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