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OpenOcean
What Does OpenOcean Do?
OpenOcean VC is a European venture capital firm that specializes in investing in early-stage B2B software companies, typically at the Series A funding round. Known for its operator-led approach, many of its partners have backgrounds as founders and executives in successful software businesses (e.g., MySQL, MariaDB). They focus on what they term 'delicious software' – software that users love and that drives significant business value. Their investment thesis often revolves around data-intensive software, automation, and AI-driven solutions. OpenOcean aims to provide not just capital, but also deep operational expertise and an extensive network to help founders scale their businesses globally.
Where Is OpenOcean's Headquarters?
HQ Function
The Helsinki office serves as the central hub for the firm's operations, including investment decisions, fund management, portfolio support, and strategic direction.
Notable Features:
Situated in a prominent business district, offering proximity to the local tech ecosystem and fostering collaboration.
Work Culture:
Characterized by a data-driven, founder-friendly, and deeply analytical approach. The culture emphasizes collaboration, operational expertise, and a hands-on support model for portfolio companies.
HQ Significance:
The Helsinki headquarters anchors OpenOcean's presence in the Nordics, a region known for strong software engineering talent and innovative startups. It's the primary base for several General Partners.
Values Reflected in HQ: The headquarters reflects values of professionalism, innovation, deep industry knowledge, and a commitment to fostering entrepreneurial success in the software sector.
Location:
OpenOcean VC primarily focuses its investments in European B2B software companies. While its physical offices are in Helsinki, London, and Amsterdam, its reach is pan-European for deal sourcing and investment. Furthermore, OpenOcean supports its portfolio companies in their global ambitions, helping them scale into markets such as North America and Asia by leveraging its international network and the experience of its partners.
Street Address:
Eteläranta 12
City:
Helsinki
State/Province:
Uusimaa
Country:
Finland
Where Else Does OpenOcean Operate Around the World?
London, United Kingdom
Address: The Office Group, 2 Stephen Street, London, W1T 1AN, UK (Representative Address)
To actively engage with the UK's dynamic startup ecosystem, connect with local founders, and provide on-the-ground support for portfolio companies expanding into or operating within the UK.
Amsterdam, Netherlands
Address: Spaces Herengracht, Herengracht 124-128, 1015 BT Amsterdam, Netherlands (Representative Address)
To tap into the burgeoning Benelux and wider continental European tech scenes, identify promising B2B software startups, and support portfolio companies' European growth strategies.
Buying Intent Signals for OpenOcean
Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.
Who's Leading OpenOcean? Meet the Executive Team
As of April 2025, OpenOcean' leadership includes:
Who's Investing in OpenOcean?
OpenOcean has been backed by several prominent investors over the years, including:
What Leadership Changes Has OpenOcean Seen Recently?
OpenOcean VC has strengthened its team with new Venture Partners in the last year to enhance its investment capabilities across Europe. For Venture Capital firms, Partner-level appointments are significant.
New Appointments:
What Technology (Tech Stack) Is Used byOpenOcean?
Discover the tools OpenOcean uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
OpenOcean Email Formats and Examples
OpenOcean VC commonly uses the [first].[last]@openocean.vc email format. Variations like [first_initial][last]@openocean.vc might also be in use, though less common for primary contact.
[first].[last]@openocean.vc
Format
patrik.backman@openocean.vc
Example
90%
Success rate
What's the Latest News About OpenOcean?
ArcticStartup • May 15, 2024
OpenOcean VC leads €5.8M seed round for Specter
Finnish VC OpenOcean has led a €5.8 million seed round for Specter, a B2B SaaS startup. The round also saw participation from LHV pension funds and other existing investors, bringing Specter’s total funding to €8.8 million....more
EU-Startups • September 20, 2023
OpenOcean VC appoints two new Venture Partners to bolster Pan-European investment strategy
Helsinki-based VC OpenOcean has announced the appointment of two new Venture Partners, Bernhard Niesner and George Eassey. These additions aim to strengthen the firm's expertise and reach across Europe....more
TechCrunch • January 19, 2022
OpenOcean VC raises €130M fund to back ‘delicious’ B2B software startups
OpenOcean, the European VC that was an early backer of MySQL and MariaDB, has raised its third main fund, totaling €130 million ($150 million at the time), to continue investing in Series A rounds for Europe’s most promising B2B software companies....more
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