{"id":1466,"date":"2018-09-28T16:48:00","date_gmt":"2018-09-28T16:48:00","guid":{"rendered":"https:\/\/preprod.realtrends.com\/blog\/2018\/09\/28\/opendoor-secures-400m-from-softbank-group\/"},"modified":"2025-03-13T02:23:25","modified_gmt":"2025-03-13T02:23:25","slug":"opendoor-secures-400m-from-softbank-group","status":"publish","type":"post","link":"https:\/\/preprod.realtrends.com\/blog\/2018\/09\/28\/opendoor-secures-400m-from-softbank-group\/","title":{"rendered":"Home-Selling Startup Opendoor Secures $400M From SoftBank Group"},"content":{"rendered":"
\n

Growing direct homebuyer Opendoor<\/strong> now has $3 billion in financial backing (yes, that\u2019s \u201cbillion\u201d with a \u201cb\u201d) thanks to a sizable new investment from Japanese technology company SoftBank Group<\/strong>.<\/p>\n

Opendoor<\/a> announced Thursday that it secured a $400 million investment from SoftBank Vision Fund<\/strong>, SoftBank\u2019s investment arm.That investment pushes Opendoor\u2019s total equity capital raised above $1 billion \u2013 $1.045 billion, to be exact.<\/p>\n

\n

\u201cWe\u2019re thrilled to partner with SoftBank \u2014 they are visionaries with the ambition to transform entire industries. SoftBank understands that the traditional process of buying and selling a home is complicated, uncertain, and stressful for millions of people, and that Opendoor radically improves the experience. We\u2019re excited to widen our ambitions as we launch new products, expand our services, and build an end-to-end experience for millions of people moving each year.<\/p>\n

Eric Wu, founder and CEO of Opendoor<\/p>\n<\/blockquote>\n

 <\/p>\n<\/div>\n

<\/p>\n

Read The Full Article<\/a><\/div>\n
 <\/div>\n","protected":false},"excerpt":{"rendered":"

Growing direct homebuyer Opendoor now has $3 billion in financial backing (yes, that\u2019s \u201cbillion\u201d with a \u201cb\u201d) thanks to a sizable new investment from Japanese technology company SoftBank Group. Opendoor announced Thursday that it secured a $400 million investment from SoftBank Vision Fund, SoftBank\u2019s investment arm.That investment pushes Opendoor\u2019s total equity capital raised above $1 billion \u2013 $1.045 billion, […]<\/p>\n","protected":false},"author":15802,"featured_media":4822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3255],"tags":[],"coauthors":[],"class_list":["post-1466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"\nHome-Selling Startup Opendoor Secures $400M From SoftBank Group<\/title>\n<meta name=\"description\" content=\"Opendoor announced Thursday that it secured a $400 million investment from\u00a0SoftBank Vision Fund, SoftBank\u2019s investment arm.That investment pushes Opendoor\u2019s total equity capital 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