Higharc

Higharc

Cloud platform for homebuilding efficiency

About

Higharc offers a cloud-based platform that integrates the design, sales, estimation, and construction processes for homebuilders. This platform helps streamline operations, reduce waste, and accelerate project timelines through technologies like generative design and centralized data management. Unlike its competitors, Higharc operates on a subscription-based model, providing tailored services to meet the needs of various homebuilding companies. The company's goal is to enhance efficiency and productivity in the residential construction market, enabling builders to scale their operations and improve profitability.

Company Stage

Series B

Employees

51-200

Industries

Industrial & Manufacturing, Enterprise Software

Total Funding

$77.8M

Headquarters

Menlo Park, California

Founded

2018


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Simplify's Take

What believers are saying

  • Higharc raised $53M in Series B funding, boosting its growth potential.
  • Partnerships with Home Depot and others enhance Higharc's industry credibility and reach.
  • The platform's efficiency led Buffington Homes to save 15 days per project in 2023.

What critics are saying

  • Increased competition from other cloud-based platforms could erode Higharc's market share.
  • Economic downturns may reduce demand for new home construction, impacting revenue.
  • Potential regulatory changes could necessitate costly updates to Higharc's platform.

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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Growth & Insights
Headcount

6 month growth

0%

1 year growth

8%

2 year growth

2%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

401(k) Retirement Plan

Disability Insurance

Home Office Stipend

Parental Leave

Company Equity

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