Houzz Pro is a project management and design software that recently introduced a new built-in tool called "Contracts" for creating, sending and finalizing contracts, along with new features in its AI tool "AutoMate," which can manage administrative tasks by generating detailed financial documents, tracking expenses and overseeing tasks. In Q1 2026, Houzz released its U.S. Houzz Pro Industry Barometer, showing a moderately positive outlook outweighs negative expectations for 2026 in the construction sector.
Cyborg Score Rationale
Houzz has raised $614M in funding from investors like Sequoia Capital, New Enterprise Associates and GGV Capital, with a current valuation of $4B. The company operates a large, engaged platform in the construction and design sectors with strong community penetration. Recent product innovation in AI and contract automation demonstrates competitive positioning in an evolving market.
Top Insights
Houzz reported revenues of US$67M in April 2026, reflecting consistent monetization across its platform's consumer and professional segments in a moderately positive construction market climate.
Houzz Pro introduced "Contracts" tool and expanded AI "AutoMate" capabilities for administrative task management in Q1 2026, targeting workflow efficiency and stickiness among its 3 million construction and design professionals.
Houzz's annual sales amounted to US$806M in 2025 and is expected to see growth of 0-5% in 2026 compared to 2025, indicating modest near-term expansion potential amid mixed construction sector sentiment.
Named Competitors
Thumbtack — Home services and professional services marketplace
Porch — Home services marketplace and construction software
Angi — Home services marketplace platform
Cottage — Home renovation marketplace connecting homeowners with architects, contractors, and engineers
Recent Developments
(Q1 2026) Introduced "Contracts" tool and expanded "AutoMate" AI features for Houzz Pro
(Q1 2026) Released U.S. Houzz Pro Industry Barometer showing moderately positive construction sector outlook for 2026
(April 2026) Reported US$67M in monthly revenues
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