Fresh off Mary Meeker Report, Houzz Looking To Raise At $2.3 Billion Valuation
J Thoendell stashed this in Tech
The potential $2.3 billion valuation represents a sizable jump from the number in the company’s previous round, which VC Experts’ Justin Byers estimates raised about $30 million at about a $325 million valuation.
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Launched in Feb. 2009, Houzz looks to be the latest startup to reach the vaunted $1 billion-valuation mark, joining the likes of Airbnb, Uber and Snapchat. According to its website, Houzz has 20 million monthly users and addresses a $300 billion home improvement market by providing a platform where consumers can connect to home improvement professionals.