Opendoor is a real estate transaction software developer. Offering an on-demand, digital experience to buy and sell homes, Opendoor has a mission to simplify the moving process by helping its customers make seamless transactions all on a mobile device. The platform works by starting with an estimated offer for a home, calculating an estimate based on the home’s details, and getting to an Opendoor final offer. Opendoor was founded by Eric Wu, Ian Wong, JD Ross, and Keith Rabois in 2016 and is headquartered in San Francisco, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
03/20/2019 | Series E-2 | $300MM | $xx.xx | $379.99B | Access Technology Ventures, Fifth Wall Ventures, General Atlantic, Ggv Capital, Gv, Hawk Equity, Khosla Ventures, Lennar Corporation, Nea, Norwest Venture Partners, Sv Angel, The Softbank Vision Fund | |
Price per Share
$xx.xx
Shares Outstanding
22,507,652
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Access Technology Ventures, Fifth Wall Ventures, General Atlantic, Ggv Capital, Gv, Hawk Equity, Khosla Ventures, Lennar Corporation, Nea, Norwest Venture Partners, Sv Angel, The Softbank Vision Fund
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09/27/2018 | Series E-1 | $20.24MM | $xx.xx | $254.95B | 10100 Fund, Access Technology Ventures, Andreessen Horowitz, Coatue Management, General Atlantic, Ggv Capital, Invitation Homes, Khosla Ventures, Lakestar, Lennar Corporation, Nea, Norwest Venture Partners, Softbank | |
Price per Share
$xx.xx
Shares Outstanding
2,486,560
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
10100 Fund, Access Technology Ventures, Andreessen Horowitz, Coatue Management, General Atlantic, Ggv Capital, Invitation Homes, Khosla Ventures, Lakestar, Lennar Corporation, Nea, Norwest Venture Partners, Softbank
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09/27/2018 | Series E | $707.61MM | $xx.xx | $254.95B | 10100 Fund, Access Technology Ventures, Andreessen Horowitz, Coatue Management, General Atlantic, Ggv Capital, Invitation Homes, Khosla Ventures, Lakestar, Lennar Corporation, Nea, Norwest Venture Partners, Softbank | |
Price per Share
$xx.xx
Shares Outstanding
73,940,269
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
10100 Fund, Access Technology Ventures, Andreessen Horowitz, Coatue Management, General Atlantic, Ggv Capital, Invitation Homes, Khosla Ventures, Lakestar, Lennar Corporation, Nea, Norwest Venture Partners, Softbank
|
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11/30/2016 | Series D-1 | $88.35MM | $xx.xx | $110B | Access Industries, Caffeinated Capital, Felicis Ventures, Fifthwall, Ggv Capital, Khosla Ventures, Lakestar, Nea, Norwest Venture Partners, Svb Capital | |
Price per Share
$xx.xx
Shares Outstanding
14,920,858
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Access Industries, Caffeinated Capital, Felicis Ventures, Fifthwall, Ggv Capital, Khosla Ventures, Lakestar, Nea, Norwest Venture Partners, Svb Capital
|
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11/30/2016 | Series D | $159.99MM | $xx.xx | $110B | Access Industries, Caffeinated Capital, Felicis Ventures, Fifthwall, Ggv Capital, Khosla Ventures, Lakestar, Nea, Norwest Venture Partners, Svb Capital | |
Price per Share
$xx.xx
Shares Outstanding
24,318,212
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Access Industries, Caffeinated Capital, Felicis Ventures, Fifthwall, Ggv Capital, Khosla Ventures, Lakestar, Nea, Norwest Venture Partners, Svb Capital
|
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02/04/2016 | Series C-1 | $13.82MM | $xx.xx | $57.31B | Access Venture Partners, Ggv Capital, Khosla Ventures, Svb Capital | |
Price per Share
$xx.xx
Shares Outstanding
3,852,052
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Access Venture Partners, Ggv Capital, Khosla Ventures, Svb Capital
|
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02/04/2016 | Series C | $63.34MM | $xx.xx | $57.31B | Access Venture Partners, Ggv Capital, Khosla Ventures, Svb Capital | |
Price per Share
$xx.xx
Shares Outstanding
14,120,082
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Access Venture Partners, Ggv Capital, Khosla Ventures, Svb Capital
|
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02/26/2015 | Series B | $20.18MM | $xx.xx | $13.53B | Caffeinated Capital, Ggv Capital, Haystack, Resolute Ventures, Sherpa Ventures, Solomon Mack Capital, Thrive Capital | |
Price per Share
$xx.xx
Shares Outstanding
14,738,907
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Caffeinated Capital, Ggv Capital, Haystack, Resolute Ventures, Sherpa Ventures, Solomon Mack Capital, Thrive Capital
|
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07/07/2014 | Series A | $9.81MM | $xx.xx | $3.27B | Caffeinated Capital, Crunchfund, Felicis Ventures, Initialized Capital, Khosla Ventures, Resolute Ventures, Signatures Capital, Slow Ventures, Sv Angel, Thrive Capital, True Ventures | |
Price per Share
$xx.xx
Shares Outstanding
24,784,202
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Caffeinated Capital, Crunchfund, Felicis Ventures, Initialized Capital, Khosla Ventures, Resolute Ventures, Signatures Capital, Slow Ventures, Sv Angel, Thrive Capital, True Ventures
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