Tech Company Financing Transactions
OpenAI Funding Round
OpenAI closed a $11 billion investment round on 11/6/2026. Investors included private investors.
Transaction Overview
Company Name
Announced On
11/6/2026
Transaction Type
Venture Equity
Amount
$11,000,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The TechCrunch article does not disclose a specific allocation or detailed use of proceeds for the reported $11 billion funding. The capital is part of OpenAI's larger fundraising effort, but the company has not publicly specified how the funds will be distributed across research and development, AI infrastructure, computing capacity, product development or business expansion. Therefore, the exact proceeds purpose remains Not Disclosed in the announcement.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
3180 18th St.
San Francisco, CA 94110
USA
San Francisco, CA 94110
USA
Phone
Undisclosed
Website
Email Address
Overview
OpenAI's mission is to ensure that artificial general intelligence benefits all of humanity. We're a team of a hundred people based in San Francisco, California. The OpenAI Charter describes the principles that guide us as we execute on our mission.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sam Altman
Chief Scientific Officer
Ilya Sutskever
Chief Technical Officer
Gregory Brockman
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We do our best to report on every notable VC transaction. VC transactions reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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