Houzz Raises $400m in Funding

▤ Summary

Houzz, a Palo Alto, CA-based platform for home remodeling and design, raised $400m in funding.The round, which valued the company at $4 billion, according to Bloomberg, was led by Iconiq Capital, with participation from Sequoia, Zeev Ventures and GGV.With a large residential design database and a technology empowered community, Houzz enables people to find inspiration, get advice, buy products and hire the professionals they need.The Houzz Marketplace offers everything from items for major remodeling projects and custom home builds, such as bathtubs and fixtures, to furniture and decor products.All professionals working in the home improvement industry, including designers, architects, contractors, and more, can apply to the program.

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