Higharc, a Durham, NC-based intelligent homebuilding platform for design, sales, and construction, received a strategic investment.
Backers included:
- Ferguson Ventures, the corporate venture capital arm of Ferguson plc (NYSE: FERG; LSE: FERG), and
- a controlled affiliate of Starwood Capital Group.
The company intends to use the funds to accelerate adoption of its technology by homebuilders across the US.
Founded in 2018 and led by CEO Marc Minor, Higharc is an intelligent homebuilding platform that supports the design, sales and construction of 38 communities nationwide.
The company has raised over $30 million in capital since inception and is backed by Spark Capital, Lux Capital, PlanGrid Co-Founder Ralph Gootee, Built Technologies Founder Chase Gilbert, Adobe CPO Scott Belsky, Desktop Metal CEO Ric Fulop, Digits CEO Jeff Seibert, Digits Co Founder Wayne Chang, Carbon3D CEO Phil DeSimone, Pillar Ventures, Javelin Venture Partners, MetaProp, Tectonic Capital, Montage Ventures, Vertex Ventures, Simpson Strong-Tie, Ferguson and an affiliate of Starwood Capital.
FinSMEs
28/03/2023