Ivy, Inc.

Ivy, Inc. is a software platform tailored for design firms, facilitating project management, invoicing, and client collaboration through an integrated interface. Its innovative tools support the unique needs of interior designers and architects, enhancing productivity and client engagement. Founded in 2016 in San Francisco, US, Ivy, Inc.

specializes in business management solutions for design professionals. The company has secured a total of USD 2. 90 mn in funding across two deals, with the latest Seed round completed on February 6, 2018, featuring investments from Disruptive Technologies Venture Capital, NFX, and Pitango Venture Capital. Ivy was acquired by Houzz Inc.

in 2018. Ivy's primary offering is a comprehensive business management software platform designed specifically for design firms of various sizes. The software integrates multiple functionalities, allowing users to manage invoicing, purchasing, project tracking, time and expense management, and client collaboration in a single interface. By employing tools like the Ivy Product Clipper, users can source products from preferred vendors and curate custom product catalogs, effectively streamlining the design process.

The platform also supports the creation of professional proposals and invoices, enhancing client communication and engagement. Ivy primarily serves interior designers, architects, and design-build firms across the United States, providing them with the means to stay organized, boost productivity, and foster strong client relationships. The revenue model for Ivy is structured around subscription-based services that cater to design professionals. Clients typically engage with the platform through various pricing plans that grant access to Ivy's core functionalities, such as project management, invoicing, and reporting tools.

These subscriptions allow designers to efficiently manage business operations while facilitating seamless transactions, including payment processing through credit cards or wire transfers. Revenue is generated through these monthly or annual subscriptions, which enable users to utilize Ivy's features tailored to their specific business needs. The robust integration with QuickBooks Online further enhances the platform's value proposition, ensuring that clients can maintain accurate financial records and manage their accounting needs effectively. Following its acquisition by Houzz Inc.

in February 2018, Ivy, Inc. aims to enhance its software platform by designing new features that cater to evolving market demands. The company is focused on expanding its reach into additional geographic regions, with plans to target the European and Asian design markets by the end of 2023. The recent funding will be utilized to bolster product development and market expansion efforts.