![]() So far, Houzz has reportedly raised US$ 650 million in funding from venture capitalists like GGV Capital, New Enterprise Associates, and DST Global, among other prominent investors.Ī GM Insights report notes that the remodeling market size was valued at US$ 3.8 trillion in 2020, and it is expected to grow till 2027 at a compound annual growth rate (CAGR) of 4.1 per cent amid rapid urbanization and an expected surge in demand for home improvement projects. The company also offers home improvement subscriptions and sells furniture through third-party sellers. It aims to connect homeowners with professionals who have the best resources, vendors, and tools required for remodeling. Meanwhile, as more people have spent their time at home during the pandemic since early 2020, the demand for remodeling services of homes is on a higher side, and that could boost the company's prospects.Įstablished in 2009, Houzz provides home renovation and design services. It also cancelled the plans of launching its furniture segment due to a downturn in the business. Houzz reportedly reduced 10 per cent of its staff in 2020 due to the negative impact of the coronavirus pandemic. However, reports suggest that the company is considering a public debut as it has seen a bit of resurgence after the COVID-19 pandemic.Īlso Read: E Automotive IPO: How to buy the Canadian online car seller's stock? The official statement is yet to come from Houzz. In 2021, private companies opted for an IPO worldwide, and the overall demand for pre-IPO stocks remained high. The home remodeling company could go public in 2022, and it will likely depend on market conditions. It was reportedly last valued at US$ 4 billion in 2017 after a private funding round led by ICONIQ Capital. Houzz could be looking to go public as the online architecture company may have got an extra boost during the COVID-19 pandemic. It is likely in touch with Goldman Sachs to prepare for the initial public offering (IPO). ![]() is reportedly looking to go public in the US markets. Please note the this app app is compatible with iOS 13.0 and above only.The California-based home remodeling company Houzz Inc. Use of the this app iOS App and the services provided through the Apps are subject to this app.com's terms of use: app.com/termsOfUse CNN named it the “Wikipedia of interior and exterior design.” The this app app topped The New York Times list of “best apps for home improvement.” The Washington Post called this app the “single best source" for finding inspiration. Discuss home design and renovation topics in our Advice section and get feedback from the this app community on your projects and ideas. Watch this app TV to see original videos of inspiring homes, how-tos and more. Check out our biweekly this app Newsletter for engaging and informative articles, including home tours, full kitchen and bathroom remodeling guides, industry news, decorating tricks, organizing guides, designing for pets, gardening advice, humor and everything in between. Read Articles From Our Editorial Staff and Design Experts Connect with over 3 million home improvement professionals, including architects, general contractors, interior decorators, repair professionals and more. Wondering what that sofa would look like in your living room? Select the View in My Room 3D feature and use the camera on your iPhone or iPad to see 3D products would look in your space.įind, Hire and Collaborate with the Best Home Professional for Your Project Use Visual Match, our visual recognition technology, to discover and buy products and materials directly from photos on this app. Save up to 75% off during featured sales. Shop from more than 5 million products and materials, including vanities, cabinets, lighting, furniture, tile and more. Use the Sketch feature to annotate and draw directly on photos from this app.įind, View and Buy Products for Your Home Save and share home design photos with friends, family and home professionals. Choose by style, location or room, such as kitchen or bathroom. Over 2.5 crore inspiring photos and articles from top designers around the world. Browse more than 25 million high-resolution photos of home interiors and exteriors. The largest collection of interior design and decorating ideas on the Internet, including kitchens and bathrooms. Whether you’re building, remodeling or decorating, this app has you covered. 1 app for improving and designing your home.
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