See other companies on Welcome to the Jungle
Tessera
Fractional ownership NFT marketplace
- 21-100 employees
- B2C
- Marketplace
- Blockchain
- Art
- Web 3.0
- SoHo, New York, NY
Jump to section
Company mission
To unlock ownership of the world’s most sought after NFTs.
Our take
NFTs have exploded in popularity. Once niche, they’re now at the forefront of the artistic and cultural conversation, and their prices have exploded correspondingly. Tessera, formerly known as Fractional, sets out to make financially inaccessible NFTs accessible through shared ownership.
The premise is simple - rather than buying a whole NFT, you buy a fraction of one for an equivalent fraction of the price. It opens the door to people who wouldn’t otherwise be able to buy, and also allows owners to liquidate some of their assets without having to sell an entire NFT.
Despite there being much bigger players in the NFT space, Tessera’s unique offering marks it out from the crowd. It plans on using recent funding to launch its new V2 protocol, as well as exploring ways to help its NFT investing customers gain shares in more valuable NFTs than they bought into.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- A remote work environment
- 7 additional company holidays, including all-company week-long winter break
- Flexible working hours and location
- We arrange social activities to help our employees become familiar with each other and our culture
Funding (last 2 of 4 rounds)
Aug 2022
$20m
SERIES A
Mar 2022
$15.6m
EARLY VC
Total funding: $42.4m
Leadership
Andy Chorlian
(CEO)Former Blockchain Developer at MakerDAO, Lead Blockchain Engineer at Hydrogen, and Software Engineer at Hedgeable and eMoney Advisor.