OpenSea cut about 20% of staff during the crypto winter and said it would have roughly 230 employees after the reduction.
SourceOpenSea is theOpenSea is the best place to trade everything onchain —…
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
OpenSea is a non-custodial marketplace for NFTs and tokens, founded in 2017 and now rebuilt around OS2 for cross-chain trading, minting, and developer tooling.
Primary product
OS2, OpenSea’s non-custodial NFT and token trading marketplace
Founded
2017
Headquarters
Miami, Florida, United States
Team size
300-400
Work style
Remote
Industry
Software Development
Sub-industry
NFT marketplace and onchain token trading platform
Offices
Business model
Stage
Series C / late-stage private
Total raised
$427.2M
Latest round
Series C · Jan 2022
Latest amount
$300M
Jan 2022 · Paradigm and Coatue
Jul 2021 · Andreessen Horowitz
Mar 2021 · Andreessen Horowitz
Nov 2019
May 2018 · 1confirmation
Mar 2018 · Y Combinator
Leadership
Co-Founder and CEO
Chief Technology Officer
General Counsel
Head of Business Development & Partnerships
Founders
Co-Founder
Investors
Remote-first by design, small and fast-moving, ownership-oriented, and described in public postings as a talent-dense team that values trust, urgency, progress, and hands-on execution.
Work style
Remote
Compensation
Public job postings show U.S. base salary bands roughly from $140k-$210k for marketing, $195k-$280k for legal, and $270k-$350k for security, plus benefits and equity; internationally based pay varies by local market.
Benefits
Pricing
Transaction-fee marketplace; public token-trading coverage in 2025 cited a 0.9% fee on aggregated swaps.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$300M-$400M
Estimated monthly visits
3.3M
Traffic estimate as of Jan 2026
OpenSea cut about 20% of staff during the crypto winter and said it would have roughly 230 employees after the reduction.
SourceOpenSea cut roughly half its employees, over 100 people, as it pivoted to OpenSea 2.0.
SourceOpenSea said it received an SEC Wells notice and pledged $5M for legal fees for NFT artists and developers who receive Wells notices.
SourceOpenSea acquired Dharma Labs and named co-founder and CEO Nadav Hollander as CTO.
SourceOpenSea acquired Gem to invest in a pro-user experience and kept Gem operating independently.
SourceOpenSea acquired Rally, adding Rally CEO Chris Maddern to its leadership as incoming CTO.
SourceCoinDesk · Jul 2025
OpenSea acquired Rally, and Rally CEO Chris Maddern was named incoming CTO as OpenSea continued its move toward token trading and a mobile-first onchain experience.
OpenSea · May 2025
OpenSea said OS2 was out of beta, token trading was live across 19 chains, and a new rewards program called Voyages had launched.
OpenSea · Mar 2025
OpenSea introduced OS2 as a rebuilt platform with unified NFT and token trading, cross-chain purchasing, and liquidity aggregation.
OpenSea · Aug 2024
OpenSea said it had received a Wells notice from the SEC and pledged $5 million to cover legal fees for NFT artists and developers who receive Wells notices.
The Block · Nov 2023
OpenSea reduced headcount by about half as it shifted to OpenSea 2.0 and a smaller team structure focused on product and platform quality.