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Opendoor

About Opendoor

Opendoor Technologies Inc. is an online company that buys and sells residential real estate. It provides a platform for homeowners to sell their homes quickly and easily, bypassing traditional listing processes.

Business Information
Target Customers
homeowners real estate agents investors
Industry Categories
Real Estate, PropTech & Construction eCommerce
Business Model
Revenue Model Marketplace
Pricing Strategy Transaction fee based on home sale price
Sales Channels direct to consumer, real estate agents
Funding Timeline
Round Date Amount Investors
Series A May 01, 2014 $9.95M khoslaventures
Founders
E
Eric Wu

Co-founder and President of Opendoor

K
Keith Rabois

Co-founder

J
JD Ross

Co-Founder & CEO

Investors
k
khoslaventures

Venture Capital

Recent Mentions
pitchdecks
Pitch Decks @pitchdecks
Jun 04, 2025

Opendoor was founded by Keith Rabois (@rabois), JD Ross (@justindross), and Eric Wu (@ericwu01) in March 2014 They raised a $9.95M Series A round led by @khoslaventures that May (link to full deck in comments) https://t.co/AY57NYUP25