OpenAI

Software Development Applications · San Francisco, CA · Founded 2015 · In IPO Registration

Developer of machine learning systems designed for general-purpose artificial intelligence applications. OpenAI is based in San Francisco, CA and was founded in 2015. It is valued at about $1.16 trillion as of Oct 2026, set by secondary market price, up 36% since its later-stage round in Mar 2026. It has raised $178 billion across 25 recorded rounds; the latest was a $520 million debt round in Jul 2026.

PMV mark · valuation
$1.2T
Oct 2026
Secondary market · $/share
$955
Total raised
$178.1B
Last round
Debt - General
Jul 2026

OpenAI key facts

as of Oct 2026
  • Developer of machine learning systems designed for general-purpose artificial intelligence applications.
  • OpenAI is valued at approximately $1.2T (~$955/share on the secondary market) as of Oct 2026, up 36% since its later-stage round, Mar 2026, per PrivateMarketView’s mark.
  • It has raised $178.1B across 25 recorded rounds; the latest was Debt - General ($520.0M) in Jul 2026.
  • Notable investors include Amazon.com, The D. E. Shaw Group, Robinhood Ventures, Y Combinator, Andreessen Horowitz — 220 tracked in total.
  • 11 institutional filers report fund marks on OpenAI across 111 filings.
  • PrivateMarketView tracks 42 recorded secondary trades in OpenAI shares.
  • 9 investment vehicles were formed to buy OpenAI shares in the last 12 months, reporting $18.4M sold to 198 investors, per SEC Form D filings.
  • Status: In IPO Registration.
PrivateMarketView mark
HIGH confidence
$1.2T~$955 per share · secondary market

Up 36% since its later-stage round, Mar 2026 ($852.0B post-money).

set by secondary market priceconfirmed by prints and fund marksas of Oct 2026question about this number?
See the prints behind this mark →

Membership and data by Private Market View

Free account
More of OpenAI with a free account
  • ·Post-money valuations for 9 rounds
  • ·The complete investor list: 220 names
  • ·Everyone on the team, board and advisors included
  • ·Watch OpenAI: the Monday email on marks, rounds and moves
Create free account
No card required

Membership and data by Private Market View

Secondary market

monthly marks · 43 months · Apr 2023 – Oct 2026
Current
▮
High
▮
Low
▮
▮▮
Apr 2023marks: indicative $/share, month-end · as of Oct 15, 2026Oct 2026
Monthly marks are a Pro feature — the shape is real, the numbers are waiting.Unlock 43 monthly marks

Membership and data by Private Market View

OpenAI secondary trades

42 on record · Jan 2024 – Jun 2026

42 trades between Jan 2024 and Jun 2026. Exact dates, prices and structures are available to Pro members.

Jan 2024peak 7 prints / monthJun 2026
Individual prints are Pro.Unlock 42 trade prints

Membership and data by Private Market View

Institutional fund marks on OpenAI

11 filers · latest Jul 2026

11 SEC-registered funds reported 111 fair-value marks on OpenAI between Apr 2025 and Jul 2026. Filer-level marks and implied $/share are available to Pro members.

Unlock 111 fund marks

Membership and data by Private Market View

Every name the funds mark, next to where it trades →

OpenAI funding rounds

25 rounds
Jul 2026Debt - General$520.0M▮
Jun 2026IPO—▮
Apr 2026Later Stage VC$75.0M▮
Mar 2026Later Stage VC$122.0B▮
Dec 2025Later Stage VC$1.0B▮

Vehicles formed to buy OpenAI shares

secondary demand · SEC Form D filings

In the last 12 months, 9 investment vehicles were formed to buy OpenAI shares, reporting $18.4M sold to 198 investors across 9 sponsors. Most recent filing May 2026.

The vehicle list — each sponsor, filing date, amount sold and investor count — is a Pro table. Unlock the 9 vehicles →

Membership and data by Private Market View

OpenAI leadership

Latest analysis

from our research

OpenAI valuation

OpenAI is valued at approximately $1.16 trillion as of Oct 2026. The figure is set by secondary market price and confirmed by prints and fund marks. The secondary market quotes about $955 per share. The reference point is its later-stage round in Mar 2026, at a $852 billion post-money valuation; the current figure is up 36% since.

OpenAI ranks first by valuation and first by capital raised among the private companies PrivateMarketView tracks.

Recent activity

In the last 90 days, OpenAI's record added 13 institutional fund marks (latest period Jul 2026).

How much has OpenAI raised?

OpenAI has raised $178 billion across 25 recorded rounds since 2015. The largest was an $8.4 million private secondary transaction in Feb 2025; the most recent was a $520 million debt round in Jul 2026. 9 of the rounds disclosed a post-money valuation.

OpenAI secondary market activity

42 secondary trades in OpenAI shares are on record, between Jan 2024 and Jun 2026. The busiest recent months were Apr 2025 (7 prints) and Apr 2026 (4 prints). Exact dates, prices and structures are available to Pro members.

A monthly secondary-market price series for OpenAI runs from Apr 2023 to Oct 2026 (43 months).

Institutional holders and vehicles

11 SEC-registered funds reported 111 fair-value marks on OpenAI between Apr 2025 and Jul 2026, in their N-PORT filings. The latest fund marks confirm the current valuation. Filer-level marks and implied per-share values are available to Pro members.

In the last 12 months, 9 investment vehicles were formed to buy OpenAI shares, reporting $18.4 million sold to 198 investors across 9 sponsors, per SEC Form D filings (most recent May 2026).

OpenAI investors

220 investors are on record for OpenAI, led by Amazon.com, The D. E. Shaw Group and Robinhood Ventures. By type, the record holds 103 venture capital firms and 10 family offices. 3 of them led at least one round. The later-stage round in Apr 2026 drew 3 investors.

Who runs OpenAI

55 people are listed on the OpenAI team: 41 executives, 12 board members and 2 advisors and observers, including Fidji Simo (Chief Executive Officer) and Greg Brockman (Co-Founder). 38 of them have a verified direct contact on file.

Comparable companies

Comparable software development applications names by valuation on PrivateMarketView: Cursor (Software Development Applications) ($60 billion), Reflection AI ($20 billion) and Nscale ($14.6 billion).

About OpenAI

Developer of machine learning systems designed for general-purpose artificial intelligence applications. The company's systems provide large-scale language models, multimodal input handling, code generation, natural language understanding, API integration, plugin extensibility, and continuous model updates, enabling enterprises, developers and researchers to build, test and deploy intelligent systems that support automation, content generation, data analysis and interactive problem-solving across various domains.

Industry
Software Development Applications
Sector
Artificial Intelligence
HQ
San Francisco, CA, United States
Founded
2015
Employees
4,500
Categories
Agentic AI, AI Infrastructure, Artificial Intelligence (AI), Foundational AI, Generative AI, Information Services, Information Technology, Machine Learning, Natural Language Processing, SaaS
Ownership
In IPO Registration

Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.