If you're building COSS (Commercial Open Source Software), these are the investors who actually write first checks. This article compiles a comprehensive list of open-source investors, angel investors, and VC funds that actively support open-source startups, from early-stage angels writing $5k-$50k checks to larger investors writing $100k+ checks.
The open-source ecosystem has grown significantly, with investors who understand the unique dynamics of building commercial open-source companies. These investors bring not just capital but also deep expertise in open-source business models, community building, and go-to-market strategies.
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There is no guarantee open-source investors or any other will say yes, and the chances are low, on average 1/100 will invest. The best you can do is to capture interest as soon as possible or get no and move on.
How? Share your pitch deck as a link not as an attachment and get insights if investors are interested
Choosing the right open-source investor for your COSS startup involves several critical considerations. First, ensure the investor understands open-source business models and has experience with similar companies. Look for investors who have backed successful open-source companies or have founders with open-source backgrounds.
Consider their check size and whether it matches your fundraising needs. Some investors write smaller checks ($5k-$50k) which are perfect for very early stages, while others write larger checks ($100k+) for seed rounds. Review their portfolio to see if they have experience with open-source companies in your space.
Evaluate their value-add beyond capital. Many open-source investors provide strategic guidance on community building, developer relations, and open-source go-to-market strategies. Consider using tools like pitch deck sharing software to gauge their interest level and track engagement.
Finally, assess their network and connections within the open-source ecosystem. Investors with strong relationships in the developer community, open-source foundations, and other COSS companies can provide valuable introductions and partnerships.
Reaching out to open-source investors can seem daunting, but it's all about taking the right steps. Start by understanding their investment focus and ensuring your COSS project matches what they're looking for. Prepare a clear and compelling presentation that highlights your open-source project, community traction, and commercial strategy.
Use pitch deck sharing software to send your deck as a link rather than an attachment, allowing you to track activity and capture investor feedback. Personalize your approach by mentioning why they're specifically a good fit for your open-source company. Attend open-source conferences and developer events to build genuine connections beyond cold outreach.
Track whether investors have viewed your presentation and follow up with polite reminders that show dedication without being pushy. Be ready for detailed discussions about your open-source business model, community growth, and monetization strategy. As a COSS company, you can use fundraising software to streamline this entire process.
Peer Richelsen is the co-founder of Cal.com, an open-source scheduling platform. As an active angel investor, he writes checks in the $5k-$50k range for early-stage open-source startups.
Tobi Knaup is the co-founder of D2iQ (formerly Mesosphere), a company focused on Kubernetes and cloud-native technologies. He actively invests in early-stage open-source startups.
Thilo Konzok is a partner at Sequoia Capital with a focus on developer tools and open-source companies. He writes early-stage checks for promising open-source startups.
Leonard Picardo is an independent angel investor with a focus on open-source and developer tools. He writes checks for early-stage COSS companies.
Marc Seitz is the co-founder of Papermark, an open-source document sharing platform. He actively invests in early-stage open-source startups and understands the COSS business model.
Shawn "swyx" Wang is a well-known developer and angel investor in the open-source ecosystem. He writes early-stage checks for developer tools and open-source companies.
Guy Podjarny is the co-founder and president of Snyk, a developer security platform. He invests in early-stage open-source security and developer tools.
Fredrik Björk is associated with Graftbase and actively invests in open-source startups. He writes checks for early-stage companies building developer tools.
Michael Pennington is associated with Gumtree and invests in early-stage open-source companies. He focuses on marketplace and platform businesses.
Guillermo Rauch is the founder and CEO of Vercel, a platform for frontend developers. He actively invests in open-source projects and developer tools.
Clark Landry is associated with Hawke Ventures and invests in early-stage open-source startups. He writes checks for companies building developer-focused products.
Anthony Casalena is the founder and CEO of Squarespace. He invests in early-stage open-source and developer tools companies.
Abhinav Asthana is the co-founder and CEO of Postman, an API platform. He actively invests in open-source API tools and developer infrastructure.
Spencer Kimball is the co-founder and CEO of Cockroach Labs, creators of CockroachDB. He invests in early-stage open-source database and infrastructure companies.
Job van der Voort is the co-founder and CEO of Remote, a global HR platform. He invests in early-stage open-source companies, particularly in developer tools and infrastructure.
Ben Lang is the co-founder of Notion, a productivity and collaboration platform. He actively invests in early-stage open-source productivity tools and developer platforms.
Martin Henk is associated with Pipedrive, a CRM platform. He invests in early-stage open-source sales and developer tools.
Marc McCabe is associated with Nomad Capital and invests in early-stage open-source startups. He focuses on developer tools and infrastructure companies.
Jack Altman is the co-founder and CEO of Lattice, a people management platform. He writes larger checks ($100k+) for open-source companies with strong traction.
Elad Gil is a prominent angel investor and author who has invested in many successful open-source companies. He writes $100k+ checks for promising COSS startups.
Ryan Hoover is the founder of Product Hunt, a platform for discovering new products. He writes $100k+ checks for open-source companies with strong product-market fit.
Naval Ravikant is the co-founder of AngelList and a well-known angel investor. He writes $100k+ checks for open-source companies and has deep expertise in startup ecosystems.
Arjun Sethi is a partner at Tribe Capital, a venture capital firm. He writes $100k+ checks for open-source infrastructure and developer tools companies.
Andreas Klinger is associated with Remote First Capital and focuses on remote-first and open-source companies. He writes $100k+ checks for distributed teams building open-source products.
Ram Shriram is the founder of Sherpalo Ventures and an early Google investor. He writes $100k+ checks for open-source infrastructure and platform companies.
