Opendoor

Opendoor operates a digital platform that simplifies the residential real estate market by facilitating the buying and selling of homes online. The company allows sellers to receive offers without the need to list or show their properties, thereby streamlining the selling process. Buyers can explore available homes and access them instantly through the company's application, enhancing the home-buying experience. Opendoor generates revenue primarily through home sales, alongside additional income from various real estate services, making it a comprehensive solution for those looking to navigate the real estate market efficiently.

Keith Rabois

Executive Chairman

Carrie Wheeler

CEO

Wu, Lisa

Investor

6 past transactions

RedDoor

Acquisition in 2021
RedDoor is a company focused on transforming the mortgage experience through a technology-driven platform designed to improve the home-buying process. By providing features such as verified pre-approvals, diverse loan options, co-borrower invitations, and access to dedicated loan officers, RedDoor aims to streamline financing for homebuyers. The company combines expertise in real estate and mortgage services with innovative technology to enhance efficiency, reduce costs, and increase accuracy in the mortgage process. Through its user-friendly platform, RedDoor seeks to make professional mortgage services accessible to a wider audience, ultimately elevating the overall experience for homebuyers.

Skylight

Acquisition in 2021
Skylight is a technology company specializing in interactive patient care systems for hospitals. It offers the ACCESS interactive patient system, a comprehensive two-way digital communications platform that enhances the hospital experience by transforming television sets into interactive networks for information, education, and entertainment. This system allows patients to access vital information about their care, request assistance, view health education content, and provide real-time feedback through surveys. Additionally, Skylight provides iCarePassport, a web-based system that fosters ongoing patient engagement and personalized communication throughout the care continuum. Founded in 1999 and based in San Diego, California, Skylight aims to improve health literacy and the flow of critical information between patients and caregivers.

Pro.com

Acquisition in 2021
Pro.com is a full-service remodeling general contractor in Seattle, Portland, the San Francisco Bay Area, Denver, and Phoenix. Pro.com is streamlining the residential construction experience with a team of construction experts and its own technology — such as a pricing engine that makes sure bids are accurate, detailed and mobile-friendly estimates, and project management tools that give both Pro.com staff homeowners a window into their projects.

Wildfire

Acquisition in 2021
Wildfire was acquired by Opendoor in 2021. Built a social news app for colleges. Sent 65 million alerts to nearly 1 million users over 6 years. Ranked Top 5 in the “News Category” right below Twitter, Reddit, and Nextdoor and above CNN and the New York Times. Selected for Forbes 30 under 30 in 2020. Raised $3.1m from Accel, Khosla, Y Combinator (S17), Greylock, Redpoint, The House Fund, Kindred Ventures, Abstract, and Paul Buchheit. Started Wildfire during my senior year at UC Berkeley with the mission of helping keep communities safer and more informed with real-time safety alerts. Wildfire quickly grew beyond a campus safety tool to a social news app, which empowered people to spread the word quickly to their community when something significant happened nearby.

OS National

Acquisition in 2019
OS National, LLC is a national provider of title and settlement services catering to both commercial and residential real estate sectors. Established in 2011 and headquartered in Duluth, Georgia, the company operates additional offices in Texas, Arizona, and Nevada. OS National offers a range of services, including settlement services, bulk services, custodian services, remote online notary, and a customer portal. Its client base includes national lenders, banking institutions, private equity firms, mortgage servicers, real estate investment trusts, and institutional investors, all of whom rely on the company to facilitate real estate transactions and provide title insurance-related services. As of September 2019, OS National operates as a subsidiary of Opendoor Labs, Inc.

Open Listings

Acquisition in 2018
Open Listings is a homebuying app designed to make buying a home simple and more affordable. Open Listings was born out of a desire to change the way of buying homes. The company aims to improve and demystify every aspect of the process, from browse to close. The founders came together in 2014 after their own frustrating experiences buying their first homes. It was clear to them that, although technology had already made its mark on many of life’s most critical moments, it had largely left homebuying behind. In a few short years, we’ve made a ton of progress towards reshaping that experience for the better.
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