Homebound Valuation, Funding & Investors

Homebound is valued at $200M as of August 2019.

Last Homebound valuation

$200M

Series B · Aug 2019

Last Homebound funding round

$300M

Undisclosed stage · Dec 2025

Cumulative funding Homebound raised

$528M

across 7 funding rounds

Key investors in Homebound

  • Khosla Ventures
  • GV
  • Thrive Capital
  • Forerunner
  • Fifth Wall
  • Gaingels

Homebound Overview

About Homebound

Homebound is an Austin-headquartered custom homebuilder managing end-to-end construction from permitting to move-in for disaster recovery and new builds. Founded in 2018 post-California wildfires, it uses software for design collaboration and sources materials locally. The company operates in Texas, California, and Colorado with vetted contractor networks.


Founded

2018

HQ

United StatesSanta Rosa, CA

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$200M (Aug 2019)

Homebound Valuation

Homebound is currently valued at $200M, based on its Series B in August 2019.

The $35M round was led by Fifth Wall, with participation from Ashton Kutcher, GV, Forerunner, Khosla Ventures, Thrive Capital and 2 other investors.

Homebound valuation by funding round

Homebound valuation by funding round
DateStageValuation
Aug 2019Series B$200M

Homebound Funding History

Homebound has raised a total of $528M across 7 funding rounds.

Homebound's first fundraising round was a $18M Series A in December 2018. The most recent completed round was a $300M undisclosed-stage round in December 2025.

Homebound funding rounds

Homebound funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Dec 2025Undisclosed stageGV; Forerunner; Goldman Sachs; Khosla Ventures; Magnetar Capital; Fifth Wall; Atomic; Thrive Capital$300M-Homebound is a Thrive Capital-backed startup aspiring to be the 'Amazon of homes,' providing an end-to-end platform for homebuilding, including design, financing, construction, and management. The company revealed in December 2025 that it has raised a combined $400 million in equity and real estate capital since its $75 million Series C in 2022, comprising $100 million for its operating company and $300 million in real estate capital. Existing investors Goldman Sachs and Magnetar doubled down, with equity funding from major backers including Thrive Capital, Khosla Ventures, GV, Fifth Wall, Atomic, and Forerunner, plus new investors Neuberger Berman and Bridgepoint. Homebound operates in the real estate tech sector, which saw $10.2 billion in global funding in 2025, down significantly from prior peaks.
Dec 2025Undisclosed stage-$100M-Homebound is a San Francisco-based provider of home-building services focused on custom homebuilding, particularly aiding homeowners in rebuilding after natural disasters, with aspirations to be the 'Amazon of homes.' The company, founded in 2018, offers transparent homebuilding processes and has grown to around 200 employees. Homebound operates in the competitive real estate tech space, with backers like Craft Ventures and Beyond Capital, and total capital raised nearing $530 million since inception per some reports. Since 2022, Homebound has raised a combined $400 million in equity and real estate capital, including $100 million for its operating company and $300 million in real estate capital as of December 2025. Existing investors like Goldman Sachs and Magnetar doubled down, with equity funding from Thrive Capital, Khosla Ventures, GV, Fifth Wall, Atomic, and Forerunner, plus new investors Neuberger Berman and Bridgepoint. Previously, Homebound raised $75 million in its Series C in 2022 and had a valuation of $210M in January 2020. The company claims topline growth of more than 4x since 2021 and margin dollars growth of more than 6x, positioning it to be profitable in 2026, amid a real estate tech sector seeing $10.2 billion in global funding in 2025, down from prior peaks.
Mar 2022Pre-seedBeyond Capital; Gaingels$200K--
Feb 2022Series CKhosla Ventures (lead); Stephen M. Ross; GV; Irongrey; Forerunner; Flucas Ventures; Jeffrey Wilke; Fifth Wall; Thrive Capital; Deer Park Road$75M-Homebound is a tech-enabled homebuilder founded in 2018, initially focused on rebuilding homes after California wildfires, now offering end-to-end digital general contracting and personalized homebuilding services to address U.S. housing shortages. The company uses machine learning for off-market land purchases, proprietary technology for faster pre-construction (80% faster), construction (10% faster), and design phases (8x more efficient), achieving up to 30% cost savings compared to local custom builders. As of 2023, it operated in six markets including Houston, Dallas, Austin, Boulder County, North Hollywood, and Santa Rosa, having built over 500 homes. On February 15, 2022, Homebound raised $75 million in a Series C round led by Khosla Ventures, with participation from Deer Park Road, Fifth Wall, Forerunner Ventures, GV (Google Ventures), Irongrey, Jeffrey Wilke, Stephen M. Ross, and Thrive Capital, bringing total equity funding to $148 million. The round also included hundreds of millions in debt from Goldman Sachs to support property acquisition programs. Funds were allocated to expand into new U.S. markets like Dallas, Houston, and Denver, increase headcount, and invest heavily in its technology platform to combat supply-demand imbalances in real estate. The company faced a competitive landscape with mixed outcomes for similar end-to-end construction firms like Katerra, which shut down after raising $2 billion.
Dec 2021Pre-seedSFC Capital$200K--
Aug 2019Series BFifth Wall (lead); Ashton Kutcher; GV; Forerunner; Khosla Ventures; Thrive Capital; Transpose Platform Management; Craft Ventures$35M$200MHomebound is a US-based tech-enabled homebuilder focused on customizable home development and end-to-end construction services to address housing shortages in major cities. Fifth Wall led its $35 million Series B round in 2019, with participation from GV, Forerunner Ventures, Thrive Capital, Khosla Ventures, and Ashton Kutcher, reportedly valuing the company at $200 million. This followed a $18 million Series A led by Thrive Capital the previous year, bringing early total equity funding toward subsequent rounds. The Series B funding supported Homebound's expansion and technology improvements amid real estate supply-demand imbalances. The company aimed to scale operations, particularly in areas like Austin, leveraging machine learning for off-market land purchases and property acquisitions. Homebound continued raising capital post-Series B, securing a $75 million Series C in 2022 led by Khosla Ventures, with GV, Forerunner, Thrive, Fifth Wall, and others participating, increasing total equity to $148 million alongside debt from Goldman Sachs. Later developments included additional $400 million in equity and real estate capital since 2022 from existing backers like Thrive, Khosla, GV, and Fifth Wall.
Dec 2018Series AThrive Capital (lead); Sound Ventures; GV; Forerunner; Khosla Ventures$18M-Homebound raised an $18 million Series A round led by Thrive Capital in late 2018, with participation from investors including Forerunner Ventures, GV (Google Ventures), and others. The company, a tech-enabled homebuilder, develops customizable homes using technology to streamline design, permitting, and construction processes. This round contributed to Homebound's early growth phase before subsequent financings like a $35 million Series B in 2019 led by Fifth Wall, valuing the company at $200 million at that time.

