Arch, a San Francisco, CA-based data intelligence platform for HVAC contractors, raised $6.2M in Seed funding.
The round saw participation from Gigascale Capital, Coatue, Floodgate, ReGen Ventures, and MCJ Collective.
The company intends to use the funds to grow its engineering team and expand its customer base in the Northeast and California.
Led by CEO Phil Krinner and Sacha Schmitz, Arch helps HVAC contractors grow their businesses and pioneer the future of home electrification. Its System of Intelligence for Revenue Generation integrates data from over 12 sources across internal (e.g., CRM, ERP) and external (e.g., satellite real estate footprints) and uses proprietary algorithms to offer intelligence beyond workflow automation. The platform enables contractors to quickly analyze homes, optimize heat pump systems, and will soon include savings calculations. Its systems of intelligence streamlines lead generation, system design, and financing to increase conversion rates.
FinSMEs
15/02/2024