# OpenInvest

> OpenInvest built customizable ESG portfolios for retail and institutional investors before JP Morgan acquired it in 2021.

## Why it is interesting

Values-based indexing with direct indexing and proxy voting — a16z led the 2017 seed before QED led Series A; JP Morgan bought it for wealth ESG tooling.

## Profile

- **Stage:** acquired
- **Status:** acquired
- **Industries:** generalist-tech
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Seed (2017): $3.25M led by a16z (HBS case)
- Series A (Jul 2018): $10.4M led by QED Investors (PRNewswire)
- Exit (2021): Acquired by JP Morgan
- Co-investors: no additional institutional investors disclosed in public sources reviewed 2026-07-24

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz

## Related articles

- https://venturecapitaltracker.com/2026-a16z-hot-portfolio-companies

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Source: https://venturecapitaltracker.com/startup/openinvest