If you're building in software—especially infrastructure or AI—you've probably asked yourself this.
At Serena, we analyzed 25 years of data on VC-backed Open Source startups to answer it.
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💰 COSS is VC-backable
~250 deals/year • $9B deployed • 90% infrastructure • 65% US-based -
🚀 COSS startups raise better
Faster rounds • Higher valuations • Better graduation rates than closed source equivalents -
🏁 COSS exits are stronger
7× higher IPO valuations • 14× higher M&A valuations
12% of companies have already reached liquidity -
⏳ No penalty on timing or strategic value
Liquidity timelines and acquirer interest match closed source peers
🚀 If you're building in Open Source, let's talk.
📄 Read the full report
📄 Read the Article