Fundraising Fox

OpenCode

YC W21

Toronto, CA Β· Founded 2010 Β· 24 employees Β· 1 known investors

OpenCode is an open-source AI coding agent that assists developers with writing code across terminal, IDE, and desktop environments. It supports multiple LLM providers and prioritizes user privacy by not storing code or context data.

Also known as Anomaly Innovations Β· Serverless Stack Β· SST

Founders & leadershipΒ· Y Combinator alumni (W21)

OpenCode was founded in 2010 by Jay V and Frank Wang.

JVJay V
Jay Vin𝕏Founder
FWFrank Wang
Frank Wangin𝕏FounderFrank Wang founded SST and is now building OpenCode.

Investors Β· 1

Funding

SEC filings, press & company announcements

$420M disclosed across 1 round Β· 2026

Source: company announcements and press reports β€” follow each round's link for the claim.

Competitors Β· 8

by search overlap
OpenAI1139 shared keywordsOpenAI is an AI research and deployment company focused on developing artificial general intelligence (AGI) with emphasis on safety and beneficial outcomes for humanity.
Anthropic395 shared keywordsAnthropic is an AI safety research company that builds reliable, interpretable, and steerable AI systems. The company conducts frontier AI research, applies safety techniques, and deploys systems through products and partnerships.
OpenRouter389 shared keywordsOpenRouter operates an AI gateway that allows developers to access and compare hundreds of language models from multiple providers in a single platform. The service eliminates vendor lock-in while offering improved pricing, uptime, and reliability for companies and developers.
Hugging Face365 shared keywordsHugging Face is a collaboration platform that hosts and provides access to machine learning models, datasets, and applications. It offers both open-source tools for the ML community and paid compute and enterprise solutions for teams building AI applications.
Netezza358 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Zed338 shared keywordsZed is a code editor written from scratch in Rust that uses multiple CPU cores and the GPU for high performance, with support for running AI agents in parallel to edit code and run tools. It also includes real-time collaboration features such as team chat, shared editing, and screen sharing, aimed at software developers and engineering teams.
Cursor329 shared keywordsCursor is a code editor that enables teams to manage and distribute Model Context Protocol (MCP) servers and integrations through team marketplaces, with features for organization-level access control and cloud agent integration.
DataCamp313 shared keywordsDataCamp is a learning platform for teams that teaches data and AI skills through hands-on coursework accessible via web browser and mobile app. It serves enterprise customers and development teams seeking to build technical capabilities.

Companies competing with OpenCode for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does OpenCode do?
OpenCode is an open-source AI coding agent that assists developers with writing code across terminal, IDE, and desktop environments. It supports multiple LLM providers and prioritizes user privacy by not storing code or context data.
Who founded OpenCode?
OpenCode was founded by Jay V, Frank Wang in 2010.
Who are OpenCode's investors?
OpenCode's investors include Y Combinator.
How much funding has OpenCode raised?
OpenCode has disclosed $420M raised across 1 round.
Where is OpenCode headquartered?
OpenCode is headquartered in Toronto, CA.