Opcity - About the company
Opcity is an acquired company based in Austin (United States), founded in 2015 by Michael Lam. It operates as a Real estate lead generation platform connecting agents with pre-screened, motivated buyers. Opcity has raised $28.8M in funding from Icon Ventures. The company has 89 active competitors, including 21 funded and 7 that have exited. Its top competitors include companies like HomeLight, Nobul and RateMyAgent.
Company Details
Real estate lead generation platform connecting agents with pre-screened, motivated buyers. This platform provides live-transferred, pre-screened real estate leads, empowering agents to connect, convert, and repeat. It offers a comprehensive solution for real estate professionals seeking to enhance their lead generation efforts. The service vets potential buyers and sellers, ensuring agents connect with individuals ready to transact. Agents receive lead alerts via SMS or app push notifications and compete for the opportunity to engage with the client. An admin dashboard offers insights into agent performance, active pipelines, and lead stages. This platform is a B2B service, offering a SaaS model with advanced analytics and reporting. It is a lead generation software that streamlines the process of connecting agents with qualified prospects, increasing conversion rates and optimizing performance.
- Website
- opcity.com
- Email ID
- *****@opcity.com
Key Metrics
Founded Year
2015
Location
Austin, United States
Stage
Acquired
Total Funding
$28.8M in 1 round
Latest Funding Round
Investors
Ranked
3rd among 89 active competitors
Employee Count
59 as on Aug 31, 2026
Exit Details
Acquired by Move (Aug 29, 2018)
Opcity's acquisition details
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Opcity's funding and investors
Opcity has raised a total funding of $28.8M over 1 round. Its latest funding round was a Series A round on May 11, 2017 for $*****. 3 investors participated in its latest round. Opcity has 3 institutional investors.
Here is the list of recent funding rounds of Opcity:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 11, 2017 | 7016679 | Series A | 6477159 | 6176690 | 4070179 | 9350008 |
View details of Opcity's funding rounds and investors
Opcity's founders and board of directors
Founder? Claim ProfileThe founders of Opcity is Michael Lam.
Here are the details of Opcity's key team members:
- Michael Lam: Co-Founder of Opcity and founder of 1 other company.
View details of Opcity's Founder profiles and Board Members
Opcity's employee count trend
Opcity has 59 employees as of Aug 26. Here is Opcity's employee count trend over the years:
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Opcity's Competitors and alternates
Top competitors of Opcity include HomeLight, Nobul and RateMyAgent. Here is the list of Top 10 competitors of Opcity, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | HomeLight 2012, San Francisco (United States), Series D | Provider of an online recommendation platform for brokers | $314M | 73/100 | |
2nd | Provider of SaaS-driven networks for real estate agents and professionals | $40M | 53/100 | ||
3rd | Opcity 2015, Austin (United States), Acquired | Real estate lead generation platform connecting agents with pre-screened, motivated buyers | $28.8M | 50/100 | |
4th | RateMyAgent 2003, Carlsbad (United States), Series A | Online rating and review platform for real estate agents | $7.17M | 50/100 | |
5th | Real-Estate agent aggregator | $15.3M | 50/100 | ||
6th | Showdigs 2018, Seattle (United States), Seed | Online platform to find real estate agents | $11.9M | 46/100 | |
7th | UpNest 2013, Burlingame (United States), Acquired | Online platform matching with real estate agents | $2.8M | - | 44/100 |
8th | easyProperty.com 2013, London (United Kingdom), Series B | Provider of digital tools for comparing residential property sales agents | $39.9M | 43/100 | |
9th | GetAgent 2014, London (United Kingdom), Seed | SaaS-driven recommendation platform for brokers | $8.01M | 42/100 | |
10th | Local Agent Finder 2007, St Kilda (Australia), Series A | Online platform connecting homeowners with local real estate agents | $11M | 42/100 |
Looking for more details on Opcity's competitors? Click here to see the top ones
Opcity's Investments and acquisitions
Opcity has made no investments or acquisitions yet.
Reports related to Opcity
Here is the latest report on Opcity's sector:
News related to Opcity
•
Realty Partners and OpCity Partner to Provide Lead Follow-up ServicesBusiness PR News•Nov 08, 2019•Realty Partners, Opcity
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Homeward Secures $25M in Funding, Empowers Homeowners to Buy Their Next Home Before SellingBusiness Wire•Jul 22, 2019•LiveOak Venture Partners, Homeward, Genesis Capital, Keystone Bank and 9 others
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Opcity Plans to Open a New Engineering Hub in Downtown Austin with 200 Employeessiliconhillsnews.com•Jun 13, 2019•Opcity, realtor.com®
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News Corp Completes Acquisition of OpcityBusiness Wire•Oct 11, 2018•News Corp, Opcity, realtor.com®, raxrealty.com and 1 other
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News Corp Agrees to Acquire OpcityBusiness Wire•Aug 29, 2018•News Corp, realtor.com®, Opcity, Move and 1 other
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Opcity Opens 50,000-Square-Foot Headquarters to Accommodate Rapid Hiring and GrowthBusiness Wire•Nov 15, 2017•Opcity
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Opcity Raises $27M in Series AMassinvestor•May 10, 2017•Opcity, Icon Ventures, Georgian Partners, LiveOak Venture Partners
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