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OpenOcean - About the company

OpenOcean is a seed company based in California City (United States), founded in 2020. It operates as a DEX aggregator. OpenOcean has raised an undisclosed amount in funding from Binance. The company has 487 active competitors, including 90 funded and 8 that have exited. Its top competitors include companies like Uniswap, 0x and 1inch.

Company Details

It finds exchange prices for traders on aggregated decentralized exchanges and crypto exchanges by applying a routing algorithm. It also provides users with APIs to support specific investment strategies and provides institutional investors with tailor-made user interfaces.
Social
X
Email ID
*****@openocean.finance
Key Metrics
Founded Year
2020
Location
California City, United States
Stage
Seed
Latest Funding Round
Investors
Ranked
Employee Count
19 as on Jul 31, 2026
Investment & Acquisitions
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OpenOcean's funding and investors

OpenOcean has raised funding over 2 rounds. Its first funding round was on Mar 09, 2021. OpenOcean has 7 institutional investors.

Here is the list of recent funding rounds of OpenOcean:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 12, 2021
7658633
ICO
2982892
8767972
8073729
7178649
Mar 09, 2021
7717750
Seed
4934406
2787988
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OpenOcean's founders and board of directors

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OpenOcean's employee count trend

OpenOcean has 19 employees as of Jul 26. Here is OpenOcean's employee count trend over the years:
Employee count trend for OpenOcean
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OpenOcean's Competitors and alternates

Top competitors of OpenOcean include Uniswap, 0x and 1inch. Here is the list of Top 10 competitors of OpenOcean, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Uniswap
Uniswap
2018, New York City (United States), Series B
Provider of a decentralized exchange platform for cryptocurrency
$176M
79/100
2nd
Logo for 0x
0x
2016, San Francisco (United States), Series B
Open protocol for decentralized P2P exchange
$86.9M
68/100
3rd
Logo for 1inch
1inch
2019, Tortola (United Kingdom), Series B
Decentralized financial solutions
$190M
67/100
4th
Logo for Bitfinex
Bitfinex
2012, Hong Kong (China), Funding Raised
Online cryptocurrency trading platform
-
67/100
5th
Solana-based decentralized platform offering a swap aggregator service
$35M
65/100
6th
Provider of blockchain-based market makers for cryptocurrencies
-
64/100
7th
Logo for ShapeShift
ShapeShift
2015, London (United Kingdom), Series A
Online trading platform for cryptocurrency
$12.5M
62/100
8th
Logo for Portal to Bitcoin
Portal to Bitcoin
2018, San Francisco (United States), Series A
Decentralized bitcoin exchange and interoperability protocol
$92.5M
60/100
9th
Logo for LI.FI
LI.FI
2021, Berlin (Germany), Series A
Online platform for DEX aggregation of cross-chain bridging, swapping, and messaging
$52M
58/100
10th
Logo for IDEX
IDEX
2016, San Francisco (United States), Acquired
Decentralized exchange platform for cryptocurrencies
$2.5M
57/100
13th
Logo for OpenOcean
OpenOcean
2020, California City (United States), Seed
DEX aggregator
-
54/100
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OpenOcean's Investments and acquisitions

OpenOcean has not made any acquisitions yet. OpenOcean has made 6 investments.
Here is the list of latest three $investments:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Mar 29, 2023
Investments
2016
Berlin (Germany)
Jan 26, 2023
Investments
2018
Cambridge (United Kingdom)
Jul 22, 2022
Investments
2018
Espoo (Finland)
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Reports related to OpenOcean

Here is the latest report on OpenOcean's sector:

News related to OpenOcean

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Media has covered OpenOcean for a total of 4 events in the last 1 year, 1 of them has been about company updates.
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