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Announced

Completed

Khosla Ventures and Inspired Capital completed the acquisition of a minority stake in Mainstay from Opendoor.

Synopsis

Private equity firms Khosla Ventures and Inspired Capital completed the acquisition of a minority stake in Mainstay, a comprehensive market intelligence and transaction platform, from Opendoor, an e-commerce platform for residential real estate transactions. Financial terms were not disclosed. "At Khosla Ventures, we invest early into companies that are bold and impactful like we did with Opendoor early on. We are excited to partner with the founding team at Mainstay, who we have known for years, to continue to build out their platform for owners, operators and residents," David Weiden, Khosla Ventures Managing Partner.

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