October 3, 2014 0 Comments
With the US housing market slowly picking up, home remodelling marketplaces have started to pick up steam as well. Recently, websites like Pro.com and Porch.com have both enjoyed significant funding rounds from investors. Today, Houzz, an online community about interior design, architecture, home remodelling and landscaping, has received $165 million Series D from a consortium of investors led by Sequoia Capital.
Houzz was founded by a married couple from Israel, Adi Tatarko and Alon Cohen. Houzz.com is the result of the couple’s frustration in finding professional designers and contractors when they were attempting to renovate their home in the US. The website, which started out as a hobby, with friends and relatives as their customers, quickly became a popular destination for homeowners and contractors. Soon, the hobby evolved into a full-time business and it’s since grown to have more than 20 million unique monthly visitors with almost half-a-million contractors and architects signed up.
Learn more about Houzz and its latest funding here.
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