Access Technology Ventures’ Position in Opendoor Tops $1 Billion

September 23, 2021

Access Technology Ventures, the venture capital and growth technology investment arm of privately held industrial group Access Industries, announced today an additional $300 million purchase of stock of Opendoor Technologies Inc. (NASDAQ: OPEN), a leading digital platform for residential real estate. Access’ $1 billion position makes it Opendoor’s largest shareholder. Access’ additional purchase of Opendoor stock is consistent with Access’ strategy to invest in and help build foundational companies that touch millions of customers across the consumer and enterprise technology ecosystems.