Opendoor, an online marketplace for real estate, launched in Dallas with $80 million in Series C funding. Investors include Khosla Ventures, Access Venture Partners, GGV Capital, SVB Capital and others. The round brings Opendoor’s total financing to more than $110 million.
Opendoor, the online marketplace for real estate, today launched in Dallas-Fort Worth, enabling local homeowners to instantly sell their home online. The company has raised $80 million in Series C funding by Khosla Ventures, Access Venture Partners, GGV Capital, SVB Capital, and prior investors, to support their launch in Dallas-Fort Worth and expand into other markets. “A house is a family’s largest asset, yet the most difficult to buy and sell,” says Keith Rabois, Opendoor co-founder and former executive at Paypal, LinkedIn and Square. “We are giving homeowners instant access to the equity in their most illiquid investment.” Opendoor Redefines the Home Shopping and Selling Experience