✦ AI AI Company Comparison

Code Metal vs OpenAI — IPO & Funding Comparison

Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.

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Code Metal: verified Jun 27, 2026. Data for OpenAI last verified: Jun 22, 2026.
Metric Code Metal OpenAI
Valuation$2.5B$920.0B
Total Funding$61.4M$65.4B
IPO StatusPre-IPOPrivate
SectorDefense Tech / Manufacturing SoftwareArtificial Intelligence
StageSeries CPre-IPO
HeadquartersSan Francisco, CASan Francisco, CA
CEOSam Altman
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Code Metal

Software for defense manufacturing and AI-powered production optimization

IndustryDefense Tech / Manufacturing Software
StageSeries C
IPO StatusPre-IPO
Valuation$2.5B
Total Funding$61.4M
HeadquartersSan Francisco, CA

OpenAI

OpenAI is valued at $920B — the world's most valuable AI company, backed by over $65B in funding. The company recently restructured as a Public Benefit Corporation to support its mission of developing safe AGI.

IndustryArtificial Intelligence
StagePre-IPO
IPO StatusPrivate
Valuation$920.0B
Total Funding$65.4B
HeadquartersSan Francisco, CA

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Frequently Asked Questions

What are the valuations of Code Metal and OpenAI? +

Code Metal is valued at $2.5B. OpenAI is valued at $920.0B. Both valuations are based on the most recent private funding rounds tracked by TechStackIPO.

How much has each company raised? +

Code Metal has raised $61.4M. OpenAI has raised $65.4B.

What is the IPO status of Code Metal and OpenAI? +

Code Metal is currently pre-IPO. OpenAI is currently private. Track both on TechStackIPO for S-1 filings and IPO announcements.

Are Code Metal and OpenAI in the same sector? +

Code Metal operates in Defense Tech / Manufacturing Software, while OpenAI operates in Artificial Intelligence.

What are the main differences between Code Metal and OpenAI? +

Code Metal is a Defense Tech / Manufacturing Software company valued at $2.5B with $61.4M raised. OpenAI is a Artificial Intelligence company valued at $920.0B with $65.4B raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor data.

How can I invest in Code Metal or OpenAI before their IPO? +

Accredited investors can access pre-IPO shares in Code Metal and OpenAI through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.