Tech Company Financing Transactions

Ornn AI Funding Round

Ornn AI, based in New York, secured $150 million in funding from Andreessen Horowitz, BoxGroup and Crucible Fund.

Transaction Overview

Company Name
Announced On
11/2/2026
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Series A
Proceeds Purpose
The company has not publicly disclosed the specific use of proceeds for the proposed third tranche. Based on Ornn's business and product strategy, the financing would support the development and expansion of its AI compute marketplace and financial infrastructure. Its platform connects companies seeking GPU computing capacity with data-centre and cloud infrastructure operators, while providing compute pricing benchmarks and financial tools to help market participants manage price volatility and compute-related financial risks

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
130 Fulton St 10B
New York, NY 10038
USA
Email Address
Overview
Ornn is a financial infrastructure company that treats GPU computing power as an institutional commodity by bridging AI data centers with financial markets. The platform utilizes data benchmarking, a risk-management exchange, and capacity management to allow trading and hedging of compute power.
Profile
Ornn AI LinkedIn Company Profile
Social Media
Ornn AI Company Twitter Account
Company News
Ornn AI News
Facebook
Ornn AI on Facebook
YouTube
Ornn AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kush Bavaria
  Kush Bavaria LinkedIn Profile  Kush Bavaria Twitter Account  Kush Bavaria News  Kush Bavaria on Facebook
Chief Operating Officer
Jack Minor
  Jack Minor LinkedIn Profile  Jack Minor Twitter Account  Jack Minor News  Jack Minor on Facebook
Chief Technical Officer
Wayne Nelms
  Wayne Nelms LinkedIn Profile  Wayne Nelms Twitter Account  Wayne Nelms News  Wayne Nelms on Facebook
VP - Engineering
Andrew Kessler
  Andrew Kessler LinkedIn Profile  Andrew Kessler Twitter Account  Andrew Kessler News  Andrew Kessler on Facebook


 

 

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About Our VC Transactions Data

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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