About Opendoor
Opendoor is a publicly listed company based in San Francisco (United States) founded in 2014 by Keith Rabois, Eric Wu, and Jd Ross, and was acquired by Social Capital in September 2020. Residential properties are resold via an app-based platform. Opendoor has raised $1.35 billion across 11 funding rounds from investors including SVB, Lennar and Khosla Ventures. The company has 1,426 employees. Opendoor has completed 5 acquisitions, including OS National, Open Listings and Pro.com. Opendoor was last valued at $4.8 billion in December 2020. Its chief executive, as recorded, is Eric Wu. Its website opendoor.com draws about 880 thousand monthly visits. Its Indian entity Services Labs Software Private Limited reported revenue of ₹129 Cr. Opendoor offers products and services including Cash Offer Service, Home Selling Platform, Mortgage Calculator, and Home Insights. Its focus areas include Consumer, Residential Real Estate Tech, Online Resellers and Real Estate and Construction Tech. Its competitors include FlyHomes, OfferPad and Orchard; 3 of its 3 listed competitors have raised funding.
Company details
Opendoor was founded in 2014 in San Francisco, United States, as a real estate technology company. An app-based platform is operated to facilitate the resale of residential properties. Sellers submit property details, schedule video assessments, and receive cash offers derived from comparative market analysis. Home inspection services and mortgage options are also provided. The mobile app is accessible on Android and iOS devices across the country.
- Headquarters San Francisco, United States
- Employees 1,426
- Founders Keith Rabois, Eric Wu, Jd Ross
- Stage Public
- SectorsReal Estate & Construction
- Website category Business and Consumer Services · Real Estate
- Email••••••••
- Phone•••• ••••
- Website opendoor.com
- Social LinkedIn X Facebook
- Acquired by Social Capital (Sep 2020)
- Legal Name Services Labs Software Private Limited
- Date of Incorporation 30 Sep, 2013
- Jurisdiction Teynampet, Tamil Nadu, India
- Indian entity revenue₹129 Cr
FY 2025 · +58% YoY
- Indian entity net profit₹11.69 Cr
FY 2025 · 9% margin
- Indian entity EBITDA₹19.49 Cr
FY 2025 · 15% margin
- Total Equity Funding$1.35B (USD)
in 11 rounds
- Latest Funding Round$850M (USD), Post-IPO
Aug 2021
- InvestorsSVB
& 74 more
- Employee Count1,426
- Investments & AcquisitionsOS National
& 4 more
- Acquired bySocial Capital
(Sep 2020)
Associated legal entities of Opendoor
Opendoor operates through Services Labs Software Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Services Labs Software Private Limited CIN U72900TN2013FTC093178 | Active | 30 Sep 2013 | Chennai, Tamil Nadu | ₹129 Cr | 200 | 3 | View details |
Products & Services of Opendoor
Opendoor offers a comprehensive portfolio of products and services, including Cash Offer Service, Home Selling Platform, Mortgage Calculator, and Home Insights.
Enables quick home sales with direct cash offers to sellers.
Facilitates home valuations and sales without traditional listings.
Assists users in estimating home sale proceeds and costs.
Provides market data and insights for potential sellers.
Apps and channels of Opendoor
Opendoor publishes 2 mobile apps with over 500K+ downloads.
Funding Insights of Opendoor
Opendoor has successfully raised a total of $1.35B across 11 strategic funding rounds. The most recent funding activity was a Post-IPO round of $850 million completed in August 2021. 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 $1.35B
- Total Rounds 11
- Last Round Post-IPO — $850M
- First Round $30,000
(Jun 2014)
- Investors Count 75
Latest 10 of 11 funding rounds of Opendoor with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2021 | $850M | Post-IPO | – | – | – |
| Mar 2019 | $300M | Series E | $3.8B | General Atlantic | |
| Sep 2018 | $400M | Series E | – | SoftBank Vision Fund | – |
| Jun 2018 | $325M | Series E | – | General Atlantic, Lennar | |
| Jun 2017 | $100M | Debt – Venture | – | – | |
| Dec 2016 | $210M | Series D | $1B | Norwest Venture Partners | |
| Jan 2016 | $80M | Series C | – | Access Industries, GGV Capital | – |
| Apr 2015 | $20.58M | Series B | – | Khosla Ventures, GGV Capital | |
| Sep 2014 | $10.06M | Series A | – | Khosla Ventures | |
| Jul 2014 | Seed | – | Resolute Ventures, Slow Ventures | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2019 | $3.8B | •••••••• |
| Dec 2016 | $1B | •••••••• |
Last known valuation $4.8B (Dec 2020). 75 investors in total: 54 institutional and 21 angel.
