Search company, investor...
Houzz company logo

Houzz

houzz.com

Founded Year

2008

Stage

Corporate Minority | Alive

Total Raised

$613.6M

About Houzz

Houzz is an online platform for home remodeling and design. Houzz connects homeowners, home design enthusiasts and home improvement professionals across the country and around the world.

Headquarters Location

285 Hamilton Avenue 4th Floor

Palo Alto, California, 94301,

United States

650-326-3000

Missing: Houzz's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Houzz's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Research containing Houzz

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Houzz in 1 CB Insights research brief, most recently on Oct 13, 2022.

Expert Collections containing Houzz

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Houzz is included in 4 Expert Collections, including E-Commerce.

E

E-Commerce

9,879 items

U

Unicorns- Billion Dollar Startups

1,201 items

H

Home Goods & Furniture

331 items

Tech-enabled companies offering services and products focused on furniture, home accessories, and interior design. This collection includes direct-to-consumer (D2C) startups, peer-to-peer (P2P) marketplaces, and 3D & AR/VR visualization tools, among others.

T

Tech IPO Pipeline

568 items

Houzz Patents

Houzz has filed 1 patent.

The 3 most popular patent topics include:

  • Wireless networking
  • Network protocols
  • Software architecture
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/28/2019

4/26/2022

Wireless networking, Software architecture, Network protocols, Mobile computers, Data management

Grant

Application Date

8/28/2019

Grant Date

4/26/2022

Title

Related Topics

Wireless networking, Software architecture, Network protocols, Mobile computers, Data management

Status

Grant

Latest Houzz News

Here’s why Home Depot and Lowe’s are booming in a housing market bust

Nov 17, 2022

Sara Min 13 hours ago Home Depot and Lowe’s reported strong quarterly earnings on Tuesday and Wednesday, respectively. Lowe’s shares rose 3% on Wednesday. Executives from both companies spoke optimistically about the prospects for their business in 2023. This is due to the fact that home sales, prices and construction are significantly reduced due to a sharp jump in mortgage rates. - Advertisement - Home Depot CFO Richard McPhail pointed to an “improve in place” mentality among current homeowners who may have wanted to sell but changed their minds because they could no longer handle high prices. “All we can do at the moment is repeat what our customers tell us,” McPhail said. “There is a dynamic that we don’t see in the market. With rising mortgage rates, homeowners are staying put.” With rising mortgage rates, homeowners are staying put. Richard Macphail Home Depot CFO According to CoreLogic, home prices in October are still 11.4% higher than in October 2021, but this annual comparison has been declining for several months. Prices are falling from month to month at a much faster pace than normal seasonal trends. However, the unprecedented rise in home prices in the early years of the pandemic, fueled by record low mortgage rates and the desire of many Americans to move to larger suburban homes, has given homeowners significant capital. In just two years, prices have jumped more than 40%. According to Black Knight, by the end of the first quarter of this year, before the mortgage rate spike sent the housing market down, homeowners had $11 trillion in what they call available capital. This is the amount that the borrower can take out of the house, leaving 20% ​​of the capital in it. In the first quarter of this year alone, that capital grew by an unprecedented $1.2 trillion. For a single homeowner, this equates to approximately $207,000 in available capital. According to Lowe’s CEO Marvin Ellison, this capital is part of a tripartite driving force behind home improvement. He pointed to rising house prices, the age of the US housing stock, which is about 40 years old, the oldest since World War II, and high levels of personal disposable income. “So when you look at all of these factors, these things portend an improvement in the home, and we are very good at our current trends,” Ellison said in an interview Wednesday on CNBC’s “Squawk Box.” Construction vs Renovation Homebuilders, some of whom work in both construction and home renovations, are not feeling as optimistic in their market. Builder sentiment fell in November for the eleventh month in a row, hitting its lowest level in a decade, according to the National Home Builders Association. However, the NAHB predicts that the renovation sector will outperform the housing sub-markets during the current housing decline. “The pace of growth in home improvement spending will slow due to declining existing home sales,” said Robert Dietz, chief economist at the NAHB. “However, an aging housing stock, work-from-home trends and declining household mobility are favoring renovation spending.” Dietz also points to the “interest rate lock-in effect” meaning that people don’t want to sell a home where they can pay a 2.75% mortgage interest rate and trade it in for another home where the rate is likely to be around 7%. Today. The Harvard Amalgamated Housing Center predicts annual growth in home improvement and maintenance spending will drop “dramatically” by the middle of next year, but only to 6.5% from an unusually high 16%. “Housing and renovation markets are clearly slowing down due to the exceptionally high and erratic growth rates that have followed the pandemic-driven recession,” says Carlos Martín, project director for the Remodeling Futures program at the Center. “Home improvement spending will continue to face headwinds from declining home sales, rising interest rates, and rising contractor labor and building material costs.” Despite inflation in almost everything in the economy, consumers seem to want to spend more on their homes. Both Lowe’s and Home Depot showed a drop in the number of sales, but an increase in the amount of those sales in dollars. This resulted in an increase in their income. “There is inflation and elasticity in the market, but not to the degree we expected, and the buyer is showing us that it is resilient,” Home Depot’s McPhail said. A recent survey of nearly 4,000 homeowners by Houzz, a home improvement and design website, found that only 1% of homeowners reported canceling a home improvement project in 2022. Meanwhile, 37% completed a project in 2022, and almost a quarter said they planned to start a home improvement project in the next 12 months. “In addition, more than half of the homeowners we surveyed have no plans to sell or move out of their current home in the next 20 years or ever,” said Marine Sargsyan, Houzz staff economist. Credit: www.cnbc.com /

