'Homebuilders across the US waste weeks or months updating CAD files in decades-old software to get the critical things they need to run operations and sell their product to buyers': Higharc CEO
The company said it has $230M in assets under management and has invested in industry-leading companies such as Compass, commercial property data company Crexi, and CASAFARI, a property search portal in Europe
The latest investment was led by Spark Capital and Pillar VC, but a number of backers took part, including Fifth Wall, Home Depot, Starwood Capital, Metaprop and CBRE, among 18 total
Joining the hardware brand is Standard Investments, the investment arm of Standard Industries, and Carl Bass, former president and CEO of Autodesk Inc, according to the company
Flush with funding, Higharc's new software was developed to ease the pain and cost of custom home building