Fundraising Fox

Open Listings

AcquiredYC W15

Los Angeles, US · Founded 2015 · Delaware corporation · 48 employees · 4 known investors

Open Listings provided a homebuying platform that helped residential buyers purchase properties while reducing their real estate commission costs.

MarketplacesPropTechMarketplaceReal EstateUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (W15)

Open Listings was founded in 2015 by Judd Schoenholtz, Peter Sugihara, and John Alexander Farrill.

JSJudd Schoenholtz
Judd Schoenholtzin𝕏Co-Founder & CEO2014–2020
PSPeter Sugihara
Peter Sugiharain𝕏Co-Founder & CPO2014–2018Peter Sugihara is the founder and Chief Product Officer of Open Listings, which built a residential homebuying platform designed to reduce real estate commission costs for buyers.
JA
John Alexander FarrillCo-founder

Board

IS
Ilya SukarBoard director

Investors · 4

Y CombinatorSan Francisco · $500K
Arena VenturesreportedVenice
Initialized Capitalreported · 3 sourcesSan Francisco · $1M – $5M
Matrixreported · 2 sourcesSan Francisco · $100K – $10Mvia Ilya Sukhar · led

Reported raises · per SEC filings

Form D private placements

$5M disclosed across 1 round · 2017

▶$5MraisedMay 2017 · 1 investors · Other Real Estate
Rule 506(b)
Why Initialized Capital Invested in Open Listingsmedium.com · Jul 2017Open Listings raised $6.5M to help you buy a home without an annoying agenttechcrunch.com · Jul 2017
Officers, directors & promoters on the filing
  • John Alexander FarrillExecutive Officer, Director
  • Peter SugiharaExecutive Officer
  • Ilya SukarDirector
  • Judd SchoenholtzExecutive Officer, Director
Offering amount
$5M
Amount sold
$5M
First sale
May 2017
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Opendoor just raised $400 million in funding from SoftBank's Vision Fund | TechCrunchtechcrunch.com · Sep 2018Open Listings - BMVbeantownmv.com · Jul 2018Why Initialized Capital Invested in Open Listingsmedium.com · Jul 2017Open Listings Raises $6.5M, Plans For Expansion | Inman Real Estate Newsinman.com · Jul 2017Open Listings raised $6.5M to help you buy a home without an annoying agenttechcrunch.com · Jul 2017Open Listings raised $6.5M to help you buy a home without an annoying agentfinance.yahoo.com · Jul 2017Low-commission real estate site Open Listings raises $6.5 million to expand - HousingWirehousingwire.com · Jul 2017YC-Backed Open Listings Enables Home Buyers To Purchase Houses Without Real Estate Agents | TechCrunchtechcrunch.com · Feb 2015

Frequently asked questions

What does Open Listings do?
Open Listings provided a homebuying platform that helped residential buyers purchase properties while reducing their real estate commission costs.
Who founded Open Listings?
Open Listings was founded by Judd Schoenholtz, Peter Sugihara, John Alexander Farrill in 2015.
Who are Open Listings's investors?
Open Listings's investors include Y Combinator, Arena Ventures, Initialized Capital, Matrix.
How much funding has Open Listings raised?
Open Listings has disclosed $5M raised across 1 round.
Where is Open Listings headquartered?
Open Listings is headquartered in Los Angeles, US.