Homebound is a technology company.
Homebound has raised $128.0M across 3 funding rounds.
Homebound has raised $128.0M in total across 3 funding rounds.
Homebound is a tech-enabled custom homebuilder that simplifies the process of building personalized new homes, making it transparent, efficient, and customer-focused.[1][2][3] It serves homeowners in low-supply housing markets by managing the end-to-end process—from design and permitting to construction and move-in—using a digital platform with 3D renderings, real-time tracking, and a network of vetted local builders and architects.[1][5] Originally focused on post-disaster rebuilding, Homebound has expanded to general homebuyers, offering finished homes, customizable in-progress builds, and tools for personalization, addressing the U.S. housing shortage with over 500 homes built across six markets.[1][2]
The company solves the complexity and frustration of traditional homebuilding, where processes are often opaque and time-consuming, by centralizing services and leveraging proprietary data for optimized designs and sourcing.[1][3] Founded in 2018 and based in Santa Rosa, California, Homebound has raised $148.18M in funding, achieved reported revenue of $33.3M, and maintains a team of about 65 employees blending construction, real estate, and tech expertise.[2][4]
Homebound was founded in 2018 in Santa Rosa, California, following the devastating Tubbs Fire in October 2017, which destroyed over 5,600 buildings in Northern California, including the home of cofounder Nikki.[1][2][3] This personal tragedy highlighted the confusing, hopeless rebuild process, prompting a team of construction, real estate, and technology experts—many from the affected community—to create a streamlined solution.[3]
Initially focused on post-disaster rebuilding and renovation after events like wildfires, floods, and hurricanes, Homebound provided construction and project management services.[1] Early traction came from revolutionizing this niche, leading to expansion into general custom homebuilding for low-supply markets and even home buying/selling segments.[1][2] Pivotal growth included scaling to over 500 homes across six markets, powered by its tech platform.[1]
Homebound rides the wave of real estate tech (proptech) innovation targeting the U.S. housing crisis, where shortages demand faster, more efficient custom building amid rising demand in low-supply areas.[1][2] Its timing aligns with post-2017 disaster recovery needs evolving into broader market opportunities, fueled by digital tools that automate design, estimation, and construction—mirroring sector trends seen in 2,490+ proptech startups covering construction, marketplaces, and mortgages.[2]
Market forces like labor shortages, supply chain issues, and high interest rates favor Homebound's streamlined platform, which reduces timelines and costs through data-driven optimization.[1] It influences the ecosystem by pioneering tech-enabled homebuilding, inspiring competitors and potentially scaling to address national housing gaps, though global expansion remains key for broader impact.[1][2]
Homebound is poised to capitalize on persistent U.S. housing shortages by expanding its platform to more markets, enhancing AI-driven personalization, and potentially entering international low-supply regions.[1] Trends like proptech consolidation, prefab integration, and climate-resilient designs will shape its path, with scalability hinging on funding for tech upgrades and partner networks.[1][2]
Its influence may grow as a model for human-centered homebuilding tech, evolving from disaster response to mainstream solution—ultimately making "the perfect home" accessible and tying back to its origins in simplifying what was once hopelessly complex.[1][3]
Homebound has raised $128.0M in total across 3 funding rounds.
Homebound's investors include Bling Capital, CapitalG, Concrete Rose Capital, Fifth Wall, Footprint Coalition, Forerunner Ventures, Greylock, Khosla Ventures, Moxxie Ventures, Presight Capital, RSE Ventures, Sound Ventures.
Homebound has raised $128.0M across 3 funding rounds. Most recently, it raised $75.0M Series C in February 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2022 | $75.0M Series C | Bling Capital, CapitalG, Concrete Rose Capital, Fifth Wall, Footprint Coalition, Forerunner Ventures, Greylock, Khosla Ventures, Moxxie Ventures, Presight Capital, RSE Ventures, Sound Ventures, Vayner RSE, Alison Engel, Arjan Dijk, Bobby Lo, Gopi Kallayil, Gwyneth Paltrow, Hadi Partovi, Jeffrey Wilke, Marc Benioff, Mark Cuban, Rikard Steiber, Scott Tannen | |
| Aug 1, 2019 | $35.0M Series B | Adjacent, Audrey Capital, CapitalG, Cherubic Ventures, Elefund, Fifth Wall, Forerunner Ventures, Giant Ventures, Greylock, Khosla Ventures, LAUNCH, Lightspeed Venture Partners, Lionheart Ventures, Listen, LombardStreet Ventures, RSE Ventures, Sound Ventures, Uncork Capital, Uprising, Darius Contractor, Darran Garnham, Jeffrey Wilke, Joe Greenstein, Kirill Makharinsky, Marc Benioff, Michael Birch, Oleg Tscheltzoff, Pete Moore, Raj Luhar, Saki Georgiadis | |
| Nov 1, 2018 | $18.0M Series A | CapitalG, Forerunner Ventures, Greylock |