Houzz Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Houzz Rank

Houzz Frequently Asked Questions (FAQ)

  • When was Houzz founded?

    Houzz was founded in 2008.

  • Where is Houzz's headquarters?

    Houzz's headquarters is located at 285 Hamilton Avenue, Palo Alto.

  • What is Houzz's latest funding round?

    Houzz's latest funding round is Corporate Minority.

  • How much did Houzz raise?

    Houzz raised a total of $613.6M.

  • Who are the investors of Houzz?

    Investors of Houzz include The Times Group, Sequoia Capital, GGV Capital, Felix Capital, ICONIQ Capital and 15 more.

  • Who are Houzz's competitors?

    Competitors of Houzz include Pinterest and 3 more.

Compare Houzz to Competitors

HomeX Logo
HomeX

HomeX provides end-to-end home repair services, delivering virtual technical expertise and a seamless in-home experience tailored to homeowners' needs.

Kive Logo
Kive

Kive provides a visual content library for creatives through AI that helps to search across objects, light types, colors, faces, emotions, and other concepts. It caters to filmmakers, designers, photographers, architects, fashion stylists, publishers, and e-commerce brands. The company was founded in 2018 and is based in Stockholm, Sweden.

n
nate

nate is a micro-agent that transacts online on behalf of people. Per the company, it offers an online shopping tool that centralizes purchasing onto a single platform with the aim of allowing clients to acquire a product from any digital commerce store with what the firm describes as a 'click of a button'. The firm’s fintech app aims to serve as a universal shopping solution. It also offers its own buy now pay later solution, and is aiming to offer a line of payment products.Initially when it began, the company said its neural networks understand web code and decide where to click and what to fill out, navigating the web in the same way a human would. Live on iOS, users can send requests for Nate to buy anything, anywhere. A single, universal solution for everyday purchases.

ViSenze Logo
ViSenze

ViSenze powers visual commerce at scale for retailers, publishers, and OEMs. The company delivers intelligent image recognition solutions that shorten the path to action as consumers search and discover online. ViSenze’s automated AI platform empowers retail merchants to increase revenue by delivering experiences that make it easier for shoppers to discover products. The company's customers include retailers like ASOS, H&M, Rakuten, Zalora, Meesho, DFS, and EyeBuyDirect. ViSenze was founded in 2012 and is based in Singapore.

V
Virtual Boards Technologies

Virtual Boards Technologies is the operator of Kwaab, an image curation platform that allows users to discover, collect and share content curated by designers, stylists, boutiques, brands and others from across the web.

The Hunt Logo
The Hunt

The Hunt is a community-driven shopping experience that makes it easy and fun to shop for the things seen in photos on sites like Pinterest, Facebook, Instagram and Tumblr. The Hunt solves shoppers foremost pain point when browsing these sites: where to actually purchase the item in the photo.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.