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Block Renovation: Raises $40M in Funding

Block Renovation Raises $40M in Funding

  • Block Renovation, a NYC-based renovation platform that uses technology to simplify and improve home renovations, raised $40m in funding
  • The round was led by Giant Ventures with participation from NEA, Morningside, Lerer Hippeau, and Obvious Ventures
  • The company, which has raised $54M in venture funding to date, intends to use the funds to continue to expand operations and its business reach
  • Block is a renovation platform that uses technology to simplify and improve home renovations
  • The platform brings designers, contractors, and vendors together to create a premium and simplified consumer product
  • The company offers homeowners clients a predictable renovation with a dedicated designer, a pre-vetted general contractor, and access to its design system and suite of homeowner tools
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