Open Opportunity Fund (formerly SB Opportunity Fund) is a venture and growth investment firm backing B2B software companies across Enterprise IT, Fintech, and People Ops, with a focus on technology companies founded by Black, Latinx, and Native American entrepreneurs. Originally launched by SoftBank Group in June 2020, it was rebranded to Open Opportunity Fund in 2023 and is now headquartered in Atlanta, GA.
43% of their portfolio is in Fintech. Their most common stage is seed (43% of deals). Average disclosed round size is $11.5M (across 7 rounds with reported amounts).
Portfolio
6
Fund Size
$150M
Top Stage
Seed
Last 12 Mo
2
Team
Paul Judge
Chairman and Managing Partner
Marcelo Claure
Vice Chairman and General Partner
Jeffrey Asiedu
Senior Associate
Cesca Delos Santos
Executive Assistant
Hadley Poole
Operations Manager
Melanie Cohen
Fractional Chief Financial Officer
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
Top Co-Investors
Last updated: 8 September 2026