Who has invested in Homebound?

20 investors have backed Homebound across its funding rounds, including Khosla Ventures, GV, Thrive Capital, Forerunner, Fifth Wall and Gaingels.

Lead investors include Khosla Ventures, Fifth Wall and Thrive Capital.


Homebound Investors

Investors in Homebound by funding rounds participated
InvestorHQRoundsRoleFirst check
GVUnited StatesSan Francisco, CA4ParticipantDec 2018
ForerunnerUnited StatesSan Francisco, CA4ParticipantDec 2018
Khosla VenturesUnited StatesSan Francisco, CA4LeadDec 2018
Thrive CapitalUnited StatesNew York City, NY4LeadDec 2018
Fifth WallUnited StatesLos Angeles, CA3LeadAug 2019
Sound VenturesUnited StatesLos Angeles, CA1ParticipantDec 2018
Ashton KutcherUnited StatesLos Angeles, CA1ParticipantAug 2019
Stephen M. RossUnited StatesNew York City, NY1ParticipantFeb 2022
IrongreySouth KoreaSeoul1ParticipantFeb 2022
Goldman SachsUnited StatesNew York City, NY1ParticipantDec 2025
Flucas VenturesUnited StatesWest Palm Beach, FL1ParticipantFeb 2022
Magnetar CapitalUnited StatesChicago, IL1ParticipantDec 2025
Jeffrey WilkeUnited StatesSeattle, WA1ParticipantFeb 2022

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Homebound Competitors

Homebound competitors include listed companies like CBo Territoria, Rjdi FII and MJ Gleeson, and private ones like Plant Prefab, United Dwelling and FullStack Modular.

Public and private companies comparable to Homebound
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CBo TerritoriaFranceFrancePublicly listed$61M$32M$157M-
Plant PrefabUnited StatesLos Angeles, CAPrivate$16M-$129M8.1x
United DwellingUnited StatesLos Angeles, CAPrivate--$107M-
FullStack ModularUnited StatesNew York City, NYPrivate$6M-$25M4.2x
Rjdi FIIBrazilBrazilPublicly listed--$201M-
MJ GleesonUnited KingdomUnited KingdomPublicly listed$491M$37M$199M0.4x

Homebound Public Comps

Homebound is still privately-owned, but its public comps include Rjdi FII, MJ Gleeson, Ming Shing Group Holdings, Fibra, Crest Nicholson Holdings, Zublin Immobilien, FII TG Ativo Real, Energy Services of America, Priner and Kozo Keikaku Engineering.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Rjdi FII------
MJ Gleeson$491M$37M0.4x0.4x5.4x6.9x
Ming Shing Group Holdings$15M($5M)14.0x-(38.8x)-
Fibra$156M$25M2.8x2.9x17.7x12.1x
Crest Nicholson Holdings$820M$33M0.5x0.6x12.1x628.4x
Zublin Immobilien$12M$12M23.4x-23.5x-
FII TG Ativo Real------
Energy Services of America$411M$17M0.6x0.5x13.8x7.6x

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Common questions about Homebound

When was Homebound founded?Homebound was founded in 2018.
Where is Homebound headquartered?Homebound is headquartered in Santa Rosa, CA, United States.
Is Homebound publicly listed?No, Homebound is a private, VC-backed company.
What is Homebound's valuation?Homebound was last valued at $200M in its Series B in August 2019.
How much funding has Homebound raised?Homebound has raised $528M across 7 funding rounds.
What was Homebound's last funding round?Homebound's last funding round was a $300M undisclosed-stage round in December 2025.
Who are Homebound's investors?Homebound's investors include GV, Forerunner, Khosla Ventures, Thrive Capital, Fifth Wall, Sound Ventures, Ashton Kutcher, Stephen M. Ross, Irongrey, Goldman Sachs and 10 others.
Which companies are comparable to Homebound?Companies comparable to Homebound include CBo Territoria, Plant Prefab, United Dwelling, FullStack Modular, Rjdi FII and MJ Gleeson.

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