When was Opal founded?

Opal was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Opal located?

Opal is headquartered in San Francisco, United States.

How many employees does Opal have?

As of Sep 30, 2026, the latest employee count at Opal is 69.

Is Opal a funded company?

Opal is a funded company, having raised a total of $59M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 08, 2021.

How much is Opal worth?

The latest valuation of Opal is $***** as of Oct 28, 2025.

When was the latest funding round of Opal?

Opal's latest funding was a $***** Series C round on Jun 04, 2026, with participation from 3 investors.

Where does Opal rank among its competitors?

Opal ranks 3rd amongst 232 active competitors, of which 38 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Opal, which secured $23M in Jun, 2026.

Who are the top competitors of Opal?

Opal's top competitors include SailPoint, RSA and 1Kosmos. Among them, Opal secured the most recent funding round in June, 2026.

Opal - 2026 Company Profile, Team, Funding & Competitors

Opal is a series C company based in San Francisco (United States), founded in 2020 by Naseem Al Naji and Stephen Cobbe. It operates as a Cloud based platform offering infrastructure security solutions. Opal has raised $59M in funding from Greylock Partners and Battery Ventures, with a current valuation of $*****. The company has 232 active competitors, including 38 funded and 28 that have exited. Its top competitors include companies like SailPoint, RSA and 1Kosmos.

Company Details

Cloud-based platform offering infrastructure security solutions. The product manages and secures access to infrastructure and internal tools. The features of the product include multi-factor authentication, privilege intelligence, time-bounded access, etc. It also provides integration over Oracle, Google Cloud, Slack, Microsoft Azure, Postgres, etc.

Website: www.opal.dev/
Social
Email ID: *****@opal.dev

Key Metrics

Founded Year

2020

Location

San Francisco, United States

Stage

Series C

Total Funding

$59M in 4 rounds

Latest Funding Round

Series C, Jun 04, 2026, $*****

Post Money Valuation

$***** as on Oct 28, 2025

Investors

Greylock Partners & 9 more

Ranked

3^rd among 232 active competitors

Employee Count

69 as on Sep 30, 2026

Similar Companies

SailPoint & 257 more

View Opal's full profile

Opal has raised a total funding of $59M over 4 rounds. Its first funding round was on Oct 08, 2021. Its latest funding round was a Series C round on Jun 04, 2026 for $*****. 3 investors participated in its latest round. Opal has 6 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Opal:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 04, 2026	7051136	Series C	4895544	7322118	1184756	2147996
Dec 07, 2023	5390165	Series B	3623565	4489381	7019009	Greylock Partners & 1 more
Jun 08, 2022	1025570	Series A	3785158	9373343	9874827	Greylock Partners & 2 more

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View details of Opal's funding rounds and investors

The founders of Opal are Naseem Al Naji and Stephen Cobbe.

Here are the details of Opal's key team members:

Naseem Al Naji: Former Co-Founder of Opal.
Contact Info: 1 email address
Stephen Cobbe: Former Co-Founder of Opal.
Contact Info: 1 email address

View details of Opal's Founder profiles and Board Members

Opal's employee count trend

Opal has 69 employees as of Sep 26. Here is Opal's employee count trend over the years:

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Top competitors of Opal include SailPoint, RSA and 1Kosmos. Here is the list of Top 10 competitors of Opal, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SailPoint 2005, Austin (United States), Public	Provider of identity security solutions for modern enterprise risk management	$26.6M	Thoma Bravo, Elsewhere Partners & 10 others	76/100
2nd	RSA 1982, Bedford (United States), Acquired	Provider of identity and access management solutions for diverse environments	$7.25M	Clearlake Capital Group, Asia Pacific Ventures ... & 5 others	76/100
3rd	Opal 2020, San Francisco (United States), Series C	Cloud based platform offering infrastructure security solutions	$59M	SVCI, BoxGroup & 8 others	70/100
4th	1Kosmos 2018, Edison (United States), Series B	Block-chain-based passwordless authentication for customers	$62M	ForgePoint Capital, Gula Tech Adventures & 4 others	68/100
5th	Saviynt 2010, El Segundo (United States), Series B	Provider of AI-based identity security and access management platform solutions	$870M	Carrick Capital Partners, PNC & 7 others	68/100
6th	Silverfort 2016, Tel Aviv (Israel), Series D	Multi-factor authentication solutions provider	$222M	Brighton Park Capital, Aspect Ventures & 17 others	66/100
7th	SecureAuth 2005, Irvine (United States), Series C	Platform that features in customer identity and access management solutions	$238M	Toba Capital, K1 Investment Management & 1 others	66/100
8th	Linx Security 2023, New York City (United States), Series B	Provider of identity access management solutions	$83M	Cyberstarts, Index Ventures & 7 others	63/100
9th	Descope 2022, Los Altos (United States), Seed	Provider of a customer identity and access management (CIAM) platform	$88M	Lightspeed Venture Partners, Notable Capital ... & 14 others	62/100
10th	JumpCloud 2012, Boulder (United States), Series F	Cloud based directory management for user and IT resource authentication	$408M	Foundry, BlackRock & 35 others	62/100