.
MergerLinks Header Logo

Announced

Completed

Paradigm and Coatue led a $300m Series C funding round in OpenSea.

Financials

Edit Data
Transaction Value£222m
Consideration TypeCash
Capital Owned-
Capital Bid For2%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

FinTech

Minority

Acquisition

Private

United States

financial services

Private Equity

Domestic

Completed

Venture Capital

fintech

Synopsis

Edit

Paradigm, a fund manager, and Coatue, a global investment manager, led a $300m Series C funding round in OpenSea, an operator of a peer-to-peer marketplace. Existing investors also participated. "We have four goals for this funding: accelerate product development, significantly improve customer support and customer safety, meaningfully invest in the wider NFT and Web3 community, and grow our team," Devin Finzer, OpenSea Co-Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US