Openai Startup Fund Management, LLC
SEC exempt reporting adviser (venture capital exemption).
- Website
- http://openai.fund
- HQ
- CA
OpenAI Startup Fund Management, LLC backs early-stage startups in fields where artificial intelligence can have a transformative effect, aiming for a profound, positive impact on the world. Its portfolio includes Descript, a video editor that uses AI to make editing as simple as working with a text document.
01 · Says / Does
| Tag | Says | Does |
|---|---|---|
| Stages | Not stated | Not enough dated deals |
| Sectors | Healthtech, Energy, Edtech, Legaltech | Not enough dated deals |
| Regions | Not stated | Not enough dated deals |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| OpenAI Startup Fund II, L.P. The firm invests in early-stage startups building AI companies that can have a profound, positive impact on the world, including fields like healthcare, law, education, energy and infrastructure, and the sciences, where AI tools make people more productive. Inferred from the firm's website | 2026 | $400M (Form D) | Open, writing first checks |
| OpenAI Startup Fund I, L.P. The firm invests in early-stage startups building AI companies that can have a profound, positive impact on the world, including fields like healthcare, law, education, energy and infrastructure, and the sciences, where AI tools make people more productive. Inferred from the firm's website | 2021 | $175.25M to $325.45M (Form D and SEC adviser filing) | Late investment period |
03 · People across funds
- Ian Hathaway, Managing Member of the General Partner
OpenAI Startup Fund II, L.P. (Named on Form D)
- SAM ALTMAN, Manager of the General Partner
OpenAI Startup Fund I, L.P. (Named on Form D)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
- InvestmentIntroducing our first investmentsUndated
06 · Sources
- http://openai.fund
- https://openai.fund/
- https://openai.fund/about
- https://openai.fund/news/introducing-our-first-investments
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026