OpenDoor Labs
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OpenDoor Labs

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    • Real Estate & Constructionmarketplaceproperty managementreal estate salesresidential real estate
    Opendoor is an online home-selling service aimed at streamlining the sales process down to a few days. The Company works hard to understand what consumer's home is worth, and makes it easy for them to sell their home for a competitive price. Opendoor is helping clients find and seamlessly buy their dream homes.
    Revenue(Y, 2017)
    $200 M
    Market valuation(2018-03-29)
    $2 B
    Total Funding
    $645.6 M
    Type
    Private
    HQ
    San Francisco, US
    Founded
    2014
    Size (employees)
    697 (est)+9%
    Website
    opendoor.com
    OpenDoor Labs was founded in 2014 and is headquartered in San Francisco, US
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    Key People/Management at OpenDoor Labs

    Eric Wu

    Eric Wu

    CEO
    Gautam Gupta

    Gautam Gupta

    COO
    JD Ross

    JD Ross

    Co-Founder
    Ian Wong

    Ian Wong

    Co-Founder
    Show more

    OpenDoor Labs Office Locations

    OpenDoor Labs has offices in Dallas, Scottsdale, San Francisco and Las Vegas
    San Francisco, US (HQ)
    116 New Montgomery St
    Dallas, US
    1440 Regal Row
    Scottsdale, US
    6360 E Thomas Rd
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    OpenDoor Labs Financials and Metrics

    Summary Metrics

    Founding Date

    		2014

    OpenDoor Labs total Funding

    		$645.6 m

    OpenDoor Labs latest funding size

    		$325 m

    Time since last funding

    		2 months ago

    OpenDoor Labs investors

    		Slow Ventures, Joe Greenstein, Joshua Kushner, Sam Altman, Gideon Yu, Trevor Traina, Access Technology Ventures, Andy Rankin, Naval Ravikant, Norwest Venture Partners, Aaron Levie, Norwest Venture Partners - NVP, Solon Mack Capital, Mike Hirshland, General Atlantic, Lakestar, Raymond Tonsing, Alexis Ohanian, Jeremy Stoppelman, Invitation Homes, David Sacks, Dan Rose, Om Malik, Oliver Thylmann, CrunchFund, Sherpa Capital, Harjeet Taggar, GGV Capital, Fifth Wall, Rick Marini, Adam D'Angelo, Access Industries, Garry Tan, Charlie Cheever, Signatures Capital, Karim Elsahy, Mike Greenfeld, Coatue Management, Elad Gil, SVB Capital, Max Levchin, Thrive Capital, Lennar Corporation, Haystack, Michael Arrington, Initialized Capital, Felicis Ventures, SV Angel, Felicis Venture, Bobby Yazdani, David King, Dave Morin, Kevin Hartz, Khosla Ventures, New Enterprise Associates, Caffeinated Capital, NEA, Eric Kagan
    OpenDoor Labs's latest funding round in June 2018 was reported to be $325 m. In total, OpenDoor Labs has raised $645.6 m. OpenDoor Labs's latest valuation is reported to be $2 b.
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    OpenDoor Labs Revenue

    OpenDoor Labs's revenue was reported to be $200 m in Y, 2017 which is a 300% increase from the previous period.
    USD

    Revenue (Y, 2017)

    		200 m

    Revenue growth (Y, 2016 - Y, 2017), %

    		300%

    Market valuation

    		2 b
    USDY, 2016EY, 2017E

    Revenue

    		50 m200 m

    Revenue growth, %

    		300%
    show all
    USDY, 2017

    Revenue/Employee

    		662.9 k
    Show all financial metrics

    OpenDoor Labs Operating Metrics

    OpenDoor Labs's Customers was reported to be 6.2 k in Y, 2017.
    Y, 2016Y, 2017

    Customers

    		6.23 k

    Locations

    		2
    Show all operating metrics

    Human Capital Metrics

    Source: www.deartechpeople.com
    OpenDoor Labs's employees are reported to be approximately 38% female and 62% male.
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    Competitors

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    Foxtons Group
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    OpenDoor Labs Online and Social Media Presence

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    OpenDoor Labs News and Updates

    November 30, 2016

    Silicon Valley Upstart Opendoor Is Changing The Way Americans Buy And Sell Their Homes

    Opendoor is betting that there are hundreds of thousands of Americans who value the certainty of a sale over getting the highest price. The company makes money by taking a service fee of 6%, similar to the standard real estate commission, plus an additional fee that varies with its assessment of the…
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    OpenDoor Labs Company Life and Culture

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