- CEO
- Kasra Nejatian
- Full Time Employees
- 1,042
- Sector
- Real Estate
- Industry
- Real Estate - Development
- Address
- 1295 West Washington Street Tempe AZ United States of America 85288
- IPO Date
- Dec 23, 2025
- Business
- Opendoor Technologies Inc. operates a U.S. e-commerce platform for residential real estate transactions and is the largest U.S. iBuyer. The Company uses software, data science, artificial intelligence, pricing models and operational capabilities to enable consumers to sell, buy and finance homes through a digital, on-demand experience. Its principal offerings include direct cash offers for homeowners seeking to sell residential properties; home acquisition, renovation, pricing, marketing and resale services; online home-search, touring and purchase tools for buyers; traditional home-listing and brokerage services; Cash Now, More Later, formerly Cash Plus, which provides sellers with a cash component and potential additional proceeds after a market sale; title, escrow and closing services; and mortgage origination products through Opendoor Home Loans, including fixed-rate and adjustable-rate mortgages. The Company also provides agent-focused capabilities, including Opendoor 2.0 for Agents and enhanced RealScout workflows, designed to give real estate agents additional seller options and access to Opendoor transaction services. Opendoor serves homebuyers, homeowners, real estate agents and related transaction participants across the United States, and has expanded its operating availability to the lower 48 states. Founded in 2014, Opendoor Technologies Inc. is headquartered in Tempe, Arizona. Opendoor Labs Inc. is a wholly owned subsidiary of Opendoor Technologies Inc., which was formed through the December 2020 business combination between Opendoor Labs and Social Capital Hedosophia Holdings Corp. II. Recent strategic developments include the expansion of Opendoor Home Loans beyond beta in September 2026 with fixed- and adjustable-rate mortgage offerings; the availability of Opendoor cash offers on Realtor.com in August 2026; the rollout of Opendoor 2.0 agent offerings and expanded RealScout functionality in 2026; the introduction of the Opendoor Peace of Mind home-buying program in October 2025; the use of AI across underwriting, customer experience and operations; and capital-management actions in August 2026, including the Company’s first share repurchase program, which reduced shares outstanding by 5%, and the raising of $440 million of growth capital at a 0% coupon.