OpenVC® Announces OPEN Unicorn® Fund II is Now Available on iCapital Marketplace

Second vintage builds on momentum of inaugural fund, offering systematic exposure to 20 leading U.S. pre-IPO companies.

NEW YORK--(BUSINESS WIRE)--OpenVC®, a pioneer in private market indexing and index-based investment products, today announced that the OPEN Unicorn® Fund II (“Fund II”) is now live on iCapital Marketplace, expanding access to OpenVC's index-based approach to investing in late-stage, venture-backed private companies.

Fund II, which provides institutional grade index exposure to the top 20 U.S. pre-IPO companies, builds on the success of the inaugural OPEN Unicorn® Fund (“Fund I”). Fund I successfully closed following strong demand from family offices, high-net-worth individuals, and Registered Investment Advisors. The first fund was also offered through iCapital Marketplace, signifying growing investor interest in systematic exposure to private companies that are staying private for longer.

“Fund I validated the demand for a more disciplined and transparent approach to accessing leading private market companies,” said David Shapiro, Co-Founder and CEO of OpenVC®. “Fund II builds on that foundation, providing advisors with diversified exposure to 20 leading U.S. pre-IPO companies through a rules-based, index-driven strategy.”

Fund II reflects OpenVC's broader initiative to develop investable benchmarks that bridge public and private markets. With increasing investor demand for exposure to venture-backed innovation, OpenVC® aims to deliver scalable solutions that align with how modern companies grow and remain private for longer periods.

“Over the last decade, value creation has shifted increasingly toward private markets,” added Shapiro. “IPOs have become exit points, rather than entry points, for many of the largest companies shaping the economy. Our goal with OPEN Unicorn® Fund II is to create a product that provides investors with greater transparency into the broader U.S. equity market and access to these companies earlier in their journeys.”

For more information, visit https://openvc.com/.

About OpenVC®
OpenVC® is revolutionizing index investing in the late-stage venture capital space, offering improved access to the world's leading private Unicorn®s. Our mission is to democratize venture capital investment with low-cost, institutional-grade products. With a focus on reducing fees and leveraging the power of index investing, we are committed to making this asset class accessible to all investors. For more information, visit www.openvc.com.