OpenAI Startup Fund
San Francisco, Californiaopenai.fund
Overview
The OpenAI Startup Fund invests in early-stage startups that work on AI. It also hosts an accelerator program for AI startups called Converge. The OpenAI Startup Fund is a corporate venture fund of the company OpenAI, an AI research company. The fund is managed by a dedicated team with expertise in investing, ML, engineering, talent and operations. The firm closed $175 million to help AI companies have a profound, positive impact on the world. Unlike traditional VCs, OpenAI prioritises startups that align with its mission of beneficial AI.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Adaptive Security | Dec 2025 | Series B | Co-investor |
| Worktrace AI | Dec 2025 | Seed | Co-investor |
| Kick | Nov 2025 | Early Funding | Co-investor |
| Valthos | Oct 2025 | Seed | Lead |
| Harvey | Oct 2025 | Series E Extension | Co-investor |
Key People
Brad Lightcap
Managing Director
Ian Hathaway
Partner
Sam Altman
Angel Investor
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
