Higharc, a Durham, North Carolina-based provider of an intelligent homebuilding platform for design, sales, and construction, received a strategic investment from Standard Investments, Home Depot Ventures, and Carl Bass (who joined as an advisor).
The amount of the deal was nor disclosed.
The company intends to use the funds to expand operations and its business nationwide.
Founded in 2018 and led by Marc Minor, CEO, Higharc provides an intelligent platform that automatically produces everything needed to design, sell, and build homes at a fraction of the cost compared to traditional software. The system also enables buyers to configure their new home using online 3D models and also speeds up the builder’s ability to get these homes to market.
The company has raised over $40m in capital since inception and is backed by Spark Capital, Lux Capital, Home Depot Ventures™, GAF, Adobe CPO Scott Belsky, former Autodesk CEO Carl Bass, Javelin Venture Partners, Pillar VC, Simpson Strong-Tie, Ferguson and Starwood Capital, plus founders of PlanGrid, Built Technologies, Desktop Metal, Carbon3D, Digits, MetaProp, Tectonic Capital, Montage Ventures, and Vertex Ventures.
FinSMEs
21/07/2023