Houzz, an online platform for home remodeling and design services, is close to finalizing a new $400 million round of funding that values the company at around $4 billion, according to a company spokesperson. The filings were uncovered by Equidate, a platform for trading stock in private companies.
Fortune first reported that Houzz was raising a large new round of funding in April. At the time, the company had been talking to investors about raising as much as $500 million at a valuation that could top $5 billion.
