OpenSea - About the company
OpenSea is a series C company based in New York City (United States), founded in 2017 by Devin Finzer, Alex Atallah and Vaibhav Saini. It operates as a Blockchain-based web3 marketplace. OpenSea has raised $427M in funding from investors like Andreessen Horowitz, Coatue and Animoca Brands, with a current valuation of $13.3B. The company has 1216 active competitors, including 203 funded and 17 that have exited. Its top competitors include companies like Magic Eden, Zora and Crossmint.
Sectors and market segments that OpenSea operate in
OpenSea serves in the FinTech, Blockchain Technology market segments.The primary business model of OpenSea are:Company Details
Blockchain-based web3 marketplace. It enables the creation, buying, selling, and auctioning of non-fungible tokens. It allows users to browse, create, buy, sell, and auction unique digital goods. It provides a platform for creators to showcase their digital art, collectibles, and other unique digital items to a global audience.
- Website
- opensea.io
- Email ID
- *****@opensea.io
- Registered Address
- 44 Main Street, Douglas, South Lanarkshire, Scotland, ML11 0QW
Key Metrics
Founded Year
2017
Location
New York City, United States
Stage
Series C
Total Funding
$427M in 6 rounds
Latest Funding Round
Post Money Valuation
$13.3B as on Jan 04, 2022
Investors
Ranked
1st among 1216 active competitors
Employee Count
707 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with OpenSea
OpenSea is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FAIRWIND EXPERTS L.P. CIN: SL016759 , Germany, Active | May 27, 2014 | - | - |
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OpenSea's funding and investors
OpenSea has raised a total funding of $427M over 6 rounds. Its first funding round was on Mar 16, 2018. Its latest funding round was a Series C round on Jan 04, 2022 for $300M. 2 investors participated in its latest round. OpenSea has 51 institutional investors and 24 angel investors.
Here is the list of recent funding rounds of OpenSea:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 04, 2022 | $300M | Series C | $13.3B | - | - | |
Jul 20, 2021 | $100M | Series B | $1.5B | - | ||
Mar 18, 2021 | $23M | Series A | - | - | A.Capital Ventures, Ron Conway, Mark Cuban, Tim Ferriss, Belinda Johnson, Ben Silbermann, Naval Ravikant, Balaji Srinivasan, Standard Crypto, Pascal Capital, Flamingo, Blockchain Capital, 1confirmation, Dylan Field, Devin Finzer, Regan Bozman, Alexis Ohanian, Linda Xie, Regan Bozman, Bill Lee, Avichal Garg, 3LAU, Metapurse, Justin Kan, Andrew Steinwold, Rac, Kevin Hartz |
View details of OpenSea's funding rounds and investors
OpenSea's founders and board of directors
Founder? Claim ProfileThe founders of OpenSea are Devin Finzer, Alex Atallah and Vaibhav Saini. Devin Finzer is the CEO of OpenSea.
Here are the details of OpenSea's key team members:
- Devin Finzer: Co-Founder & CEO of OpenSea and founder of 2 other companies, Atomic Bazaar and Eye Chart Pro. They are also an angel investor in 2 startups.Contact Info: 1 email address
- Alex Atallah: Former Co-Founder of OpenSea and founder of 1 other company. They are also an angel investor in 2 startups.
- Vaibhav Saini: Co-Founder of OpenSea and founder of 1 other company. They are also an angel investor in 1 startup.Contact Info: 1 email address
View details of OpenSea's Founder profiles and Board Members
OpenSea's employee count trend
OpenSea has 707 employees as of Jul 26. Here is OpenSea's employee count trend over the years:
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OpenSea's Competitors and alternates
Top competitors of OpenSea include Magic Eden, Zora and Crossmint. Here is the list of Top 10 competitors of OpenSea, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | OpenSea 2017, New York City (United States), Series C | Blockchain-based web3 marketplace | $427M | 78/100 | |
2nd | Magic Eden 2021, San Francisco (United States), Series B | Online marketplace for non-fungible tokens | $157M | 69/100 | |
3rd | Zora 2020, Sacramento (United States), Seed | Online marketplace for NFTs | $62.6M | 64/100 | |
4th | Crossmint 2022, Miami (United States), Series A | Online platform to create, sell & distribute NFTs | $23.6M | 62/100 | |
5th | Metaplex 2021, Chicago (United States), Series C | Online platform for developing NFTs marketplaces | $46M | 60/100 | |
6th | FLOKI 2003, New York City (United States), Funding Raised | Digital currency that is issued based on memes on social media | - | - | 55/100 |
7th | Online platform for trading crypto and NFT tokens | $4.58M | 55/100 | ||
8th | Blockchain abstraction solutions for enterprises | $3.4M | 52/100 | ||
9th | Rarible 2019, Wilmington (United States), Series A | Online marketplace offering blockchain based digital art | $16M | 52/100 | |
10th | Blockchain ecosystem offering multiple solutions | $25M | 51/100 |
Looking for more details on OpenSea's competitors? Click here to see the top ones
OpenSea's Investments and acquisitions
OpenSea has made 33 investments in companies including LayerZero Labs Canada Inc and Demox Labs. OpenSea has also acquired 2 companies including Dharma and Atomic Bazaar.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Apr 17, 2025 | Investments | 2021 | Vancouver (Canada) | |
Jun 01, 2023 | Investments | 2021 | San Francisco (United States) | |
Apr 04, 2023 | Investments | 2021 | Vancouver (Canada) |
See all investments by OpenSea
Reports related to OpenSea
Here is the latest report on OpenSea's sector:
News related to OpenSea
Media has covered OpenSea for a total of 7 events in the last 1 year, 6 of them have been about company updates and 1 about partnerships.
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CT3 Launches On-Chain Commerce Ecosystem and Debuts First OpenSea IntegrationGlobeNewswire•Feb 20, 2026•OpenSea,
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OpenSea Confirms Q1 2026 Launch for SEA Token with Community AllocationCoinDesk•Oct 18, 2025•OpenSea
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Opensea and Coinbase One Partner to Deliver Surprise ShipmentsBitcoin•Sep 11, 2025•OpenSea, Coinbase
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Former OpenSea Manager Overturns Insider Trading Conviction on AppealCoinspeaker•Aug 01, 2025•OpenSea
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Pudgy Penguins Denies OpenSea Acquisition Rumors, Focuses on PartnershipsCryptocurrency•Jul 27, 2025•PUDGY PENGUINS, OpenSea
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NFT Platform OpenSea Acquires Rally to Bolster Token TradingBitcoin Ethereum News•Jul 09, 2025•OpenSea, Rally
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