About OfferPad
OfferPad is a company based in Chandler (United States) founded in 2015 by Brian Bair. OfferPad has raised $155 million across 5 funding rounds from investors including Citi and LL Funds. The company has 200 employees as of December 31, 2024. OfferPad offers products and services including Cash Offer Service, Home Browsing Platform, and Free Local Move Service. OfferPad operates in a competitive market with competitors including Opendoor, FlyHomes, Loft, Casavo and Tiko, among others.
- Headquarter Chandler, United States
- Employees 200 as on 31 Dec, 2024
- Founders Brian Bair
- Stage Public
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Sectors
Real Estate & Construction
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Offerpad Solutions Inc.
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Annual Revenue
$918.82 M (USD)-30.1as on Dec 31, 2024
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Net Profit
-$62.16 M (USD)46.97as on Dec 31, 2024
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EBITDA
-$45.43 M (USD)56.18as on Dec 31, 2024
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Total Equity Funding
$155 M (USD)
in 5 rounds
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Latest Funding Round
$75 M (USD), Series C
Mar 14, 2019
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Investors
Citi
& 1 more
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Employee Count
200
as on Dec 31, 2024
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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.
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.
People of OfferPad
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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.
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 |
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Investment services are offered by LL Funds to clients.
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Commercial banking and financial services are provided globally.
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Investor details for OfferPad
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by OfferPad
Investment portfolio details for OfferPad
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Financial Statements - OfferPad
Detailed financials for OfferPad
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- Profit trends
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Offerpad Comparisons
Peer comparison for OfferPad
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of OfferPad
OfferPad operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Opendoor, FlyHomes, Loft, Casavo and Tiko, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Residential properties are resold via an app-based platform.
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Online reseller platform for residential properties is facilitated.
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Residential properties are resold online by Loft.
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Residential properties are resold online with real-time valuations and offers.
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Tiko is engaged in facilitating fast and transparent property transactions.
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Detailed competitors of OfferPad
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on 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 current CEO of OfferPad. They have also founded this company.
OfferPad is a funded company, having raised a total of $155M across 5 funding rounds to date.
As of Dec 31, 2024, the latest employee count at OfferPad is 200.
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.
The ticker symbol of OfferPad is OPAD on NYSE.