Home-flipper Opendoor raises $325M

House flipping company Opendoor has raised a $325 million Series E and plans to expand to 50 markets by 2020, the company said Wednesday. The latest round — far more than the $200 million it was rumored to be raising — was co-led by General Atlantic, Access Technology Ventures, and South Florida-based builder Lennar Corporation. It brings Opendoor’s total funding to $645 million in equity and $1.5 billion in debt. Andreessen Horowitz, Coatue Management, 10100 […]


Source: Real Estate

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