
Opendoor
410 N Scottsdale Rd # 1600, Tempe, AZ, 85281, United States
Overview
Opendoor operates an online real estate marketplace that streamlines the home-buying and selling process. The company helps sellers receive an offer without listing or showing their home, and buyers can browse for homes on sale and instantly unlock them using the company's application, which enables customers to buy and sell properties on a hassle-free freeway.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 9
Sector focus
- Marketplace
- Property Development
- Property Management
- PropTech
- Real Estate
Investment portfolio
- PermitFlow
Participated · Seed · May 2023
PermitFlow delivers an artificial-intelligence driven platform that automates permit applications, inspection scheduling, and license management for residential builders, commercial developers, home-service contractors, and renewable-energy firms. The software helps users cut project timelines by up to 60 percent, reduce administrative workload by 90 percent, and achieve a five-times return on investment. Led by CEO Francis Thumpasery and CTO Samuel Lam, the company is expanding its product suite with additional AI agents that address the full permitting and inspection lifecycle. PermitFlow’s modular approach allows builders to handle complex, multijurisdictional compliance requirements through a single interface. With fresh capital, the team plans to accelerate product development and scale hiring to meet nationwide demand. Although specific revenue figures were not disclosed, the operational metrics suggest strong adoption and efficiency gains for customers. The company is headquartered in New York City and is backed by a roster of top-tier venture firms.