Openspace Ventures

Summary

In 2014 was created Openspace Ventures, which is appeared as VC. The main department of described VC is located in the Singapore. The fund was located in Asia if to be more exact in Singapore.

The fund has no exact preference in a number of founders of portfolio startups. If startup sums 4 or 5+ of the founder, the chance for it to be financed is low. Among the most popular portfolio startups of the fund, we may highlight Go-Jek, Kredivo, Topica Edtech Group. We can highlight the next thriving fund investment areas, such as Business Intelligence, Artificial Intelligence. For fund there is a match between the location of its establishment and the land of its numerous investments - Singapore. Besides, a startup requires to be at the age of 4-5 years to receive the investment from the fund.

This organization was formed by Hian Goh, Shane Chesson. We also calculated 3 valuable employees in our database.

This Openspace Ventures works on 26 percentage points less the average amount of lead investments comparing to the other organizations. When the investment is from Openspace Ventures the average startup value is 100-500 millions dollars. The real fund results show that this VC is 21 percentage points more often commits exit comparing to other companies. The increased amount of exits for fund were in 2019. The high activity for fund was in 2019. Deals in the range of 10 - 50 millions dollars are the general things for fund. The fund is generally included in 7-12 deals every year.

The typical case for the fund is to invest in rounds with 4 participants. Despite the Openspace Ventures, startups are often financed by Jungle Ventures, 500 Startups, Alpha JWC Ventures. The meaningful sponsors for the fund in investment in the same round are Jungle Ventures, MDI Ventures, 500 Startups. In the next rounds fund is usually obtained by MDI Ventures, Jungle Ventures, Square Peg Capital.