OfferPad Overview
- Year Founded
-
2015
- Status
-
Public
- Employees
-
350
- Stock Symbol
-
OPAD
- Investments
-
2
- Share Price
-
$4.33
- (As of Friday Closing)
OfferPad General Information
Description
Offerpad Solutions Inc provides a way to buy and sell a home. It uses technology-enabled solutions to remake the home selling and buying experience by offering customers the convenience, control, and certainty to solve their housing needs. It combines fundamental real estate expertise with the data-driven digital Solutions Center platform to efficiently sell and buy their homes online with streamlined access to other services including mortgage, listing, renovation and buyer representation services.
Contact Information
Website
www.offerpad.comCorporate Office
- 2150 East Germann Road
- Suite 1
- Chandler, AZ 85286
- United States
Corporate Office
- 2150 East Germann Road
- Suite 1
- Chandler, AZ 85286
- United States
OfferPad Timeline
OfferPad Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $4.33 | $4.13 | $2.57 - $11.22 | $118M | 27.4M | 85.7K | -$2.44 |
OfferPad Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 308,915 | 451,213 | 1,064,971 | 2,159,816 |
| Revenue | 1,011,166 | 1,314,412 | 3,952,314 | 2,070,446 |
| EBITDA | (46,949) | (97,468) | (101,241) | 23,001 |
| Net Income | (66,724) | (117,218) | (148,613) | 6,460 |
| Total Assets | 406,625 | 379,694 | 825,069 | 1,353,082 |
| Total Debt | 305,805 | 259,495 | 668,329 | 1,027,541 |
OfferPad Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
OfferPad Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|
OfferPad Comparisons
Industry
Financing
Details
000000
00000
OfferPad Competitors (14)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Orchard (Real Estate Services) | Venture Capital-Backed | New York, NY | 000 | 00000 | 0000000000 0 | 00000 |
| Prevu | Venture Capital-Backed | New York, NY | 00 | 00.000 | 00000000000 | 00.000 |
| Trulia | Formerly VC-backed | San Francisco, CA | 0000 | 00000 | 000000&0 | 00000 |
| Habi | Venture Capital-Backed | Bogota, Colombia | 0000 | 00000 | 000000000 | 00000 |
| Homie (Real Estate Services) | Venture Capital-Backed | South Jordan, UT | 000 | 000.00 | 00000000000 | 000.00 |
OfferPad Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
OfferPad Executive Team (21)
| Name | Title | Board Seat |
|---|---|---|
| Brian Bair | Co-Founder, Chief Executive Officer & Chairman | |
| Dan Mayes | Chief Information Officer & CRTO | |
| Vaughn Bair | Chief Investment Officer | |
| Benjamin Aronovitch | Chief Legal Officer, Legal | |
| Jaidip Singh Ph.D | Chief Risk Officer |
OfferPad Board Members (5)
| Name | Representing | Role | Since |
|---|---|---|---|
| Brian Bair | OfferPad | Co-Founder, Chief Executive Officer & Chairman | 000 0000 |
| Katie Curnutte | Self | Board Member | 000 0000 |
| Kenneth Degiorgio | First American | Board Member | 000 0000 |
| Sheryl Palmer | Self | Board Member | 000 0000 |
OfferPad Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
OfferPad Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
OfferPad Investments & Acquisitions (2)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Supernova Partners Acquisition | 01-Sep-2021 | 0000000000 | Special Purpose Acquisition Company (SPAC) | 00000 000 | |
| Offerpad Home Loans | 02-Nov-2017 | Joint Venture | Thrifts and Mortgage Finance | 00000 000 |
OfferPad ESG
Risk Overview
Risk Rating
Updated April, 25, 2023
24.84 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.0
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 15,842
Rank
Percentile
Software & Services
Industry
00 of 1,106
Rank
Percentile
Internet Software and Services
Subindustry
00 of 249
Rank
Percentile
OfferPad FAQs
-
When was OfferPad founded?
OfferPad was founded in 2015.
-
Who is the founder of OfferPad?
Brian Bair and Jerry Coleman JD are the founders of OfferPad.
-
Who is the CEO of OfferPad?
Brian Bair is the CEO of OfferPad.
-
Where is OfferPad headquartered?
OfferPad is headquartered in Chandler, AZ.
-
What is the size of OfferPad?
OfferPad has 350 total employees.
-
What industry is OfferPad in?
OfferPad’s primary industry is Real Estate Services (B2C).
-
Is OfferPad a private or public company?
OfferPad is a Public company.
-
What is OfferPad’s stock symbol?
The ticker symbol for OfferPad is OPAD.
-
What is the current stock price of OfferPad?
As of 13-Sep-2024 the stock price of OfferPad is $4.33.
-
What is the current market cap of OfferPad?
The current market capitalization of OfferPad is $118M.
-
What is OfferPad’s current revenue?
The trailing twelve month revenue for OfferPad is $1.01B.
-
Who are OfferPad’s competitors?
Orchard (Real Estate Services), Prevu, Trulia, Habi, and Homie (Real Estate Services) are some of the 14 competitors of OfferPad.
-
What is OfferPad’s annual earnings per share (EPS)?
OfferPad’s EPS for 12 months was -$2.44.
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