Tech Company Financing Transactions
OpenSea Funding Round
Coatue Management, Paradigm and private investors participated in a $300 million Series C funding round for OpenSea. The round was recorded on 1/7/2022.
Transaction Overview
Company Name
Announced On
1/7/2022
Transaction Type
Venture Equity
Amount
$300,000,000
Round
Series C
Investors
Coatue Management (Lead Investor)
Paradigm (Lead Investor)
Proceeds Purpose
We have four goals for this funding: 1) accelerate product development, 2) significantly improve customer support and customer safety, 3) meaningfully invest in the wider NFT and Web3 community, and 4) grow our team.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
205 Hudson St.
New York, NY 10013
USA
New York, NY 10013
USA
Phone
Undisclosed
Website
Email Address
Overview
OpenSea is proud to remain the largest general marketplace for user-owned digital items, with the broadest set of categories (20 and growing), the most items (over 700,000), and the best prices. We're doing this through a community of passionate users and developers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Devin Finzer
Chief Technical Officer
Alex Atallah
VP - Product Management
Nate Chastain
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