OpenSea was founded in 2017 by Devin Finzer and Alex Atallah. OpenSea has not officially endorsed a plan to participate in an IPO.
OpenSea is a digital asset and NFT marketplace. Per Forge data, OpenSea has raised a total of $427.2 million in funding over 7 rounds. Their latest funding was raised on Jan 5, 2022, from a Series C round. Key investors include Andreessen Horowitz, Coatue, 1confirmation, Cashican People LLC, Y Combinator, and Paradigm.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
01/04/2022 | Series C | $300MM | $xx.xx | $13.3B | Paradigm, Coatue | |
Price per Share
$xx.xx
Shares Outstanding
4,672,270
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Paradigm, Coatue
|
||||||
07/20/2021 | Series B | $98.96MM | $xx.xx | $1.5B | Andreessen Horowitz, Coatue, CAA, Connect Ventures, Michael Ovitz, Kevin Hartz, Kevin Durant, Ashton Kutcher | |
Price per Share
$xx.xx
Shares Outstanding
13,011,920
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Coatue, CAA, Connect Ventures, Michael Ovitz, Kevin Hartz, Kevin Durant, Ashton Kutcher
|
||||||
03/18/2021 | Series A | $23.2MM | $xx.xx | $153.05MM | Andreessen Horowitz, Naval Ravikant, Mark Cuban, Alexis Ohanian, Dylan Field, Linda Xie | |
Price per Share
$xx.xx
Shares Outstanding
34,080,470
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Naval Ravikant, Mark Cuban, Alexis Ohanian, Dylan Field, Linda Xie
|
||||||
05/10/2018 | Series A-3 | $2.09MM | $xx.xx | $35.32MM | Founders Fund, 1confirmation, Foundation Capital, Blockchain Capital, Coinbase Ventures, Chernin Group, Stable Fund, Blockstack | |
Price per Share
$xx.xx
Shares Outstanding
9,868,360
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund, 1confirmation, Foundation Capital, Blockchain Capital, Coinbase Ventures, Chernin Group, Stable Fund, Blockstack
|
||||||
05/10/2018 | Series A-2 | $1.75MM | $xx.xx | $35.32MM | Founders Fund, 1confirmation, Foundation Capital, Blockchain Capital, Coinbase Ventures, Chernin Group, Stable Fund, Blockstack | |
Price per Share
$xx.xx
Shares Outstanding
16,578,420
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund, 1confirmation, Foundation Capital, Blockchain Capital, Coinbase Ventures, Chernin Group, Stable Fund, Blockstack
|
||||||
05/10/2018 | Series A-1 | $488,496 | $xx.xx | $35.32MM | Founders Fund, 1confirmation, Foundation Capital, Blockchain Capital, Coinbase Ventures, Chernin Group, Stable Fund, Blockstack | |
Price per Share
$xx.xx
Shares Outstanding
6,921,180
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund, 1confirmation, Foundation Capital, Blockchain Capital, Coinbase Ventures, Chernin Group, Stable Fund, Blockstack
|