OpenSea a peer-to-peer marketplace for cryptogoods, which include collectibles, gaming items, and other non-fungible tokens (NFT) backed by a blockchain. This company was founded in 2017 by Alex Atallah and Devin Finzer and is headquartered in New York, NY. OpenSea allows anyone to buy or sell these items through a smart contract.
Estimated valuation today
-50.05% since last round
Calculated based on estimated multiplier and revenue.
Estimated multiplier for OpenSea
Calculated based on public comps and hype multiple.
Update this based on your knowledge or projections. Calculations use last 12 months revenue.
Currently selected comps have a median growth rate of 1.75%
This premium represents how much of a bonus the company receives on its valuation for its additional growth compared to the selected public comps. The valuation is multipled by the Hype Multiple to get the final valuation. You can read more about this from a16z.
The last round was 7 months ago.
We estimate company valuation by comparing it to similiar companies in the public market. The revenue multipler is calculated by taking a company's current valuation and dividing it by its total revenue.
Multiple at last round
Industry – FinTech
Last updated 5 mins ago.
With a revenue of $1.2B and a Hype Multiple of 1.5x,
OpenSea is estimated to be worth $6.6B.