Top 5% vertical AI efficiency trophy

Opendoor: #3 of 83 by ARR per employee

Opendoor is ranked #3 of 83 vertical AI companies on Vertical Velocity with $768K ARR per employee. The company is #1 in Real Estate AI and is tracked as part of the vertical AI efficiency benchmark.

Company metrics

  1. Overall rank #3 of 83
  2. Category rank #1 in Real Estate AI
  3. ARR per employee $768K/emp
  4. Estimated ARR $800M
  5. Headcount 1,042
  6. Headquarters San Francisco, CA

What the company does

Opendoor is an AI-powered iBuying platform for residential real estate that uses machine learning models to make instant cash offers on homes, simplifying and accelerating the home-selling process. The platform targets homeowners who want the certainty and speed of a cash sale without the uncertainty of traditional listing, showings, and negotiations. Opendoor's pricing models analyze hundreds of data points including comparable sales, neighborhood trends, and property condition to generate competitive offers within minutes. As a publicly traded company, Opendoor operates in dozens of US markets and has expanded into adjacent services including home loans and title insurance to capture more of the real estate transaction.