Houzz

Company Overview

Snapshot

Founded in June 2008 by Adi Tatarko and Alon Cohen, Houzz operates with over 1,000 employees. The company has raised $613.6M across 6 funding rounds from 13 investors. In February 2018, Houzz acquired IvyMark to expand its services for designers.

Business overview

Houzz provides a cross-platform solution for home remodeling and design, connecting homeowners, design enthusiasts, and home improvement professionals. The company's core technology leverages web and mobile platforms to offer resources for projects of all sizes. Houzz serves a broad market, including consumers and professionals in the commerce and retail sectors, with a focus on home goods and lifestyle.

Strategic signal

In December 2022, Houzz implemented workforce optimizations, laying off nearly 100 employees across its US and Israeli operations. This strategic adjustment indicates a focus on streamlining operations and adapting to market conditions, signaling a potential shift towards greater efficiency and resource allocation in key areas.

Company Intelligence Q&A

What is Houzz's primary business?

Houzz provides an all-in-one software solution for home remodeling and design, connecting homeowners and professionals through a comprehensive platform.

When was Houzz founded and by whom?

Houzz was founded in June 2008 by Adi Tatarko and Alon Cohen.

What was a significant acquisition made by Houzz?

In February 2018, Houzz acquired IvyMark to expand its services specifically for designers.

What was a recent operational change at Houzz?

In December 2022, Houzz conducted layoffs, impacting nearly 100 employees globally across its US and Israeli offices.

What is the total capital raised by Houzz?

Houzz has raised a total of $613.6M across 6 funding rounds.