Higharc: Revolutionizing Home Design with $53 Million Investment

February 20, 2024, 11:56 am
Higharc
Higharc
Location: United States, Minnesota, Marsh Creek
Employees: 11-50
Founded date: 2018
Total raised: $80M
Higharc, a Durham-based software company, is shaking up the home design industry with a $53 million investment from industry giants like Home Depot and Ferguson. Founded in 2018, Higharc's cutting-edge tools are automating the design process for new homes, offering customers easy 3D online models to customize their dream homes. CEO Marc Minor believes Higharc's software outshines the outdated AutoCAD, attracting even former Autodesk CEO Carl Bass as an investor.

Higharc's innovative technology is gaining traction in the building and construction industry, promising more accurate data to forecast material needs and reduce waste in home construction. With plans to expand its team and enhance its software capabilities, Higharc is poised to lead the digital transformation in homebuilding operations.

This Series B funding round, led by Spark Capital and Pillar VC, solidifies Higharc's commitment to revolutionizing the homebuilding industry. With a focus on customer success and unlocking digital transformation, Higharc is on a mission to build better and more affordable homes through technology. Customers like Epcon Communities are already reaping the benefits of Higharc's generative design technology, streamlining the design-to-construction process and delivering personalized experiences to buyers.

Higharc's Homebuilding Cloud is set to replace outdated software solutions, offering builders a comprehensive platform to design, estimate, sell, and build homes efficiently. By connecting departments and automating updates, Higharc is reducing cycle time and costly rework, paving the way for faster and more cost-effective home construction.

With a total capital raised of $78.7 million since its inception, Higharc is well-positioned to continue its mission of transforming the homebuilding industry. The company's vision of leveraging technology to improve the design-to-construction process is resonating with industry leaders and investors, setting the stage for a new era in home design and construction.