# OpenPipe **Source:** https://www.startuphub.ai/startups/openpipe **Profile type:** Startup > Provides a 'Data Flywheel' that automatically captures a company's best prompt logs and uses them to fine-tune smaller, open-source models. ## About OpenPipe provides a fully-managed fine-tuning platform for developers, enabling them to replace expensive, general-purpose LLMs like GPT-4 with smaller, custom-trained models. Their 'Data Flywheel' approach automatically captures prompt logs to continuously improve these models, offering significant cost savings, reduced latency, and improved accuracy for production applications. ## Key facts - **Slug:** openpipe - **Website:** https://openpipe.ai/ - **Location:** San Francisco, USA - **Founded:** 2023 - **Operating status:** Active - **Total funding:** $7M ## Frequently asked ### What does OpenPipe do? OpenPipe provides a fully-managed fine-tuning platform for developers, enabling them to replace expensive, general-purpose LLMs like GPT-4 with smaller, custom-trained models. Their 'Data Flywheel' approach automatically captures prompt logs to continuously improve these models, offering significant cost savings, reduced latency, and improved accuracy for production applications. ### What is OpenPipe's valuation? StartupHub estimates OpenPipe's effective valuation at $24.9M (range $16.8M to $40.2M, 12% confidence), based on comparable companies in the sector. ### How much funding has OpenPipe raised? OpenPipe has raised a total of $7M in funding. The most recent round on record is Seed. ### Where is OpenPipe headquartered? OpenPipe is headquartered in San Francisco, USA. ### When was OpenPipe founded? OpenPipe was founded in 2023. ## JSON-LD Structured data aligned with this page's `