Company Growth (employees)
Opendoor was founded in 2014 and is headquartered in San Francisco, US
Key People at Opendoor
Eric Wu
CEO
Gautam Gupta
COO
JD Ross
Co-founder
Ian Wong
Co-founder
Evan Moore
General Manager
Opendoor Office Locations
Opendoor has offices in San Francisco, Las Vegas, Dallas and Scottsdale
San Francisco, US (HQ)
116 New Montgomery St
Scottsdale, US
6360 E Thomas Rd
Dallas, US
1440 Regal Row
Opendoor Data and Metrics
Summary Metrics
Founding Date | 2014 |
Total Funding | $320 m |
Latest funding size | $210 m |
Time since last funding | 9 months |
Investors | Slow Ventures, Joe Greenstein, Joshua Kushner, Sam Altman, Gideon Yu, Trevor Traina, Andy Rankin, Naval Ravikant, Norwest Venture Partners, Aaron Levie, Norwest Venture Partners - NVP, Solon Mack Capital, Mike Hirshland, Lakestar, Raymond Tonsing, Alexis Ohanian, Jeremy Stoppelman, Caffeinated Capital, David Sacks, Eric Kagan, Dan Rose, Om Malik, Oliver Thylmann, CrunchFund, Sherpa Capital, Harjeet Taggar, GGV Capital, Semil Shah, Fifth Wall, Rick Marini, Adam D'Angelo, Access Industries, Garry Tan, Charlie Cheever, Signatures Capital, Karim Elsahy, Mike Greenfeld, Elad Gil, SVB Capital, Max Levchin, Thrive Capital, Michael Arrington, Initialized Capital, Felicis Ventures, SV Angel, Felicis Venture, Bobby Yazdani, David King, Dave Morin, Kevin Hartz, Khosla Ventures, New Enterprise Associates |
Opendoor's latest funding round in December 2016 was reported to be $210 m. In total, Opendoor has raised $320 m. Opendoor's latest valuation is reported to be $1 b.
Opendoor Financial Metrics
Opendoor's revenue was reported to be $200 m in 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 | 1 b |
- Source: , Forbes
| USD | Y, 2016E | Y, 2017E |
|---|---|---|
Revenue | 50 m | 200 m |
Revenue growth, % | 300% |
- Source: Forbes
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 754.4 k |
Opendoor Job Categories
Market Position of Opendoor
Traffic Overview of Opendoor
Opendoor Online and Social Media Presence
Opendoor 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…
December 02, 2016
Opendoor, the Online Marketplace for Home Buyers and Sellers, Raises $210 Million in Series D Financing
PRESS RELEASE: Opendoor announces the closing of its $210M Series D led by Jeff Crowe at Norwest Venture Partners with participation from NEA and existing investors. Opendoor, the consumer marketplace for homes, will use the capital to expand on its...
December 01, 2016
Opendoor raises $210 million to buy and sell even more homes
Buying and selling houses is not cheap. As such, Opendoor, a San Francisco startup that buys and sell homes, has raised $210 million in a new funding round led by Norwest Venture Partners, with NEA, Khosla Ventures, GGV Capital and others also participating. The new funding comes just over a year af…
December 01, 2016
Online real estate service OpenDoor raises $210M Series D despite risky financing model
This afternoon, Norwest Venture Partners announced that it led a massive $210 million Series D investment round in OpenDoor. With the new capital, the startup is looking to expand the usage of its marketplace platform for buying and selling real estate to 10 cities. OpenDoor is unique in that it ow…
November 30, 2016
Opendoor Raises $210 Million to Buy and Sell Even More Homes
The two-year-old company plans to expand to 10 new markets in 2017.