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Ornn

Provides cash-settled GPU compute futures exchange

Overview

Ornn AI Inc builds financial infrastructure for the AI and compute economy. It offers a cash-settled compute exchange and price indices to treat accelerated GPU compute as a tradable asset. The platform provides a U.S.-regulated venue for futures and derivatives on GPU compute hours, with central clearing and USD cash collateral to ensure reliable settlement. The price indices track GPU compute costs across cloud and on-premise providers, giving a benchmark for developers and investors. Real-time data from over 30,000 GPUs via a partnership with Hydra Host enriches market analytics. Ornn’s tools let AI companies lock in costs, data-center operators presell capacity, and investors manage risk tied to GPU depreciation, creating more liquidity in the market while hedging compute cost volatility.

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About Ornn

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Industries

Data & AnalyticsEnterprise SoftwareQuantitative FinanceFinancial Services

Company Size

1-10

Company Stage

Seed

Total Funding

$38.7M

Headquarters

New York City, New York

Founded

2025

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Funding

Total Funding

$38.7M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
$2.3M
$3M
$33M

Benefits

  • Health Insurance
  • Company Equity
  • Meal Benefits

Company News

Axios
Nov 2nd, 2026
Exclusive: Compute trading marketplace Ornn in talks for over $1B valuation

The company is raising around $150 million in a three-tranche Series A.

GlobeNewswire
Oct 15th, 2026
Farsight partners with Ornn to help banks run AI on their own compute.

Farsight partners with Ornn to help banks run AI on their own compute. The combined offering lets banks run AI in their own environment and apply it to client work built on each firm's data and precedent. October 15, 2026 09:00 ET | Source: Farsight NEW YORK, Oct. 15, 2026 (GLOBE NEWSWIRE) - Farsight, the platform helping global financial services firms become AI-native, today announced a partnership with Ornn, which builds financial markets for compute. Together, the companies will give banks and other financial institutions a way to run AI models in their own environment, with Farsight running on top of GPU capacity sourced through Ornn. Bankers can then apply AI to the firm's proprietary data and prior work while keeping sensitive information within the institution. Most banks access AI through a small number of hosted model providers. That leaves them reliant on those providers for pricing, capacity and product direction. Certain data, such as sensitive client information and deal pipeline details, often cannot be sent to external models. Banks that want to run models themselves must first obtain compute, which has historically been difficult to procure and price. The combined offering spans the infrastructure and the work built on it. Banks get access to sourced GPU capacity and to pricing data from the Ornn Compute Price Index (OCPI), a GPU price index built from transacted deals. Running on that acquired capacity, Farsight routes tasks across models rather than relying on a single provider and learns each team's templates and standards, so outputs reflect the firm's house style. Farsight also announced this week that they are running AI workflows on-premise at Deutsche Bank, reinforcing the security and compliance capabilities enabled through this partnership. "Today, a bank that wants to reduce its dependence on a single model provider has few practical alternatives," said Samir Dutta, Co-Founder and CEO of Farsight. "Working with Ornn, we can offer institutions a solution, with models running on compute in their own environment and producing pitch books, memos and models grounded in the firm's own work." "Financial institutions want clarity on what they pay for compute today and the risks they take on as their AI needs grow," said Wayne Nelms, Co-Founder of Ornn. "Working with Farsight, we're helping banks connect how they use AI with the cost and availability of the compute behind it, so they can make informed decisions today and plan for their exposure tomorrow." Generic AI is quickly becoming table stakes in banking. Financial institutions increasingly want AI they can trust with high-stakes client work, and many are moving toward on-premise deployment to achieve it. Farsight and Ornn plan to work jointly with financial institutions, beginning with those looking to bring more of their AI capabilities in-house. To learn more about how Farsight helps financial institutions deploy firm-specific AI within their own technology environments, visit Farsight's website. About Farsight Farsight is firm-native AI for financial services built around each firm's data, precedent, templates, and standards. The platform can run partially or completely within a firm's own technology environment, helping teams apply AI to sensitive workflows while keeping firm-specific data, context and judgment within the institution. Teams use Farsight across its web interface, PowerPoint, Excel, Word, and email to produce client-ready pitch decks, CIMs, memos, and financial models faster. Headquartered in New York City, Farsight works with leading firms across investment banking, private equity, and corporate development. About Ornn Ornn builds financial markets for compute. The company helps organizations access, price, finance and hedge GPU compute through Ornn Compute, which provides dedicated GPU capacity, and Ornn Data, home of the Ornn Compute Price Index (OCPI), a daily GPU price index built from transacted deals. Media Contact Alyssa Bruce Walker Sands for Farsight [email protected]

QQlink
Jul 5th, 2026
Wu says June VC monthly: Canton finance 355 million, morph completion of 175 million, SBI acquisition of the Japanese Home Exchange, etc.

