Opendoor

Opendoor is a California-based online real estate platform that allows users to buy and sell residential properties. Read more

2,359 Followers on Owler
2,359 Followers on Owler
2,359 Followers on Owler
2,359 Followers on Owler

Opendoor

Opendoor is a California-based online real estate platform that allows users to buy and sell residential properties. Read more

Eric Wu's photo - President & CEO of Opendoor

President & CEO

Eric Wu

CEO Approval Rating

67/100

Founded:

2013

Status:

PublicMerger Pending with Social Capital Hedosophia Holdings Corp. IINASDAQOPEN

OPENDOOR TOP COMPETITORS OR ALTERNATIVES

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Compass is Opendoor's #1 competitor. Compass is a Public company that was founded in 2012 in New York, New York. Compass is in the Rental Services industry. Compared to Opendoor, Compass has 2,698 more employees.

Zillow Group is seen as one of Opendoor's biggest rivals. Zillow Group was founded in Seattle, Washington} in 2004. Zillow Group competes in the Systems Software field. Compared to Opendoor, Zillow Group generates $1.2B more revenue.

WeWork is one of Opendoor's top competitors. WeWork is headquartered in New York, New York, and was founded in 2010. WeWork is in the Rental Services field. WeWork generates 70% the revenue of Opendoor.

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Opendoor Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$2.6B

Opendoor's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 788.9M. Over the last one quarters, Opendoor's revenue has decreased by 0%. Specifically, in Q4 2020's revenue was $2.6B.

Opendoor Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
OS National, LLC

Sep 2019

Source »
undisclosed
OSN is a provider of residential and commercial title and settlement services for property owners, buyers and sellers.

These are all the companies that Opendoor has acquired. Opendoor's latest acquisition was OS National, LLC in Sep 2019. OSN is a provider of residential and commercial title and settlement services for property owners, buyers and sellers.

Opendoor Funding History

Since Opendoor was founded in 2013, it has participated in 10 rounds of funding. In total Opendoor has raised $2.5B. Opendoor's last funding round was on Dec 2020 for a total of $1.0B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO SPAC
Dec 2020
$1B
-
Equity
Mar 2019
$300M
Equity
Sep 2018
$400M

SoftBank Vision Fund

Series E
Jun 2018
$325M
Equity
Jan 2018
$35M

Since Opendoor was founded in 2013, it has participated in 10 rounds of funding. In total Opendoor has raised $2.5B. Opendoor's last funding round was on Dec 2020 for a total of $1.0B

Opendoor Investments

No recent investments found related to Opendoor

These are all the companies that Opendoor has invested in. Opendoor's latest investment was OS National, LLC in Sep 2019. OSN is a provider of residential and commercial title and settlement services for property owners, buyers and sellers.

Opendoor News

March 4, 2021The Business Journals: San Antonio

Opendoor launches cash home-buying offers

Home buying and selling app Opendoor is launching all-cash offers in San Antonio. All buyers will be ... See more »
February 5, 2021Markets Insider

Opendoor Technologies Inc. Announces Upsize and Pricing of its Follow-On Public Offering of Common Stock

SAN FRANCISCO, Calif., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (Nas... See more »
February 2, 2021The Real Deal

Opendoor looks to raise $700M

Six weeks after going public, Opendoor is hungry for more cash. The instant homebuying startup plans ... See more »
January 29, 2021Benzinga

Opendoor to Report Fourth Quarter and Full Year 2020 Financial Results on March 4, 2021

SAN FRANCISCO, Jan. 29, 2021 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN... See more »

Opendoor Blogs

April 13, 2021Opendoor Blog

Opendoor increases buying capabilities to empower more sellers

Opendoor is expanding its buying capabilities across the U.S. to purchase a wider range of homes.The ... See more »
April 12, 2021Opendoor Blog

How this retired service member sold his home to Opendoor

We spoke with retired service memberJohnny Op about his home buying and selling experience.The post H... See more »
April 8, 2021Opendoor Blog

Open Book: Sherry Wang, Data Science Manager

Open Book is a series of interviews featuring the incredible people of Opendoor. Learn more about She... See more »
April 7, 2021Opendoor Blog

Meet Shannon Hodges: Opendoor's New VP of Sales & Support

Shannon Hodges joins Opendoor as the new Vice President of Sales & Support.The post Meet Shannon Hodg... See more »
March 22, 2021Opendoor Blog

