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How Opal CEO Naseem Al-Naji grew Opal to $10.3M revenue with a 66 person team in 2024.

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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 by year$0$3M$5M$8M$10M$13M201920202021202220232024$0$1M$4M$6M$10MSource: GetLatka.com
YearMilestoneQuote
2024Opal Hit $10.3m revenue in October 2024
2023Opal Hit $6.3m revenue in November 2023
2022Opal Hit $4.1m revenue in November 2022
2022Opal Hit $4.1m revenue in June 2022
2021Opal Hit $1.2m revenue in November 2021
2021Opal Hit $1.2m revenue in October 2021
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$3M$5M$8M$10M$13M20192020202120222019 cumulative: $0 • 2019 Founded: $02021 cumulative: $2M • 2019 Founded: $0 • 2021 Seed Round: $2M2022 cumulative: $12M • 2019 Founded: $0 • 2021 Seed Round: $2M • 2022 Series A: $10M$12M2019 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2022Series A$10M--
2021Seed Round$1.8M--

Founder / CEO

Naseem Al-Naji

Naseem Al-Naji is a Co-founder at Opal

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Customers

We do not have customer count information for Opal yet.

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
YearMilestone
2024Reached 66 employees (December 2024)
2024Reached 52 employees (October 2024)
2023Reached 52 employees (November 2023)
2022Reached 34 employees (November 2022)
2022Reached 34 employees (June 2022)
2021Reached 12 employees (November 2021)
2021Reached 12 employees (October 2021)
2020Reached 7 employees (November 2020)

Frequently Asked Questions about Opal

What is Opal's revenue?

Opal generates $10.3M in revenue.

Who founded Opal?

Opal was founded by Naseem Al-Naji.

Who is the CEO of Opal?

The CEO of Opal is Naseem Al-Naji.

How much funding does Opal have?

Opal raised $11.8M.

How many employees does Opal have?

Opal has 66 employees.

Where is Opal headquarters?

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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