About OfferPad
OfferPad is a publicly listed company based in Chandler (United States) founded in 2015 by Brian Bair. Residential properties are resold online, with quotes and inspections managed. OfferPad has raised $155 million across 5 funding rounds from investors including Citi and LL Funds. The company has 200 employees. Its chief executive, as recorded, is Brian Bair. Its website offerpad.com draws about 52 thousand monthly visits. OfferPad offers products and services including Cash Offer Service, Home Browsing Platform, and Free Local Move Service. Its focus areas include Consumer, Residential Real Estate Tech, Online Resellers and Real Estate and Construction Tech. Its legal entity is Offerpad Brokerages. Its competitors include Opendoor, FlyHomes and Orchard; 3 of its 3 listed competitors have raised funding.
Company details
OfferPad was founded in 2015 and is based in Chandler, United States. Operations focus on the real estate sector through an online platform where property details are submitted by sellers to generate purchase quotes. Documentation and inspection processes are handled by the company. Mobile applications are offered for Android and iOS devices to support these services.
- Headquarters Chandler, United States
- Employees 200
- Founders Brian Bair
- Stage Public
- SectorsReal Estate & Construction
- Website category Business and Consumer Services · Real Estate
- Email••••••••
- Phone•••• ••••
- Website offerpad.com
- Social LinkedIn X Facebook Instagram
- Legal Name Offerpad Solutions Inc.
- Annual Revenue$918.82 M (USD)-30.1as on Dec 31, 2024
- Net Profit-$62.16 M (USD)46.97as on Dec 31, 2024
- EBITDA-$45.43 M (USD)56.18as on Dec 31, 2024
- Total Equity Funding$155M (USD)
in 5 rounds
- Latest Funding Round$75M (USD), Series C
Mar 2019
- InvestorsCiti
& 1 more
- Employee Count200
Products & Services of OfferPad
OfferPad offers a comprehensive portfolio of products and services, including Cash Offer Service, Home Browsing Platform, and Free Local Move Service.
Provides quick cash offers for home sales without showings.
Enables users to browse and search for available homes online.
Offers free local moving assistance for home sellers.
Apps and channels of OfferPad
OfferPad publishes 2 mobile apps with over 10K+ downloads.
Funding Insights of OfferPad
OfferPad has successfully raised a total of $155M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $75 million completed in March 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $155M
- Total Rounds 5
- Last Round Series C — $75M
- First Round $30M
(Jan 2017)
- Investors Count 2
All 5 funding rounds of OfferPad with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in OfferPad
OfferPad has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Citi and LL Funds.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment services are offered by LL Funds to clients. | llfunds.com | Philadelphia, United States | ||
Commercial banking and financial services are provided globally. | 1812 | citi.com | New York, United States |
Investor details for OfferPad
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People of OfferPad
27 people are tracked at OfferPad (12 in leadership, 15 in team); the tracked headcount is 200.
| Name | Role | Group |
|---|---|---|
Brian Bair | Co-Founder & CEO | Leadership |
Peter Knag | Chief Financial Officer | Leadership |
Steve Gardner | Acquisition Director | Leadership |
Paola Aviles | Director Of Accounting | Leadership |
Andy Wydler | Regional Acquisition Director | Leadership |
Cindy Roeschen | Director Of Asset Management | Leadership |
Katie S. | Vice President, Digital Innovation | Leadership |
Colleen McGann | Director, Accounting Operations | Leadership |
Karan Narula | Senior Director Data Science And Data Engineering | Leadership |
Roberto Galaviz | Vp, Fp&a | Leadership |
Anthony Franceschina | Vp, Treasury | Leadership |
Andrew Pieper | Director, Financial Reporting | Leadership |
Ted Best | SVP, Product Management | Team |
Lina Mazutaviciute | Senior Treasury Manager | Team |
Natalie Maniatis | Customer Success Manager | Team |
Becky McLean | South East Closing Manager | Team |
Craig Stephenson | Service Manager | Team |
Azucena B. | Senior Accountant | Team |
Khaled Parwany | Solutions Expert | Team |
Kemar Walsh | Property Inspection Analyst | Team |
7 more people are available in the full profile.
