What Does Opendoor Do?

Total employees1575
HeadquartersSan Francisco
Founded

Opendoor Technologies Inc. is an online company that buys and sells residential real_estate. Headquartered in San Francisco, it provides a digital platform that aims to streamline the process of buying and selling homes, offering services like instant cash offers for sellers and a simplified home buying experience for buyers. Opendoor operates in numerous markets across the United States, leveraging technology and data to provide competitive offers and a convenient alternative to traditional real estate transactions.

Where Is Opendoor's Headquarters?

HQ Function

The San Francisco headquarters serves as the central hub for corporate strategy, executive leadership, software engineering, product development, marketing, and finance operations.

Notable Features:

Located in a prominent downtown area, the office likely features modern design, collaborative workspaces, and amenities typical of a leading tech company, designed to foster innovation and teamwork.

Work Culture:

Opendoor's HQ work culture is characterized by a fast-paced, innovative, and data-driven environment. Employees often describe it as collaborative, with a strong focus on solving complex problems in the real estate industry through technology. There's an emphasis on customer obsession and impact.

HQ Significance:

The headquarters is significant as it's the nerve center for Opendoor's strategic decision-making, technological advancements, and national operations management, driving the company's mission to transform the real estate market.

Values Reflected in HQ: The headquarters likely reflects Opendoor's core values such as customer-centricity, innovation, transparency, and a drive for simplifying complex processes, evident in its design and operational focus.

Location:

Opendoor currently operates exclusively within the United States, serving numerous metropolitan areas across the country. While its direct operational presence is U.S.-based, its innovative iBuying model and technology platform have garnered global attention and are influencing how real estate transactions are approached in other parts of the world. The company's focus remains on expanding its footprint and services within the U.S. market.

Street Address:

116 New Montgomery St, 4th Floor

City:

San Francisco

State/Province:

CA

Country:

USA

Where Else Does Opendoor Operate Around the World?

Tempe, AZ, USA

Address: 725 W. Alameda Drive, Suite 100, Tempe, AZ 85282

Supports extensive operations in the Southwest region and serves as a critical center for various national operational functions, including home renovations and resale processes.

Dallas, TX, USA

Address: Specific office address may vary; Opendoor has a strong operational presence in Dallas-Fort Worth.

Manages and facilitates Opendoor's services throughout the Dallas-Fort Worth metroplex and surrounding areas in Texas, a high-growth region for the company.

Atlanta, GA, USA

Address: Specific office address may vary; Opendoor has a significant presence in Atlanta.

Supports Opendoor's operations in the competitive Atlanta real estate market and other key cities in the Southeast, adapting services to regional housing trends.

Buying Intent Signals for Opendoor

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Opendoor? Meet the Executive Team

As of April 2025, Opendoor' leadership includes:

Carrie Wheeler - Chief Executive Officer
Christy Schwartz - Chief Financial Officer
Raji Subramanian - Chief Technology Officer
Megan Meyer Toolson - Chief Customer Officer
Dod Fraser - President, Capital and Open Exchange
Sydney Schaub - Chief Legal Officer & Corporate Secretary

Who's Investing in Opendoor?

Opendoor has been backed by several prominent investors over the years, including:

SoftBank Vision Fund
General Atlantic
Khosla Ventures
GV (Google Ventures)
Access Technology Ventures
Lennar Corporation
Norwest Venture Partners
Fifth Wall
CPP Investments

What Leadership Changes Has Opendoor Seen Recently?

Hire1
Exits1

Over the past year, Opendoor has seen key leadership appointments, notably strengthening its financial and technological executive functions. There was also a significant transition involving a co-founder stepping down from an executive role and the board.

Departures

Eric Wu, Eric Wu, co-founder of Opendoor, stepped down from his executive position as President, Marketplace, and also resigned from the company's Board of Directors.

New Appointments:

Christy Schwartz, Christy Schwartz joined Opendoor as Chief Financial Officer, taking over the financial leadership of the company.

What Technology (Tech Stack) Is Used byOpendoor?

Discover the tools Opendoor uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Opendoor Email Formats and Examples

Opendoor primarily uses the [first].[last]@opendoor.com email format. Variations like [first_initial][last]@opendoor.com might also exist but are less common.

[first].[last]@opendoor.com

Format

jane.doe@opendoor.com

Example

90%

Success rate

What's the Latest News About Opendoor?

Opendoor Investor Relations2024-05-02

Opendoor Reports First Quarter 2024 Financial Results

Opendoor announced its financial results for the first quarter ended March 31, 2024, highlighting revenue of $1.2 billion, a 14% increase in homes sold sequentially, and progress on its path to profitability....more

Opendoor Investor Relations2024-02-15

Opendoor Reports Fourth Quarter and Full Year 2023 Financial Results

Opendoor reported its Q4 and full-year 2023 results, discussing market conditions, inventory management, and strategic priorities for 2024, including enhanced unit economics and customer acquisition strategies....more

Opendoor Investor Relations2023-11-02

Opendoor Co-Founder Eric Wu to Step Down from Board of Directors

Alongside its Q3 2023 financial results, Opendoor announced that co-founder Eric Wu would step down from his role as President, Marketplace, and resign from the Board of Directors, effective December 31, 2023. Carrie Wheeler continues as CEO....more

Opendoor Newsroom2023-08-03

Opendoor Appoints Christy Schwartz as Chief Financial Officer

Opendoor announced the appointment of Christy Schwartz as Chief Financial Officer, effective August 21, 2023. She succeeded interim CFO Amita Gulanikar....more

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