Offerpad Solutions Inc. is a leading real estate solutions platform providing homeowners with multiple ways to buy and sell through four core solutions: Cash Offers, Agent Listing services, marketplace-enabled platform access to additional cash buyers, and renovation services. The company has evolved from a single-product iBuyer model to a diversified housing transaction platform, focusing on capital-efficient, asset-light services with target 90-120 day turn times and mid-single-digit contribution margins per home.
Offerpad is publicly traded
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2015
Employees
250–300
Total Funding
$1.35B
4 rounds
Latest Valuation
$3B
September 2021
Total raised $1.35B across 4 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
PIPE / SPAC merger
Date
September 2021
Amount
$200M
Valuation
$3B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| September 2021 | PIPE / SPAC merger | $200M | $3B | BlackRock |
| March 14, 2019 | Series C | $975M | — | LL Funds, Citi |
| May 16, 2018 | Series B | $150M | — | LL Funds |
Brian Bair
Founder, Chief Executive Officer, and Chairman
Jerry Coleman
Co-Founder and Board Member
Chris Carpenter
Chief Operating Officer
Rich Ford
Chief Strategy Officer and President of Cash Offer Marketplace
Stefanie Layton
Vice President, Investor Relations and ESG
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Opendoor Technologies
Leading iBuyer platform providing instant cash offers and home purchasing services; purchase prices approximately 8% below market resale value based on 2023-2025 analysis.
Zillow Group
Real estate platform that shut down its direct iBuyer program in 2021; currently partners with Opendoor to display cash offers.
Redfin
Real estate brokerage and technology platform that shut down its RedfinNow iBuyer program in November 2022.
OfferMarket
Emerging iBuyer competitor in the residential real estate solutions market.
Offerpad completed its SPAC merger with Supernova Partners Acquisition Company on September 2, 2021, and began trading on the NYSE under ticker symbol OPAD. The company raised $650 million in gross cash proceeds from the merger, which valued Offerpad at a post-transaction equity value of approximately $3.0 billion.
Offerpad shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
Offerpad had a valuation of approximately $3B at the time of its public offering. Current market capitalization fluctuates with the share price.
Offerpad raised $1.35B across 4 disclosed funding rounds prior to its public listing.
Offerpad was co-founded by Brian Bair, and Jerry Coleman in 2015.
Offerpad is headquartered in Tempe, Arizona, USA.
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