Houzz
Consumer & Lifestyle
Founded: 2009
Last Round Valuation: $4.02B
Houzz is an online platform and community dedicated to home design, renovation, and improvement. It provides a wide range of resources and tools for homeowners and professionals in the industry. With millions of users and a vast collection of design inspiration, Houzz serves as a hub for finding ideas, connecting with professionals, and sourcing home products. It offers a marketplace for hiring architects, interior designers, and contractors, as well as a platform for shopping for furniture, decor, and other home products. Houzz has gained significant popularity and is recognized for its innovative approach to home design and its commitment to empowering users to create their dream spaces.
Houzz Overview:
Houzz is a leading online platform and community dedicated to home design and renovation. It was founded in 2009 by Adi Tatarko and Alon Cohen with the goal of revolutionizing the way people design and remodel their homes. Headquartered in Palo Alto, California, Houzz has grown to become a global platform with millions of users and a vast network of home professionals.
At its core, Houzz aims to connect homeowners with architects, interior designers, contractors, and other professionals in the home improvement and design industry. The platform provides a comprehensive set of tools and resources to facilitate the entire home design process, from inspiration and ideation to finding the right professionals and managing projects.
One of the standout features of Houzz is its extensive collection of high-quality images, showcasing different styles, rooms, and design ideas. Users can browse through millions of photos, create personalized ideabooks, and save their favorite designs for future reference. This visual inspiration serves as a starting point for homeowners to envision their dream spaces.
In addition to design inspiration, Houzz offers a marketplace where users can find and hire professionals for their home projects. The platform provides detailed profiles of architects, interior designers, contractors, and other service providers, along with client reviews, project photos, and contact information. This allows homeowners to make informed decisions when selecting the right professionals for their specific needs.
Houzz also offers a range of tools and features to facilitate communication and collaboration between homeowners and professionals. Users can engage in discussions on design topics, ask questions, and seek advice from the Houzz community. Professionals can showcase their work, share project updates, and connect directly with potential clients.
Furthermore, Houzz provides a platform for homeowners to shop for home products and furnishings. The marketplace offers a wide selection of furniture, decor, lighting, appliances, and more, allowing users to find and purchase the items they need to bring their design visions to life.
Over the years, Houzz has gained widespread popularity and recognition within the home design industry. It has received numerous awards and accolades for its innovative approach, user-friendly interface, and contributions to the field of home design. Houzz continues to expand its offerings and enhance the user experience, empowering homeowners and professionals alike to create beautiful, functional, and personalized spaces.
Founders:
Adi Tatarko
Alon Cohen
Top Investors:
Iconiq Capital
GGV Capital
Sequoia Capital
New Enterprise Associates
Great Oaks Ventures
Oren Zeev
Donald Katz
Gary Ginsberg
Funding History:
Date | Share Type | Amount Raised | Raised to Date | Issue Price | Post Money Valuation | Key Investors |
---|---|---|---|---|---|---|
Jun 2017 | Series E | $400MM | $600.75MM | $11.28 | $4.02B | Iconiq Capital, GGV Capital, Sequoia Capital |
Jun 2014 | Series D | $150MM | $200.75MM | $7.49 | $2.29B | Sequoia Capital, New Enterprise Associates, GGV Capital |
Jan 2013 | Series C | $37.5MM | $50.75MM | $1.33 | $366.34MM | GGV Capital, New Enterprise Associates, Sequoia Capital |
Dec 2011 | Series B | $11.38MM | $13.25MM | $0.17 | $41.83MM | Sequoia Capital, Great Oaks Ventures |
Nov 2010 | Series A | $1.86MM | $1.86MM | $0.03 | $5.83MM | Oren Zeev, Donald Katz, Gary Ginsberg |
In the News:
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