OSS Capital L.P.

OSS Capital's mission is to catalyze the commercial open-source software (COSS) investment landscape by rethinking the traditional VC model by focusing exclusively on backing and supporting early-stage COSS founders of the next-generation. We are backed and supported by the previous generation of the worlds most successful and experienced COSS founders who have collectively: - Started 40 + of the worlds largest and most successful COSS companies - Unlocked $16 billion + in aggregate annual revenue - Driven $70 billion + in outcomes/exits across IPOs, M&A and PE events - Captured $145 billion + in aggregate value - Created 44,000 + full-time OSS jobs - Raised $9 billion + in venture capital If you are a COSS founder looking for the worlds most differentiated lifecycle agnostic source of capital for your venture, look no further than OSS Capital.

33 past transactions

Liquid AI

Series A in 2024
Liquid AI is a technology company that develops artificial intelligence solutions for various applications. It focuses on creating tools for data analysis and decision-making processes. Liquid AI serves industries such as finance, healthcare, and logistics.

Parallel

Venture Round in 2024
Parallel is a Sci-Fi Card Game based on the Ethereum blockchain. Parallel is an application that provides users with the opportunity to purchase, collect, and showcase digital blockchain collectibles.

Tack

Funding Round in 2024
Investment company in cryptocurrency and blockchain

EXTROPIC

Seed Round in 2023
Extropic AI is a hardware startup focused on developing a specialized chip designed to optimize the performance of large language models (LLMs). The company aims to redefine computation by merging generative AI with physical processes through a unique computing paradigm. By leveraging the principles of out-of-equilibrium thermodynamics, Extropic AI seeks to enhance efficiency and scalability in computational tasks. This innovative approach enables clients to integrate generative AI more effectively into their operations, providing significant improvements in computational efficiency.

Liquid AI

Seed Round in 2023
Liquid AI is a technology company that develops artificial intelligence solutions for various applications. It focuses on creating tools for data analysis and decision-making processes. Liquid AI serves industries such as finance, healthcare, and logistics.

Plane

Seed Round in 2023
Break out of opinionated tools, inflexible features, and turbulent pricing. Move work forward, backward, up, down, and sideways when you need to the way you want to. No changing well-oiled processes. No learning new features. No lectures. Just Plane project management.

formbricks

Pre Seed Round in 2023
Formbricks is a micro-survey solution that is open source. Segment your consumer base granularly and ask the right question at the right time in the customer journey. By design, privacy is prioritized.

ResearchHub

Seed Round in 2023
ResearchHub is a platform designed to facilitate the open publication and discussion of scientific research. It allows researchers to upload their papers, preprints, and related materials while creating discussion threads for peer commentary and critique. By incentivizing contributions through ResearchCoin rewards for publishing, reviewing, and collaborating, ResearchHub aims to accelerate the pace of scientific inquiry. The platform fosters a collaborative environment where researchers can track their progress, engage with peers, and receive valuable feedback on their work, ultimately promoting a more open and dynamic scientific community.

Liquid AI

Seed Round in 2023
Liquid AI is a technology company that develops artificial intelligence solutions for various applications. It focuses on creating tools for data analysis and decision-making processes. Liquid AI serves industries such as finance, healthcare, and logistics.

Tack

Funding Round in 2023
Investment company in cryptocurrency and blockchain

MergeStat

Pre Seed Round in 2022
MergeStat is a company that focuses on providing open-source, operational analytics tailored for software engineering teams. Its software facilitates the creation of SQL queries, incorporating visualization tools and processes essential for software development. By enabling users to deploy their solutions across various infrastructures, MergeStat empowers clients to leverage data effectively, enhancing decision-making and streamlining workflows. This approach supports teams in making informed choices and improving overall efficiency in their software development processes.

W4 Games

Seed Round in 2022
W4 Games helps to support the open-source Godot ecosystem by giving businesses the goods and services they require on a commercial level.

Appsmith

Series B in 2022
Appsmith is a developer of an open-source low-code application platform established in mid-2019. The platform enables developers to efficiently build, deploy, and manage custom internal applications, particularly focusing on CRUD functionalities. With over 5 million downloads and usage among more than 1,000 enterprises across over 100 countries, Appsmith aims to simplify the development of internal tools by streamlining operations, automating processes, and facilitating the integration of various applications and data. Additionally, the platform enhances legacy applications by allowing developers to incorporate new features, all while maintaining enterprise-grade security and governance.

