Funding round
OpenAI Growth
Reported as "Growth Equity"
OpenAI, which works in AI model design and development in San Francisco, raised $1.00B in a Growth round announced on 22 Jul 2019, led by Microsoft. 1 firm took part. It is OpenAI's first venture round on record.
$1.00B
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
OpenAI did not disclose a valuation in this round. It is OpenAI's first venture round on record, 4 years after it was founded in 2015. It is 1.5% of the $66.20B OpenAI has raised in the venture rounds on record. OpenAI raised again 42 months later: a Growth round of $10.00B in Jan 2023, at $29.00B post-money.
OpenAI's funding rounds
OpenAI has 6 venture rounds on record and 2 other deals. This one is highlighted.
- Growth this round 22 Jul 2019, led by Microsoft $1.00B
- Growth 1 Jan 2023, led by Microsoft $10.00B$29.00B post-money
- Growth 30 Apr 2023 $300M$29.00B post-money
- Growth 2 Oct 2024, led by Thrive Capital $6.60B$157.00B post-money
- Debt not a venture round 3 Oct 2024 $4.00B
- Growth 31 Mar 2025, led by SoftBank Group $40.00B$300.00B post-money
- Growth 1 Aug 2025, led by Dragoneer Investment Group $8.30B$300.00B post-money
- Other not a venture round 31 Mar 2026 $122.00B$852.00B post-money
Investors
Who put money in
Microsoft led the round.
Lead investor
- Microsoft new investor
Comparable rounds
How it compares
234 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $45M, and this round was 22 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 11 Jul 2019 | $177M | $400M | Apax Partners |
| Thumbtack Tech Companies | 22 Jul 2019 | $150M | $1.70B | Sequoia Capital |
| Tech Companies | 15 Jul 2019 | $48M | not disclosed | Warburg Pincus |
| Tech Companies | 17 Jul 2019 | $40M | not disclosed | Canadian Business Growth Fund |
| Tech Companies | 29 Jul 2019 | $28M | not disclosed | not named |
| AlayaCare Tech Companies | 2 Jul 2019 | $25M | not disclosed | Inovia |
| Tech Companies | 24 Jul 2019 | undisclosed | not disclosed | not named |
| Tech Companies | 12 Jun 2019 | $227M | not disclosed | Eurazeo and Morgan Stanley |
Sources
Where this comes from
Reported by 3 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did OpenAI raise in its Growth round?
OpenAI raised $1.00B in its Growth round, announced in Jul 2019.
Who led OpenAI's Growth round?
Microsoft led it.
What was OpenAI's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Tech Companies?
234 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $45M, and this round was 22 times the median.
Did OpenAI raise again after this round?
Yes: a Growth round in Jan 2023 of $10.00B at $29.00B post-money.