OpenHomes
OpenHomes is a technology company.
Financial History
OpenHomes has raised $190K across 1 funding round.
Frequently Asked Questions
How much funding has OpenHomes raised?
OpenHomes has raised $190K in total across 1 funding round.
OpenHomes is a technology company.
OpenHomes has raised $190K across 1 funding round.
OpenHomes has raised $190K in total across 1 funding round.
OpenHomes appears to refer to small regional brokerages and independent real‑estate startups rather than a single, widely known technology company; sources describe at least two distinct businesses named “OpenHomes” (a Wisconsin boutique brokerage and a low‑commission real‑estate service) rather than a single tech platform, so the profile below synthesizes common elements and calls out uncertainty where sources diverge.[4][5]
High‑Level Overview
OpenHomes is a real‑estate business operating as a brokerage / home‑selling service that positions itself as a lower‑cost, client‑centric alternative to traditional brokerages; some local variants brand as a boutique full‑service brokerage while others emphasize budget-friendly, low‑commission offerings (example: 1% commission models).[4][5]
For a portfolio‑company style summary (how OpenHomes operates as a company): OpenHomes builds a customer‑facing real‑estate service/platform (brokerage services and tiered selling packages) that serves home sellers and buyers in defined local markets, solving the problem of high traditional brokerage fees and one‑size‑fits‑all service by offering tiered service levels (e.g., a “ONE” lower‑fee option and a full‑service “LUXE” option) and focused local expertise; growth momentum appears modest and locally driven (the Wisconsin brokerage reports being in business 10+ years with over $120M total sales and roughly $10M annual volume), rather than rapid national scale reported for proptech iBuyers.[4]
Origin Story
Because multiple local businesses use the OpenHomes name, there are different origin details in the public record: one OpenHomes (south‑central Wisconsin) markets itself as a boutique brokerage founded over 10 years ago that evolved to a tiered, client‑centered service model and specializes in waterfront and historic properties; its team emphasizes negotiation skill and ethical, personalized service as core identity elements.[4]
Another listing describes Open Homes (or OpenHomes Inc.) as a low‑commission real‑estate service that promotes a 1% commission option and budget‑friendly selling tools, but public details about founding year, founders, and seed‑stage traction for that variant are sparse in the sources at hand.[5]
Because the name is shared, a comprehensive single origin story is not available in the cited sources; further clarity would require confirming which OpenHomes entity you want profiled (the Wisconsin boutique brokerage, the low‑commission service, or a different company using the same name).[4][5]
Core Differentiators
Role in the Broader Tech / Real‑Estate Landscape
Quick Take & Future Outlook
If you want a focused profile, tell me which OpenHomes you mean (the south‑central Wisconsin boutique brokerage, the low‑commission service, or another entity) and I’ll expand with company leadership, exact founding dates, product specifics, financial metrics, and any available customer/transaction data.
OpenHomes has raised $190K in total across 1 funding round.
OpenHomes's investors include HealthX Ventures.
OpenHomes has raised $190K across 1 funding round. Most recently, it raised $190K Seed in December 2013.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2013 | $190K Seed | HealthX Ventures |