Sarah Drinkwater is associated with Common Magic and invests in open-source companies. She writes $100k+ checks for developer tools and infrastructure startups.
Nicolas Dessaignes is the co-founder of Algolia, a search API platform. He writes $100k+ checks for open-source developer tools and API companies.
Tom Preston-Werner is the co-founder of GitHub and founder of Preston-Werner Ventures. He writes $100k+ checks for open-source companies and has deep expertise in developer tools.
Alexis Ohanian is the co-founder of Reddit and Seven Seven Six. He writes $100k+ checks for open-source companies and platform businesses.
Tod Sacerdoti is the founder and CEO of Pipedream, a serverless integration platform. He writes $100k+ checks for open-source infrastructure and developer tools.
Ariel Maislos is associated with Coho AI and invests in open-source AI and developer tools companies. He writes $100k+ checks for early-stage startups.
Cassidy Williams is a developer advocate at GitHub and an active angel investor in open-source projects. She invests in developer tools and open-source companies.
Bjarke Staun-Olsen is an angel investor focused on open-source and developer tools. He invests in early-stage COSS companies.
Stephanie Friedman is associated with Accord and invests in open-source companies. She focuses on developer tools and infrastructure.
Emilio Escobar is associated with Datadog and invests in open-source observability and infrastructure companies. He has deep expertise in monitoring and developer tools.
Prasanna Sankar is associated with Rippling and invests in open-source HR and developer tools companies. He focuses on infrastructure and platform businesses.
Grace Francisco is associated with Pangea Cloud and invests in open-source cloud infrastructure companies. She focuses on developer tools and platform businesses.
Marcus Eagan is associated with SOCs and invests in open-source security and developer tools companies. He focuses on security infrastructure.
Chad Hurley is the co-founder of YouTube and an active investor in open-source video and developer tools companies. He writes checks for platform businesses.
Paul Copplestone is the co-founder and CEO of Supabase, an open-source Firebase alternative. He actively invests in open-source developer tools and infrastructure.
Mirko Novakovic is the co-founder of Instana (acquired by IBM) and invests in open-source observability and developer tools companies.
Jeff Hammerbacher is the co-founder of Cloudera and invests in open-source data infrastructure companies. He focuses on big data and analytics platforms.
Bertrand Diard is associated with Syroco and invests in open-source infrastructure companies. He focuses on developer tools and platform businesses.
Dan Pinto is associated with Fingerprint and invests in open-source developer tools and infrastructure companies. He focuses on security and identity platforms.
Olivier Pomel is the co-founder and CEO of Datadog, an observability platform. He invests in open-source monitoring and developer tools companies.
Ovais Tariq is associated with Tigris Data and invests in open-source database and infrastructure companies. He focuses on developer tools and data platforms.
David Aronchick is associated with Expanso and invests in open-source infrastructure companies. He focuses on distributed systems and developer tools.
Kyle Parrish is associated with Figma and invests in open-source design and developer tools companies. He focuses on developer experience and design systems.
James Hawkins is the co-founder of PostHog, an open-source product analytics platform. He actively invests in open-source developer tools and analytics companies.
Eric Wittman is associated with VSCO and invests in open-source creative tools and developer platforms. He focuses on developer tools and content platforms.
Brian Douglas is associated with Continue and invests in open-source developer tools and AI companies. He focuses on developer experience and productivity tools.
Matt Mullenweg is the co-founder of WordPress and CEO of Automattic. He actively invests in open-source content management and developer tools companies.
Sumedh Pathak is associated with Microsoft and invests in open-source developer tools and infrastructure companies. He focuses on enterprise software and platforms.
David Cramer is the co-founder and CEO of Sentry, an open-source error tracking platform. He actively invests in open-source developer tools and observability companies.
Sebastien Pahl is associated with GitLab, an open-source DevOps platform. He invests in open-source developer tools and infrastructure companies.
Joseph Jacks is the founder of OSS Capital, a venture capital fund focused exclusively on open-source companies. OSS Capital invests in COSS startups at various stages.
Konstantin Vinogradov is associated with Runa Capital, a venture capital fund that invests in open-source and developer tools companies. The fund focuses on B2B software and infrastructure.
James Lindenbaum is associated with Heavybit, a venture capital fund focused on developer tools and infrastructure. Heavybit invests in open-source companies building for developers.
Tom Drummond is associated with Heavybit, a venture capital fund that specializes in developer tools and open-source infrastructure companies.
Ed Sim is the founder of boldstart ventures, a venture capital fund that focuses on early-stage enterprise software and open-source companies. The fund has a strong track record with developer tools and infrastructure.
Scott Sage is associated with Crane Venture Partners, a venture capital fund that invests in open-source and developer tools companies. The fund focuses on B2B software and infrastructure.
Brent Hoberman is the co-founder of firstminute capital, a venture capital fund that invests in open-source and developer tools companies. The fund focuses on early-stage B2B software.
Zdenko Zvada is associated with Flying Founders, a venture capital fund that invests in open-source and developer tools companies. The fund focuses on early-stage startups.
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The open-source investment landscape in 2026 is vibrant and growing, with dozens of investors actively writing checks for COSS startups. From angel investors writing $5k-$50k checks to larger investors and VC funds writing $100k+ checks, founders building commercial open-source software have a diverse set of partners to choose from.
These investors bring not just capital but also deep expertise in open-source business models, community building, and developer-focused go-to-market strategies. Whether you're building developer tools, infrastructure, or platforms, there are investors who understand the unique challenges and opportunities of the COSS model.
As the open-source ecosystem continues to mature, the role of these investors will be pivotal in shaping the future of commercial open-source software. Their support helps founders navigate the complex journey from open-source project to sustainable business.
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