OpenOffering Talk to our team

OpenOffering lowers the cost of the capital that builds America.

Most of the schools, roads, water systems, and hospitals Americans rely on are financed with municipal bonds. Every dollar lost to issuance costs and excess interest is a dollar that never reaches a classroom or a water main. By connecting issuers directly with investors in one open, transparent auction, we help communities borrow for less, so the same budget builds more. As the country rebuilds aging infrastructure and prepares for what comes next, how efficiently we raise that capital will shape what gets built for generations.

Why we built OpenOffering

Municipal issuance remains fragmented and intermediated. We saw an opportunity to create a technology-enabled pathway connecting issuers and investors directly.

Our goal: make municipal capital markets more accessible, competitive, and efficient. Let’s build it together.

Team

Duncan Cock Foster
Duncan Cock Foster
Co-Founder & CEO

Duncan and Griffin Cock Foster previously co-founded Nifty Gateway, acquired by Gemini and valued at $1 billion (Forbes, 2021).

Griffin Cock Foster
Griffin Cock Foster
Co-Founder & Board Chair

Duncan and Griffin Cock Foster previously co-founded Nifty Gateway, acquired by Gemini and valued at $1 billion (Forbes, 2021).

Joseph Schiarizzi
Joseph Schiarizzi
Co-Founder & CTO

Repeat founder with multiple exits, engineer, former US Congressional candidate.

Eric Isban
Eric Isban
Co-Founder & Head of Capital Markets

More than 25 years in municipal finance, formerly Managing Director and Head of Municipal Finance at SMBC.

Company advisors

Lynnette Kelly
Lynnette Kelly
Consultant · former CEO of the MSRB

Spent 12 years running the MSRB, where she pioneered EMMA, which brought unparalleled transparency and fairness to the muni market.

John Bonow
John Bonow
Former CEO of PFM

30+ year municipal securities professional, 10 years leading the nation’s #1 municipal advisor firm.

Nikhil Patel
Nikhil Patel
Former Treasurer & Deputy CFO, City of Detroit

Former Treasurer of Detroit. Oversaw billions in bonds and investments and led the city’s return to the capital markets.

Eric Mason
Eric Mason
Former CFO of Quincy, Massachusetts

He was responsible for the world’s first municipal bond issued directly on the blockchain.

OpenOffering connects issuers with investors.

Learn more and see what we’re building.