opendoor.comReal Estate / Real estate softwareFounded: 2013Funding to Date: $2.4B
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 | $3.8B | General Atlantic, Hawk Equity, the SoftBank Vision Fund, Access Technology Ventures, Lennar Corporation, Fifth Wall Ventures, SV Angel, Norwest Venture Partners, NEA, GGV Capital, Khosla Ventures, GV | |
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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
General Atlantic, Hawk Equity, the SoftBank Vision Fund, Access Technology Ventures, Lennar Corporation, Fifth Wall Ventures, SV Angel, Norwest Venture Partners, NEA, GGV Capital, Khosla Ventures, GV
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09/27/2018 | Series E-1 | $20.24MM | $xx.xx | $2.55B | SoftBank, General Atlantic, Access Technology Ventures, Lennar Corporation, Andreessen Horowitz, Coatue Management, 10100 Fund, Invitation Homes, Norwest Venture Partners, Lakestar, GGV Capital, NEA, Khosla Ventures | |
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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
SoftBank, General Atlantic, Access Technology Ventures, Lennar Corporation, Andreessen Horowitz, Coatue Management, 10100 Fund, Invitation Homes, Norwest Venture Partners, Lakestar, GGV Capital, NEA, Khosla Ventures
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09/27/2018 | Series E | $707.61MM | $xx.xx | $2.55B | SoftBank, General Atlantic, Access Technology Ventures, Lennar Corporation, Andreessen Horowitz, Coatue Management, 10100 Fund, Invitation Homes, Norwest Venture Partners, Lakestar, GGV Capital, NEA, Khosla Ventures | |
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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
SoftBank, General Atlantic, Access Technology Ventures, Lennar Corporation, Andreessen Horowitz, Coatue Management, 10100 Fund, Invitation Homes, Norwest Venture Partners, Lakestar, GGV Capital, NEA, Khosla Ventures
|
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11/30/2016 | Series D-1 | $88.35MM | $xx.xx | $1.1B | Norwest Venture Partners, NEA, Khosla Ventures, GGV Capital, Access Industries, FifthWall, Lakestar, SVB Capital, Caffeinated Capital, Felicis Ventures | |
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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Norwest Venture Partners, NEA, Khosla Ventures, GGV Capital, Access Industries, FifthWall, Lakestar, SVB Capital, Caffeinated Capital, Felicis Ventures
|
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11/30/2016 | Series D | $159.99MM | $xx.xx | $1.1B | Norwest Venture Partners, NEA, Khosla Ventures, GGV Capital, Access Industries, FifthWall, Lakestar, SVB Capital, Caffeinated Capital, Felicis Ventures | |
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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Norwest Venture Partners, NEA, Khosla Ventures, GGV Capital, Access Industries, FifthWall, Lakestar, SVB Capital, Caffeinated Capital, Felicis Ventures
|
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02/04/2016 | Series C-1 | $13.82MM | $xx.xx | $573.11MM | Khosla Ventures, Access Venture Partners, GGV Capital, 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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Khosla Ventures, Access Venture Partners, GGV Capital, SVB Capital
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02/04/2016 | Series C | $63.34MM | $xx.xx | $573.11MM | Khosla Ventures, Access Venture Partners, GGV Capital, 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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Khosla Ventures, Access Venture Partners, GGV Capital, SVB Capital
|
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02/26/2015 | Series B | $20.18MM | $xx.xx | $135.3MM | GGV Capital, Thrive Capital, Resolute Ventures, Solomon Mack Capital, Sherpa Ventures, Caffeinated Capital, Haystack | |
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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
GGV Capital, Thrive Capital, Resolute Ventures, Solomon Mack Capital, Sherpa Ventures, Caffeinated Capital, Haystack
|
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07/07/2014 | Series A | $9.81MM | $xx.xx | $32.69MM | Khosla Ventures, Caffeinated Capital, Felicis Ventures, Initialized Capital, Signatures Capital, Resolute Ventures, SV Angel, Thrive Capital, Slow Ventures, True Ventures, Crunchfund | |
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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Khosla Ventures, Caffeinated Capital, Felicis Ventures, Initialized Capital, Signatures Capital, Resolute Ventures, SV Angel, Thrive Capital, Slow Ventures, True Ventures, Crunchfund
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