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Investment Firm
Overview
OpenOcean is a thesis driven pan-European early-stage Venture Capital investor with offices in Helsinki and London. Our investment strategy focuses on leading or co-leading Series A investments in European companies driving the data economy with a focus on B2B platforms and Enterprise Software technology. Our investments are driven by three core theses: Automation, Data Infrastructure and Future of Software Development, with initial average investment sizes of €5m.
Our founding team members include key persons behind MySQL AB (sold to Sun Microsystems Inc. for $1 Billion in 2008), after which the team jointly built category leader MariaDB Corporation Ab, as well as forming and managing OpenOcean. Our DNA is rooted in having a deep understanding of the underlying technology and software stacks, which drive the growth of innovative new digital platforms and services. Our strong technical background and expertise allows us to identify and invest in the next game-changing and category winning start-tups at the early-stages, whose unique solutions can be rapidly scaled and adopted globally.
Highlights
2009
Enterprise Software
11-50
83
34
14
Early Stage Venture, Seed, Late Stage Venture, Private Equity
Venture Capital
Location
Europe
Contact Information
Social
Profile Resume
OpenOcean, established in 2009 and headquartered in Europe., specializes in Early Stage Venture, Seed, Late Stage Venture, Private Equity investments across Mobile, Virtual Goods, Information Technology, E-Commerce, Security, Machine Learning, Finance, Digital Media, Web Development, Hardware. The organization boasts a portfolio of 83 investments, with an average round size of $15.2M and 14 successful exits. Their recent investments include Ironstar Helsinki, WOT Services, Tesi, Zentyal, Alven. The highest investment round they participated in was $99.0B. Among their most notable exits are Ironstar Helsinki and WOT Services. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
83
2
34
14
Investments
83
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Sep 12, 2023 | Binalyze | Information Technology | 19.0M |
Feb 07, 2024 | Workfellow | Enterprise Software | 3.1M |
May 14, 2024 | Purple Dot | E-Commerce | 10.1M |
Jun 18, 2024 | Droppe | Marketplace | 4.2M |
Exits
14
Funding Timeline
83
0
4
Funding Rounds
83
OpenOcean has raised 83 rounds. Their latest funding was raised on Jun 18, 2024 from a Seed Round - Droppe round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Sep 12, 2023 | Series A - Binalyze | - | 19.0M | - |
Feb 07, 2024 | Series A - Workfellow | - | 3.1M | - |
May 14, 2024 | Series A - Purple Dot | - | 10.1M | - |
Jun 18, 2024 | Seed Round - Droppe | - | 4.2M | - |
Investors
0
There is no funding round available on this profile
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
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