
Enterprise Software · Data Intelligence
OpenAI
Tender Offer 3
Latest valuation (Oct 2025 employee/secondary share sale)
$300.0B → $500.0B · Mar 2025–Oct 2025
Probability modeled from funding stage, momentum & liquidity signals.
Valuation Trajectory
Funding-round staircase from founding · log scale. Filled dots are verified marks; hollow dots are the modeled round ladder between them.
IPO Model Drivers
Why the odds read this way
Factor weights are illustrative decompositions of the modeled IPO probability, not guarantees.
Down-Round Risk
Valuation downside pressure
Mixed signals — valuation up 67% with 12% modeled IPO odds keep down-round risk in the middle band.
Asset brief
OpenAI is an Enterprise Software · Data Intelligence company last marked at $500B (cross-verified by 3 independent sources). Stage: Tender Offer 3. Valuation momentum is +66.7% ($300B → $500B). The transparent model puts IPO odds at 40% over the next 24 months. No verified market-moving events in the last 30 days.
Capital Timeline
Funding & liquidity milestones
Tender Offer 3
$500B