After serving as an Opendoor board member for a year, Carrie Wheeler was asked by the company to join as chief financial officer in September 2020. Now, Wheeler works closely with Eric Wu, Opendoor’s co-founder and CEO, to help drive the company’s financial model and grow its business. After the company went public, Opendoor raised nearly $1.5 billion to support its growth, and Wheeler led a follow-on equity offering in 2021 that generated another $860 million for the business in what has been the fastest equity raise for a company post-initial public offering.
Wheeler helped lead the charge for the acquisitions of three new companies: Pro.com, Skylight and RedDoor. Third quarter 2021 results showed that Opendoor has made progress in driving acquisition and revenue growth as revenue had increased 91% from the second quarter.
Name:
Carrie Wheeler
Title:
Chief Financial Officer
Company Name:
Opendoor