Evernest vs Opendoor
Side-by-side comparison of AI visibility scores, market position, and capabilities
Birmingham AL tech-enabled SFR property management at 23,000+ units/$75M 2025 revenue; Poplar Homes acquisition Jan 2025 with $15M LL Funds established as #2 tech-enabled PM platform competing with AppFolio for residential investor management.
About
Evernest is a Birmingham, Alabama-based tech-enabled residential property management company — backed with growth capital from LL Funds — providing single-family home, condo, and small multifamily property investors with full-service property management across 50+ US markets, managing 23,000+ units for approximately 9,000 investors and generating approximately $75 million in annual revenue as of 2025. In January 2025, Evernest completed its largest acquisition — acquiring Poplar Homes (a tech-enabled property management platform) alongside $15 million in new funding from LL Funds — establishing Evernest as the second-largest tech-enabled property management platform in the US and expanding into six new states including West Coast markets. Evernest has executed 18+ property management company acquisitions in its acquisition-led growth strategy. CEO Matthew Whitaker founded the company during the 2008 financial crisis when he was forced to rent rather than sell his investment properties. Evernest has appeared on the Inc. 5000 list eight times in nine years (ranked #1,743 in 2025). 379 employees.
Opendoor is the real estate iBuyer platform that simplifies home buying and selling through instant cash offers, processing $5B+ in home purchases in 2024 while transitioning to an AI-powered real estate platform.
About
Opendoor is a real estate technology company that pioneered the iBuyer model—making instant cash offers to homeowners who want to sell their homes quickly without the traditional listing process. Founded in 2014 by Eric Wu and others, Opendoor simplified home selling by offering homeowners an immediate, all-cash purchase at a fair market price, handling all the closing logistics and then relisting the home for sale. This model eliminated the uncertainty and friction of traditional real estate transactions for sellers who valued speed and certainty over maximizing sale price.
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