Opendoor announces two executive promotions

Opendoor announces the promotion of two of our talented leaders.The post Opendoor announces two execu... See more »
March 18, 2021Opendoor Blog

Welcome John Rice to Opendoor

Today, John Rice joins Opendoor's Board of Directors.The post Welcome John Rice to Opendoor appeared ... See more »
March 17, 2021Opendoor Blog

Opendoor brings iBuying to Boise; launches in 4 new markets

Today Opendoor is bringing iBuying to Boise and launching in 4 new markets across the U.S.The post Op... See more »

Opendoor Press Releases

March 9, 2016PR Newswire

Opendoor Launches "Trade-In" to Make Transacting Real Estate Instantaneous

PHOENIX and SAN FRANCISCO, March 9, 2016 /PRNewswire/ -- Opendoor, the online consumer marketplace fo... See more »
June 2, 2015BUSINESS WIRE

Opendoor, the Online Marketplace to Instantly Buy and Sell Real Estate, Launches New Home Shopping Experience

SAN FRANCISCO--(BUSINESS WIRE)--Opendoor, the online marketplace for real estate transactions, has an... See more »
February 26, 2015BUSINESS WIRE

Opendoor, the Online Marketplace to Instantly Sell Your Home Secures $20 Million in Series B Financing to Accelerate Expansion into New Markets

SAN FRANCISCO--(BUSINESS WIRE)--Opendoor, the Online Marketplace To Instantly Sell Your Home Secures ... See more »
December 8, 2014BUSINESS WIRE

Opendoor Launches To Make Selling A Home Possible In Just A Few Clicks

SAN FRANCISCO--(BUSINESS WIRE)--Opendoor Launches To Make Selling A Home Possible In Just A Few Click... See more »

Opendoor Videos

February 18, 2020Opendoor Vimeo Channel

"Lennar + Opendoor: Delivering a hassle-free home upgrade" on VIMEO

With a stamp of approval from realtors and their financial planner, Anne and Jim Nash sold their home... See more »
February 3, 2020Opendoor Vimeo Channel

"Come home to your dream job" on VIMEO

We're on a mission to transform real estate and give people an easy way to buy, sell, and trade-in th... See more »
January 6, 2020Opendoor Vimeo Channel

"Opendoor Referral Dashboard Tutorial" on VIMEO

Sales Associates use the Opendoor Referral Dashboard to help buyers get into their dream homes. Easil... See more »
November 22, 2019Opendoor Vimeo Channel

"New Beginnings | An Opendoor Story (Adam & Chad)" on VIMEO

Cast: Opendoor... See more »
October 24, 2019Opendoor Vimeo Channel

"Myth-Busting Opendoor with Real Estate Agents" on VIMEO

Kevin Kauffman, REALTOR® with eXp Realty, walks through 5 common myths about Opendoor to find out wha... See more »
October 9, 2019Opendoor Youtube Channel

"#OpendoorStories | Adam & Chad" on YOUTUBE

Social Media

Opendoor Headquarters

410 N Scottsdale Road Suite 1600

Tempe, Arizona85281

1-888-352-7075

Driving Directions »

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Opendoor Summary

ABOUT

Overview

Opendoor is a California-based online real estate platform that allows users to buy and sell residential properties. Opendoor was founded in 2013. Opendoor's headquarters is located in Tempe, Arizona, USA 85281. It has raised 2.5B in 10 rounds. The la...

CEO

Opendoor's President & CEO, Eric Wu, currently has an approval rating of 67%. Opendoor's primary competitors are Compass, Zillow Group & WeWork.

Website

opendoor.com

Frequently Asked Questions about Opendoor

  1. When was Opendoor founded?

    Opendoor was founded in 2013
  2. Who is Opendoor's CEO?

    Opendoor's CEO is Eric Wu
  3. How much revenue does Opendoor generate?

    Opendoor generates $2.6B in revenue
  4. How much funding does Opendoor have?

    Opendoor has historically raised $2.5B in funding
  1. Where is Opendoor's headquarters?

    Opendoor's headquarters is in Tempe Arizona, USA
  2. How many employees does Opendoor have?

    Opendoor has 4 employees
  3. What sector does Opendoor operate in?

    Opendoor is in Real Estate Development & Operations, Homebuilding
  4. Who are Opendoor's competitors?

    Opendoor's top competitors are Compass, Zillow Group, WeWork