Opendoor Technologies Inc. (NasdaqGS:OPEN) acquired RedDoor for $15 million on November 3, 2021. The consideration was paid in cash. As part of a business combination in exchange for $15 million in cash consideration, of which $2 million is to be paid out one year following the date of closing. RedDoor will be integrated into Opendoor Home Loans. RedDoor's workforce of nearly 30, including the co-founders, joined Opendoor.

Opendoor Technologies Inc. (NasdaqGS:OPEN) completed the acquisition of RedDoor on November 3, 2021.