Houzz, which offers online remodeling and home furnishing services, will be getting ready for an initial public offering (IPO) with the help of Goldman Sachs, the Silicon Valley Business Journal reported Thursday (Oct. 21).
Houzz hopes to make its public debut in early 2022, according to the report. Last year, the company cut 10% of its staff, trimmed executive salaries, and did away with plans for its own furnishings line in response to the downturn in business due to the pandemic’s economic impact.