Orrick Advises OpenSea on $100 Million Series B Round


Congratulations to our client OpenSea, the largest NFT marketplace, on its $100 million Series B financing round, bringing OpenSea’s valuation to $1.5 billion. The round was led by a16z, with participation from Coatue, along with Michael Ovitz, Kevin Hartz, Dylan Field, Kevin Durant, Ashton Kutcher and Tobie Lutke.

The Orrick team advising OpenSea is led by Josh Pollick and Joseph Perkins, and includes Isabella Fu, Jake Routhier, Jenée Iyer, Andrew Barlow, Alexis Savini, Jennifer Clarke-Smith and Rob Uriarte.