2.4

Fits, record history and connections

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

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2024-05-16source 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.