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About Higharc
Industries
Industrial & Manufacturing
Enterprise Software
Company Size
51-200
Company Stage
Series B
Total Funding
$80M
Headquarters
Menlo Park, California
Founded
2018
Overview
Higharc provides a cloud-based platform that integrates various processes in the homebuilding industry, including design, sales, estimation, and construction. The platform helps homebuilders and construction companies streamline their operations, reduce waste, and speed up project timelines. By using advanced technology like generative design and centralized data management, Higharc allows builders to work more efficiently, which can lead to significant time and cost savings. For instance, Buffington Homes was able to save 15 days on their project schedule, enabling them to complete more homes and increase revenue. Higharc operates on a subscription-based model, offering different tiers to cater to the needs of various homebuilding firms. The company's goal is to enhance efficiency and productivity in the residential construction market, helping builders scale their operations and improve profitability.
Simplify's Take
What believers are saying
- Higharc raised $53M in Series B funding, boosting its growth potential.
- Partnerships with industry leaders like Home Depot enhance Higharc's market credibility.
- The platform's efficiency led Buffington Homes to save 15 days per project in 2023.
What critics are saying
- Over-reliance on generative design could be risky if technology fails expectations.
- Low enterprise investment in generative AI may limit Higharc's market adoption.
- Increased competition from large players like Home Depot could pressure Higharc.
What makes Higharc unique
- Higharc integrates design, sales, and construction in a single cloud-based platform.
- The platform uses generative design to automate and streamline homebuilding processes.
- Higharc offers centralized data management, ensuring all stakeholders access the same information.
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Funding
Total Funding
$80M
Above
Industry Average
Funded Over
4 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
401(k) Retirement Plan
Disability Insurance
Home Office Stipend
Parental Leave
Company Equity
Growth & Insights and Company News
6 month growth
↑ 5%1 year growth
↑ 7%2 year growth
↑ 0%By partnering with Higharc, Eddy Homes has transformed their approach, enabling them to scale without sacrificing quality or efficiency.
RESEARCH TRIANGLE PARK — The Triangle Tweener Fund (Tweener Fund) is excited to announce the results of the fourth quarter of 2024. Tweener Fund made 18 new investments:. • 10 new portfolio companies (8 investments were follow-on investments) • $940k invested across the 18 investments.• 11 were Tweener investments and 7 were Pre-Tweener investments • $767k (82%) invested in Tweeners, $175k (18%) invested in Pre-Tweeners • $52,345 average investment
13. There was a lot to love about the Valentine’s Day week. We saw startups raise big VC rounds, add new C-Suite talent, and land new big corporate partnerships. To start off the week, we are rounding up the big headlines from last week across the Southeast. Here is what you need to know to catch up on all the big news:. WHO RAISED Document Crunch, a Florida and Georgia-based startup, closed its $9 million Series A
Discover how Higharc's $53M Series B, led by industry giants like Spark Capital, and Pillar VC, is transforming the US homebuilding industry with groundbreaking cloud technology for homebuilders.
SLS client Higharc raises $53MM round from Spark Capital, Pillar VC and others.
Higharc is Hiring for 8 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Higharc
Industries
Industrial & Manufacturing
Enterprise Software
Company Size
51-200
Company Stage
Series B
Total Funding
$80M
Headquarters
Menlo Park, California
Founded
2018
Higharc is Hiring for 8 Jobs on Simplify!
Find jobs on Simplify and start your career today