- Companies
- Zora
Last Zora valuation
$600M
Undisclosed stage · May 2022
Last Zora funding round
$3M
Seed · May 2024
Cumulative funding Zora raised
$63M
across 4 funding rounds
Key investors in Zora
Coinbase Ventures
Kindred Ventures
Village Global
Paradigm
Haun Ventures
Night Ventures
About Zora
Zora operates an Ethereum-based protocol and marketplace for minting and trading non-fungible tokens representing digital art, music, videos, and collectibles. Creators set programmable royalties on secondary sales, while collectors access auctions, fixed-price listings, and collaborative ownership models. The platform integrates with major wallets and supports gasless minting through ZORA token. Zora powers NFT drops for artists like Tezos and music labels such as UnitedMasters. Headquartered in Los Angeles, California, the company launched its protocol in 2021 after initial development in 2020.
Founded
2020
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Commission
Valuation
$600M (May 2022)
Zora Valuation
Zora is currently valued at $600M, based on its undisclosed-stage round in May 2022.
The $50M round was led by Haun Ventures, with participation from Coinbase Ventures and Kindred Ventures.
Zora valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| May 2022 | Undisclosed stage | $600M |
Zora Funding History
Zora has raised a total of $63M across 4 funding rounds.
Zora's first fundraising round was a $2M seed round in October 2020. The most recent completed round was a $3M seed round in May 2024.
Zora funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2024 | Seed | - | $3M | - | Zora Labs, an onchain social network platform, conducted a Series C-II funding round on May 9, 2024, raising $2.62M from undisclosed investors. The company's most recent publicly disclosed valuation was $600M, established during its Series C round on May 5, 2022, with lead investors including Haun Ventures, Coinbase Ventures, and Kindred Ventures. In April 2025, Zora launched a governance token (ZORA) with a fully diluted valuation significantly lower than the venture equity valuation, creating a noted valuation disconnect. |
| May 2022 | Undisclosed stage | Haun Ventures (lead); Coinbase Ventures; Kindred Ventures | $50M | $600M | Zora is an NFT marketplace protocol founded in 2020 that enables users to launch NFT collections, marketplaces, and experiences using open, permissionless smart contracts like the ZORA Auction House. In May 2022, Zora raised $50 million in a funding round led by Haun Ventures, with participation from Coinbase Ventures, Kindred Ventures, and others, achieving a post-money valuation of $600 million. This marked Haun Ventures' first investment since its launch in March 2022 by Katie Haun, formerly of Andreessen Horowitz. The funds were allocated to accelerate development of Zora Labs, focused on open developer and community tools, and the Zora Protocol, a DAO-governed hyperstructure. Plans included deploying more permissionless code across multiple chains, improving APIs, expanding grants and hackathons, and launching ZoraDAO to broaden community ownership. Zora's co-founder Jacob Horne emphasized advancing public infrastructure for artists, developers, and communities. Prior to this round, Zora had raised $2 million in October 2020 and $8 million in an equities sale in March 2021. The investment reflected ongoing VC interest in NFTs despite market reports of flatlining sales, positioning Zora as a key protocol in the expanding web3 NFT ecosystem. Later developments included a Zora token launch in 2024, creating a valuation rift as the token's market cap fell significantly below the firm's $600 million valuation. |
| Mar 2021 | Series A | Paradigm (lead) | $8M | - | Zora is an NFT marketplace that enables creators to mint NFTs and earn royalties on resales. In March/April 2021, Zora raised $8 million in an undisclosed round, with Paradigm listed among its investors including Coinbase and Haun Ventures. The platform launched on Ethereum in January 2021 and emphasizes creator compensation through resale fees, contrasting with platforms like OpenSea. Zora's protocol includes an open-sourced, admin-free Auction House where curators can run NFT auctions and charge fees. Total funding across rounds reached $60 million. The company has grown to over 2 million collectors and 426k creators, with 1.1 million accounts and 67 million total transactions on its network. |
| Oct 2020 | Seed | Kindred Ventures (lead); Village Global; Night Ventures; Coinbase Ventures; Ash Egan; Rogue VC; Trevor McFedries; Jeff Staple | $2M | - | - |
Who has invested in Zora?
10 investors have backed Zora across its funding rounds, including Coinbase Ventures, Kindred Ventures, Village Global, Paradigm, Haun Ventures and Night Ventures.
Lead investors include Haun Ventures, Paradigm and Kindred Ventures.
Zora Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Oct 2020 | ||
| 2 | Lead | Oct 2020 | ||
| 1 | Participant | Oct 2020 | ||
| 1 | Participant | Oct 2020 | ||
| 1 | Lead | May 2022 | ||
| 1 | Participant | Oct 2020 | ||
| 1 | Participant | Oct 2020 | ||
| 1 | Lead | Mar 2021 | ||
This data is available for Pro users. Sign up to see all 10 Zora investors. Start Free Trial | ||||
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Start Free TrialZora Competitors
Zora competitors include listed companies like Hypoport, Nerdwallet, EverQuote and Mony Group, and private ones like Apartment List and Peek.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $694M | $78M | $590M | 0.8x | ||
| Publicly listed | $837M | $112M | $587M | 0.6x | ||
| Publicly listed | $693M | $62M | $806M | 0.8x | ||
| Publicly listed | $599M | $184M | $1.3B | 2.3x | ||
| Private | $37M | - | $600M | 16.2x | ||
| Private | - | - | $590M | - |
Zora Public Comps
Zora is still privately-owned, but its public comps include Maoyan Entertainment, Rhino Bitcoin, Cars.com, Indokripto Koin Semesta, Hypoport, Nerdwallet, DIP, eDreams ODIGEO, Hemnet and Wirtualna Polska.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $691M | $124M | 0.1x | 0.1x | 0.7x | 1.0x | |||
| $478K | ($417K) | 1242.8x | - | (1423.4x) | - | |||
| $723M | $157M | 1.4x | 1.4x | 6.5x | 4.8x | |||
| $16M | $7M | 36.9x | - | 81.1x | - | |||
| $694M | $78M | 0.8x | 0.8x | 6.9x | 6.8x | |||
| $837M | $112M | 0.6x | 0.6x | 4.7x | 3.6x | |||
| $353M | $85M | 1.5x | 1.5x | 6.1x | 7.4x | |||
| $770M | $161M | 1.1x | 1.1x | 5.4x | 5.3x | |||
This data is available for Pro users. Sign up to see all Zora competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Zora
| When was Zora founded? | Zora was founded in 2020. |
| Where is Zora headquartered? | Zora is headquartered in Los Angeles, CA, United States. |
| Is Zora publicly listed? | No, Zora is a private, VC-backed company. |
| What is Zora's valuation? | Zora was last valued at $600M in its undisclosed-stage round in May 2022. |
| How much funding has Zora raised? | Zora has raised $63M across 4 funding rounds. |
| What was Zora's last funding round? | Zora's last funding round was a $3M seed round in May 2024. |
| Who are Zora's investors? | Zora's investors include Coinbase Ventures, Kindred Ventures, Village Global, Night Ventures, Haun Ventures, Ash Egan, Rogue VC, Paradigm, Trevor McFedries and Jeff Staple. |
| Which companies are comparable to Zora? | Companies comparable to Zora include Hypoport, Nerdwallet, EverQuote, Mony Group, Apartment List and Peek. |
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