Investments · Online home buying
SoftBank Vision Fund invests $400 million in home-buying startup Opendoor
- Investor
- SoftBank Group (via SoftBank Vision Fund) (Tokyo)
- In
- Opendoor, San Francisco, California
- Value
- $400M
- Status
- Completed in 2018.
- Date
- 2018-09-27
SoftBank Group's Vision Fund invested $400 million in Opendoor, a San Francisco company that buys homes directly from owners and resells them, taking a minority stake.
Why it matters
The investment was one of two large SoftBank investments in US residential real estate technology announced on the same day.
Sources
Kakehashi M&A News home
