Fundraising Fox

OpenAI Startup Fund

Corporate VCActively deploying

San Francisco · Seed–Series A · 2 people tracked

Also known as Open AI Startup Fund · OPENAI STARTUP FUND MANAGEMENT, LLC

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Investment thesis

As OpenAI's venture arm, they run Converge, a highly selective five-week program for exceptional engineers, designers, researchers, and product builders using AI to reimagine products and industries.

Source: firm website, verified Aug 25, 2026.

Stage
Seed–Series A
Check
$1M
HQ
San Francisco, California, US
Leads rounds
Leads
Instruments
Equity
Founded
2022
Last 12 months
4 investments
AUM
$175M
VC funds
7
Tracked investments
12

Team · 2 people

from public directories

What they invest in

from 11 of 12 portfolio companies

AI & Machine Learning ×9Enterprise Software ×5SaaS ×4Biotech ×2Fintech ×2Circular Economy ×1Consumer ×1Creator Economy ×1

HQs:United States×6United Kingdom×1

Investments · 12 tracked

founders shown can be your intro path

By year:2025 · 62023 · 12022 · 18 dated

Harveyharvey.aiin𝕏✓ verified

Harvey provides domain-specific AI products for legal and professional services firms, enabling contract analysis, due diligence, compliance, and litigation tasks.

AI & Machine LearningEnterprise SoftwareLegalTech

Winston Weinberg(Co-founder & CEO)inGabe Pereyra(Founder)inGabriel Pereyra(Co-founder & President)in

Co-investorsAndreessen HorowitzKleiner PerkinsArtisanal VenturesCaesar VenturesCoatue ManagementConviction+15 more

1X Technologies1x.techin𝕏Sep 2025 · $1B

1X is an AI and robotics company developing general-purpose humanoid robots for home and industrial use.

AI & Machine LearningConsumerHardwareRoboticsPalo Alto, US

Bernt Øyvind Børnich(CEO)Bernt Børnich(Founder)in

Co-investorsAlliance VCAlliance VentureEQT VenturesSamsung NextSandwaterSkagerak Capital+8 more

Adaptive Securityadaptivesecurity.comin𝕏Dec 2025 · $81M

Adaptive Security provides security awareness training, phishing attack simulation, and email security solutions designed to defend against AI-powered attacks, deepfakes, and social engineering threats.

CybersecurityEnterprise SoftwareNew York, US

Brian Long(Founder & CEO)inAndrew Jones(Founder)in

Co-investorsAbstract VenturesAndreessen HorowitzEniac VenturesK5 GlobalScribble VenturesBain Capital Ventures+4 more

Biodefensebiodefense.coOct 2025 · $30M

Develops edible, natural coatings and feed additives to extend the shelf life of perishable foods such as fish, seafood, meat, fruits and vegetables, and to improve poultry and aquaculture farm productivity.

BiotechCircular EconomyFoodTechNew Materials

Co-investorsADB VenturesFounders FundLux Capital

Class Companionclasscompanion.comin𝕏Oct 2023 · $4M

Class Companion is an AI-powered teaching platform that generates assignments, gives students instant feedback and scores, and provides an AI tutor for real-time, differentiated coaching.

AI & Machine LearningEdTechSaaS

Avery Pan(Founder)in

Co-investorsBrainstorm VenturesIndex Ventures

Descriptdescript.comin𝕏Nov 2022 · $50M

Descript is a video creation and editing platform that enables marketing and product teams to produce and update video content quickly using text-based editing.

AI & Machine LearningCreator EconomyMarketing TechMedia & EntertainmentSaaSSan Francisco, US

Andrew Mason(Executive Officer, Director)in

BoardAlex Rampell(Director)inNabeel Hyatt(Director)inKundan Kumar(Director)

Co-investorsAndreessen HorowitzAtelierHubSpot VenturesRedpoint VenturesTodd and Rahul’s Angel FundSpark Capital

Endexendex.aiin𝕏Aug 2025 · $14M

Endex builds custom AI models integrated into Excel for financial workflows, offering cell-reference tracing, repeatable templates, data extraction from financial documents, and cited outputs from internal and external sources.

