Fundraising Fox

Tools for Humanity

San Francisco, US · Founded 2019 · Delaware corporation · 1 known investors

toolsforhumanity.com

Tools for Humanity develops technology intended for people in the AI era, employing scientists, engineers, economists and creatives. It is a technology company operating out of the United States and Germany.

AI & Machine LearningDeep Tech

Founders & leadership

Tools for Humanity was founded in 2019 by Max Novendstern, Sam Altman, and Alex Blania.

MN
Max NovendsternPresident, and Chief Financial Officer
SA
Sam AltmanCo-founder & Chairman
AB
Alex BlaniaCo-founder & CEO
TS
Thomas ScottChief Legal Officer and Secretary

Investors · 1

Reported raises · per SEC filings

Form D private placements

$193.6M disclosed across 3 rounds · 2021–2023

$115.4MraisedJan 2024 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Thomas ScottExecutive Officer
  • Alexander BlaniaDirector
  • Samuel AltmanExecutive Officer, Director
Offering amount
$120M
Amount sold
$115.4M
Minimum investment
$1
Sales commissions
$1.9M
Placement agents
FTP Securities LLP
First sale
Apr 2023
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$72.3MraisedMar 2022 · 82 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Alexander BlaniaExecutive Officer, Director
  • Thomas ScottExecutive Officer
  • Sam AltmanExecutive Officer, Director
Offering amount
$197.1M
Amount sold
$72.3M
Minimum investment
$1
First sale
Mar 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$6MraisedFeb 2021 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Max NovendsternExecutive Officer, Director
  • Thomas ScottExecutive Officer
  • Sam AltmanDirector
  • Alex BlaniaDirector, Executive Officer
Offering amount
$12M
Amount sold
$6M
First sale
Feb 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

4 people who came through Tools for Humanity went on to found or lead other companies.

Competitors · 5

by search overlap

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

Frequently asked questions

What does Tools for Humanity do?
Tools for Humanity develops technology intended for people in the AI era, employing scientists, engineers, economists and creatives. It is a technology company operating out of the United States and Germany.
Who founded Tools for Humanity?
Tools for Humanity was founded by Max Novendstern, Sam Altman, Alex Blania in 2019.
Who are Tools for Humanity's investors?
Tools for Humanity's investors include Blockchain Capital.
How much funding has Tools for Humanity raised?
Tools for Humanity has disclosed $193.6M raised across 3 rounds.
Where is Tools for Humanity headquartered?
Tools for Humanity is headquartered in San Francisco, US.