OpenStax: Funding, Investors & Team (Sep 2026)
OpenStax College is a nonprofit organization dedicated to enhancing student access to high-quality learning resources. Their textbooks, created and reviewed by educators, are free and designed to meet course requirements. Through collaborations with companies and foundations focused on reducing student expenses, OpenStax aims to broaden access to higher education. Supported by generous donations from philanthropic foundations, OpenStax College is an initiative of Rice University. Learn more about OpenStax College and the broader open education movement by checking out media coverage.
OpenStax has raised $90.0M across 1 funding round on record, the most recent an undisclosed round of $90.0M announced in Apr 2024.
That round is above the $5.8M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
OpenStax Company Profile and Key Stats
Latest funding round on record: Apr 2024.
OpenStax Funding Rounds
OpenStax Founders and Leadership Team
Contact details for the OpenStax team: 1 of 1 has an email address on file.
Start 14-day free trial →OpenStax Funding Compared to Other Artificial Intelligence Startups
OpenStax's latest round of $90.0M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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OpenStax Funding FAQs
What does OpenStax do?
OpenStax College is a nonprofit organization dedicated to enhancing student access to high-quality learning resources. Their textbooks, created and reviewed by educators, are free and designed to meet course requirements. Through collaborations with companies and foundations focused on reducing student expenses, OpenStax aims to broaden access to higher education. Supported by generous donations from philanthropic foundations, OpenStax College is an initiative of Rice University. Learn more about OpenStax College and the broader open education movement by checking out media coverage.
How much funding has OpenStax raised?
OpenStax has raised $90.0M across 1 round on record. The most recent is an undisclosed round of $90.0M announced in Apr 2024.
When did OpenStax last raise funding?
OpenStax's most recent funding round on record is an undisclosed round of $90.0M, announced in Apr 2024.
Who founded OpenStax?
FundedIQ lists Richard Baraniuk (Founder) at OpenStax.
Where is OpenStax headquartered?
OpenStax is based in Houston, Texas, United States.
How many employees does OpenStax have?
OpenStax is in the 51-100 employee band.
How does OpenStax's funding compare to other Artificial Intelligence startups?
OpenStax's latest round of $90.0M is above the $5.8M median round size for Artificial Intelligence companies on FundedIQ across 7,237 tracked companies over the last two years.
About FundedIQ's OpenStax Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for OpenStax is left off this page rather than filled in.
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