Houzz, the successful tech platform for architecture and all things home design, announced Tuesday the acquisition of interior design business management startup IvyMark in a move that has catapulted it further into the business side of home design.
IvyMark’s software provides a variety of tools, including project management, furniture delivery scheduling, product clipping from vendors, and payments. The software is designed to replace Excel and other tracking tools with products meant specifically for designers.
“IvyMark has built an incredible platform and team that align with our mission of providing the best experience for home renovation and design, by helping design professionals manage their business,” Houzz co-founder Alon Cohen said in a statement. “We are excited to bring the power of IvyMark’s software and community to more professionals.”
The startup also has a community element, providing an online forum and meetup opportunities for subscribers in the interior design industry who use the software.
The startup will join Houzz’s online community and platform dedicated to interior design ideas.
IvyMark was founded in 2016 and has raised $2.9 million in venture capital funding. Over 2,400 design firms now use IvyMark’s software, the company says.
“Houzz will allow us to continue on our mission of modernizing the way interior designers do business, while introducing Ivy to a massive audience and opening the door to new opportunities,” IvyMark co-founder Alexandra Schinasi said in a statement.