OPENAI STARTUP FUND MANAGEMENT, LLC
OPENAI STARTUP FUND MANAGEMENT, LLC is a Pre-seed, Seed and Series A fund in the US writing $1M–$5M checks into Climate, Developer Tools, Healthcare, law, education and sciences.
- Stages
- Pre-seed, Seed, Series A
- Sectors
- Climate, Developer Tools, Healthcare, law, education, sciences
- Check size
- $1M–$5M
- Invests in
- US-wide
- Round role
- Leads rounds
- Founded
- 2021
- Assets under management
- $175M
- Website
- openai.fund
Thesis
OPENAI STARTUP FUND MANAGEMENT, LLC, established in 2021 and based in San Francisco, operates as a corporate venture capital firm associated with OpenAI but functions independently. The fund focuses on early-stage AI companies with the potential for significant positive global impact, backing exceptional engineers, designers, researchers, and product builders. It invests in companies pushing the boundaries of applied AI across healthcare, law, education, energy, infrastructure, and sciences, primarily in the United States. The fund leads investments, providing capital, operational support, talent expertise, and follow-on investing. The OpenAI Startup Fund has a $175 million main fund and had raised an additional $114.2 million across SPVs as of December 2024. Typical check sizes range from $1 million to $5 million.
Common questions
Does OPENAI STARTUP FUND MANAGEMENT, LLC invest at the Pre-seed stage?
Yes. OPENAI STARTUP FUND MANAGEMENT, LLC lists Pre-seed, Seed and Series A among the stages it invests in.
What check size does OPENAI STARTUP FUND MANAGEMENT, LLC write?
OPENAI STARTUP FUND MANAGEMENT, LLC writes $1M–$5M checks.
Where does OPENAI STARTUP FUND MANAGEMENT, LLC invest?
OPENAI STARTUP FUND MANAGEMENT, LLC invests in the US.