Opalrevenue & funding
Multichannel Retail SoftwareSan Francisco, CaliforniaFounded 2019CEO Naseem Al-Naji
Opal is a Multichannel Retail Software company based in San Francisco, founded in 2019.
Opal revenue
Opal has not published its revenue. GetLatka estimates it at about $10.3M a year (October 2024).
All 4 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Oct 2021 | $1.2M | – |
| Jun 2022 | $4.1M | – |
| Nov 2023 | $6.3MEST. | GetLatka estimate |
| Oct 2024 | $10.3MEST. | GetLatka estimate |
– source not recorded
Opal funding rounds & investors
Opal has raised $11.8M across two rounds since 2021. The latest was a $10M Series A in June 2022.
| Date | Round | Raised |
|---|---|---|
| Jun 2022 | Series A | $10M |
| Oct 2021 | Seed | $1.8M |
| Total raised | $11.8M |
Opal competitors
Opal competes most directly with Okta, FusionAuth and Flagsmith.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Okta | $2.9B | $454.3M | 5,908 | 19K | 2009 |
| Opal | $10.3M | $11.8M | 66 | – | 2019 |
 FusionAuth | $10.1M | – | 27 | 50 | 2009 |
 Flagsmith | $1.5M | – | 12 | – | 2018 |
Opal CEO, founders & employees
Naseem Al-Naji founded Opal in 2019 and runs it as CEO. Opal had 66 employees (December 2024, LinkedIn), up from 52 a year earlier.
- Naseem Al-NajiFounder & CEO
All 8 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 66 | |
| Oct 2024 | 52 | |
| Nov 2023 | 52 | – |
| Nov 2022 | 34 | – |
| Jun 2022 | 34 | – |
| Nov 2021 | 12 | – |
| Oct 2021 | 12 | – |
| Nov 2020 | 7 | – |
Opal FAQ
What is Opal's revenue?
GetLatka estimates Opal's revenue at about $10.3M a year (October 2024). The company hasn't published its own figure.
How much funding has Opal raised?
Opal has raised $11.8M across two funding rounds. The latest was a $10M Series A in June 2022.
How many employees does Opal have?
Opal had 66 employees in December 2024, according to LinkedIn.
Who is the CEO of Opal?
Naseem Al-Naji is the CEO of Opal and founded the company in 2019.
Who founded Opal?
Naseem Al-Naji founded Opal in 2019.
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How this page is sourced
2 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Dec 20, 2024Data disclaimerReport a correctionClaim this profileRun Opal? Join the podcast