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Opal Revenue & Funding (2024)

Opal generated an estimated $10.3M in annual revenue in 2024. Source: GetLatka estimate

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Opal Revenue

In 2024, Opal's revenue reached $10.3M. The company previously reported $6.3M in 2023. Since its launch in 2019, Opal has shown consistent revenue growth.

Opal Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$2.5M$5M$7.5M$10M$12.5M201920202021202220232024$0$1.2M$4.1M$6.3M$10.3MSource: GetLatka.com
YearMilestoneSource
2024Opal Hit $10.3m revenue in October 2024Estimated
2023Opal Hit $6.3m revenue in November 2023Estimated
2022Opal Hit $4.1m revenue in June 2022Not recorded
2021Opal Hit $1.2m revenue in October 2021Not recorded
2019Launched with $0 revenue

Opal Valuation, Funding Rounds

Opal has not publicly disclosed its valuation. The company has raised $11.8M in total funding to date.

Opal has raised $11.8M in total funding across 2 rounds, most recently a $10M Series A round in 2022.

Opal Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$2.5M$0.4$5M$0.6$7.5M$0.8$10M$1$12.5M2019202020212022Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2022Series A$10M--Not recorded
2021Seed$1.8M--Not recorded

Founder / CEO

Naseem Al-Naji

CEO

Naseem Al-Naji is a Co-founder at Opal

Opal Employees & Team Size

Opal employs approximately 66 people as of 2026, up from 52 in 2023, including 5 sales reps that carry a quota.

Opal Team GrowthReported headcount over time01530456075201920202021202220232024006666Source: GetLatka.com
YearMilestoneSource
2024Reached 66 employees (December 2024)Not recorded
2024Reached 52 employees (October 2024)Not recorded
2023Reached 52 employees (November 2023)Not recorded
2022Reached 34 employees (November 2022)Not recorded
2022Reached 34 employees (June 2022)Not recorded
2021Reached 12 employees (November 2021)Not recorded
2021Reached 12 employees (October 2021)Not recorded
2020Reached 7 employees (November 2020)Not recorded

Frequently Asked Questions about Opal

What is Opal's revenue?

As of 2024, Opal generated an estimated $10.3M in annual revenue.

Who founded Opal?

Opal was founded by Naseem Al-Naji.

When was Opal founded?

Opal was founded in 2019.

Who is the CEO of Opal?

The CEO of Opal is Naseem Al-Naji.

How much funding does Opal have?

Opal raised $11.8M across 2 rounds.

How many employees does Opal have?

As of 2024, Opal had 66 employees.

Where is Opal headquartered?

Opal is headquartered in San Francisco, California, United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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