OPEN (www.openvc.com) is a fund management company backed by the New York Stock Exchange.
We've built a best-in-class data, indexing, and sourcing platform to enable the launch of index-based investment strategies into some of the sought-after companies in private markets.
The first product launched off this platform is the OPEN Unicorn Index Fund. The fund tracks an index of the 50 largest US Unicorns (SpaceX, Stripe, etc.) and will be constructed with direct holdings as opposed to synthetically. Accessing and valuing private companies continues to be complicated and expensive - we look to solve this challenge by offering a diversified, low-fee basket of some of the most innovative private companies to the benefit of its investors.