
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.
Their most common stage is series-a (40% of deals). Average disclosed round size is $13.4M (across 14 rounds with reported amounts).
Portfolio
14
Fund Size
$150M
Top Stage
Series A
Last 12 Mo
0
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
Sháka Rasheed
General Partner
Marcelo Claure
Partner
Paul Judge
Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| Unknown | $1.8M | Jan 2026 | |
| Seed | $10M | Jan 2026 | |
| Series A | $15.4M | Jan 2023 | |
| Series A | $8M | Aug 2022 | |
| Series C | — | Jun 2022 | |
| Series B | $30M | Apr 2022 | |
| Growth | $5M | Jan 2022 | |
| Seed | $2.1M | Jul 2021 | |
| Seed | $2.7M | Jun 2021 | |
| Series A | $10M | May 2021 | |
| Series A | $40M | Mar 2021 | |
| Series B | $23M | Nov 2018 | |
| Unknown | $3.5M | — | |
| Series A | $16M | — | |
| Series A | $20M | — |
Top Co-Investors
Last updated: 20 October 2026