diff --git a/ports/openvr/portfile.cmake b/ports/openvr/portfile.cmake
index 1aef03e9cb..4a447d76d3 100644
--- a/ports/openvr/portfile.cmake
+++ b/ports/openvr/portfile.cmake
@@ -3,8 +3,8 @@ vcpkg_check_linkage(ONLY_DYNAMIC_LIBRARY)
 vcpkg_from_github(
     OUT_SOURCE_PATH SOURCE_PATH
     REPO ValveSoftware/openvr
-    REF 4c85abcb7f7f1f02adaf3812018c99fc593bc341 # v1.16.8
-    SHA512 366e553e6c9caa2bf884caf41b29a7ae6bdad165aeb56ea469625dc963bd91fd8423e753d07a28f8b6a69eed3939ba5a5e4fb0f84b52074bf6279b510e66f793
+    REF v1.23.7
+    SHA512 c5942483ffca5cb9f80b52e49833756a5730efb75498ae0374e7f1c1344d52ea7b6b2d26584d415f777dda219fd418b0a20abb2132a0a0fe0ea30b60608f8cb7
     HEAD_REF master
 )
 
diff --git a/ports/openvr/vcpkg.json b/ports/openvr/vcpkg.json
index 3662ad5a01..d1171d7e83 100644
--- a/ports/openvr/vcpkg.json
+++ b/ports/openvr/vcpkg.json
@@ -1,8 +1,8 @@
 {
   "name": "openvr",
-  "version": "1.16.8",
-  "port-version": 2,
-  "description": "an API and runtime that allows access to VR hardware from multiple vendors without requiring that applications have specific knowledge of the hardware they are targeting.",
+  "version": "1.23.7",
+  "description": "An API and runtime that allows access to VR hardware from multiple vendors without requiring that applications have specific knowledge of the hardware they are targeting.",
   "homepage": "https://github.com/ValveSoftware/openvr",
+  "license": "BSD-3-Clause",
   "supports": "!(arm | uwp | osx | android)"
 }
diff --git a/versions/baseline.json b/versions/baseline.json
index 1f0d4d5264..4ca83ce154 100644
--- a/versions/baseline.json
+++ b/versions/baseline.json
@@ -5693,8 +5693,8 @@
       "port-version": 1
     },
     "openvr": {
-      "baseline": "1.16.8",
-      "port-version": 2
+      "baseline": "1.23.7",
+      "port-version": 0
     },
     "openxr-loader": {
       "baseline": "1.0.22",
diff --git a/versions/o-/openvr.json b/versions/o-/openvr.json
index f93111b2a3..7913395b88 100644
--- a/versions/o-/openvr.json
+++ b/versions/o-/openvr.json
@@ -1,5 +1,10 @@
 {
   "versions": [
+    {
+      "git-tree": "97dd61e39d83bb4dfb8456227f147c9137aafc65",
+      "version": "1.23.7",
+      "port-version": 0
+    },
     {
       "git-tree": "29e327e41442a81d5bc3040244132649f032edb6",
       "version": "1.16.8",