Homestead
Latest round
- Series D
Last raised
- Jan 2001
Total raised
- $28M
Investors
- 4
About Homestead
Homestead specializes in website building and hosting solutions, enabling users to create professional-looking websites easily.Founded in 1996 in Menlo Park, US, Homestead provides website building and hosting solutions. The company was acquired by Intuit in November 2007 for USD 170 mn.Homestead primarily offers website building and hosting solutions, enabling individuals and businesses to create their own websites without requiring extensive technical knowledge. Their core offering includes a user-friendly website builder that features drag-and-drop functionality, customizable templates, and various design tools to cater to different user needs. The platform is designed to address the challenges of establishing an online presence, particularly for small businesses and startups looking to enhance their visibility and attract customers. Homestead serves a diverse client base, from large enterprises to individual entrepreneurs, and operates across various geographical markets, including North America and select regions in Europe.Homestead generates revenue through a subscription-based model, offering different pricing tiers that cater to varying levels of service and functionality. Clients typically engage in annual or monthly subscriptions to access website hosting and building services, allowing them to maintain a continuous online presence. The company’s flagship products include hosting services and premium website building tools, which are essential for their clients' digital strategies. Revenue streams are diversified, encompassing both direct-to-consumer transactions and partnerships with other businesses.The most recent deal occurred on November 26, 2007, when Intuit acquired Homestead for USD 170 mn. Future growth strategies include expanding into new markets, particularly targeting additional regions in Europe and North America. Specific product launches are not detailed, but the emphasis will be on enhancing existing website building and hosting services to attract more users.
Who invested in Homestead
4 investors across 2 rounds
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Questions about Homestead
Who invested in Homestead?
Homestead has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Homestead raised?
Homestead has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Homestead last raise money?
Homestead's most recent round on record is a Series D, in Jan 2001.
What does Homestead do?
Homestead specializes in website building and hosting solutions, enabling users to create professional-looking websites easily.
Where is Homestead headquartered?
Homestead is headquartered in Menlo Park, US.
Which VCs invest in companies like Homestead?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Homestead's stage. Their profiles are linked below.
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