futuresearch.ai | Report 3Li1

1
Sources of OpenAI's reported $3.4B ARR on June 12 2024

$200 K seats$

$(50% CI: [180 K, 220 K])$

Active seats of ChatGPT Enterprise 5 months after its launch

Key Parameter	Value	Source
Paid seats of ChatGPT Enterprise in Jan 2024 $(N_{Jan 12 2024})$	$150 K$	1
Paid seats of ChatGPT Enterprise in Apr 2024 $(N_{Apr 4 2024})$	$600 K$	1

We can estimate enterprise seats 5 months after launch (Feb 2024, this plan launched in August 2023) by interpolating the growth from known data points:

ChatGPT Enterprise had 150,000 active seats[1].
Enterprise had 600,000 seats[1]

We assume exponential growth during this time, giving a monthly growth rate of apporimately 60%.

N_{Enterprise} = N_{Jan 12 2024} \cdot [(\frac{N _{Apr 4 2024}}{N _{Jan 12 2024}})^{\frac{1}{Days Jan 12 - Apr 4}}]^{Days Jan 12 - Feb 1} = 150, 000 \cdot [(\frac{600 , 000}{150 , 000})^{\frac{1}{82}}]^{20} \approx 200, 000

Supporting Evidence

[1]
OpenAI has seen a 4x growth in its enterprise users from 150,000 in January 2024 to 600,000 in April 2024.
cryptoslate.com/chatcpt-reports-600k-enterprise-users-evidencing-demand-for-data-protection/

1
Sources of OpenAI's reported $3.4B ARR on June 12 2024