OfferPad made its public debut with $260M in funding

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A real estate tech startup bounded out of the shadows with $260 million in financing to turbocharge an alternative to traditional listing brokerage. Closely resembling Opendoor, OfferPad buys homes directly from homeowners. The company’s public debut underscored the momentum of iBuyers, companies that leverage technology to make quick offers on homes and close in days, catering to sellers who desire convenience and speed above anything else.