Opendoor Technologies Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Public

  • Employees
  • 1,982

Employees

  • Stock Symbol
  • OPEN

Stock Symbol

  • Investments
  • 11

  • Share Price
  • $2.06
  • (As of Friday Closing)

Opendoor Technologies General Information

Description

Opendoor Technologies Inc is a digital platform for residential real estate. This platform enables customers to buy and sell houses online. It generates revenue through home sales, along with other revenue from real estate services.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Real Estate Services (B2C)
Other Industries
Application Software
Stock Exchange
NAS
Corporate Office
  • 410 North Scottsdale Road
  • Suite 1600
  • Tempe, AZ 85288
  • United States
+1 (888) 000-0000

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Opendoor Technologies Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$2.06 $2.10 $1.80 - $5.41 $1.42B 692M 16.2M -$0.42

Opendoor Technologies Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 3,525,314 4,633,740 7,303,675 13,548,100
Revenue 5,007,000 6,946,000 15,567,000 8,021,000
EBITDA (44,000) 9,000 (876,000) (463,000)
Net Income (283,000) (275,000) (1,353,000) (662,000)
Total Assets 3,404,000 3,567,000 6,608,000 9,506,000
Total Debt 2,434,000 2,534,000 5,400,000 7,109,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Opendoor Technologies Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Opendoor Technologies Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Opendoor Technologies Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Opendoor Technologies Inc is a digital platform for residential real estate. This platform enables customers to buy and
Real Estate Services (B2C)
Tempe, AZ
1,982 As of 2023
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0000 000000 00000000
Seattle, WA
0000 As of 0000
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0000 000000 00000000
Issaquah, WA
000 As of 0000
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00000000000 00000
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Opendoor Technologies Competitors (23)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Redfin Formerly VC-backed Seattle, WA 0000 00000 000000000 00 00000
Flyhomes Venture Capital-Backed Issaquah, WA 000 00000 00000000000 00000
Roomster Formerly Angel backed New York, NY 00 000 00000000000 000
Compass Formerly VC-backed New York, NY 0000 00.000 000000000 00.000
Knock (Real Estate Services (B2C)) Venture Capital-Backed Atlanta, GA 000 00000 000000000000 00000
You’re viewing 5 of 23 competitors. Get the full list »

Opendoor Technologies Patents

Opendoor Technologies Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230020771-A1 Automated valuation model using a siamese network Active 14-Sep-2020 00000000000
US-11481818-B2 Automated valuation model using a siamese network Active 14-Sep-2020 00000000000 0
US-20220084079-A1 Automated valuation model using a siamese network Active 14-Sep-2020 00000000000 0
US-11869045-B2 Automated valuation model using a siamese network Active 14-Sep-2020 00000000000 0
US-20210264321-A1 Machine learning model registry Active 26-Feb-2020 G06N20/20 00
To view Opendoor Technologies’s complete patent history, request access »

Opendoor Technologies Executive Team (27)

Name Title Board Seat Contact Info
Carrie Wheeler Chief Executive Officer and Board Member
Megan Toolson President
Christy Schwartz Interim Chief Financial Officer
Rajalakshmi Subramanian Chief Technology Officer
Sydney Schaub JD Chief Legal Officer, Legal
You’re viewing 5 of 27 executive team members. Get the full list »

Opendoor Technologies Board Members (14)

Name Representing Role Since
Adam Bain Opendoor Technologies Board Member 000 0000
Carrie Wheeler Opendoor Technologies Chief Executive Officer and Board Member 000 0000
Cipora Herman Self Board Member 000 0000
Eric Feder Lennar Board Member 000 0000
Glenn Solomon Notable Capital Board Member 000 0000
You’re viewing 5 of 14 board members. Get the full list »

Opendoor Technologies Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Opendoor Technologies Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Opendoor Technologies Investments & Acquisitions (11)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
PermitFlow 08-May-2023 0000 00000 00.00 Business/Productivity Software
Slope (Financial Software) 15-Apr-2022 00000 0000 0000 Financial Software
RedDoor 07-Oct-2021 0000000000 0000 Financial Software 0000 00
Skylight (Real Estate Services) 07-Sep-2021 0000000000 Real Estate Services (B2C) 0000 00
Pro.com 03-Sep-2021 Merger/Acquisition Real Estate Services (B2C) 0000 00
You’re viewing 5 of 11 investments and acquisitions. Get the full list »

Opendoor Technologies Subsidiaries (2)

Company Name Industry Location Founded
TaxProper Financial Software Chicago, IL 2019
OS National Other Insurance Duluth, GA 0000
To view Opendoor Technologies’s complete subsidiaries history, request access »

Opendoor Technologies ESG

Risk Overview

Risk Rating

Updated May, 30, 2024

11.89 | Low 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

00.00

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 16,191

Rank

0.00

Percentile

Real Estate

Industry

00 of 1,050

Rank

00.00

Percentile

Real Estate Services

Subindustry

00 of 33

Rank

00.00

Percentile

To view Opendoor Technologies’s complete esg history, request access »

Opendoor Technologies FAQs

  • When was Opendoor Technologies founded?

    Opendoor Technologies was founded in 2014.

  • Who is the founder of Opendoor Technologies?

    Ian Wong, Eric Wu, Justin Ross, Ryan Johnson, and Keith Rabois JD are the founders of Opendoor Technologies.

  • Who is the CEO of Opendoor Technologies?

    Carrie Wheeler is the CEO of Opendoor Technologies.

  • Where is Opendoor Technologies headquartered?

    Opendoor Technologies is headquartered in Tempe, AZ.

  • What is the size of Opendoor Technologies?

    Opendoor Technologies has 1,982 total employees.

  • What industry is Opendoor Technologies in?

    Opendoor Technologies’s primary industry is Real Estate Services (B2C).

  • Is Opendoor Technologies a private or public company?

    Opendoor Technologies is a Public company.

  • What is Opendoor Technologies’s stock symbol?

    The ticker symbol for Opendoor Technologies is OPEN.

  • What is the current stock price of Opendoor Technologies?

    As of 14-Jun-2024 the stock price of Opendoor Technologies is $2.06.

  • What is the current market cap of Opendoor Technologies?

    The current market capitalization of Opendoor Technologies is $1.42B.

  • What is Opendoor Technologies’s current revenue?

    The trailing twelve month revenue for Opendoor Technologies is $5.01B.

  • Who are Opendoor Technologies’s competitors?

    Redfin, Flyhomes, Roomster, Compass, and Knock (Real Estate Services (B2C)) are some of the 23 competitors of Opendoor Technologies.

  • What is Opendoor Technologies’s annual earnings per share (EPS)?

    Opendoor Technologies’s EPS for 12 months was -$0.42.

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