At a Glance
OpenView Partners was founded in 2006 by Scott Maxwell and has established itself as the leading expansion-stage venture firm focused exclusively on B2B software companies demonstrating product-led growth. The firm pioneered the concept of product-led growth (PLG) in enterprise software, investing in companies where the product itself drives customer acquisition, expansion, and retention. OpenView's investment approach targets companies that have achieved initial product-market fit and are ready to scale from early revenue to significant growth milestones. The firm has backed numerous category-defining companies including Calendly, Datadog, MongoDB, and Notion. Beyond capital, OpenView provides extensive operational support through their platform team, offering expertise in PLG methodologies, go-to-market strategies, and scaling operations. The firm publishes extensive research and thought leadership on product-led growth, hosting the annual BUILD conference and maintaining resources that have become industry standards. What makes OpenView distinctive is their singular focus on PLG B2B software companies and their deep operational expertise in helping companies optimize their product-led go-to-market motions. Their portfolio companies benefit from a network effect of PLG practitioners and proven playbooks for scaling efficiently.
“Backs product-led growth software companies at the expansion stage with PLG expertise.”
OpenView Partners primarily invests at the Series A, Series B+ stages. This means they focus on companies that are scaling their go-to-market after proving product-market fit.
OpenView Partners is headquartered in Boston, MA. Many of their portfolio companies are also based in this region, though they invest across geographies.
OpenView Partners focuses on investments in Enterprise, SaaS, DevTools. Their portfolio reflects deep expertise and networks within these sectors.
OpenView Partners's typical investment check size ranges from $5M to $50M. Actual amounts may vary based on the stage, sector, and specific opportunity.
OpenView Partners manages approximately $2B+ in assets under management (AUM) across their funds.
