What is Homebase?
HomeBase operates at the intersection of public policy and social services, focusing on comprehensive solutions to homelessness. The firm's multi-faceted approach includes rigorous research, the development of model policies and programs, and extensive community-level planning and advocacy. By addressing both the systemic drivers and individual circumstances contributing to homelessness, HomeBase works to expand affordable housing options, enhance economic self-sufficiency through access to living wage employment and benefits, remove barriers to essential support services like healthcare and childcare, and foster greater coordination within the service system. Their community-driven methodology ensures inclusive strategies that involve all stakeholders, including local governments, service providers, community organizations, and individuals experiencing homelessness, to implement sustainable solutions that help people transition from the streets to stable housing and dignity.
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
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, potentially in the technology or consumer sectors, given its name and typical venture capital investment thesis.
Baseline Ventures
Baseline Ventures is a venture capital firm that specializes in sports, entertainment, and brand licensing, focusing on athlete management, global partnerships, and digital services.
Khosla Ventures
Khosla Ventures is a venture capital firm founded in 2004, known for providing venture assistance and strategic advice to entrepreneurs working on breakthrough technologies across various sectors including AI, fintech, health, and sustainable energy.
What's next for Homebase?
The recent major strategic investment in Homebase, following its Series A financing, indicates a strong validation of its mission and operational model. This capital infusion is expected to fuel the expansion of its policy research and advocacy efforts, potentially enabling the firm to broaden its reach to new communities or deepen its impact in existing ones. The focus on strategic investment suggests a trajectory towards greater sustainability and influence in shaping public policy responses to homelessness, likely involving enhanced partnerships and the scaling of proven intervention strategies. Homebase is poised to further solidify its position as a leader in developing effective and humane solutions to one of society's most pressing challenges.
See full Homebase company page
