Opendoor
Opendoor raises $300M Convertible Note at $4.8B valuation
Quick Facts
Opendoor: Convertible Note Funding Round
Opendoor has successfully raised $300M in Convertible Note funding, reaching a valuation of $4.8B.
Company Overview
iBuying real estate platform
Funding Details
The Convertible Note round was led by Khosla Ventures, with participation from NEA, General Atlantic, Lennar Corporation, Norwest Venture Partners, SoftBank Vision Fund, Access Technology Ventures.
Company Information
- Headquarters: 410 N. Scottsdale Road, Tempe, AZ 85281
- Founded: 2014
- Employees: 2000+
- Category: PropTech
Investment
Opendoor plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- Khosla Ventures: Verified investor in Convertible Note
- NEA: Verified investor in Convertible Note
- General Atlantic: Verified investor in Convertible Note
- Lennar Corporation: Verified investor in Convertible Note
- Norwest Venture Partners: Verified investor in Convertible Note
- SoftBank Vision Fund: Verified investor in Convertible Note
- Access Technology Ventures: Verified investor in Convertible Note
Key Investors
About the Author
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