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OPENAIR Equity Partners

North America, Missouri, United States, Kansas City

Description

OPENAIR Ventures, also known as OPENAIR Equity Partners, is a Kansas City, Missouri-based venture capital firm specializing in early-stage investments. The firm primarily targets Seed and Series A rounds for startups operating within the mobile/wireless and connected device sectors. Established with a clear focus on technological innovation, OPENAIR Ventures aims to identify and nurture companies poised for significant growth in these rapidly evolving industries. Their strategic location in the Midwest allows them to tap into a growing regional startup ecosystem, while also maintaining a national investment outlook.

The firm's investment thesis centers on providing crucial capital and strategic guidance to promising technology companies. OPENAIR Ventures typically deploys initial investments ranging from $250,000 to $1,000,000, positioning them as a key early-stage partner for founders. Beyond capital, they emphasize hands-on support, leveraging their team's expertise to assist portfolio companies with product development, market strategy, and scaling operations. This approach underscores their commitment to fostering long-term success for the ventures they back.

OPENAIR Ventures has successfully raised and deployed capital across two distinct funds. Their first fund, launched in 2014, secured $20 million in commitments and was instrumental in supporting 10 companies, demonstrating their early impact on the startup landscape. Building on this momentum, the firm announced the close of its second fund, OPENAIR Ventures II, in 2019, also with $20 million in capital commitments. This consistent fund size and strategic focus highlight OPENAIR Ventures' disciplined approach to venture capital, reinforcing their position as a dedicated investor in the mobile and connected device space.

Investor Profile

OPENAIR Equity Partners has backed more than 24 startups, with 0 new investments in the last 12 months alone. The firm has led 3 rounds, about 13% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series B, Series A rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom.
  • Strong thematic focus on Software, Mobile, Hardware.
  • Typical check size: $250K – $1M.

Stage Focus

  • Series Unknown (38%)
  • Series B (21%)
  • Series A (17%)
  • Series C (13%)
  • Seed (8%)
  • Series E (4%)

Country Focus

  • United States (96%)
  • United Kingdom (4%)

Industry Focus

  • Software
  • Mobile
  • Hardware
  • Information Technology
  • Automotive
  • Analytics
  • Car Sharing
  • Mobile Apps
  • Agriculture
  • Agtech
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does OPENAIR Equity Partners frequently co-invest with?

KCRise Fund
North America, Missouri, United States, Kansas City
Co-Investments: 2
CI
Europe, West Berkshire, United Kingdom, Pangbourne
Co-Investments: 3
Dundee Venture Capital
North America, Nebraska, United States, Omaha
Co-Investments: 2
Comporium
North America, South Carolina, United States, Rock Hill
Co-Investments: 5
SV
North America, California, United States, Glendale
Co-Investments: 2
NGP Capital
North America, California, United States, Palo Alto
Co-Investments: 2
Royal Street Ventures
North America, Utah, United States, Park City
Co-Investments: 2
Emergence
North America, California, United States, San Francisco
Co-Investments: 2
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 2
Leawood Venture Capital
North America, Kansas, United States, Leawood
Co-Investments: 2

Which angels does OPENAIR Equity Partners often collaborate with?

Dan Carroll
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1
John Rose
North America, Colorado, United States, Longmont
Shared Deals: 1
Dan Carroll
North America, Kansas, United States
Shared Deals: 1
AO
North America, Kansas, United States, Mission
Shared Deals: 2
BT
North America, California, United States
Shared Deals: 1
TL
North America, United States
Shared Deals: 2
MW
North America, Kansas, United States, Leawood
Shared Deals: 2
Lisa Shields
North America, Alberta, Canada, Vancouver
Shared Deals: 1

What are some of recent deals done by OPENAIR Equity Partners?

Main Street Data

Mission, Kansas, United States

Main Street Data is an ag-focused, data-driven product company that brings precise data science practices to agriculture.

AgricultureAgTechComputer VisionFood and BeverageSoftware
Series UnknownApr 28, 2019
Amount Raised: $1,945,812
Main Street Data

Mission, Kansas, United States

Main Street Data is an ag-focused, data-driven product company that brings precise data science practices to agriculture.

AgricultureAgTechComputer VisionFood and BeverageSoftware
SeedJul 11, 2018
Pepper

Overland Park, Kansas, United States

Pepper offers an operating system and service delivery platform to empower enterprises to deploy sophisticated IoT marketplace solutions.

Information TechnologyInternet of ThingsSmart HomeSoftware
Series BMar 29, 2017
Amount Raised: $8,500,000
Zubie

Bloomington, Minnesota, United States

Zubie is a connected-car platform that provides location tracking, driver scoring, alert, and location sharing services.

AutomotiveCar SharingHardwareMobile AppsSoftware
Series UnknownMay 25, 2016
Amount Raised: $6,000,000
Commerce Signals

Palo Alto, California, United States

Commerce Signal unlock merchant acquirer payment data for use in media measurement.

AnalyticsMobileRetailSoftware
Series AOct 26, 2015
Amount Raised: $4,000,000
C2FO

Leawood, Kansas, United States

The world’s on-demand working capital platform, providing fast & flexible access to low-cost capital to nearly 2 million businesses.

AccountingB2BEnterprise SoftwareFinancial ServicesFinTechPayments
Series EAug 11, 2015
Amount Raised: $40,000,000
FarmLink

Kansas City, Missouri, United States

FarmLink is an AgTech company that enables the next transformation in agriculture and land conservation.

AdviceAgricultureAgTechAnalyticsCommunitiesConsultingFarming
Series BAug 19, 2014
Amount Raised: $40,000,000
Zubie

Bloomington, Minnesota, United States

Zubie is a connected-car platform that provides location tracking, driver scoring, alert, and location sharing services.

AutomotiveCar SharingHardwareMobile AppsSoftware
Series BAug 11, 2014
Amount Raised: $8,000,000
AgLocal

Mission, Kansas, United States

AgLocal is an e-commerce platform for buying and selling meats of animals that are free of antibiotics or added hormones.

E-CommerceFood DeliveryInternetMarketplaceMobile
Series UnknownApr 24, 2014
Amount Raised: $1,300,000
Pepper

Overland Park, Kansas, United States

Pepper offers an operating system and service delivery platform to empower enterprises to deploy sophisticated IoT marketplace solutions.

Information TechnologyInternet of ThingsSmart HomeSoftware
Series AFeb 1, 2014
Amount Raised: $3,000,000