Tech Company Financing Transactions

Higharc Funding Round

Higharc, based in Durham, secured $53 million in investment from Pillar VC, Spark Capital and Ferguson Ventures.

Transaction Overview

Company Name
Higharc
Announced On
2/15/2024
Transaction Type
Venture Equity
Amount
$53,000,000
Round
Series B
Investors

Pillar VC (Lead Investor) (Russ Wilcox)

Spark Capital (Lead Investor) (Alex Finkelstein)

Ferguson Ventures

Fifth Wall Ventures

Home Depot

private investors (Carl Bass)

MetaProp NYC

PSP Growth

RXR Realty

SC Master Fund

SE Ventures (Brad Jones)

Simpson Strong-Tie

Standard Investments

Starwood Capital

Suffolk Technologies`

Proceeds Purpose
The investment will be used to support Higharc's growth and expand its automated materials estimating and generative AI-based workflows.

Company Information

Company Status
Private & Independent
Industry
Real Estate
Mailing Address
603 Broad St.
Durham, NC 27703
USA
Phone
Undisclosed
Website
www.higharc.com
Email Address
[email protected]
Overview
Higharc is radically simplifying the way we design, build and shop for homes, starting with solving for the constraints that builders face today. Higharc's software solution seamlessly creates and integrates everything needed to design a home, sell it (in 3-D) and begin building.
Profile
Higharc LinkedIn Company Profile
Social Media
Higharc Company Twitter Account
Company News
Higharc News
Facebook
Higharc on Facebook
YouTube
Higharc on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Marc Minor
  Marc Minor LinkedIn Profile  Marc Minor Twitter Account  Marc Minor News  Marc Minor on Facebook
Chief Technical Officer
Peter Boyer
  Peter Boyer LinkedIn Profile  Peter Boyer Twitter Account  Peter Boyer News  Peter Boyer on Facebook
Co-Founder
Michael Bergin
  Michael Bergin LinkedIn Profile  Michael Bergin Twitter Account  Michael Bergin News  Michael Bergin on Facebook
Co-Founder
Thomas Holt
  Thomas Holt LinkedIn Profile  Thomas Holt Twitter Account  Thomas Holt News  Thomas Holt on Facebook
VP - Operations
Eric Berg
  Eric Berg LinkedIn Profile  Eric Berg Twitter Account  Eric Berg News  Eric Berg on Facebook

 

 

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Prev: 2/15/2024: Simplyblock venture capital transaction
Next: 2/15/2024: Ribbon venture capital transaction

 

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