OpenAI’s startup empire: The companies backed by its venture fund

Since its foundation in 2021, the starting fund of OpenAi has grown up $ 175 million for his main fund And provided an extra $ 114 million by five separate vehicles with special purposes, which are investment pools for specific opportunities.

Unlike many substantial technology companies, OpenAI says it Does not use the company’s money to invest In startups. The chatgpt -maker says that his OpenAI Startup Fund has been collected from external investors. This includes the participation of significant OpenAi -Backer Microsoft, as well as “other OpenAI Partners”, according to the website of the fund.

The OpenAI Startup Fund, which is managed by a dedicated team, has so far invested in more than a dozen startups, according to Datal Providers PitchBook and Crunchbase and WAN’s research.

The following companies, organized alphabetically, have themselves announced investments from the fund.

1x: This Norwegian Humanoid Robot Startup collected $ 23.5 million in a deal led by the OpenAI Startup Fund and Tiger Global in early 2023. However, the OpenAI fund was not mentioned as a participant in the company when it announced his $ 100 million series B in January.

Healthcare atmosphere: This AI-driven medical notes startup announced a series B of $ 70 million in February 2024, partly led by OpenAI’s Fund and Kleiner Perkins. Atmosphere is a number of startups, including Abridge, Nbla, Suki and Nuance of Microsoft who are owned, who build AI medical scribes.

Anysphere (aka cursor): In October 2023, the OpenAI fund led the $ 8 million seed round to Anysphere, the maker of AI-driven coding assistant-cursor. OpenAi is not mentioned as an investor in the subsequent rounds of the company.

Chai Discovery: This startup, which develops an open source AI -Fundamental Model for Drug Discovering, has a $ 30 million in seed Round led by Thrive Capital and OpenAi’s Fund last September. The deal appreciated the 6-month old Chai Discovery to $ 150 million.

Class Companion: This edtech startup has one $ 4 million seed round In 2023 of the Fund of OpenAi and a large number of angels. It helps teachers to give fast, personalized feedback to their students.

To describe: The collaborative audio and video editing platform collected $ 50 million in a series C-round led by the OpenAI fund shortly after Chatgpt was introduced into the world at the end of 2022. Other investors in De Ronde were Andreessen Horowitz, Redpoint Ventures, Spark Capital and ex-Y Combinator partner Daniel Gross. Description has not reported any other capital increases since the Serie C.

Figure AI: AI Robotics Startup figure picked up a series B of $ 675 million in February 2024 from Nvidia, OpenAi’s Fund, Microsoft and others. De Ronde appreciated the company at $ 2.6 billion. Figure AI is now reportedly in conversations to pick up $ 1.5 billion with a rating of $ 39.5 billion.

Ghost Autonomy: This maker of Autonomous Rijs software collected a series E of $ 55 million in April 2023 and the OpenAI fund invested that $ 5 million of them, according to PitchBook data. But the investment was not successful. A year later the company was closed.

Harvey AI: This legal technical startup has one Serie A of $ 21 million In April 2023 of the Fund of OpenAi and others. The fund also participated in three consecutive rounds, including last month’s $ 300 million Series, which appreciated Harvey on $ 3 billion.

Heeyo: Educational AI chatbot for children Heeyo has announced that it collected $ 3.5 million from the OpenAI, Alexa Fund, Pear VC and other investors in August.

Staircase: This company develops AI agents whose accounting processes can “self-drive”. It has one $ 9 million seed Round co-conducted by General Catalyst and OpenAi’s Fund in October.

Mem: This AI-drive Note Startup achieved a series A-round of $ 23.5 million in November 2022, led by the OpenAI fund. Mem has not reported no subsequent rounds.

Milo: This startup develops an AI-driven personal assistant who helps parents to organize and keep the activities of their children. Milo has one unknown amount of pre-seed and seed financing From the Fund of OpenAi, YC and others.

Physical intelligence: Fundamental software for robots startup physical intelligence has one $ 70 million seed Round last March. The OpenAi fund was part of it and also participated in that of the company Serie A of $ 400 million The company appreciated that at more than $ 2 billion. Other investors in the final round were Lux Capital, Sequoia and Jeff Bezos.

Speak: This AI-driven language learning app developer has a $ 27 million Series B Around in November 2022, led by the Fund of OpenAi. In December the fund participated in Speak’s $ 78 million Series C, which appreciated the company at $ 1 billion.

Ai thrive: Huffington Post -founder Arianna Huffington and OpenAI Startup Fund last July announced that they collaborated on investing and building this startup “AI Health Coach”. Thrift ai -targeted Pick up $ 10 millionaccording to a legal submission.

Unite: This startup of sales technology caused around $ 19 million in seed and series A Capital of the OpenAI Startup Fund, Thrive Capital and Emergence.