Offerpad

Offerpad is a leading tech-enabled, real estate company operates an online platform that helps homeowners sell their homes to buyers. It's on-demand platform is revolutionizing the industry with an innovative end-to-end real estate experience for those looking to buy or sell a home.

Offerpad streamlines the process for consumers, making the process convenient and hassle-free.

Offerpad was founded in 2015 by Brian Bair & Jerry Coleman. The company is headquartered in Chandler, Arizona, and currently operates in several markets including Phoenix, Las Vegas, Salt Lake City, Tampa, Orlando, Los Angeles collectively reaching more than 441 cities with additional cities being added in the coming months.

Offerpad helps in selling the homes by helping house owners to submit documents online and providing on site home inspection.

Offerpad has collectively has purchased, renovated and rented or sold more than 100,000 homes.

 

Offerpad is backed by LL Funds. The company has raised a total of $975M in funding to date.

 

Offerpad was valued at $1B as of May 2018. It's recent valuation was not disclosed.

 

 

  • Year founded: 2015
  • Funding Info: $975M in 5 Funding Rounds (Last Funding Type: Series C)
  • Yearly Revenue: $50M-$100M (2018)
  • Employee Size: 201-500
  • Business Valuation: Valued at over $1B as of May 2018
  • City/Town: Chandler
  • State: Arizona
  • Country: United Kingdom
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