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OpenHands

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Open-source platform for autonomous AI coding agents

Cambridge, United StatesFounded 2024AI
Valuation $100–250M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for OpenHands and the history behind them.

About OpenHands

OpenHands provides an open-source platform for creating and deploying autonomous AI agents that emulate the functions of a human software developer. Formerly known as OpenDevin, the project aims to move beyond simple code completion to offer generalist AI agents capable of complex tasks like modifying code, running commands, browsing the web, and interacting with APIs. The platform operates in a sandboxed environment, ensuring security while allowing agents to handle end-to-end software development duties such as bug fixing, testing, and refactoring large codebases.

The company was founded by Robert Brennan (CEO), Xingyao Wang (Chief AI Officer), and Graham Neubig (Chief Scientist), who have extensive research backgrounds in AI agents for coding. Their mission is to foster an open, transparent, and model-agnostic standard for AI-powered software development, in contrast to proprietary, closed-door alternatives. In November 2025, OpenHands announced an $18.8M Series A funding round led by Madrona, with participation from Menlo Ventures, Pillar VC, and others, to accelerate this mission. This followed a $5M seed round in September 2024.

OpenHands is designed to be flexible, supporting various large language models (LLMs) and integrating with existing developer tools like GitHub, GitLab, Slack, and Jira. The business model operates on an open-core basis. The core AI agent technology is free and open-source under the MIT license, encouraging community contribution and adoption. Commercial revenue is generated through an enterprise-focused cloud platform that offers features for teams, such as enhanced security, role-based access control, multi-user support, and budgeting tools. The company also has a strategic collaboration with AMD to advance agent performance on AMD hardware.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2024
Headquarters
Cambridge, United States
Employees
4
Open positions
None listed
Dealroom signal
49.6/100
Industry
Enterprise Software
Sector
AI, Core AI, Generative AI, AI Tools, genAI Operation Layer, genAI Applications, AI Agents
Technology
Artificial Intelligence
Business model
SaaS
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Nov 2025 $19M $75M Menlo Ventures · Obvious Ventures · Alumni Ventures · Fujitsu Ventures Fund ↗
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

OpenHands website traffic

Latest recorded traffic for OpenHands is 310K monthly website visits, up 72.2% over the last three months. OpenHands's team grew 33.3% over the past year.

Latest monthly visits310K 3-month web change+72.2% 1-year team growth+33.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

Employees 4 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇹🇷 Turkey100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about OpenHands on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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