Home is where the heart is, and apparently the returns. As housing markets worldwide tentatively recover, VC-backed startups are capitalizing on the home improvement market, helping owners build, renovate and maintain their homes. BuildDirect is one of the latest companies in the space to grab funding (more on that in our Completed VC Financings section below), but it surely won't be the last. Here are some other companies that have received VC backing recently:
Houzz: A site that provides everything from Pinterest-like design inspiration to a home goods e-commerce platform to review and hire home improvement professionals. In October, the company announced a $165 million Series D round that brought a valuation of $2.3 billion.
Handy: An app that connects homeowners with professionals for cleaning, plumbing, furniture assembly, painting and more. Handy has raised near $50 million to date, its latest round producing a valuation of $111 million.
Urban Ladder: An India-based e-commerce site that offers furniture products ranging from sofas and beds to TV stands and bookcases. UL raised a $20 million Series B round in July led by Steadview Capital.
Fountain: A 1-on-1 video chat, text and photo sharing app that enables users to ask questions and receive advice about anything home- and garden-related. Shasta Ventures led a $4 million round at a valuation of $18 million.
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