Online real estate service OpenDoor raises $210M Series D despite risky financing model

This afternoon, Norwest Venture Partners announced that it led a massive $210 million Series D investment round in OpenDoor. The startup is looking to expand the usage of its marketplace platform for buying and selling real estate to 10 cities with the new capital. OpenDoor is unique in that it owns its own inventory of homes. While the predictive analytics the company employs to project… Read More