AUSTIN, Texas--(BUSINESS WIRE)--Real estate technology company Opcity today announced the opening of its new 50,000-square-foot headquarters. Located at the Met Center in East Austin, TX, Opcity’s move comes on the heels of its “Top Workplace” recognition by the Austin American-Statesman and its $27 million Series A funding round led by Icon Ventures in May 2017. Opcity plans to double its employee count by the end of 2018.
With plans for national coverage in early 2018, Opcity currently partners with over 1,000 brokers and 13,000 agents across more than 30 states, all of whom utilize the platform’s unique matching algorithm to connect with qualified home buyers and sellers in real-time, improving the residential real estate consumer experience. Broker and agent partners span franchised brands, including Century 21, Berkshire Hathaway Home Services, Better Homes & Gardens, Keller Williams, ReMax, and leading independent brokerage companies.
“Opcity is proud to make buying and selling a home a more positive consumer experience, while also simplifying the marketing and the real estate transaction for brokers and agents,” said Ben Rubenstein, CEO and co-founder of Opcity. “At Opcity, we are truly excited by the hundreds of technology and sales jobs we’ve already been able to add in Austin, as well as hundreds more we’ll bring in the coming year.”
After a thorough analysis of current and future employee commutability, Opcity chose a headquarters located outside of the congested downtown and MoPac corridor. The attractive new workspace was designed and constructed with Opcity’s unique business model and company culture in mind. With an open floorplan and room to expand up to 100,000 square feet, Opcity is prepared to accommodate for its current 225-person staff to double by the end of 2018. Culture-centric features include free lunch for all employees, an onsite gym with showers, a patio for work, relaxation and gatherings, a courtyard with ping-pong and other games, an onsite disc golf course, and other fun amenities.
“Company culture is top priority at Opcity,” said Jill Dwyer, Opcity’s Head of Culture. “With a track record of building award-winning office cultures, it’s clear Opcity’s executive leadership kept its employees in mind throughout the new headquarters’ design and development phases.”
“Last year, the Austin metro created 32,200 net new jobs, tracked 50 announced corporate relocations, and gained more than 58,000 new residents,” said Charisse Bodisch, Senior Vice President of Economic Development at the Austin Chamber of Commerce. “With our continued growth we welcome companies like Opcity who choose to locate into employment centers throughout the region, which help to distribute employment opportunities, alleviate traffic congestion and assist with affordability.”
Opcity’s technology platform identifies transaction-ready buyers and sellers in the growing haystack of online real estate inquiries and delivers them to top agents through brokers in real-time with no upfront cost. Using proprietary data and applied analytics, Opcity’s unique technology and matching algorithm converts online inquiries into transactions, increasing the conversion rate by three to five times the industry average. Opcity is the second startup for Austin-based Rubenstein, whose success and experience in founding and growing Yodle (acquired by Web.com in 2016 for $342 million and a consistent winner of Best Places to Work) has helped drive early execution and rapid growth for the company.
Opcity is modernizing the real estate industry by matching top agents with qualified home buyers and sellers in real-time. Using large proprietary data sets and applied analytics, Opcity’s unique technology and matching algorithm turn online inquiries into transactions, drive increases in conversion by three to five times the industry average, and give brokers centralized insights into agents’ pipelines for the first time. Based in Austin, TX, Opcity is a fast-growing company tackling some of the most exciting challenges in the way people buy and sell homes.