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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.”