Spacedrive

Seed Round in 2022
Spacedrive is an open-source, cross-platform file explorer that utilizes a virtual distributed filesystem developed in Rust. It allows users to combine various drives and cloud storage into a single, organized database that can be accessed from any device. The platform is particularly beneficial for creators, collectors, and those seeking to organize their digital files efficiently. Spacedrive employs advanced techniques for fingerprinting and extracting metadata, enabling users to sort, tag, back up, and share files seamlessly, without being constrained by the limitations of individual cloud providers. This capability allows businesses and individuals to maintain a synchronized master database in real-time, enhancing overall file management and accessibility.

AppFlowy

Seed Round in 2022
AppFlowy is an open-source collaborative workspace designed to facilitate project and knowledge management. It enables users to create customized applications to meet their specific needs while prioritizing data security. As a leading alternative to proprietary tools like Notion, AppFlowy offers a community-driven platform that supports the development of templates, plugins, and themes. This flexibility allows teams to enhance their productivity and collaboration without compromising control over their data. By integrating artificial intelligence, AppFlowy aims to streamline workflows and foster a more efficient working environment for individuals and teams alike.

Cal.com

Series A in 2022
Cal.com is a developer of an open-source calendar platform focused on scheduling and task management. The platform offers both self-hosted and hosted solutions, allowing users to maintain control over their events and data. Designed with a white-label approach, it enables extensive customization through its open API, providing users with various embed options to seamlessly integrate the calendar into their own domains. This flexibility eliminates design restrictions, making it user-friendly and adaptable for diverse scheduling needs.

OpenBB

Seed Round in 2022
OpenBB is an open-source company that develops a modern investment research platform aimed at making investment analysis effective, powerful, and accessible to a wide range of users. By leveraging advanced data science and machine learning technologies, OpenBB enables investors to interpret and utilize raw financial data efficiently. The company serves millions of investors seeking to enhance their research capabilities and gain insights from complex financial information. Through its commitment to open-source principles, OpenBB strives to democratize access to investment research tools and resources.

Theatre.js

Seed Round in 2021
Theatre.js is a digital design platform that facilitates collaboration between designers and developers to create animations for the web. It provides a JavaScript animation library that supports the animation of the Document Object Model (DOM), WebGL, and various JavaScript variables. This enables web designers to craft interactive graphics and immersive animations. The platform is particularly suited for producing cinematic scenes and engaging user interface interactions, allowing creative developers and technical artists to enhance web aesthetics with elements such as motion graphics, 3D visuals, and audio. By offering tools to export animations directly to React components, Theatre.js streamlines the integration of complex animations into web applications.

Hoppscotch

Seed Round in 2021
Hoppscotch is an open-source API development platform that provides tools for creating, testing, saving, and sharing API requests. It serves engineers, software developers, quality assurance testers, and product managers by offering a comprehensive set of integrated API development resources. The platform features a web client that acts as an online collaborative environment for multiple developers or teams, facilitating the creation and testing of APIs. Additionally, Hoppscotch allows for the formation of smaller groups tailored for specific teams, such as QA testers, or for managing external vendors and partners, ensuring that sensitive data remains secure and separate from ongoing projects. This focus on collaboration and efficiency helps users accelerate their development processes and streamline workflows.

Cerbos

Seed Round in 2021
Cerbos is a software company that specializes in simplifying user permissions and authorization management for cloud-native applications. Its access management platform enables developers to implement scalable and secure access controls, allowing for the central management of authorization logic across various applications and services. By providing a plug-and-play solution, Cerbos reduces redundancy, enhances visibility, and facilitates rapid updates to access permissions. The platform supports the definition of access-related policies using human-readable languages, making it easier for organizations to manage authorization as their applications evolve.

Dagster Labs

Series A in 2021
Dagster Labs specializes in creating a data orchestration platform that enables organizations to efficiently develop, produce, and monitor their data assets. The company is focused on Dagster, an open-source Python library designed to facilitate the construction of modern data applications. This platform allows teams to collaborate effectively while processing and producing reliable data. By integrating seamlessly with existing tools and infrastructure, Dagster Labs helps clients build scalable and productive data platforms, enhancing their ability to manage and utilize data effectively.

Umbrel

Seed Round in 2021
Umbrel provides a personal server with a Bitcoin and Lightning node at home.

Merico

Series A in 2021
Merico Inc. is a technology company that specializes in code contribution analytics, offering a platform designed to help software companies track and analyze their code repositories. Founded in 2018 and headquartered in San Francisco, California, Merico serves executives, management, and developers by utilizing advanced program analysis and machine learning. The company's solutions enable engineering teams to gain insights into productivity and code quality, facilitating better resource allocation and enhanced team performance. Through its innovative analytics technology, Merico aims to support organizations in optimizing their software development processes and improving overall efficiency.

Parallel

Venture Round in 2021
Parallel is a Sci-Fi Card Game based on the Ethereum blockchain. Parallel is an application that provides users with the opportunity to purchase, collect, and showcase digital blockchain collectibles.

