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Funding Round: Secondary Share Sale (OpenAI)

Verdictpartial85%
1 check · 7/20/2026

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 check
partial85%Haiku 4.5 · 7/20/2026

NoteThe 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.

Case № JNkKCkicDUFiled 7/20/2026Confidence 85%