Tools for Humanity raised over $300 million in 2019 from investors including Reid Hoffman and Sam Bankman-Fried, who was later sentenced to 25 years in prison for fraud

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Tools for Humanity was founded by Altman and Alex Blania in 2019 and has raised more than $300mn from venture capitalists and others, including LinkedIn co-founder Reid Hoffman and FTX founder Sam Bankman-Fried, who was sentenced to 25 years in prison for fraud last year.

Founded in 2019 by Altman and Alex Blania, Tools for Humanity has raised over $300 million from prominent backers such as Reid Hoffman, co-founder of LinkedIn, and Sam Bankman-Fried, the now-imprisoned founder of FTX.