Schneider Electric Invests In AI Homebuilding Startup Higharc

Higharc, the homebuilding AI company for the full design-to-construction lifecycle, raised a $95 million Series C led by global software investor Insight Partners with participation from Wellington Management and existing investors including Fifth Wall, Spark Capital, Lux Capital, SE Ventures (Schneider Electric’s venture arm), Simpson Strong-Tie, PSP Partners, RXR Arden Digital Ventures, Suffolk Technologies, Vertex Ventures, NC Tweener Fund and MetaProp.

Including the latest investment round, Higharc has raised a total of $170 million to date.

Higharc replaces AutoCAD and point solutions and enables builders to automate design, estimating and sales workflows.

Higharc says new funding will be used to its scale AI product development and expand the platform to a broader segment of the homebuilding market.

“AI isn’t just assisting builders. It’s reshaping how builders work, cutting time and cost per job while giving buyers a more personalized experience,” said Marc Minor, CEO and co-founder of Higharc. “The builders and distributors leading the way use AI to automate their most complex workflows unlocking teams to focus on product improvement and customer experience.”