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

Who backs Openhands?

13 investors
InvestorType
Alumni VenturesVenture capital
Sequoia CapitalVenture capital
Menlo VenturesVenture capital
Madrona Venture GroupVenture capital
Pillar VCVenture capital
Obvious VenturesVenture capital
Thomas WolfAngel
Betaworks—
Jeff Hammerbacher—
Soumith Chintala—
+ 3 more investors · a free account shows the complete list
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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.

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