Block Renovation Raises $50 Million In Funding, Announces Plans For National Expansion In 2022
11/10/21, 1:37 PM
Money raised
$50 million
Block Renovation, a technology platform for homeowners and contractors to digitize and simplify the home renovation experience, announced today that it has raised a $50 million Series C investment led by Softbank Vision Fund 2. In addition, existing investors Giant Ventures, NEA, Morningside, and Lerer Hippeau also contributed to the round. To date, Block has raised $104 million in venture funding. Additional investors include Obvious Ventures, Rainfall Ventures, Firstminute Capital, BoxGroup, and SV Angel
Company Info
Additional Info
Block is a renovation platform transforming the $450 billion renovation industry. Today, doing a home renovation is an abysmal homeowner and contractor experience. Block democratizes access to high-end design, while combining design, construction, and materials into a streamlined experience. Block simplifies a complex and convoluted process and gives homeowners certainty on outcomes, quality, price, and time.