About Houzz
Houzz is a company based in Palo Alto (United States) founded in 2009 by Adi Tatarko and Alon Cohen.. Houzz has raised $613.6 million across 5 funding rounds from investors including Kleiner Perkins, T. Rowe Price and Wellington. Houzz has completed 1 acquisition, including GardenWeb. Houzz operates in a competitive market with competitors including Porch, Angi, Wrench Group, Block Renovation and Plunk, among others.
- Headquarter Palo Alto, United States
- Founders Adi Tatarko, Alon Cohen
- Stage Unicorn
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Sectors
Business ServicesReal Estate & Construction Consumer
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$613.6 M (USD)
in 5 rounds
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Latest Funding Round
$400 M (USD), Series E
Jun 09, 2017
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Investors
Kleiner Perkins
& 13 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Houzz
Houzz has successfully raised a total of $613.6M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $400 million completed in June 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series E — $400.0M
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First Round
First Round
(11 Nov 2010)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Series E - Houzz | Valuation | Iconiq Capital | |
| Oct, 2014 | Amount | Series D - Houzz | Valuation | Sequoia Capital | |
| Jan, 2013 | Amount | Series C - Houzz | Valuation | New Enterprise Associates , GGV Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Houzz
Houzz has secured backing from 14 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Kleiner Perkins, T. Rowe Price and Wellington. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location | |
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Provider of investment management and real asset services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Houzz
Houzz has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include GardenWeb. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online discussions on home design topics are facilitated by GardenWeb.
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1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Houzz
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Houzz Comparisons
Competitors of Houzz
Houzz operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Porch, Angi, Wrench Group, Block Renovation and Plunk, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online listing platform for home improvement service professionals
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| domain | founded_year | HQ Location |
Home repair professionals are hired via an app-based platform.
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| domain | founded_year | HQ Location |
Web application that enables tradesmen to create customized preventive maintenance programs
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| domain | founded_year | HQ Location |
Renovation services for bathrooms and kitchens are provided.
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| domain | founded_year | HQ Location |
AI-driven property appraisal software is provided for real estate professionals.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Houzz
Frequently Asked Questions about Houzz
When was Houzz founded?
Houzz was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Houzz located?
Houzz is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Houzz?
Alon Cohen is the current CEO of Houzz. They have also founded this company.
Is Houzz a funded company?
Houzz is a funded company, having raised a total of $613.6M across 5 funding rounds to date. The company's 1st funding round was a Series C of $35M, raised on Nov 11, 2010.
What does Houzz do?
Houzz was founded in 2009 in Palo Alto, United States, as an online platform in the home improvement sector. Users are allowed to register and search for photos, professionals, and products. Tools and features are provided for planning and executing renovation projects, with options to browse designs, shop items, and collaborate with experts across the platform.
Who are the top competitors of Houzz?
Houzz's top competitors include Porch, Block Renovation and Wrench Group.
How many acquisitions has Houzz made?
Houzz has made 1 acquisition, including GardenWeb.
Who are Houzz's investors?
Houzz has 14 investors. Key investors include Kleiner Perkins, T. Rowe Price, Wellington, Sequoia Capital, and GGV Capital.
What is Houzz's valuation?
The valuation of Houzz is $4B as of Jun 2017.
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