Loading organizations...
§ Venture Capital · Atlanta, GA, USA
Venture capital fund investing in retail and home improvement startups to drive ecosystem innovation.
Home Depot Ventures is a $150 million corporate venture capital fund based in Atlanta, Georgia, investing in startups that drive innovation across the retail and home improvement sectors. The fund supports emerging technologies and companies enhancing the home improvement ecosystem, targeting ventures aligned with The Home Depot's core business in do-it-yourself and professional customer segments. Backed by The Home Depot, which employs over 500,000 associates, the fund aims to generate returns through equity investments in its portfolio companies. The parent company's leadership includes CEO Ted Decker, while its founders are recognized as Bernard Marcus, Arthur Blank, Ron Brill, Pat Farrah, and Ken Langone. Home Depot Ventures was announced in 2023, operating as an investment arm of The Home Depot, which was established in 1978.
Home Depot Ventures has 2 tracked investments across 2 companies. The latest tracked deal is $120.0M Debt / Series A in Flexbase in September 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 19, 2023 | Flexbase | $120.0M Debt / Series A | Saxon Baum | Jeff Hilton, Companyon Ventures, MS&AD Ventures |
| Jul 1, 2022 | PunchListUSA | $39.0M Series A | Morpheus Ventures, Gregg Parise | Core Innnovation Capital, Rick Yang, Second Century Ventures, Valar Ventures, Bielsky Family Office, IDEA Fund Partners, Meeting Street Capital, Palm Drive Capital, Dave Garland, Solo Capital Management, VentureSouth |