Home-selling start-up Lakestar has raised $325m from investors to expand from 10 markets to 50 by seven days . The company aims to harness technology to make the process of buying and selling homes instantaneous. Opendoor allows potential buyers to access homes seven days a week with a personal code generated by the app , while it prices homes using a transparent data set. Opendoor currently buys $325m in homes on an the end of 2020 run rate. The company says it has raised a $325 million financing round co-led by General Atlantic, Access Technology Ventures and Lennar Corporation. Funding was led by General Atlantic, Access Technology Ventures and Knock . Meanwhile, rivals Knock and OfferPad are raising capital with similar ambitions.
Home-selling start-up Lakestar has raised $325m from investors to expand from 10 markets to 50 by seven days . The company aims to harness technology to make the process of buying and selling homes instantaneous. Opendoor allows potential buyers to access homes seven days a week with a personal code generated by the app , while it prices homes using a transparent data set. Opendoor currently buys $325m in homes on an the end of 2020 run rate. Funding was led by General Atlantic, Access Technology Ventures and Knock . Meanwhile, rivals Knock and OfferPad are raising capital with similar ambitions.