Origins
Type of Startups
Fundings
Origins
Type of Startups
Fundings
Discover  
Location
United States
Asset Class
Residential
Category
Online Agent
Year Launched
2014

Opendoor makes it possible to sell a home online in minutes, removing all of the headache, uncertainty and risk from the transaction.

More About Opendoor

We buy homes directly and renovate them for the buyer, but we are not the stereotypical flipper you might see on TV. Flippers typically look for undervalued homes sold in desperate circumstances, and aim for a minimum return of 25% on their purchase. In contrast, we look for fairly valued homes in good condition, and don't try to make large profit margins on the homes we buy and sell.

The way real estate is sold hasn't changed much in over 100 years, but technology has made it possible to create an experience that's 1,000 times better. We're trying to reinvent how real estate works by making it as easy as possible to sell and buy a home.

Opendoor is headquartered in San Francisco, Calif. and has received a total of $30 million in funding from Khosla Ventures and GGV Capital, along with a large group of angel investors.

3 Funding Round(s) - US$109.95M Total Funding
Date Funding   Stage Investors
Oct 2015 US$80M
Series C
Access Industries
Series C Access Industries
Feb 2015 US$20M
Series B
GGV Capital
Series B GGV Capital
Jul 2014 US$9.95M
Series A
Khosla Ventures
Series A Khosla Ventures
@opendoor

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