What is Homebase?
Homebase operates as a unique public policy law firm, focusing on comprehensive solutions to homelessness. Its multi-faceted approach encompasses research, model policy and program development, community-level planning, advocacy, and public education. The firm's core initiatives aim to address both systemic and individual causes of homelessness by expanding affordable housing options, enhancing economic self-sufficiency through employment and benefits programs, removing barriers to essential support services like healthcare and childcare, and fostering better coordination within the service system. All of Homebase's efforts are community-driven and inclusive, involving local governments, service providers, community organizations, and individuals experiencing homelessness to implement integrated and sustainable strategies.
How much funding has Homebase raised?
Homebase has raised a total of $6.3M across 2 funding rounds:
Series A
$6M
Debt
$350K
Series A (2016): $6M with participation from Cowboy Ventures, Baseline Ventures, and Khosla Ventures Acquisition
Debt (2020): $350K led by PPP
Key Investors in Homebase
Cowboy Ventures
Cowboy Ventures is an investment firm that likely focuses on early-stage companies, given its name and typical venture capital investment strategies.
Baseline Ventures
Baseline Ventures is a firm specializing in sports, entertainment, and brand licensing, known for athlete management and global partnerships. Their investment in Homebase suggests a potential interest in social impact ventures or organizations with strong community engagement.
Khosla Ventures Acquisition
Khosla Ventures provides venture assistance and strategic advice to entrepreneurs working on breakthrough technologies across various sectors including consumer, enterprise, AI, fintech, and sustainable energy. Their involvement indicates a strategic alignment with Homebase's mission-driven approach.
What's next for Homebase?
The recent major strategic investment, coupled with the overall enterprise-level funding context, positions Homebase for enhanced operational capacity and expanded reach. This backing is likely to fuel the firm's ongoing research and policy development, enabling deeper engagement with communities to refine and implement innovative strategies for tackling homelessness. Future initiatives may focus on scaling successful models, strengthening advocacy efforts, and further integrating support services to provide a more robust and dignified pathway out of homelessness for those in need. The strategic nature of the recent financing suggests a focus on long-term impact and sustainable solutions.
See full Homebase company page
