Opendoor Technologies Inc - Company Profile

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Opendoor Technologies Inc: Overview

Opendoor Technologies Inc (Open Technology) operates a digital platform for residential real estate. Its platform enables consumers to buy and sell a home online. The company acquires homes directly from individual sellers and resells those homes to buyers, including both individual consumers and institutional investors. It conducts a virtual interior home assessment and a contact-free exterior assessment to verify the home data information. Its services include Buy with Opendoor Home Loans, Opendoor, List with Opendoor and title and escrow. Open Technology is headquartered in Tempe, Arizona, the US.

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Headquarters United States of America

Address 410 N. Scottsdale Road, Suite 1600, Tempe, Arizona, 85281


Telephone 1 480 6186760

No of Employees 1,982

Industry Construction

Ticker Symbol & Exchange OPEN (NASD)

Revenue (2022) $6.9B -55.4% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 79.7% (2022 vs 2021)

Market Cap* $1.4B

Net Profit Margin (2022) XYZ 54.4% (2022 vs 2021)

* As of and is in US$
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Products and Services

Products
Product:
Apps
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Acquisitions/Mergers/Takeovers In March, the company acquired minority stake in the business of Title Resources Group.
2022 Others In November, the company was filed by Kessler Topaz Meltzer & Check, LLP against a securities class action lawsuit.
2022 Contracts/Agreements In August, the company and Zillow Inc entered into a multi-year partnership to transform how people start their move.
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Competitor Comparison

Key Parameters Opendoor Technologies Inc Zillow Group Inc Redfin Corp Alexander & Baldwin Inc
Headquarters United States of America United States of America United States of America United States of America
City Tempe Seattle Seattle Honolulu
State/Province Arizona Washington Washington Hawaii
No. of Employees 1,982 6,263 4,693 101
Entity Type Public Public Public Public
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Executives
Name Position Board Since Age
Carrie Wheeler Chief Executive Officer; Director Executive Board 2022 -
Eric Wu Director; President - Marketplace Executive Board 2022 -
Raji Subramanian Chief Technology Officer Senior Management - -
Sydney Schaub Chief Legal Officer Senior Management 2022 -
Sheila Tran Chief Communications Officer Senior Management - -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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