In 2003 Allen Institute was founded by Microsoft co-founder Paul G. Allen. The company became a leading force in nonprofit scientific research, particularly in artificial intelligence, through its division, the Allen Institute for AI (AI2). This division was established in 2014, aiming to conduct high-impact AI research for the common good and to focus on open science, foundation models, and real-world application.
Allen Institute Net Worth, Share Price, Revenue
The Allen Institute’s net worth is expected to be around $201 million (around ₹16,683 crore) with an annual revenue of $240 million (about ₹19,920 crore). Throughout its journey, the company remained committed to open, reproducible science and the responsible advancement of AI for societal benefit.
| NAME | Allen Institute (including Allen Institute for AI) |
|---|---|
| Founder/CEO | Founder: Paul G. Allen CEO (AI2): Ali Farhadi (since 2023) |
| Net worth | ~$201.5 million (net assets) Approx. ₹1,675 crore |
| Valuation | Not applicable (nonprofit, not publicly traded; valuation reflected in net assets and philanthropic endowment) |
| Revenue | Primarily from philanthropic donations, grants, and research partnerships; exact recent annual revenue not publicly disclosed |
| Stock price | Not applicable (Allen Institute is not a listed company) |
About Allen Institute
This nonprofit bioscience research organization was founded in 2003 by Paul G. Allen (co-founder of Microsoft) and his sister, Jody Allen. It is headquartered in Seattle, Washington. Initially, it was established with $100 million seed investment from Paul Allen. The institute’s mission was to accelerate scientific discovery in different fields: neuroscience, cell biology, and immunology.
The company was committed to open science and public data sharing and started its journey with Allen Brain Atlas project. The project mapped gene expression in the mouse brain which soon became the foundational resource for researchers across the globe.
Based on its success, the institute expanded and included Allen Institute for Cell Science, the Allen Institute for Immunology, the Paul G. Allen Frontiers Group, and the Allen Institute for Neural Dynamics, all housed in a state-of-the-art facility in Seattle’s South Lake Union neighborhood.
Around 800 scientists and staff is employed in the institute which makes it a global leader in basic science research. Currently, the institute is led by CEO Rui Costa, and continues to drive forward collaborative, interdisciplinary research, providing free resources and data to the global scientific community and accelerating progress in understanding the fundamental mechanisms of life.
Another projects like Semantic Scholar have notably contributed to scientific discovery and public health, also during the COVID-19 pandemic.
Allen Institute Net Worth and Valuation
According to ProPublica, The Allen Institute net worth is around $201 million (around ₹16,683 crore). The organization’s reported total assets are valued at $351 million (approximately ₹29,133 crore.
The institute’s valuation is inapplicable in the conventional sense and since it is not publicly traded, it has no share price.
Mostly, the fundings comes from grants, investment income, and philanthropic contributions. Around 97% of the revenue is derived from donations and contributions.
| NAME | Allen Institute (USA) |
| Net worth | $201 million | ₹16,683 crore |
| Valuation | Not applicable (nonprofit) |
| Revenue | $240 million | ₹19,920 crore |
| Stock price | Not applicable (not listed) |
Allen Institute Revenue
As per Cause IQ, Allen Institute’s revenue is $240 million (about ₹19,920 crore). The revenue is generated from multiple sources:
Federal grants and contracts ($65.2 million)
Contributions ($157.5 million)
Other grants and contracts ($8.2 million)
Along with license revenue, investment income, and miscellaneous sources.
Such massive revenue for this nonprofit organization enables it to support large-scale, open-science research initiatives in neuroscience, immunology, AI, and cell science.
Allen Institute Share Price and Market Share
Since the organization is not publicly traded and is a nonprofit identity, it does not have a share price. Also, it does not compete for commercial market share. Instead, for it, the market share is its influence and leadership within the global nonprofit bioscience research sector. It is recognized there as a leading institution in neuroscience, cell science, immunology, and artificial AI.
Key Financial and Organizational Facts
| Metric | Value/Status |
|---|---|
| Share Price | Not applicable (not publicly traded) |
| Market Share | Not applicable in commercial terms; among the most influential nonprofit bioscience institutes globally |
| Revenue | $240.4 million (₹19,955 crore) in 2023 |
| Net Assets | $201.5 million (₹16,683 crore) at end of 2023 |
| Total Assets | $351.4 million (₹29,133 crore) at end of 2023 |
Allen Institute Owner Net Worth
The net worth of Allen Institute owner at the time of his death (2018) is estimated at $20.3 billion, according to Forbes. Paul G. Allen (owner) asset (investments, real estate, sports team, and art) were placed in a trust that was overlooked by his sister Jody Allen. As per the instructions, Paul’s assets were to be used to fund the philanthropic causes undertaken by the Paul G. Allen Family Foundation.
Investments and Acquisitions
Since it is a nonprofit organization, it does not acquire or invests in companies. The only major investments made by the Institute are in large-scale scientific initiatives like the Allen Brain Atlas and other open science projects—funded by the endowment established by Paul G. Allen and ongoing contributions.
NOTE: the Allen Investment Management, LLC is not directly related to the Allen Institute’s nonprofit scientific mission and is a separate entity focused on financial portfolio management. It’s portfolio is valued at over $8.5 billion with holdings in several companies like Visa, Amazon, Microsoft, and UnitedHealth Group.
These two entities should not be conflated on the basis of their name and work.
