Total amount raised
$150 Thousands
Latest funding date
01/01/2022
Location
OpenDoor has been a pioneer in the coliving space, offering shared homes in the Bay Area, Portland, and Seattle. The platform focused on creating community living experiences where individuals could share space, skills, and resources.
OpenDoor partnered with developers to design human-centered buildings and provided investment opportunities in projects that aimed to generate healthy returns while fostering authentic communities. Keep reading to explore the intricacies of OpenDoor's fundraising journey and the investors backing this innovative platform.
What Is OpenDoor?
OpenDoor was a coliving company founded in 2013, operating in the Bay Area, Portland, and Seattle. The company focused on creating shared living spaces that fostered community and personal growth.
Specializing in the real estate industry, OpenDoor partnered with developers to design human-centered living environments and offered investment opportunities in meaningful housing projects. Despite its closure after nine years, OpenDoor left a lasting impact on the coliving space.
How Much Funding Has OpenDoor Raised?
- Pre-Seed Round
- Amount Raised: $150K
- Date: November 2016
- Lead Investors: 500 Global
- Venture Round
- Date: January 2022
OpenDoor has raised a total of $150K in funding.
Key Investors
- 500 Global
- Details: 500 Global is a venture capital firm that invests in early-stage startups. They have a global presence and have backed over 2,500 companies across 77 countries.
- Investment Focus Areas: Fintech, Healthtech, Edtech, E-commerce, SaaS
- Notable Investments: Canva, Credit Karma, Udemy
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