Real estate made easy…

Opendoor offers a unique platform to buy and sell homes. The most recent $300 million Series E-2 round was a follow-on equity financing from investors including General Atlantic, Hawk Equity, SoftBank Vision Fund, Access Technology Ventures, Lennar Corporation, Fifth Wall Ventures, SV Angel, Norwest Venture Partners, NEA, GGV Capital, Khosla Ventures, and GV along with other strategic investors. The terms surrounding the Series E-2 include a pari passu liquidation preference with Series E and E-1, and conventional convertible meaning they will not participate with common stock if there are remaining proceeds. The most recent price per share is $13.3288, an up round from Series E at $9.5780.

Open door is in the process of going public through Social Capital Hedosophia II, the blank-check company associated with investor Chamath Palihapitiya.

The Prime Unicorn Index provides a unique opportunity for institutional investors  to access a fair representation of the private markets where they can make an investment on the future of their portfolios, whether they want to go long or short.

Additionally, the Index provides up-to-date empirical data used to track today’s private capital markets and offer ways to offset exposure in regard to direct private market investments by taking advantage of the trading opportunities presented by Prime Unicorn Index.

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Bloomberg Ticker: PUNICORN

Reuters Ticker: .PUNICORN

Q3 2020 Reconstitution Report

 

Deals and post-money valuations on the new 5 components to the Prime Unicorn Index