Complete people profiles for OfferPad
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of OfferPad
OfferPad is a publicly listed company on the NYSE with ticker symbol OPAD in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date11 Dec 2020
- Listed onNYSE: OPAD
- Listed entityOfferpad Solutions Inc.
- Exchange sectorTechnology services
- ISINUS67623L3078
- Share price$0.67 (-5.65% on the day) · 2026-05-11
- Market capitalisation$31.7M
- EPS (diluted, trailing year)$-1.22
- Volume (last session)393,095
- Analyst consensusBuy
Financials of OfferPad
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | $918.8M | -$62.2M | -$45.4M |
| 2023 | $1.31B | -$117.2M | -$103.7M |
| 2022 | $3.95B | -$148.6M | -$126.3M |
Detailed financial statements for OfferPad
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of OfferPad
4 dated milestones of OfferPad across 5 years, from founding to its latest funding, stage changes and deals.
- Founded OfferPad is founded.
- Funding First funding round of $30.0M.
- Funding Latest funding round, Series C, of $75.0M.
- IPO Lists on the stock exchange (IPO).
Competitors of OfferPad
OfferPad has 3 listed competitors in our database, 3 of them funded. They include Opendoor, FlyHomes and Orchard.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| opendoor.com | 2014 | San Francisco, United States | $1.35B | 2,313 | Residential properties are resold via an app-based platform. | |
| flyhomes.com | 2015 | Seattle, United States | $217.78M | 740 | Online reseller platform for residential properties is facilitated. | |
| orchard.com | 2017 | New York, United States | $256.7M | Residential properties are resold online via a user platform. |
Detailed competitors of OfferPad
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Web traffic of OfferPad
The website of OfferPad (offerpad.com) receives about 52.2K visits a month and ranks #561,808 among all websites worldwide, #4,002 in Real Estate.
- Monthly visits52.2K
▼ 7.3% vs previous month
- Unique visitors31.9K
per month
- Global rank#561,808
among all websites
- Category rank#4,002
Business and Consumer Services · Real Estate
- Bounce rate51%
- Pages per visit2.4
- Average visit44 sec
- DevicesDesktop 31% · Mobile 69%
Websites whose visitors overlap most with OfferPad. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
webuyuglyhouses.com | webuyuglyhouses.com | 100% | #335,566 | – | |
| zillow.com | 99% | 321.9M | #68 | View details | |
| opendoor.com | 96% | 880.1K | #63,368 | View details | |
homerise.com | homerise.com | 96% | #444,738 | – | |
realestatewitch.com | realestatewitch.com | 92% | #1,239,750 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for OfferPad
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- 40 similar websites
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Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as OfferPad (Real Estate Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Residential properties are listed and searched through an app-based platform. | 2005 | Seattle, Washington, United States | USD 87 M | |||
Residential properties are resold via an app-based platform. | 2014 | San Francisco, California, United States | USD 1.35 B | USD 2.71 M | 1,426 | |
Residential real estate search engine | 2005 | San Francisco, California, United States | USD 32.8 M |
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Related news about Offerpad
Complete news archive for OfferPad
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Frequently Asked Questions about OfferPad
OfferPad was founded in 2015 and raised its 1st funding round 2 years after it was founded.
OfferPad is headquartered in Chandler, United States. It is registered at Chandler, Arizona, United States.
Brian Bair is the CEO of OfferPad, as recorded in our data. They have also founded this company.
OfferPad is a funded company, having raised a total of $155M across 5 funding rounds to date. The company's 1st funding round was a Series A of $30M, raised on Jan 2017.
OfferPad has 200 employees.
Annual revenue of OfferPad is $918.82M as on Dec 31, 2024.
OfferPad was founded in 2015 and is based in Chandler, United States. Operations focus on the real estate sector through an online platform where property details are submitted by sellers to generate purchase quotes. Documentation and inspection processes are handled by the company. Mobile applications are offered for Android and iOS devices to support these services.
OfferPad offers Cash Offer Service, Home Browsing Platform, and Free Local Move Service.
Yes, OfferPad is publicly traded on NYSE under the ticker symbol OPAD.
OfferPad operates through Offerpad Brokerages.