AI & Machine LearningEnterprise SoftwareFintech

Co-investorsDorm Room

Kickkick.coin𝕏Nov 2025 · $20M

Kick is an AI-powered platform that automates bookkeeping and accounting tasks for small business owners.

AI & Machine LearningFintechSaaS

Conrad Wadowskiin

Co-investorsFelicis VenturesLigature VCGeneral CatalystGV (Google Ventures)Venture Kick

Speakeasy Labs

San Francisco, US

Andrew Hsu(Director, Promoter)Connor Zwick(Executive Officer, Director, Promoter)Colton Gyulay(Executive Officer)Alex Berkenkamp(Executive Officer)

Co-investorsKhosla Ventures

Unifyunify.aiin𝕏

Unify provides AI agents that handle routine business tasks across communications, sales, operations, and engineering by executing pre-built workflows or custom automation.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaSLondon, GB

Daniel Lenton(Founder)in

Co-investorsA.Capital VenturesAbstraction CapitalBattery VenturesJ12 VenturesLeonis CapitalLunar Ventures+9 more

Valthosvalthos.comin𝕏Aug 2025 · $30M

Valthos develops AI systems to identify biological threats and design medical countermeasures in real time for biodefense applications.

AI & Machine LearningBiotechDefense TechNew York, US

Kathleen McMahon(Executive Officer, Director)

BoardTess Van Stekelenburg(Director)in

Co-investorsLux CapitalFounders Fund

Worktrace Aiworktrace.aiin

Worktrace enables teams to build and deploy AI agents with zero setup required.

AI & Machine LearningEnterprise SoftwareSan Francisco, US

Deepak Vasisht(Founder)inAngela Jiang(Founder)in

Co-investors8VCIllinois VenturesZero Shot

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does OpenAI Startup Fund invest at?
OpenAI Startup Fund invests at the Seed, Series A stages.
What is OpenAI Startup Fund's typical check size?
OpenAI Startup Fund typically writes checks of $1M.
What sectors does OpenAI Startup Fund focus on?
OpenAI Startup Fund focuses on AI & Machine Learning, EdTech, Energy, Healthtech, LegalTech, Media & Entertainment, SaaS.
Where is OpenAI Startup Fund located?
OpenAI Startup Fund is headquartered in San Francisco, US.
Does OpenAI Startup Fund lead rounds?
Yes, OpenAI Startup Fund leads investment rounds.

Images

OpenAI Startup Fund photo

Co-investors · 12

Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

$500K – $50M
GV (Google Ventures)

GV (Google Ventures) is a venture capital firm that has invested in artificial intelligence and machine learning since its early days, building a global portfolio of more than 100 AI companies across infrastructure, life sciences, and applications.

Both backed · 2
$250K – $50M
Khosla Ventures

Khosla Ventures is a venture capital firm founded by Vinod Khosla.

Both backed · 2
$5K – $50M
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies.

Both backed · 1
$4.4M – $214M
Bain Capital Ventures

BCV Labs is the platform and hands-on support arm of Bain Capital Ventures, providing portfolio founders with go-to-market strategy, brand development, hiring assistance, and customer introductions.

Both backed · 1
$1M – $100M
Kleiner Perkins

Kleiner Perkins is a venture capital firm that backs founders across technology and life sciences, from early stage through growth.

Both backed · 1
$500K – $15M
Accel

Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.

$1.6M – $70M
DST Global

DST Global is a global internet-focused investment firm that backs fast-growing, high-value internet companies. It does not solicit or accept retail investors.

$100K – $200M
Oak HC/FT

Oak HC/FT is a growth equity firm that partners with founders building companies in healthcare and financial services, leveraging sector expertise and networks.

Buckley Ventures Management Company Llc

Buckley Ventures is a venture capital firm that makes concentrated early-stage investments in internet, software, and frontier technology companies.

$300K

Firms observed investing alongside OpenAI Startup Fund, from public investor directories. Shared companies are the overlap with OpenAI Startup Fund's recorded portfolio.

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