Jump to content

Opcity

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Jeffposaka (talk | contribs) at 16:51, 2 July 2019 (Add references). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Opcity
IndustryReal estate technology
FoundedDecember 2015; 8 years ago (2015-12) in Austin, Texas, United States
FoundersBen Rubenstein, Michael Lam
Headquarters,
United States
Area served
United States
Number of employees
250
ParentMove, Inc.
Websitewww.opcity.com

Opcity the Austin, Texas-based real estate technology company, connects real estate agents and mortgage loan officers to home shoppers using matching algorithms. Opcity was founded in 2015. Opcity initially launched in a handful of markets in 2016 and has since grew quickly due to the brokerage industry demand for its service. [1]

Opcity was acquired by realtor.com a subsidiary of Move, Inc. in August 2018.[2][3][4] [5]Move, Inc. is owned by New York based News Corp.

In June 2019, the company announced that it would open a second Austin office as a tech center for 200 employees.[6][7]

References

  1. ^ https://www.forbes.com/sites/omribarzilay/2017/05/10/opcity-nabs-27m-series-a-round-to-become-the-eharmony-for-real-estate/#4c21d02a7e8b
  2. ^ Al-Muslim, Aisha (August 30, 2018). "News Corp to Acquire Opcity for $210 Million" – via www.wsj.com.
  3. ^ Hawkins, Lori. "Austin real estate startup Opcity to be acquired for $210 million". Austin American-Statesman.
  4. ^ https://www.inman.com/2018/08/29/news-corp-is-buying-opcity-for-210m/
  5. ^ https://www.marketwatch.com/story/news-corp-to-acquire-online-real-estate-platform-opcity-for-210-million-2018-08-29
  6. ^ "Realtor.com® to Open New Opcity Tech Hub in Downtown Austin". finance.yahoo.com.
  7. ^ "Under Newscorp Ownership Opcity to Expand". www.bizjournals.com. June 13, 2019. Retrieved 2019-07-02.

External links