Eric Wu
Description
Eric Wu is a highly influential figure in the real estate technology sector, best known as the co-founder and President of Opendoor, a pioneering iBuyer platform that revolutionized residential real estate transactions. His entrepreneurial journey began with Trulia.com, where he served as Head of Geo/Social Products, gaining deep insights into online real estate marketplaces before co-founding Opendoor. This extensive operational background provides him with a unique lens for identifying and supporting disruptive startups.
As an angel investor, Eric Wu primarily focuses on early-stage companies (Seed to Series A) that are innovating within proptech, fintech, and consumer marketplaces. He seeks out ventures that leverage technology to solve complex problems, improve efficiency, or create new value propositions in traditional industries. His investment thesis is heavily informed by his experience building and scaling Opendoor, which at its peak achieved a market capitalization exceeding $15 billion, demonstrating his understanding of market disruption and growth.
Wu is a strategic investor who often provides more than just capital, offering invaluable mentorship and industry connections to his portfolio companies. He has made over 25 angel investments, backing a diverse range of promising startups. Notable investments include Flyhomes, a proptech company that has raised over $300 million to streamline home buying, and Homeward, another real estate innovator that has secured more than $370 million in funding. His involvement signals strong validation for early-stage companies in these competitive sectors.
His typical first check sizes reflect his status as a prominent and impactful individual investor, aiming to provide meaningful early capital to high-potential ventures.
Investor Profile
Eric Wu has backed more than 44 startups, with 4 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United States, France, Mexico.
- Strong thematic focus on Software, Real Estate, FinTech.
- Typical check size: $100K – $750K.
Stage Focus
- Seed (45%)
- Series A (34%)
- Series B (9%)
- Pre Seed (7%)
- Series C (5%)
Country Focus
- United States (93%)
- France (2%)
- Mexico (2%)
- Canada (2%)
Industry Focus
- Software
- Real Estate
- Fintech
- Internet
- Financial Services
- Finance
- Marketplace
- Artificial Intelligence (Ai)
- Productivity Tools
- Property Management
Frequently Asked Questions
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