#Houzz valuation professional
#Houzz valuation free

It also added an AR feature to its mobile app that enables users to preview what new pieces of furniture might look like in a certain place in their home. Last fall it introduced a deep learning tool that analyzes home photos added to the site and enables users to search for and purchase comparable products directly from the page. Furthermore, the median total spend on 2018 renovations held steady at 15,000. The ultimate awesome mega startup to work for this company has had 4 rounds of massive investment led by Sequoia in the last round pre IPO valuation at 2.3. It makes money mostly through paid listings for local home professionals and service providers, but has been delving more deeply into direct commerce through the introduction of deep learning and AR products it’s added to its website and mobile apps. Nationally, a typical (median) homeowner on Houzz plans to spend 10,000 on home renovations in 2019, in line with the previous three years. Unlike Pinterest, however, Houzz doesnt leave you confused with an unfiltered ocean of. Benefitting from this growth is Billion Dollar Unicorn Houzz, which recently raised a massive round. Houzz is a Pinterest lovers dream for remodeling their home. The company has users all over the world, in markets that include the U.S., U.K., Australia, France, Germany, Russia, Japan, Italy, Spain, Sweden and Denmark. According to eMarketer, the online market for home furnishings is expected to double from 27 billion in 2015 to 55 billion by 2020. The company confirms that it is raising $400 million in new financing, at a valuation that multiple reports peg at around $4 billion.įounded in 2009, Houzz provides a platform to help users renovate and remodel their homes, as well as providing tools for finding furniture and fixtures they might want to purchase. That same year in Europe, where Houzz recently expanded, consumers spent $420 billion, according to research group Euroconstruct.Home improvement platform Houzz continues to grow, and is in the process of raising another huge round of funding. consumers spent $355 billion in 2016 on furniture and home repairs, according to a study from Harvard University’s Joint Center for Housing. The startup however will need capital to grow its presence in a rapidly expanding online market for home furnishings. is finalizing a deal to raise 400 million in an investment that values the eight-year-old company at about 4 billion. Houzz declined to comment on its valuation or IPO timeline. The startup is run by husband and wife founders Adi and Elon Tatarko, who serve as chief executive officer and chief operating officer.

Houzz was last valued at $4 billion, according to the people, who asked not to be identified discussing the privately held company. We believe in some value of being on Houzz for sure.

#Houzz valuation free

See our services in action: get a free video demo now. For Art or custom builders.' Read the funny roasts of Houzz now. Houzz is a platform for home remodeling and design, which provides people with everything they need to improve their homes from start to finish - online or. The interesting thing here is that Houzz has managed to attract such a hefty valuation in the face of companies like Pinterest, which is worth more than 12 billion and has 175 million monthly. Since launching in 2010, Houzz has raised about $614 million, enough to make it unlikely to sell to a larger player in the home improvement space, two people familiar with its strategy said. 'Houzz works for only 20 percent of contractors.

#Houzz valuation professional

He’d been with LinkedIn for eight years and played a role in the professional social network’s own coming-out party. Disclosure: Comcast Ventures, the investment arm of Comcast, CNBCs parent company, owns a stake in Houzz. Maximize sales demonstrating your remarkable valuation. Richard Wong, LinkedIn’s former vice president of finance, is Houzz’s first c-suite executive hire and signals the Palo Alto, California-based business’s effort to prep itself for public markets. An easy way to present Houzz reviews on the website in just seconds Create a personalized widget. as the home design and shopping services website prepares for an initial public offering. has hired a chief financial officer from LinkedIn Corp.