Fund profile

OpenAI Startup Fund

San Francisco, United States

Leading

About

The OpenAI Startup Fund is a $175 million venture capital fund focused on investing in early-stage startups that are using artificial intelligence to create transformative change across a range of industries. These industries include healthcare, law, education, energy, and infrastructure. The fund seeks to partner with companies that are pushing the boundaries of AI technology, aiming to have a profound and positive impact on the world. Managed by a team with deep expertise in machine learning, engineering, talent acquisition, and operations, the fund leverages its connections with major investors like Microsoft. Although OpenAI itself is not an investor in the fund, the initiative is deeply tied to OpenAI’s mission of ensuring that artificial intelligence benefits all of humanity. The fund is particularly focused on empowering founders from underrepresented groups, emphasizing the importance of diversity in the tech industry. The OpenAI Startup Fund is not just a source of capital but also provides strategic support to its portfolio companies, helping them navigate the challenges of scaling AI-driven solutions. Startups that align with the fund’s mission of using AI to increase human productivity and address significant global challenges are encouraged to reach out. The fund represents a strategic effort to accelerate the deployment of ethical, impactful AI technologies that can reshape industries and improve lives.

Details

Highlights

$16.5M

Historical average check

$80M

Historical max check

December 2024

Last investment date

21

Investments

AI & Deep Tech

Education

Software & Apps

Transportation & Mobility

Hardware. Robotics & IoT

Healthtech & Wellness

Fintech & Financial services

Consumer Goods & Electronics

Other

Funds that also invest in AI & Deep Tech