About Opal
Opal is a company based in Vancouver (Canada) founded in 2024 by Alex Steele. It operates as a FinTech and SaaS (Software-as-a-Service). Opal has raised $1.5 million across 1 funding round from investors including Founders' Co-op and Exit North Ventures. Opal offers products and services including Ad-Spend Credit Card and Agency Automation Tools. Opal operates in a competitive market with competitors including Mediatool, OutPoint, Dreamwell, Guideline and Advvy, among others.
- Headquarter Vancouver, Canada
- Founders Alex Steele
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Sectors
Media & Entertainment
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.5 M (USD)
in 1 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Feb 25, 2025
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Investors
Founders' Co-op
& 1 more
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Employee Count
Not available
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Products & Services of Opal
Opal offers a comprehensive portfolio of products and services, including Ad-Spend Credit Card and Agency Automation Tools.
Credit card for ad-spend with high limits offered.
Tools for contracts, invoicing, and receivables are provided.
Funding Insights of Opal
Opal has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Opal
Opal has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Founders' Co-op and Exit North Ventures.
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Seed and early-stage tech investments are made in the US.
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Investor details for Opal
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by Opal
Investment portfolio details for Opal
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Opal
Detailed financials for Opal
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- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Opal Comparisons
Peer comparison for Opal
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of Opal
Opal operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mediatool, OutPoint, Dreamwell, Guideline and Advvy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Media planning software is provided for advertisers and agencies.
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Media planning solutions provider
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AI platform enables influencer discovery and campaign automation for brands.
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Media planning tools are provided for brands and agencies.
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Workflow and productivity software is supplied to media agencies.
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Detailed competitors of Opal
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Opal
Complete news archive for Opal
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Frequently Asked Questions about Opal
Opal was founded in 2024 and raised its 1st funding round 1 year after it was founded.
Opal is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Alex Steele is the current CEO of Opal. They have also founded this company.
Opal is a funded company, having raised a total of $1.5M across 1 funding round to date.
Opal is known for offering specialized credit cards tailored for advertising spend with high credit limits and cash-back rewards. Additionally, automation solutions for ad agencies are provided, including tools for contract management, e-signatures, invoicing, and accounts receivables. Services are designed to streamline operations for advertising agencies by integrating financial and administrative functions into a single platform.
Opal offers Ad-Spend Credit Card and Agency Automation Tools.
Opal has 2 investors. Key investors include Founders' Co-op, and Exit North Ventures.