Namely
This New York based startup is aiming to make payroll, benefits, and talent management easier for companies. Used by companies like The Motley Fool, Lending Home, and McKinney, Namely is starting to gain recognition across industries such as IT, healthcare, and customer service. By having an Open API, it is also highly flexible and easily customizable to any business’s needs.

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Postmates
While Amazon is attempting to make same-day delivery a major feature of Amazon Prime, Postmates is making it available now. If you take the convenience of Uber coupled with the idea of on-demand delivery, you get Postmates! This tech startup connects customers with local couriers, so if you want dinner from your favorite restaurant, and they don’t deliver, Postmates will be your go-to!

IrisVR
If you’re into VR or AR technology, you’ve likely heard of HTC, Sony, and Oculus, but you may not have heard of IrisVR. This startup offers users the ability to create virtual reality experiences for their clients. They currently offer two main products: Scope, which renders images into a panoramic format, and Prospect, which is the VR software building platform, compatible with both the Oculus Rift and the HTC Vive.

Slack
Perhaps the most popular tech startup on this list, Slack is changing the way small businesses work and communicate. Slack allows its users to create channels (such as #IT or #Marketing), then post to that channel so everyone subscribed can see what is going on. It also allows for private channels and direct messaging, so not all communication needs to be public. It also allows for attachments to be uploaded to channels, making it an excellent project management tool. It is accessible from both the web and via their app on mobile devices.

Opendoor is based in San Francisco, and is staffed with data scientists who claim they can conduct the entirety of the sales process for homes and cars online. They are attempting to streamline the process of buying and selling a house by making every step more accessible, from selling to touring to buying, with faster results guaranteed.

Is It Risky? 

Opendoor actually owns all the houses it lists for sale, so if the economy takes a turn for the worst, the value of those houses could plummet. After all, since the company’s procedure is based on reselling houses quickly, if the market price in real estate drops, Opendoor may be unable to sell recently purchased homes for a profit.

However, because Opendoor owns all the properties it sells, it can still be a great deal for those trying to sell their homes quickly. A seller only has to fill out a form online, and the company will use the software they’ve created to make an offer. The seller can then receive cash for their quickly sold home from the start up.

Next Steps

After purchasing a home, Opendoor flips it, often within a few months, and resells it for more money. By effectively buying and selling houses quickly, Opendoor is both decreasing the risk of the market crashing while they own these homes, and streamlining the process of buying a house for those involved on both sides. They give home sellers a quick, and lucrative way to get a property off their hands, and give home buyers an equally effective way to purchase a fully prepared home.

Why Is It Making the News?

As of June 7^th, Opendoor has promised to buy back a sold property if the new owner is dissatisfied. If the buyer changes his or her mind within 30 days of purchasing the house, Opendoor will buy it back for the full price.

Along with this money-back guarantee, Opendoor has also created a two-year warranty that claims that any damage done within two years of purchase will be fully compensated! These promises have made house buying safer than ever before, and hint at a future real estate world that is far more technologically-oriented, and far less risky!

What do you think of Opendoor? Think you’ll give it a try? Let us know in the comments below.