Investors in Opendoor
Opendoor has secured backing from 75 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SVB, Lennar and Khosla Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity fund focused on global markets | 1980 | generalatlantic.com | New York, United States | |
Tech-focused VC firm funding companies in the US | accesstechnologyventures.com | New York, United States | ||
Private equity investments are directed toward growth-stage tech companies. | hawkequity.com | New York, United States | ||
Venture capital is invested in cybersecurity, fintech, and AI startups. | ggvc.com | Menlo Park, United States | ||
Corporate backed venture capital fund investing in multiple sectors | gv.com | Mountain View, United States | ||
Early-stage startups are funded by this venture capital firm. | 2004 | khoslaventures.com | Menlo Park, United States | |
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors. | 1961 | nvp.com | Menlo Park, United States | |
Early-stage investments are provided to transformative technology companies. | svangel.com | San Francisco, United States | ||
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Venture capital investments in technology and startups. | 2016 | visionfund.com | London, United Kingdom |
Investor details for Opendoor
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Services Labs Software Private Limited (Opendoor)
Services Labs Software Private Limited is the primary company behind Opendoor. The board of Services Labs Software Private Limited currently have 3 directors; the longest-serving is Ernest Inbaraj, appointed in 2016. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ernest Inbaraj DIN 07642070 | Director | 22 Oct 2016 | 9 yrs 11 mo | Services Labs Software Private Limited |
| Bradford Ludwig Bonney DIN 10219321 | Director | 01 Jul 2023 | 3 yrs 3 mo | Services Labs Software Private Limited |
| Venkata Durga Pola Rao Machavarapu DIN 10426285 | Managing Director | Services Labs Software Private Limited |
People of Opendoor
255 people are tracked at Opendoor (64 in leadership, 3 in board & advisors, 188 in team); the tracked headcount is 1,426.
| Name | Role | Group |
|---|---|---|
Keith Rabois | Co-Founder | Leadership |
Eric Wu | Co-Founder & Co-CEO | Leadership |
Carrie Wheeler | CEO | Leadership |
Jd Ross | Founder | Leadership |
Leori Bolivar | Listing Partner | Leadership |
Allie Cole Cote | VP Of Marketing | Leadership |
Alexis Schlattman | Partner Growth Manager | Leadership |
Amrutraj H | Director Analytics And Data Engineering | Leadership |
Paras Doshi | Director, Head Of Data (data Science & Data Engineering) | Leadership |
Alishia L'Heureux | Director, Legal Operations | Leadership |
Selim Freiha | CFO | Leadership |
Raji Subramanian | CTO | Leadership |
Ryan Black | Head of Legal Operations | Leadership |
Morgan Brown | Chief Growth Officer | Leadership |
Kathy F. | Office Of The CEO | Head Of Executive Operations | Leadership |
| Chief Business Officer | Leadership | |
Michael Laskin | Director, Associate General Counsel | Leadership |
Sydney Schaub | Chief Legal Officer | Leadership |
Stefan Stobbs | Consumer Experience Partner | Leadership |
Jette Speights | Vice President, Communications | Leadership |
235 more people are available in the full profile.
Complete people profiles for Opendoor
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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IPO & Listings of Opendoor
Opendoor is a publicly listed company on the NASDAQ with ticker symbol OPEN in USA, operating in the Finance 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 date21 Dec 2020
- Listed onNASDAQ: OPEN
- Listed entityOpendoor Technologies Inc
- Exchange sectorFinance
Financials of Opendoor
Figures of Services Labs Software Private Limited, the primary company behind Opendoor, for FY 2025. Revenue was ₹129 Cr (+58% year on year). Net profit was ₹11.69 Cr (9% margin). EBITDA was ₹19.49 Cr (15% margin). Revenue has grown at a compounded annual rate of +183% over three years and +78% over five years.
- ₹129 CrRevenue · FY 2025 · +58% YoY
- ₹11.69 CrNet profit · 9% margin
- ₹19.49 CrEBITDA · 15% margin
- ₹1 LakhPaid-up capital
- 200Employees (provident fund records)
- +183%Revenue CAGR, 3 years
- +78%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Services Labs Software Private Limited are on its company page.
