io (Acquisition)

Funding Details
Awarder
Inbox
Date Award
May 21, 2025
Vertical
Artificial Intelligence
Funding URL
View Funding Page
Valuation
$6,500,000,000

Company Info
Traction
io was backed by several prominent investors and had a significant stake from OpenAI prior to the acquisition.
Founders
Jony Ive
Company Description
io is a company led by Jony Ive that focuses on AI-driven design and technology solutions. It was recently acquired by OpenAI in an all-stock transaction valued at $6.5 billion.
Market
Technology
Location
USA
Coinvestors
Sutter Hill Ventures, Emerson Collective, Thrive Capital, Maverick Ventures, SV Angel, OpenAI Fund

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