Opendoor is the leading digital platform for residential real estate buying and selling, operating as an iBuyer that purchases homes directly from sellers using algorithmic pricing, performs light renovations, and resells them. The company has expanded into a capital-light model with Cash Plus (facilitating sales to third parties), partnerships with platforms like Zillow, and integrated services including digital checkout, buyer financing, warranties, and homebuilder trade-in programs.
Opendoor 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
2014
Employees
~1,380
Total Funding
$2.34B
8 rounds
Latest Valuation
$4.8B
December 21, 2020
Total raised $2.34B across 8 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
SPAC merger (Social Capital Hedosophia II)
Date
December 21, 2020
Amount
$1B
Valuation
$4.8B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| December 21, 2020 | SPAC merger (Social Capital Hedosophia II) | $1B | $4.8B | Social Capital Hedosophia Holdings II |
| March 2019 | Series E (extension) | $300M | — | General Atlantic |
| September 27, 2018 | Series E (SoftBank extension) | $400M | $3.8B | SoftBank Vision Fund |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series E
$2B
Jun 2018
Opendoor today
$4.8B
Dec 2020 · latest mark
Opendoor multiple
2.4x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Kaz Nejatian
Chief Executive Officer
Christy Schwartz
Chief Financial Officer
Lucas Matheson
President
Brad Bonney
Chief Business Officer
Eric Wu
Co-Founder, Board Member
Keith Rabois
Co-Founder, Board Chairman
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Offerpad Solutions
Second-largest US iBuyer competitor; publicly traded on NASDAQ under ticker OPAD; operates with similar business model of purchasing homes, renovating, and reselling; also offers asset-light services.
Zillow Group
Major real estate platform with Zestimate pricing tool; formerly operated iBuying through Zillow Offers (shut down Nov 2021 after losses); now partners with Opendoor to offer instant offers to users.
Homeward
Home buy-before-you-sell program competitor offering alternative financing and home transaction models.
Orchard
Home buy-before-you-sell platform providing bridge financing for home buyers.
Knock
Home-buying platform offering buy-before-you-sell services and flexible financing options.
Redfin
Real estate brokerage and technology platform; previously operated RedfinNow iBuying program (shut down Nov 2022); now focuses on brokerage services.
Opendoor went public on December 21, 2020 via merger with Social Capital Hedosophia Holdings Corp II, a SPAC. The merger valued the company at approximately $4.8 billion and raised roughly $1 billion in capital. The company trades on NASDAQ under the ticker symbol OPEN.
Opendoor 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.
Opendoor had a valuation of approximately $4.8B at the time of its public offering. Current market capitalization fluctuates with the share price.
Opendoor raised $2.34B across 8 disclosed funding rounds prior to its public listing.
Opendoor was co-founded by Eric Wu, and Keith Rabois in 2014.
Opendoor is headquartered in San Francisco, CA.
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