Detailed financial statements for Opendoor
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Investments & Acquisitions by Opendoor
Opendoor has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include OS National, Open Listings and Pro.com.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Home loans are offered with customized terms and refinancing options. | reddoor.com | San Francisco, United States | 1996 | Nov 2021 | •••• | |
Home renovation services are matched via an online marketplace platform. | skylight.tools | San Francisco, United States | 2016 | Sep 2021 | •••• | |
Home improvement services are offered through an online platform. | pro.com | Seattle, United States | 2013 | Sep 2021 | •••• | |
Residential and commercial insurance services are provided nationwide. | osnational.com | Atlanta, United States | 2013 | Sep 2019 | •••• | |
Homes are purchased without agents using a self-service platform. | openlistings.com | Los Angeles, United States | 2014 | Sep 2018 | •••• |
Complete acquisition details for Opendoor
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Timeline of Opendoor
11 dated milestones of Opendoor across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Opendoor is founded.
- Funding First funding round of $30K.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Open Listings.
- Acquisition Acquires OS National.
- Exit Acquired by Social Capital.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $850.0M.
- Acquisition Acquires Pro.com.
- Acquisition Acquires Skylight Tools.
- Acquisition Acquires RedDoor.
Competitors of Opendoor
Opendoor has 3 listed competitors in our database, 3 of them funded. They include FlyHomes, OfferPad and Orchard.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flyhomes.com | 2015 | Seattle, United States | $217.78M | 740 | Online reseller platform for residential properties is facilitated. | |
| offerpad.com | 2015 | Chandler, United States | $155M | 1,000 | Residential properties are resold online, with quotes and inspections managed. | |
| orchard.com | 2017 | New York, United States | $256.7M | Residential properties are resold online via a user platform. |
Detailed competitors of Opendoor
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Web traffic of Opendoor
The website of Opendoor (opendoor.com) receives about 880.1K visits a month and ranks #63,368 among all websites worldwide, #1,619 in Real Estate.
- Monthly visits880.1K
▲ 9.2% vs previous month
- Unique visitors415.7K
per month
- Global rank#63,368
among all websites
- Category rank#1,619
Business and Consumer Services · Real Estate
- Bounce rate46%
- Pages per visit3.0
- Average visit1 min 13 sec
- DevicesDesktop 33% · Mobile 67%
Websites whose visitors overlap most with Opendoor. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| orchard.com | 100% | 181.5K | #212,372 | View details | |
| offerpad.com | 84% | 52.2K | #561,808 | View details | |
| homes.com | 73% | 59.9M | #551 | View details | |
| homelight.com | 72% | 697.7K | #64,857 | View details | |
| realtor.com | 71% | 110M | #330 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Opendoor
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Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as Opendoor (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 real estate search engine | 2005 | San Francisco, California, United States | USD 32.8 M | |||
Residential properties are listed and brokered through an online platform. | 2004 | Seattle, Washington, United States | USD 166.06 M | USD 1.04 B | 5,659 |
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Related news about Opendoor
Complete news archive for Opendoor
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Frequently Asked Questions about Opendoor
Opendoor was founded in 2014.
Opendoor is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Eric Wu is the CEO of Opendoor, as recorded in our data. They have also founded this company.
Opendoor is a funded company, having raised a total of $1.35B across 11 funding rounds to date.
Opendoor has 1,426 employees.
The primary company behind Opendoor, Services Labs Software Private Limited, reported revenue of ₹129 Cr for FY 2025, up 58% year on year.
Opendoor was founded in 2014 in San Francisco, United States, as a real estate technology company. An app-based platform is operated to facilitate the resale of residential properties. Sellers submit property details, schedule video assessments, and receive cash offers derived from comparative market analysis. Home inspection services and mortgage options are also provided. The mobile app is accessible on Android and iOS devices across the country.
Opendoor offers Cash Offer Service, Home Selling Platform, Mortgage Calculator, and Home Insights.
Yes, Opendoor is publicly traded on NASDAQ under the ticker symbol OPEN.
Opendoor has made 5 acquisitions, including OS National, Open Listings, and Pro.com.
Opendoor has 75 investors. Key investors include SVB, Lennar, Khosla Ventures, Social Capital, and General Atlantic.