Nft Kingpin Opensea Lands $13.3B Valuation In $300M Raise From Paradigm And Coatue
01/05/22, 2:42 AM
Money raised
$300 million
The NFT auction marketplace OpenSea had a blockbuster 2021 and as a result is seeing its private valuation grow more quickly than almost any other startup.
Company Info
Additional Info
The crypto firm announced late Tuesday that it closed a $300 million Series C round led by Paradigm and Coatue. The raise valued the startup at a massive $13.3 billion valuation, showcasing the wild growth the startup has seen in recent months. OpenSea is firmly in the sights of dozens of other NFT marketplaces but has few major competitors at the moment, though that may change as more new efforts launch and receive funding.