PiggyGPT

Private companiesCovered

Instant

San Francisco, CA

Instant (InstantDB) makes an open-source real-time backend of database, auth, permissions, storage and sync for apps; it closed new signups when its team joined OpenAI.

Funding

Last round or tender
Seed, Oct 2, 2024, $3M raisedInstant, Oct 2, 2024From Y Combinator, SV Angel and angels. No valuation was stated.
Last valuation
No citable valuation

Secondary venues

A venue is listed when its public page named the company on the date shown. Nothing is recorded from behind a login, and no indicative price is shown anywhere on this site.

Reads

Acquisition: Closed

The acquisition completed.

Prepared by PiggyGPT, as of Oct 7, 2026

Signals

  • Aug 19, 2026Instant announced its team is joining OpenAI, closed new signups and set its cloud apps to shut down on August 31, 2027; no acquisition terms were stated.Instant, Aug 19, 2026

Named counterparties

  • OpenAIThe team’s new employer, by Instant’s announcement.Instant, Aug 19, 2026

Counterparties are named for a cited reason: a partnership, an investment, or a stated appetite. Naming is not a forecast.

A summary of what the figures on this page add up to, prepared by PiggyGPT from the record on file and its cited sources. Not the Street's view, and not advice.

Sources

Researched Oct 7, 2026