BoxyHQ

Venture Round in 2021
BoxyHQ is a developer of a commercial open-source platform that offers a suite of APIs focused on security and privacy. These APIs serve as building blocks for engineering teams, allowing them to create and deploy compliant cloud applications more efficiently. By simplifying the integration of security features, BoxyHQ helps developers meet enterprise-grade security standards while reducing time-to-market. This approach enables organizations to enhance their security posture and maintain control over their applications without compromising on compliance.

Appsmith

Series A in 2021
Appsmith is a developer of an open-source low-code application platform established in mid-2019. The platform enables developers to efficiently build, deploy, and manage custom internal applications, particularly focusing on CRUD functionalities. With over 5 million downloads and usage among more than 1,000 enterprises across over 100 countries, Appsmith aims to simplify the development of internal tools by streamlining operations, automating processes, and facilitating the integration of various applications and data. Additionally, the platform enhances legacy applications by allowing developers to incorporate new features, all while maintaining enterprise-grade security and governance.

Rome

Seed Round in 2021
Rome is a comprehensive development toolchain that integrates multiple programming tools into a single application, catering to languages such as JavaScript, TypeScript, HTML, and CSS. Its software streamlines the development process by unifying functionality and minimizing configurations, which enhances the overall user experience for developers. Rome offers a single command-line interface (CLI) that facilitates various tasks, including dependency installation, error checking, code testing, and code bundling. This cohesive approach allows developers to efficiently process code, identify errors, and manage their workflows, ultimately improving productivity in software development.

Rocket.Chat

Series A in 2021
Rocket.Chat is an enterprise communication and collaboration platform that serves over 12 million users on more than 500,000 servers globally. It offers an open-source solution designed for team collaboration and omnichannel customer service, enabling users to exchange messages, organize video calls, and share files. The platform supports integration with various external communication tools, allowing companies to customize their communication environment while ensuring data ownership and compliance. Rocket.Chat provides a secure space for both internal and external communications, with features such as individual and group messaging, video conferencing, file uploading, screen sharing, and LiveChat. The company aims to replace traditional email with a real-time federated communications platform and plans to establish a marketplace to facilitate app development and business services built around its core offerings. An active community of over 1,000 developer-contributors continuously enhances the platform, ensuring it meets the evolving needs of its users.

MindsDB

Seed Round in 2020
MindsDB Inc. is an automated machine learning platform that enables organizations to derive insights from their data through predictive analytics. Founded in 2017 by Adam Carrigan and Jorge Torres, the company offers a solution that allows users to pose predictive questions and receive accurate answers, thereby democratizing access to machine learning capabilities. The platform is versatile and applicable across various industries, including retail, finance, healthcare, and manufacturing, addressing needs such as credit scoring, customer lifetime value optimization, fraud detection, and risk assessment. By automating the predictive modeling process, MindsDB allows businesses to achieve the functionalities of skilled data scientists at a reduced cost, thereby transforming databases into effective data science teams. The company, which is based in Berkeley, California, was a participant in YCombinator's Winter 2020 batch and has received recognition as one of America's promising AI companies.

DEV

Series A in 2019
DEV is a community of software developers getting together to help one another out. The software industry relies on collaboration and networked learning. We provide a place for that to happen.their application is open source, meaning you can inspect every little detail of the code, or chip in yourself,they are working to make our platform available for anyone to stand up similar communities in any niche or passion.

Hex Five Security

Seed Round in 2019
Hex Five Security specializes in developing advanced security firmware that protects critical functionalities in embedded systems from untrusted components. Their flagship product, MultiZone® Security, leverages patented Trusted Execution Environment (TEE) technology to create hardware-enforced software-defined separation within a single chip. This innovative approach allows semiconductor companies and electronic device manufacturers to ensure secure boot, device attestation, remote firmware updates, and scalable secure communications without requiring additional hardware or complex programming models. By simplifying the development process through a policy-driven interface, Hex Five enables clients to safeguard their systems against vulnerabilities associated with third-party libraries and legacy code. This capability not only enhances security but also reduces development costs and risks, allowing companies to integrate various hardware and software components more safely.

Merico

Pre Seed Round in 2018
Merico Inc. is a technology company that specializes in code contribution analytics, offering a platform designed to help software companies track and analyze their code repositories. Founded in 2018 and headquartered in San Francisco, California, Merico serves executives, management, and developers by utilizing advanced program analysis and machine learning. The company's solutions enable engineering teams to gain insights into productivity and code quality, facilitating better resource allocation and enhanced team performance. Through its innovative analytics technology, Merico aims to support organizations in optimizing their software development processes and improving overall efficiency.
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