T
Tessera
Buy, sell and mint fractions of NFTs
About Tessera
Tessera, formerly known as Fractional, is a platform that specializes in the fractionalization of non-fungible tokens (NFTs). The company provides a protocol that allows for the collective ownership and governance of valuable NFTs. This is achieved by locking an NFT into a vault and then issuing 'fractions' or tokens that represent ownership of the underlying asset. These fractions can then be bought and sold by a wider range of collectors and investors, making high-value NFTs more accessible to a broader market.
The business model of Tessera is centered around facilitating the creation and trading of these NFT fractions. The platform likely generates revenue through fees associated with the fractionalization process, as well as transaction fees on the secondary market for these fractions. By enabling collective ownership, Tessera also caters to groups of individuals or DAOs (Decentralized Autonomous Organizations) who wish to jointly acquire and manage digital assets.
The market for Tessera's services includes NFT collectors, digital art investors, and communities within the Web3 ecosystem. The platform addresses the issue of low liquidity and high entry barriers in the market for premium NFTs. By breaking down single, expensive assets into smaller, more affordable pieces, Tessera introduces a new layer of liquidity and opens up new investment opportunities in the digital art space.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- Fort Lauderdale, United States
- Employees
- 4
- Open positions
- None listed
- Dealroom signal
- 62.3/100
- Industry
- Fintech
- Sub-industry
- Crypto and DeFi
- Sector
- Fintech, NFT, Ethereum Ecosystem, Hard Tech
- Technology
- Blockchain
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Aug 2022 | $20M | $80M | Focus Labs · Yunt Capital · Uniswap Labs Ventures · eGirl Capital | ↗ |
| EARLY VC✓Equity / VC | Mar 2022 | $16M | $62M | Undisclosed | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Tessera is 2K monthly website visits, down 39.4% over the last three months. Tessera's team declined 33.3% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
Robot Ventures
Paradigm
Divergence Ventures
Delphi Ventures
Variant
Series A4 investors entered at this stage
Focus Labs
Yunt Capital
Uniswap Labs Ventures- ECeGirl Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Tessera on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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