vcspine

OpenAI Startup

OpenAI Startup last closed a fund in August 2026 — 3 months ago.

Next fund
No rhythm to call

2 funds on record — a rhythm needs three. No month is guessed; the filing will say.

Deploying  This firm closed a fund in the last 18 months, so it has money to put to work now.

Funds on file
2
Single-deal SPVs
6
Capital raised
$575M
Latest close
August 2026
Based in
CA

Vehicles on file

VehicleFirst closeAmount Filings
OpenAI Startup Fund II, L.P.August 2026$400M0002133720 ↗
OpenAI Startup Fund I, L.P.October 2021$175M0001877240 ↗
OpenAI Startup Fund SPV VI, L.P. (single-deal SPV)August 2025$70M offered0002079027 ↗
OpenAI Startup Fund SPV V, L.P. (single-deal SPV)December 2024$44M0002044928 ↗
OpenAI Startup Fund SPV IV, L.P. (single-deal SPV)July 2024$45M0002023254 ↗
OpenAI Startup Fund SPV III, L.P. (single-deal SPV)May 2024$5M0002018916 ↗
OpenAI Startup Fund SPV II, L.P. (single-deal SPV)April 2024$25M0002018704 ↗
OpenAI Startup Fund SPV I, L.P. (single-deal SPV)January 2024$10M0002003722 ↗

Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.

Named on filings

Ian Hathaway, Sam Altman, Bobby Wu

What OpenAI Startup invests in

Typical fund
$400M median, multistage
Median of this firm’s filed fund sizes on Form D.
Website
openai.fund
As filed by the adviser on Form ADV, March 2026.

Service providers

Fund administrator
Aduro (7 funds)
Auditor
Deloitte (1 fund)

From Form ADV filed by OPENAI STARTUP FUND MANAGEMENT, LLC CRD 318221 ↗, latest filing March 2026, covering 7 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.

What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.

What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.

“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.