Funding Round: Secondary Share Sale (OpenAI)
1 → partial
Our claim
entire record- Company
- OpenAI
- Company
- OpenAI
- Name
- Secondary Share Sale
- Date
- April 28, 2023
- Raised
- 300000000
- Raised Low
- 300000000
- Raised High
- 300000000
- Valuation
- 29000000000
- Valuation Low
- 29000000000
- Valuation High
- 29000000000
- Instrument
- secondary
- Lead Investor
- Sequoia Capital
- Lead Investor
- Sequoia Capital
- Notes
- Tender offer; existing shares purchased by Sequoia Capital, Andreessen Horowitz, Thrive Capital, K2 Global, and Founders Fund. Valuation range $27B-$29B.
Source evidence
1 src · 1 checkNoteThe source confirms the funding round is a secondary share sale (tender offer) with approximately $300 million raised and a valuation range of $27–29 billion. The claimed exact values ($300M raised, $29B valuation) fall within the source's stated ranges. However, the date is problematic: the source is dated April 25, 2023, and states the investment was 'planned to be made public next week,' suggesting the actual closing/announcement would be around late April or early May 2023. The claimed date of 2023-04-28 is plausible but not explicitly confirmed in the source text—the source only indicates the article was written on April 25 and the announcement was planned for 'next week.' The valuation is given as a range ($27–29B), and the claim uses the upper bound ($29B), which is confirmed but represents the high end of the range rather than a precise figure.