-
Home Improvement Startup Block Renovation Raises $50 Million In Series C Round
Block Renovation co-founder Koda Wang (Block Renovation, LinkedIn) Block Renovation, a startup that wishes to make household makeovers extra predictable and much less distressing, is using its New York-tested system countrywide. Just four months just after its final fundraise, Block raised $50 million in a Collection C spherical led by Softbank’s Vision Fund 2, with participation from existing traders Big Ventures, NEA, Morningside and Lerer Hippeau. The elevate provides the startup’s complete funding to $104 million. Block’s Collection C will come amid a nationwide housing boom fueled by inexpensive credit card debt and low offer. About half of new homebuyers undertake renovations, but hiring a contractor to redo a kitchen…