Openhands

AI/ML · Somerville, MA · Founded 2024 · Privately Held (backing)

Developer of open-source artificial intelligence agents designed to automate tasks for developers. Openhands is based in Somerville, MA and was founded in 2024. It was valued at $75.8 million at its early-stage round in Nov 2025, the last priced event on record. It has raised $23.8 million across 2 recorded rounds; the latest was an $18.8 million Series A in Nov 2025.

PMV mark · valuation
$75.8M
Oct 2026
Priced at
its early-stage round
Nov 2025
Total raised
$23.8M
Last round
Series A
Nov 2025

Openhands key facts

as of Oct 2026
  • Developer of open-source artificial intelligence agents designed to automate tasks for developers.
  • Openhands is valued at approximately $75.8M as of Oct 2026, set at its early-stage round, Nov 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $23.8M across 2 recorded rounds; the latest was Series A ($18.8M) in Nov 2025.
  • Notable investors include Alumni Ventures, Sequoia Capital, Menlo Ventures, Madrona Venture Group, Pillar VC — 13 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$75.8M

Valued at $75.8M at its early-stage round, Nov 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Openhands funding rounds

2 rounds
Nov 2025Series A$18.8M▮
Sep 2024Seed$5.0M▮

Openhands leadership

Openhands valuation

Openhands was valued at $75.8 million at its early-stage round in Nov 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Openhands raised?

Openhands has raised $23.8 million across 2 recorded rounds since 2024. The largest was a $5 million seed round in Sep 2024; the most recent was an $18.8 million Series A in Nov 2025.

Openhands investors

13 investors are on record for Openhands, including Alumni Ventures, Sequoia Capital, Menlo Ventures and Madrona Venture Group. By type, the record holds 6 venture capital firms and 1 angel investor.

Who runs Openhands

5 people are listed on the Openhands team: 5 executives, including Graham Neubig (Co-Founder) and Robert Brennan (Co-Founder). 1 of them have a verified direct contact on file.

Comparable companies

Comparable ai/ml names by valuation on PrivateMarketView: Composio ($124 million), Cluely ($120 million) and Slang AI ($115 million).

About Openhands

Developer of open-source artificial intelligence agents designed to automate tasks for developers. The company's platform offers agents that write code, run commands, and use the web, enabling developers to offload repetitive work while maintaining security through partnerships with AI safety experts.

Industry
AI/ML
Sector
Information Technology
HQ
Somerville, MA, United States
Founded
2024
Employees
6
Ownership
Privately Held (backing)

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