OpenAI Startup Fund

OpenAI Startup Fund is a corporate venture capital firm established in 2021 and located in San Francisco, California. It focuses on early-stage investments, primarily targeting startups in the artificial intelligence and machine learning sectors. In addition to AI, the fund seeks to make impact investments in areas such as energy, healthcare, education, and infrastructure. The fund aims to support around ten companies, typically investing USD 1 million in each. By concentrating on innovative technologies and impactful solutions, OpenAI Startup Fund endeavors to foster advancements that can significantly benefit society.

Ian Hathaway

Partner

Past deals in Speech Recognition

Speak

Series C in 2024
Speak is an AI-powered language-learning mobile application focused on helping users improve their English skills. The app employs advanced speech recognition technology, allowing users to engage in conversations about real-world scenarios. This approach enables individuals to better understand English words, even when spoken with strong accents, and facilitates a more intuitive learning experience. By providing personalized and interactive lessons, Speak aims to make the process of learning English accessible and efficient for users of varying proficiency levels.

Speak

Series B in 2024
Speak is an AI-powered language-learning mobile application focused on helping users improve their English skills. The app employs advanced speech recognition technology, allowing users to engage in conversations about real-world scenarios. This approach enables individuals to better understand English words, even when spoken with strong accents, and facilitates a more intuitive learning experience. By providing personalized and interactive lessons, Speak aims to make the process of learning English accessible and efficient for users of varying proficiency levels.

Ambience Healthcare

Series B in 2024
Ambience Healthcare specializes in developing artificial intelligence-powered solutions aimed at enhancing the efficiency of healthcare providers. Their flagship product is a medical scribe that utilizes advanced speech recognition technology to capture clinician-patient conversations in real-time, transforming them into comprehensive notes that seamlessly integrate into electronic medical record systems. This innovative approach significantly reduces documentation time, with healthcare systems reporting an average decrease of 78%. By automating the documentation process, Ambience Healthcare aims to alleviate clinician burnout, improve coding accuracy, and ensure high-quality patient care. The company's technology not only allows clinicians to complete their charts swiftly but also enables customization to align with individual providers' styles and preferences, ultimately contributing to a more efficient healthcare environment.

Speak

Series B in 2023
Speak is an AI-powered language-learning mobile application focused on helping users improve their English skills. The app employs advanced speech recognition technology, allowing users to engage in conversations about real-world scenarios. This approach enables individuals to better understand English words, even when spoken with strong accents, and facilitates a more intuitive learning experience. By providing personalized and interactive lessons, Speak aims to make the process of learning English accessible and efficient for users of varying proficiency levels.

Speak

Series B in 2022
Speak is an AI-powered language-learning mobile application focused on helping users improve their English skills. The app employs advanced speech recognition technology, allowing users to engage in conversations about real-world scenarios. This approach enables individuals to better understand English words, even when spoken with strong accents, and facilitates a more intuitive learning experience. By providing personalized and interactive lessons, Speak aims to make the process of learning English accessible and efficient for users of varying proficiency levels.
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