Snapshot from Jul 19, 2026 at 14:14 UTC. For live data and tracking: View Live
Events / Business / Higharc Raises $95M, Partners US LBM
Business Series C funding

Higharc Raises $95M, Partners US LBM

Analysis based on 7 articles · First reported Jun 30, 2026 · Last updated Jun 30, 2026

Sentiment
70
Attention
6
Articles
7
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The successful Series C funding round for Higharc, led by Insight Partners, signals strong investor confidence in AI solutions for the construction industry, potentially driving further investment in proptech. The partnership between Higharc and US LBM is expected to streamline the building materials supply chain, leading to increased efficiency and potentially lower costs for homebuilders, which could positively impact the housing market.

Construction Software Building Materials
Event Summary

Higharc, a homebuilding AI company, has successfully raised $95 million in Series C funding, led by Insight Partners, bringing its total funding to over $170 million. This capital will be used to scale AI product development and expand its platform. Simultaneously, Higharc announced a strategic partnership with US LBM, the largest private distributor of lumber and building materials in the United States. This collaboration marks Higharc's expansion into the building materials supply chain with its AI Estimating product, which aims to automate complex design, 3D modeling, and estimating workflows for builders and distributors. The technology is designed to generate precise material takeoffs from floorplan images, improving accuracy and efficiency in the homebuilding process.

Key Actions
100 Higharc raised funding
95 Higharc announced agreement US LBM
90 Insight Partners led funding round Higharc
85 US LBM partnered with Higharc
Entities Involved
priv
Higharc
Higharc raised $95 million in Series C funding, bringing its total funding to over $170 million, and announced a partnership with US LBM, expanding its AI platform to the building materials supply chain. This significantly boosts its market position and product development.
Importance 100.0 Sentiment 75.0
priv
Insight Partners
Insight Partners led the $95 million Series C funding round for Higharc, demonstrating its conviction in Higharc's AI technology for residential construction and its potential to transform the builder supply chain.
Importance 90.0 Sentiment 60.0
priv
US LBM
US LBM partnered with Higharc to integrate Higharc's AI Estimating product for building materials distributors, becoming its first partner. This collaboration aims to enhance material planning, quoting, and collaboration within the building materials industry.
Importance 80.0 Sentiment 50.0
per
Marc Minor
Marc Minor, CEO and co-founder of Higharc, highlighted the transformative impact of AI in homebuilding and the company's mission to make homebuilding seamless and affordable.
Importance 50.0 Sentiment 60.0
per
Jonathan Greene
Jonathan Greene, Chief Digital and Technology Officer at US LBM, expressed enthusiasm for the partnership with Higharc and the capabilities of its AI Estimating product.
Importance 40.0 Sentiment 50.0
per
Josh Fredberg
Josh Fredberg, Managing Director at Insight Partners, affirmed Higharc's leadership in applying AI to residential construction and the potential of its expansion into supplier workflows.
Importance 40.0 Sentiment 60.0
priv
Fifth Wall
Fifth Wall, an existing investor, participated in Higharc's Series C funding round.
Importance 30.0 Sentiment 20.0
priv
Spark Capital
Spark Capital, an existing investor, participated in Higharc's Series C funding round.
Importance 30.0 Sentiment 20.0
priv
Lux Capital
Lux Capital, an existing investor, participated in Higharc's Series C funding round.
Importance 30.0 Sentiment 20.0
stock
Simpson Manufacturing Company
Simpson Manufacturing Company, an existing investor, participated in Higharc's Series C funding round.
Importance 30.0 Sentiment 20.0
priv
PSP Partners
PSP Partners, an existing investor, participated in Higharc's Series C funding round.
Importance 30.0 Sentiment 20.0
oth
RXR Arden Digital Ventures
RXR Arden Digital Ventures, an existing investor, participated in Higharc's Series C funding round.
Importance 30.0 Sentiment 20.0
priv
Vertex Ventures
Vertex Ventures, an existing investor, participated in Higharc's Series C funding round.
Importance 30.0 Sentiment 20.0
oth
NC Tweener Fund
NC Tweener Fund, an existing investor, participated in Higharc's Series C funding round.
Importance 30.0 Sentiment 20.0
oth
MetaProp
MetaProp, an existing investor, participated in Higharc's Series C funding round.
Importance 30.0 Sentiment 20.0
+ 4 more entities View on Dashboard
ERGEN INTELLIGENCE
Track this event live

Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.

Open Dashboard

About Ergen

Ergen is a news intelligence platform that converts raw news articles into structured data. It tracks events, entities, and the relationships between them, with sentiment and attention metrics derived from thousands of articles. Pages on this site are daily static snapshots from the platform's live database. For real-time tracking, search, and alerts, the full dashboard is at app.ergen.ai.