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If you’ve never heard of Houzz before, it’s a popular online community connecting home owners to a variety of design and construction professionals.
At the moment Houzz is a private company, but like many other US-based startups it has been planning to list its stock for several years. The Palo Alto-based company experienced rapid growth during the Covid pandemic when many home owners decided to renovate their houses.
Houzz IPO update
As of 2026, Houzz remains a private company and no IPO date has been officially confirmed. While the company was previously reported to be preparing for a possible listing, there has been no formal public announcement of an IPO.
While Houzz initially hired Goldman Sachs in 2021 to prepare for an initial public offering, earlier listing plans were pushed back due to shifting market conditions.
| Founded | 2009 |
| Headquarters | Palo Alto, California, United States |
| Number of employees | ~1,700 |
| Revenue 2021 | $340 million |
| Stock Exchange | - |
| Potential Valuation | $1.83 billion |
Source: TechCrunch
Houzz was founded in 2009 by married couple Adi Tatarko and Alon Cohen, who decided to launch a website to help home owners find ideas for remodelling their properties. As their business grew, the power couple also started selling project management software to home professionals. Today Cohen and Tatarko own about a quarter of the company, which has approximately 1,700 employees and has attracted 65 million users over its lifetime.
The Houzz online platform makes money via subscriptions, referrals, foreign exchange, and late payment fees, as well as interest.
In recent years, Houzz trimmed portions of its total global workforce, navigating macroeconomic shifts in the home improvement and interior design industry.
Investors have been waiting for some years for Houzz to launch an Initial Public Offering. There has been no official announcement yet about an exact IPO date, but improving market conditions could act as a catalyst We will be following Houzz announcements closely and we will update you as soon as an official IPO announcement has been made.
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An Initial Public Offering (IPO) is an investor’s first chance to gain exposure to an organisation. An IPO is an important milestone for a company looking to raise capital and an opportunity for investors to get involved in a hopefully growing business.
With Axi you can get exposure to Houzz IPO as soon as it’s listed on a specific exchange and prices from the exchange become available to our liquidity providers.
Sources: Reuters, Bloomberg
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