Openai Startup Fund I, L.P.
OpenAI Startup Fund · adviser of record: Openai Startup Fund Management, LLC · 2020 vintage
Openai Startup Fund I, L.P. is a 2020 venture fund managed by OpenAI Startup Fund, with $175mm raised (Form D, amount sold). It reported $3.8bn in gross assets at year-end 2025, 21.51x its size, its highest reported value.
- Latest value held
- $3.8bn year-end 2025
- Peak
- $3.8bn year-end 2025
- Fund size
- $175mm Form D, amount sold
- Held vs. size
- 21.51x peak 21.51x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $3.8bn | 21.51x | +1058% over 2 yrs |
| 2023 | $325mm | 1.86x | +290% |
| 2022 | $83.5mm | 0.48x | – |
| 2021 | $0k | 0.00x | – |
| 2020 | $0k | 0.00x | – |
Other funds from OpenAI Startup Fund
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-3903426692. Data updated October 13, 2026.
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