Opendoor: ARR, Headcount, Valuation & Efficiency Rank
Opendoor ranks #3 of 82 vertical AI companies at 768K ARR per employee. Review revenue, headcount, funding, sources, and peers.
Opendoor operating benchmark
| Overall rank | Category rank | ARR | ARR per employee | Employees | Valuation | Funding |
|---|---|---|---|---|---|---|
| #3 of 82 | #1 of 3 Real Estate | $800M | $768K | 1,042 | $3B | Public (NASDAQ: OPEN) |
What Opendoor 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.