# HomeSphere

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/homesphere

- Industry: Software
- Headquarters: Lakewood, US
- Website: www.homesphere.com
- Total disclosed funding: $2M
- Latest round: Series D (Jan 26, 2009)
- Investors on record: 2

## About

HomeSphere operates within the residential construction sector, offering a rebate management platform that links builders with exclusive rebates, facilitating a streamlined experience in homebuilding.HomeSphere was founded in 1999 in Lakewood, US, and focuses on enhancing the residential construction process. The company has engaged in 5 deals, with the most recent deal occurring on November 15, 2016, when Enhanced Capital participated in a funding round raising USD 1.00 mn. The CEO is Greg Schwarzer and the founder is Nikita Zernov.HomeSphere is a key player in the residential construction industry, focusing on enhancing the building process through its comprehensive suite of products and services. Central to its offerings is the HomeSphere rebate management platform, which connects builders with exclusive rebates that were historically accessible only to large national homebuilders. This platform provides users with tools to manage warranties and documentation efficiently via a mobile app, thus streamlining the homebuyer experience. HomeSphere's solutions cater primarily to over 2,700 single-family and multifamily builders across the United States, as well as manufacturers and subcontractors involved in the construction ecosystem. The company's products are designed to facilitate product sourcing, increase sales, and foster relationships among builders, manufacturers, and trade partners, emphasizing its commitment to local builders and regional markets.HomeSphere generates revenue through its rebate management services, which are provided free of charge to builders, positioning it as a vital partner rather than a vendor. The company operates on a B2B model, primarily engaging with builders and manufacturers through strategic partnerships and referral incentives. Transactions involve builders accessing rebates for completed homes, while manufacturers utilize the platform to generate leads and build relationships within the construction industry. HomeSphere's distinct offerings, such as HomeSphere-IQ for sales and marketing insights and My HomeSphere for homeowner management, allow it to create a robust ecosystem that supports both builders and manufacturers. The company’s business model emphasizes relationship building and data-driven insights, enhancing profitability for its network of partners.HomeSphere plans to leverage the recent funding received in November 2016 to enhance its product offerings and expand into new markets. The company is currently working on new features for its platform, aiming for a launch in 2024, which are designed to improve the user experience for builders and manufacturers alike. Additionally, HomeSphere is exploring geographic expansion into the Midwest and South regions of the US, with planned operations commencing by the end of 2023.

## Funding rounds

- Series D, Jan 26, 2009 — GSA Venture Partners
- Series C, Jun 4, 2002, $2M — Sequel Venture Partners

## Investors

- Sequel Venture Partners (https://capitalatlas.ai/funds/sequel-venture-partners) — Series C
- GSA Venture Partners (https://capitalatlas.ai/funds/gsa-venture-partners) — Series D