Key facts
- Higharc AI raised $95 million in Series C funding.
- Higharc AI's total funding now exceeds $170 million.
- Higharc AI partnered with US LBM.
- Higharc AI aims to integrate AI into homebuilding design, estimating, and sales.
- The company seeks to improve precision and customer value in homebuilding.
Higharc AI has announced the closing of a $95 million Series C funding round, significantly boosting its total capital raised to over $170 million. This new funding is earmarked for the expansion of its AI-powered estimating platform. In conjunction with this financial milestone, Higharc has established a strategic partnership with US LBM, a leading distributor of building materials. This collaboration is intended to accelerate the integration of Higharc's AI solutions across the homebuilding industry. The company's core mission is to embed artificial intelligence into various stages of the homebuilding workflow. Key areas of focus include design, estimating, and sales processes. By leveraging AI, Higharc aims to introduce greater precision and deliver enhanced value to its customers within the construction sector. The company's technology promises to streamline operations and improve decision-making for homebuilders.