What is OpenVC?
OpenVC is a platform designed to connect technology startup founders with a vast network of investors, facilitating the fundraising process. It provides access to a database of over 5,800 investors, including VC firms, angel groups, solo angels, and more, enabling founders to search and filter potential investors based on various criteria like geography, check size, investment stage, and industry focus.
The platform aims to simplify outreach and communication by offering tools for direct outreach, introduction finding, and managing investor interactions through a dedicated CRM. Features like deck tracking, automatic follow-ups, and AI-powered email personalization help founders manage their fundraising campaign efficiently. OpenVC supports founders throughout their fundraising journey, from initial search to closing deals, offering both free and premium features to cater to different needs.
Features
- Investor Database: Access and filter over 5,800 investors (VC firms, angels, etc.) by geography, check size, stage, and industry.
- Fundraising CRM: Centralize and manage the entire fundraising process, track interactions, and opportunities.
- Direct Outreach: Reach out to investors directly through the platform.
- Intro Finder: Automatically scans your network to find contacts who can introduce you to target investors.
- Deck Tracking: Monitor investor interactions with your pitch deck (views, time spent).
- Automatic Follow-Ups: Set up automated follow-up emails for investor outreach.
- AI-Powered Emails: Personalize outreach emails for each investor using AI.
- Team Collaboration: Invite co-founders to collaborate on the fundraising process.
Use Cases
- Finding relevant investors for a specific startup stage and industry.
- Managing and tracking communication with potential investors.
- Streamlining the cold outreach process for fundraising.
- Identifying potential introductions within a founder's network.
- Monitoring engagement with pitch decks sent to investors.
- Collaborating with co-founders on fundraising efforts.
- Accessing fundraising educational resources and templates.
FAQs
-
What is OpenVC?
OpenVC is an open platform designed to connect tech founders with investors. It provides tools like an investor list, a fundraising CRM, and deck hosting solutions to facilitate the fundraising process. -
How does OpenVC work for founders?
Founders create an account, search for relevant investors using filters, and reach out based on investor preferences (cold email, forms, intros). OpenVC offers tools to manage this process. -
How does OpenVC work for investors?
Investors can sign up for free, detail their investment thesis, and receive qualified deal flow screened by OpenVC. Profile approval takes approximately 24 hours. -
How does OpenVC prevent investor spam?
All deal flow submitted through OpenVC is screened for quality and thesis fit before reaching investors. Investors typically receive about one relevant outreach per week. -
Is OpenVC free?
Yes, the core features of OpenVC, including investor search, CRM, and deck analytics, are free for both founders and investors. A Premium membership with advanced features is available for founders.
Related Queries
Helpful for people in the following professions
OpenVC Uptime Monitor
Average Uptime
100%
Average Response Time
600.75 ms
Featured Tools
Join Our Newsletter
Stay updated with the latest AI tools, news, and offers by subscribing to our weekly newsletter.