The terms: SoftBank’s massive Vision Fund is investing $400 million for a minority equity stake in the company, with one of its five managing directors, Jeff Housenbold, taking a board seat. The round brings Opendoor’s total funding to slightly more than $1 billion, the vast majority of it raised in the last six months. (It had separately closed on $325 million in a June round that brought its total equity funding at the time to $645 million. And SoftBank is on a real estate roll: it’s also leading a $400 million round in Compass today.) The deal also further cements its status as a unicorn, though we gather there wasn’t a huge bump in valuation with this newest round. Opendoor was, and continues to be, valued at north of $2 billion, says once source familiar with the deal.

https://techcrunch.com/2018/09/27/opendoor-just-raised-400-million-in-funding-from-softbanks-vision-fund/