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PropTech

Opendoor

Opendoor raises $300M Convertible Note at $4.8B valuation

410 N. Scottsdale Road, Tempe, AZ 85281January 15, 20241 min read
Total Raised
$300M
Valuation
$4.8B
Latest Round
Convertible Note
Employees
2000+

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

Company Info

Headquarters
410 N. Scottsdale Road, Tempe, AZ 85281
Founded
2014
Team Size
2000+
Last Round
$300M(Jan 2024)

Investors (7)

K
Khosla VenturesLead
Lead Investor
Verified investor in Convertible Note
N
NEA
Investor
Verified investor in Convertible Note
G
General Atlantic
Investor
Verified investor in Convertible Note
L
Lennar Corporation
Investor
Verified investor in Convertible Note
N
Norwest Venture Partners
Investor
Verified investor in Convertible Note
S
SoftBank Vision Fund
Investor
Verified investor in Convertible Note
A
Access Technology Ventures
Investor
Verified investor in Convertible Note

Topics

verified(3079)real-funding(3079)opendoorproptechconvertible-note410-n.-scottsdale-road

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