What’s known
According to an OpenAI spokesperson, the company is not acquiring Convogo’s intellectual property and is instead hiring the team to work on its broader AI cloud efforts. Three Convogo co-founders — Matt Cooper, Evan Kater, and Mike Gillett — will join OpenAI. The deal was structured as an all-stock transaction.
Convogo’s product will be discontinued. Over its two years of operation, the tool was used by thousands of professionals and partnered with leading organizations in the leadership development space.
In a farewell note, the Convogo team said their work exposed a deeper challenge: how to turn the potential of new AI models into tangible, real-world outcomes. They argued that this is why building purpose-driven, specialized solutions — such as those they created for coaches — remains critical.
According to PitchBook, Convogo represents OpenAI’s ninth acquisition in the past year. Most of OpenAI’s previous deals resulted either in product integration into the OpenAI ecosystem (as with Sky or Statsig) or in shutdowns (including Roi, Context.ai, and Crossing Minds). One notable exception is io Products, the project led by Jony Ive, which is developing dedicated hardware in partnership with OpenAI.
