OpenDoor

OverviewSuggest Edit

Opendoor is an online home-selling service aimed at streamlining the sales process down. The company is helping clients find and buy homes, as well as makes it easy for them to sell their home for a competitive price.
TypePrivate
Founded2014
HQSan Francisco, USMap
Websiteopendoor.com
Employee Ratings4.5More
View Jobs (35)

Recent NewsAll News

Latest Updates

Employees (est.) (Jul 2020)887(-5%)
Job Openings35
Revenue (Y, 2017)$200 M(+300%)
Cybersecurity ratingCMore

Key People/Management at OpenDoor

Eric Wu

Eric Wu

Co-Founder, CEO
Ian Wong

Ian Wong

Co-Founder, CTO
Julie Todaro

Julie Todaro

President of Homes and Services
Gautam Gupta

Gautam Gupta

Chief Financial Officer & Chief Business Officer
Tom Willerer

Tom Willerer

CPO
Sheila Tran

Sheila Tran

Head of Communications
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OpenDoor Office Locations

OpenDoor has offices in San Francisco, Atlanta, Austin, Bloomington and in 18 other locations
San Francisco, US (HQ)
McKesson Plaza, 1 Post St Floor 11, San Francisco
Atlanta, US
84 Walton St NW #120
Austin, US
901 Mopac Expressway South, Barton Oaks Plaza One, Suite 300
Bloomington, US
7760 France Ave S #1100
Charlotte, US
128 S Tryon St
Dallas, US
5307 E Mockingbird Ln #220
Show all (22)

OpenDoor Financials and Metrics

Summary Metrics

Founding Date

2014

OpenDoor total Funding

$1.3 b

OpenDoor latest funding size

$300 m

Time since last funding

a year ago

OpenDoor investors

GGV Capital, Lakestar, Access Industries, New Enterprise Associates, Norwest Venture Partners - NVP, Khosla Ventures, SV Angel, Bobby Yazdani, Thrive Capital, CrunchFund, Naval Ravikant, Dave Morin, Coatue Management, Haystack, Alexis Ohanian, Garry Tan, Aaron Levie, Sam Altman, Max Levchin, Mike Hirshland, Slow Ventures, Jeremy Stoppelman, Kevin Hartz, General Atlantic, Elad Gil, Rick Marini, David King, Michael Arrington, Raymond Tonsing, Andy Rankin, David Sacks, Sherpa Capital, Joe Greenstein, Adam D'Angelo, Joshua Kushner, Charlie Cheever, Harjeet Taggar, Gideon Yu, Dan Rose, Signatures Capital, SVB Capital, Eric Kagan, Initialized Capital, Om Malik, Caffeinated Capital, Felicis Venture, Mike Greenfeld, Trevor Traina, Oliver Thylmann, Karim Elsahy, GV, Solon Mack Capital, NEA, Fifth Wall, Felicis Ventures, Norwest Venture Partners, Access Technology Ventures, Lennar Corporation, Hawk Equity, SoftBank Vision Fund, Invitation Homes
OpenDoor's latest funding round in March 2019 was reported to be $300 m. In total, OpenDoor has raised $1.3 b. OpenDoor's latest valuation is reported to be $3.8 b.
View all funding rounds

OpenDoor Revenue

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

Revenue (Y, 2017)

200.0m

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

300%

Market valuation

3.8b
USDY, 2016EY, 2017E

Revenue

50.0m200.0m

Revenue growth, %

300%
show all
USDY, 2016

Revenue/Employee

484.3k
Show all financial metrics

OpenDoor Operating Metrics

OpenDoor's Customers was reported to be 36 k in Mar, 2019.
Y, 2016Y, 2017Sep, 2018Mar, 2019

Cities

19 23

Customers

6.23 k36 k

Homes Sold Total

7.20 k

Locations

2
Show all operating metrics

OpenDoor Acquisitions / Subsidiaries

Company NameDateDeal Size
OS NationalSeptember 06, 2019
Open ListingsSeptember 11, 2018

OpenDoor Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

Learn more about about our premium products
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Human Capital Metrics

Source: www.deartechpeople.com
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OpenDoor Online and Social Media Presence

OpenDoor's Trends

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OpenDoor News and Updates

November 30, 2016
pinned

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…

OpenDoor Blogs

March 14, 2020

When is the best time to sell a house in Charlotte?

The best time to sell a house in Charlotte depends on market trends, your finances, and your personal timeline. The post When is the best time to sell a house in Charlotte? appeared first on Opendoor.
February 18, 2020

2020 Housing market trends

Is 2020 a good time to buy or sell? We break down today's housing market trends. The post 2020 Housing market trends appeared first on Opendoor.
February 12, 2020

Opendoor and Redfin expand partnership to 9 additional markets

Today, we’re announcing the expansion of Opendoor’s partnership with Redfin to 9 additional U.S. markets. The post Opendoor and Redfin expand partnership to 9 additional markets appeared first on Opendoor.
January 28, 2020

Empowering agents and their clients with more choice

Our partnership with MoxiWorks will help more agents empower home sellers with choice and certainty. The post Empowering agents and their clients with more choice appeared first on Opendoor.
January 07, 2020

New year, new home: Tips for making a move in 2020

Whether you’re looking to buy or sell a home in 2020, these are the tips to make it happen the right way. The post New year, new home: Tips for making a move in 2020 appeared first on Opendoor.
December 20, 2019

5 fun facts about Opendoor in 2019

Here's a fun one: Opendoor homes were visited over 1.5 million times in 2019. The post 5 fun facts about Opendoor in 2019 appeared first on Opendoor.
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 OpenDoor Frequently Asked Questions

  • When was OpenDoor founded?

    OpenDoor was founded in 2014.

  • Who are OpenDoor key executives?

    OpenDoor's key executives are Eric Wu, Ian Wong and Julie Todaro.

  • How many employees does OpenDoor have?

    OpenDoor has 887 employees.

  • What is OpenDoor revenue?

    Latest OpenDoor annual revenue is $200 m.

  • What is OpenDoor revenue per employee?

    Latest OpenDoor revenue per employee is $225.5 k.

  • Who are OpenDoor competitors?

    Competitors of OpenDoor include Zillow, Redfin and Realtor.com.

  • Where is OpenDoor headquarters?

    OpenDoor headquarters is located at McKesson Plaza, 1 Post St Floor 11, San Francisco, San Francisco.

  • Where are OpenDoor offices?

    OpenDoor has offices in San Francisco, Atlanta, Austin, Bloomington and in 18 other locations.

  • How many offices does OpenDoor have?

    OpenDoor has 22 offices.