Nancy Torres Joins Open Opportunity Fund As Senior Vice President Of Value Creation

Press Releases

Apr 16, 2025

Torres brings Investment and Tech Expertise from Goldman Sachs, Ulu Ventures, Uber, and Google to Drive Operational Scale and Strategic Growth across portfolio companies

ATLANTA, April 16, 2025 /PRNewswire/ — Open Opportunity Fund, a venture capital firm investing in B2B software companies, announced today that Nancy Torres has joined the firm as Senior Vice President of Value Creation. In this newly created role, Torres will lead value creation initiativesacross the firm’s portfolio, supporting founders with operational strategy, growth acceleration, and organizational scale.

Torres brings over a decade of experience spanning business operations and finance with high-growth technology companies. She most recently served as Venture Partner at Visible Handsand Partner at Ulu Ventures. Previously, she held roles at Goldman Sachs in Technology Investment Banking, Uber in Business Development, and Google as a Data and Research Analyst. Across her career, Torres has helped software and internet startups scale, advisingfounders from seed-stage to IPO and driving multi-million-dollar partnerships and transactions.

“Nancy’s unique combination of operational depth and investment expertise makes her a powerful addition to our team,” said Sháka Rasheed, General Partner of Open Opportunity Fund. “Her experience scaling high-growth companies will be a tremendous asset to our portfolio as we continue to support teams navigating key inflection points.”

“I’m thrilled to join Open Opportunity Fund and partner with companies solving complex problems with innovative, disruptive technologies,” said Nancy Torres. “I look forward to supporting our founders during their critical growth phases, helping them transform promising innovations into industry-defining, sustainable businesses that create lasting value.”

Torres holds an MBA from Harvard Business School, where she was recognized as a Toigo Fellow and MLT Fellow. She also earned a Master’s in Public Policy from Harvard Kennedy School, as a Center for Public Leadership Fellow. Her undergraduate degree in Business Administration is from the University of North Carolina at Chapel Hill. She is a Kauffman Fellow and the co-founder of the Latinx MBA Association, a 501(c)(3) nonprofit supporting over 2,000 Latino business leaders across the country.

At Open Opportunity Fund, value creation goes beyond providing capital. The firm partners closely with founders to help them solve key operational challenges, hire and retain top talent, refine go-to-market strategies, and prepare for future fundraising and scale. By offering hands-on support at critical inflection points, the value creation team plays a key role in helpingportfolio companies build enduring, high-growth businesses.

“Nancy brings operational strength and investment expertise that will elevate our portfolio and platform,” said Paul Judge, Managing Partner of Open Opportunity Fund. “We’re excited to have her on board as we continue backing bold founders building the future of tech.”

“At Open Opportunity Fund, we’re focused on building a firm that delivers meaningful support beyond capital,” added Marcelo Claure, Vice Chairman and General Partner of Open Opportunity Fund. “Strengthening our value creation platform is a key part of that vision, and Nancy’s leadership helps take it to the next level.”

For more information about Open Opportunity Fund, visit www.theopportunityfund.com .

For media and interview requests, please contact media@theopportunityfund.com

About Open Opportunity Fund

Open Opportunity Fund is a technology investment firm focused on investing in software companies. Open Opportunity Fund’s portfolio spans enterprise IT, artificial intelligence, fintech, and digital health sectors. Opportunity Fund 1 is a $100 million fund. The firm has invested in 75 tech companies, including Atomic, Brex, Cityblock Health, Eight Sleep, Esusu, Lumu, Paystand, QuickNode, and Subject. The fund has achieved seven portfolio company exits. In 2023, theteam led by Paul Judge and Marcelo Claure acquired the Fund from SoftBank and announced Fund 2 with a $200 million target to continue to execute the thesis.