OpenAI Backs Isara's AI Agent Tech at $650M Valuation

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·Mar 26 2026, 05:32

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Key Takeaways

Isara, an artificial intelligence startup, has secured $94 million in a new funding round with backing from OpenAI, reaching a $650 million valuation. The company is developing software to coordinate thousands of AI agents for complex problem-solving, initially targeting the financial services industry for predictive modeling.

Isara raised $94 million in a funding round that values the company at $650 million, with OpenAI as a key investor.
The company's technology coordinates 'swarms' of AI agents, demonstrating its capability by using 2,000 agents to forecast gold prices.
Founded by former OpenAI researcher Eddie Zhang and Henry Gasztowtt, Isara will initially sell its software to investment firms.

Isara Secures $94M at a $650M Valuation

Artificial intelligence startup Isara has raised $94 million in a recent funding round, achieving a valuation of $650 million. The investment was notably backed by AI industry leader OpenAI, alongside prominent investors including Amity Ventures, Michael Ovitz, and Stanley Druckenmiller. Founded in June 2024 by 23-year-old AI researchers Eddie Zhang, formerly of OpenAI, and Henry Gasztowtt, the San Francisco-based company has assembled a team of researchers from tech giants like Google and Meta Platforms.

AI 'Swarms' Target Financial Forecasting

Isara is developing software that enables large numbers of AI agents to collaborate on complex analytical tasks. This "swarm" approach aims to tackle problems in sectors like finance and biotechnology. At a recent Allen and Co. tech conference, the company demonstrated an early version of its software by coordinating approximately 2,000 different AI agents to forecast the price of gold. The company's initial strategy is to sell its software to investment firms and other financial-services companies for predictive modeling.

OpenAI Deepens Focus on Enterprise AI

OpenAI's investment in Isara aligns with its recent strategic shift to prioritize enterprise-focused services and software engineering tools. This move places OpenAI in a direct race against rival Anthropic to capture the corporate market for advanced AI solutions. The investment comes as OpenAI reportedly prepares for a potential initial public offering, which could occur as soon as the fourth quarter of this year.