Home Depot Ventures

Overview

Home Depot Ventures is the corporate venture capital arm of The Home Depot, focusing on investments that enhance the customer experience and shape the future of home improvement. The $150 million fund aims to identify, fund, and partner with early-stage companies developing emerging technologies to improve retail operations, such as supply chains, shelf availability, and hiring procedures. The fund considers investment opportunities in firms at different stages of development, concentrating on early-stage and growth-stage organizations that benefit Home Depot customers and have the potential to go global. In 2021, Home Depot committed $10 million to venture capital funds promoting diversity, technology, and entrepreneurship, including the Base10 Partners Advancement Initiative, L’ATTITUDE VENTURES, and Plexo Capital. These investments are part of the company's commitment to build meaningful, inclusive, and sustainable opportunities for minority-owned companies and Historically Black Colleges and Universities (HBCUs).

Investment Focus

• Innovative technologies
• Alignment with strategic priorities
• Early-stage companies
• Focus on home improvement and retail sectors
• Potential for global expansion
• Diversity and inclusion initiatives
• Innovative technologies enhancing customer experience
• Alignment with Home Depot's strategic priorities
• Diverse and inclusive business models

Portfolio Companies