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Key people at The Altman Fund.
The Altman Fund was founded by Benjamin Altman (Founder).
The OpenAI Startup Fund is a venture capital fund investing in early-stage companies building innovative applications and infrastructure for artificial intelligence. It deploys strategic capital to startups leveraging or complementing advanced AI models, fostering new capabilities within the AI landscape. The fund expands the practical reach of AI technologies.
Launched in 2021, the fund originated from OpenAI's mission to accelerate the AI industry's growth. Sam Altman, then OpenAI's Chief Executive, helped establish its strategic framework and was listed as its initial general partner. This structure provided resources and guidance to promising AI ventures, integrating them with cutting-edge AI research insights.
The fund invests in diverse AI-focused startups, including those in legal tech, developer tools, language education, and healthcare solutions. Its vision is to accelerate the responsible development and widespread application of beneficial artificial intelligence. The fund aims to create a future where advanced AI empowers diverse industries and enhances human potential globally.
Key people at The Altman Fund.
The Altman Fund has 1 tracked investment across 1 company. The latest tracked deal is $27.0M Series B in Verifiable in July 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 1, 2023 | Verifiable | $27.0M Series B | Craft Ventures | Abstract Ventures, ALT Capital, AngelPad, FPV Fund, Harrison Metal, Matrix, Merus Capital, Openview Venture Partners, SciFi VC, Y Combinator, Aaron Levie, Cristina Cordova, Frederic Kerrest, Immad Akhund, Jared Leto, Jeremy Stoppelman, JON Brelig, Kyle Vogt, Melissa TAN, Mike Hennessey, Saran Chari, Zack Kanter, 137 Ventures, Cooley, Highland Capital Partners, Struck Capital |
The Altman Fund was founded by Benjamin Altman (Founder).
