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Arch provides a software-as-a-service sales platform tailored for HVAC contractors. It guides users through pre-visit home analyses, designs system plans, and quickly generates and dispatches visually rich proposals to prospective customers, helping win business faster. The product works by aggregating data from multiple sources, including nearby homes, to create personalized, data-driven proposals that are more likely to convert leads. This makes Arch different from many competitors by emphasizing data-backed, customized proposals and rapid, end-to-end sales workflows that shorten the path from lead to sale. The company’s goal is to help HVAC contractors increase lead conversion, close more deals, and grow revenue by improving customer engagement and sales efficiency.
Industries
Data & Analytics
Enterprise Software
Company Size
11-50
Company Stage
Seed
Total Funding
$6.2M
Headquarters
San Francisco, California
Founded
2022
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Total Funding
$6.2M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Health Insurance
Company Equity
The funding will enable Arch to grow its engineering team, reach new customers, and make heat pumps the clear financial choice for contractors and homeownersSAN FRANCISCO, Feb. 15, 2024 /PRNewswire/ -- Arch, a data intelligence platform for HVAC contractors, announced today that it has raised $6.2 million in seed funding from Gigascale Capital, Coatue, Floodgate, ReGen Ventures, and MCJ Collective. The investment comes as a fast-growing majority of Americans want to electrify their homes amid a shortage of installers and high upfront costs. Arch aims to ease both by transforming the sales process and making heat pumps the obvious financial and performance choice for contractors and homeowners. The company will use the funds to grow its engineering team and expand its customer base in the Northeast and California.Arch Secures $6.2 Million to Accelerate Heat Pump Installs as Households Grapple with Energy PricesContractors typically face time-consuming sales processes and low conversion rates, spending 80% of their time on leads that won't convert, a cost-shared across every installed heat pump. Arch's System of Intelligence for Revenue Generation integrates data from over 12 sources across internal (e.g., CRM, ERP) and external (e.g., satellite real estate footprints) and uses proprietary algorithms to offer intelligence beyond workflow automation
Heating and cooling might sound basic, but after solar, it’s the next frontier in residential decarbonization.By the end of the decade, a group of 25 states has a goal of installing 15 million heat pumps. Nine of those states want 90% of their residential heating, cooling, and hot water equipment to use the technology by 2040. To cope with the workload, the U.S. will add 23,000 technicians by 2032. Even then, they’ll probably be overworked.Part of the problem is that installing heating, ventilation, and air-conditioning (HVAC) equipment is laborious and time-consuming. It doesn’t take well to automation
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Industries
Data & Analytics
Enterprise Software
Company Size
11-50
Company Stage
Seed
Total Funding
$6.2M
Headquarters
San Francisco, California
Founded
2022
Find jobs on Simplify and start your career today