Houzz

Houzz

Online platform for home improvement services

About

Houzz is an online platform focused on home improvement and remodeling. It connects homeowners with professionals such as contractors, architects, and interior designers. Homeowners can browse a directory of professionals to find the right fit for their projects, while professionals can create detailed profiles to market their services. The platform also offers a wealth of inspiration and ideas for homeowners, allowing them to explore different styles and rooms, and connect with local experts. Houzz differentiates itself from competitors by combining a marketing tool, customer relationship management (CRM) system, and project management features into one platform. The goal of Houzz is to simplify the home improvement process for homeowners and provide professionals with effective tools to grow their businesses.

Company Stage

Series E

Employees

1,001-5,000

Industries

Design, Consumer Goods

Total Funding

$596.9M

Headquarters

N/A

Founded

2009


Simplify Jobs

Simplify's Take

What believers are saying

  • The release of the 2024 Houzz U.S. Renovation Barometer indicates a positive shift in the construction sector, potentially leading to increased demand for Houzz's services.
  • Emerging design trends and the platform's ability to predict and showcase these trends can attract more users and professionals, boosting engagement and revenue.
  • Winning the 'Best of Houzz' award for customer service for nine consecutive years highlights the platform's strong reputation and customer satisfaction.

What critics are saying

  • The home improvement market is highly competitive, with numerous platforms vying for the same audience, which could dilute Houzz's market share.
  • Frequent changes in building codes and regulations, as seen in the ADU market in San Diego, could complicate project management and compliance for professionals using Houzz.

What makes Houzz unique

  • Houzz uniquely combines a directory, CRM, and project management tools into a single platform, offering a comprehensive solution for home improvement professionals.
  • The platform's dual focus on providing inspiration for homeowners and marketing tools for professionals sets it apart from competitors who may only focus on one aspect.
  • Houzz's extensive community of 65 million homeowners and 3 million professionals creates a robust network effect, enhancing its value proposition.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-8%

2 year growth

-17%

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