Nancy Torres Joins Atlanta-based Open Opportunity Fund to Back B2B, AI, and Fintech Startups Across the U.S.

After working at tech and investment giants like Google, Uber, and Goldman Sachs, Silicon Valley operator and early-stage investor Nancy Torres is joining Atlanta’s Open Opportunity Fund as its senior vice president.

Open Opportunity Fund is one of the more recent capital providers to come onto the Atlanta scene. Back in late 2023, global investment giant Softbank sold its Open Opportunity Fund to Atlanta entrepreneur-turned-investor Paul Judge and New York-based Marcelo Claure. At the time, it also announced it was targeting $200 million for its Fund 2.

Open Opportunity Fund, which is now headquartered in Atlanta, invests in “overlooked entrepreneurs” working on B2B SaaS, enterprise IT, AI, fintech, and HealthTech startups. Its current portfolio includes Cloverly (CleanTech startup based in Atlanta) and Resilia (B2B platform for the non-profit space based in New Orleans).

Get To Know Nancy Torres

Torres joins Open Opportunity Fund from Visible Hands, a pre-seed venture capital firm where she most recently served as a venture partner. Originally from the DC area, Torres  moved to Silicon Valley 13 years ago to work in the tech sector. After attending Harvard Business School, she jumped into the tech investing space.

Torres is a Kauffman Fellow and is the co-founder of the Latinx MBA Association, a nonprofit supporting over 2,000 Latino business leaders across the country.

Torres told Hypepotamus that “given that [the fund] is focused on investing from early-stage to growth stage, I'm excited about the opportunity to partner with founders closely so that I can bring both my operating and investment experience to bear.”

While Torres will remain located in her homebase in the Bay Area for now, she said she will be on the road quite a bit visiting their portfolio companies, which are based across the country. A core of the investment team is also based in Atlanta, meaning she will spend more time in the city as well.

Outside of the “bright” spot of AI investing, the venture capital landscape has continued to be in a state of flux over the course of 2025. While later-stage companies and AI startup darlings were able to raise the bulk of recent venture capital rounds, there is still a lot of pessimism out there about the state of VC in 2025. But for Torres, there are some unique opportunities for investors right now to leverage AI to improve how entrepreneurs and investors alike do their work.

“It’s just so much easier to build a company with fewer people and start from anywhere,” she told Hypepotamus. “AI also presents the opportunity to innovate on business models. I am seeing not just technical innovation, but also business innovation in terms of pricing and how teams are going to market with their products. I think it's a unique opportunity for investors to be able to add value to their portfolio companies.”

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Photo provided by Open Opportunity Fund