# Homestead

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

- Industry: Software
- Headquarters: Menlo Park, US
- Website: www.homestead.com
- Total disclosed funding: $28M
- Latest round: Series D (Jan 22, 2001)
- Investors on record: 4

## About

Homestead specializes in website building and hosting solutions, enabling users to create professional-looking websites easily. Their platform caters to both individuals and businesses seeking to enhance their online presence.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. The founder's history is not specified, and there are no mentions of subsidiaries or previous companies founded by them.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. By providing a comprehensive suite of tools for website creation and management, Homestead aims to empower users to thrive in an increasingly digital marketplace.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. By offering tailored solutions that align with client needs, Homestead establishes long-term relationships that foster customer retention and growth within its user base.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.

## Funding rounds

- Series D, Jan 22, 2001, $10M — Draper Fisher Jurvetson, Redpoint Ventures
- Series B, Apr 1, 1999, $18M — Draper Fisher Jurvetson, Institutional Venture Partners, Upfront

## Investors

- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series B, Series D
- Institutional Venture Partners (https://capitalatlas.ai/funds/institutional-venture-partners) — Series B
- Upfront (https://capitalatlas.ai/funds/upfront) — Series B
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series D