# Luke Groesbeck

> Luke Groesbeck is the co-founder and CEO of Foundation, the buyer experience platform that drags homebuilding - one of the last big offline industries - online. After two decades building and scaling Silicon Valley startups including the now-public Opendoor and Eventbrite, he teamed up with two Opendoor colleagues to build what they call 'Shopify for homebuilders': white-labeled apps that carry a buyer from first tour through closing and into the warranty years. Backed by Y Combinator's Summer 2023 batch, Foundation grew 5x in 2025 and now powers the homeowner apps of more than 40% of the top-200 U.S. builders.

- **Role:** Co-founder & CEO at Foundation
- **Organizations:** Foundation, Opendoor, Eventbrite, Lennar, Y Combinator, True Link Financial
- **Nationality:** American
- **Education:** B.A., Economics, University of California, Berkeley, Startup accelerator (alum), Y Combinator
- **Known for:** Co-founded and leads Foundation, a Y Combinator-backed buyer experience platform for homebuilders., Helped build and scale two companies that went public: Opendoor and Eventbrite., At Opendoor, helped scale the homebuilder partnership channel into the company's first billion-dollar partner channel.

## Career timeline

- **2007** — Earned B.A. in Economics from UC Berkeley; interned at homebuilder Lennar during college.
- **2008** — Went through Y Combinator for the first time as an early founder.
- **2010s** — Product and executive roles across venture-backed Silicon Valley startups, including Eventbrite and a VP of Product role at True Link Financial.
- **2010s-2022** — At Opendoor, led product for field tools, then moved to partnerships to scale the company's fastest-growing customer acquisition channels - including its first billion-dollar homebuilder partner channel.
- **2023** — Co-founded Foundation with Derek Schairer and Graham Place; joined Y Combinator's Summer 2023 batch.
- **2024** — First Foundation customers went live in Q1; began rolling out white-labeled homebuyer and homeowner apps.
- **2025** — Foundation grew 5x; builders collectively sold 10,000+ homes a year through the platform; powered 40%+ of homeowner apps among top-200 builders.

## Achievements

- Co-founded and leads Foundation, a Y Combinator-backed buyer experience platform for homebuilders.
- Helped build and scale two companies that went public: Opendoor and Eventbrite.
- At Opendoor, helped scale the homebuilder partnership channel into the company's first billion-dollar partner channel.
- Grew Foundation 5x in 2025, with builders selling 10,000+ homes annually through the platform.
- Foundation's mobile apps power more than 40% of homebuyer/homeowner apps among top-200 builders within 18 months of launch.

## Latest updates

- **2025-12** — Foundation reported 5x growth for 2025, with builders selling more than 10,000 homes a year through the platform and its apps powering 40%+ of top-200 builder homeowner apps.
- **2027-01** — Scheduled to speak at NAHB's International Builders' Show (IBS 2027) on collaboration between builders and technology teams.

## Links

- Website: https://buildwithfoundation.com
- LinkedIn: https://www.linkedin.com/in/lukegroesbeck
- Twitter/X: https://x.com/newgroesbeck

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Profile page: https://yespress.io/luke-groesbeck
Published by YesPress — https://yespress.io
Last updated: 2026-06-22