The growth of Houzz would be a dream for any entrepreneur. Houzz is owned by a husband and wife team and their net worth is thought to be $500 million. It began as such a simple idea, the duo wanted to research the different options when redesigning their own home but struggled to find anything to help them online. On that day, the idea for Houzz was born, but surely even they could not have envisaged the extraordinary popularity of the platform.
The concept intrigued investors and it did receive important funding throughout its growth. They made effective use of all funding to grow the brand and expand internationally. While their largest market is in the United States, other markets around the world are also growing.
Check out this infographic from Half Price for information on how this brand became the powerhouse it is today.