Wu says June VC monthly: Canton finance 355 million, morph completion of 175 million, SBI acquisition of the Japanese Home Exchange, etc. 2026/07/04 21:00 The author, Wu, says the block chain According to RootData, in June 2026 there were 58 Crypto VC open venture investment projects, with a ring ratio of 31.0% (84 in May 2026) and 33.3% in the same year (87 in June 2025). The trends for the past year are as follows: From the breakdown of the plates, June was as follows: CeFi accounted for about 15.5 per cent, DeFi for about 25.9 per cent, NFT/Game for about 1.7 per cent, L1/L2 for about 5.2 per cent, RWA/DePIN for about 8.6 per cent, Tool/Wallet for about 19 per cent and AI for about 13.8 per cent. In June 2026, Crypto VC ' s total financing amounted to approximately US$ 1237 million, with a ring ratio of -58.3 per cent ($2,966 million in May 2026), compared to -56.9 per cent ($2,868 million in June 2025). The trends for the past year are as follows: Note: For undisclosed items, only the total number of items is included and not the total amount; at the same time, the statistics may be subsequently revised as not all financing will be disclosed in the month. Of these, the top 10 was as follows: The private block chain Canton Network developer Digital Assembly completed the $355 million new round of financing. The current round of financing was led by a16z crypto, with the participation of a large number of institutions, including the Abu Dhabi Investment Agency (ADIA), Apollo Funds, BNP Paribas, Citadel Securities, CME Ventures, Coinbase Ventures, HSBC, S&, P Global, SBI Group and SoFi. The Canton network aims to provide shared books for large financial institutions to issue and trade RWA (such as bonds, loans and funds), while maintaining privacy and complying with legal requirements. The JFAG SBI Holdings bought the Japanese Home Exchange Bitbank at $289 million for a major Japanese encryption enterprise. This acquisition will consolidate the flow of transactions between the two sides, expand the size of the users and strengthen the comparative advantage of the SBI over other exchanges in Japan. The centralized lending agreement Morpho completed $175 million token sales financing, which was co-financed by Paradigm, a16z crypto and Ribbit Capital, with the participation of Apollo Funds, VanEck, Circle Ventures, Legger Cathay, Wintermute Ventures. Morpho was established in 2021 with its headquarters in Paris, France, and focuses on building a modular, open chain credit infrastructure. This round will be used to deepen its integration with traditional financial platforms and to advance the globalization and decentrization of RWA. The encryption trading platform fomo completed $75 million B-wheel financing, led by Index Ventures, United Square windfalls, Benchmark and several unencrypted track individual investors, with a post-investment valuation of $550 million. The platform was created in 2025 by a former staff member of dYdX and is currently advancing the socialization experience of simplifying the threshold of the block chain operation to promote stock and derivatives. The options and derivatives trading infrastructure provider SignalPlus announced the completion of $50 million in B1 rounds of financing, with a post-financing valuation of $500 million. This round was led by HashKey Capital, BlockBooster and AppWorks, with Goldman Sachs acting as sole financial advisor. Allium completed $4.0 million in B round finance. This round, led by Amplify Partners, was followed by Kleiner Perkins and Theory Ventures, and funds were used to meet institutional needs for structured and standardized data on the chain. Ornn completed $33 million in seed ship financing, with a 16z Cripto lead, Galaxy Ventures, Nordstar, SV Angel, etc. The main commercial model for ordinary cloud computing leasing platforms is the length of time spent selling GPU algorithms directly to AI. Ornn, on the other hand, is at the core of positioning power use from privately negotiated, long-term locked contractual resources to commodities that can be publicly priced, traded, financed and hedged. Trace Finance completed a $32 million round of A financing, led by CoinFund, to extend its operations to Latin America and the Asia-Pacific region. This round of financing is carried out by CoinFund, and other investment institutions such as Coinbase Ventures, Haun Ventures, Jump Capital, Paxos, Chainlink Labs, HOF Capital. EDGE Markets, a projected market finance infrastructure company, announced the completion of $29.2 million in round A financing in early June, with the participation of the CoinFund, the Indicator Ventures, Mantis VC, Stepstone Group and Bullpen Capital. This round of financing will be used to launch the platform EDGE Pro and the payment network EDGE Connect. The forecast market application Onyx Odds completes $20 million A round of finance, which is sponsored by the encryption trading platform Kraken parent company Payward, with a post-investment valuation of $220 million. The funds will be used to expand its sports forecasting and related trade product operations.

The SaaS News
Jun 25th, 2026
Ornn raises $33M seed.

Ornn raises $33M seed. Ornn raises $33 million in a seed round led by Andreessen Horowitz to develop a marketplace for trading artificial intelligence compute power. Updated June 25, 2026 Ornn, a startup based in the United States, operates a marketplace for trading compute power for artificial intelligence applications. The company has raised $33 million in a seed round. Investors. This round was led by Andreessen Horowitz, a prominent venture capital firm. Additional participating investors included a16z crypto, Galaxy Ventures, Nordstar, and SV Angel. Ornn use of funds. The capital will be used to build a venue where the computing power that drives artificial intelligence can be bought and sold. About Ornn. Founded in 2025, Ornn provides a specialized marketplace platform designed for the trading of compute power, addressing the growing infrastructure demands of the artificial intelligence industry. Funding details. Company: Ornn Raised: $33M Round: Seed Funding Date: June 24, 2026 Lead Investor: Andreessen Horowitz Additional Investors: a16z crypto, Galaxy Ventures, Nordstar, SV Angel Software Category: AI Infrastructure / Marketplace Source: https://www.bloomberg.com/news/articles/2026-06-24/andreessen-horowitz-backs-compute-marketplace-ornn-in-seed-round Updated June 25, 2026

Cointime
Jun 24th, 2026
Ornn raises $33M seed led by a16z Crypto to build computing power market infrastructure

Ornn, a computing power market infrastructure company, has raised $33 million in seed funding led by a16z Crypto. Galaxy Ventures, Nordstar and SV Angel participated, with Vine Ventures, Crucible Capital, Link Ventures and Box Group continuing their support. The company has launched OCPI, a transaction-based computing power index designed to provide a unified price benchmark for settlement in the computing power market. Ornn aims to enable price discovery and risk transfer in the sector, similar to mature commodity markets. Partners such as ICE can use OCPI as a reference for futures and options contracts, supporting more efficient capacity allocation in the computing power industry.

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