Opendoor is turning the real estate industry on its head with $720 million in equity and debt financing, but who are the investors and lenders behind the U.S. start up which offers to buy your home and quickly sells it in a matter of days?
Inman reports that some of the major players financing Opendoor are Yelp CEO Jeremy Stoppelman, Deutsche Bank, reddit co-founder Aleix Ohanian, Blackstone and Joshua Kushner.
In addition to these individuals, who present themselves as key players in the tech/innovation real estate stakes, are 53 of the world’s biggest financial institutions, venture-capital firms and high net-worth individuals that have either invested in or extended credit to the property-exchange platform now valued at more than $1 billion.
Blackstone is an American multinational private equity and Deutsche Bank are two of at least four financial institutions to have financed Opendoor’s property purchases, an Inman review of property records reveals for the first time.
