Higharc — the all-in-one homebuilding platform for design, sales, and construction — is pleased to announce a $1.3 million strategic investment from Simpson Strong-Tie. The investment represents the company’s ongoing commitment to provide comprehensive, state of the art solutions to the building industry with digital platforms and physical products.
With this investment, Simpson Strong-Tie will help Higharc continue to lead the way for giving purchasing teams more automated and integrated solutions for managing option complexity and accurately generating POs. This investment supports Simpson Strong-Tie corporate venture investment efforts that it has developed over the last two years. The company is committed to allocating resources to open innovation and to finding new technologies that will help grow its business and will benefit the building industry overall.
“Investing in Higharc presents a unique opportunity to support more efficient homebuilding on a larger scale,” said Simpson Strong-Tie Executive Vice President, Innovation Jeremy Gilstrap. “Higharc’s team, with their foundation in technology, architecture, design, visualization and marketing, understands our products along with how to service and scale with the use of automation, making their solutions particularly exciting.”
“We’re honored that the team at Simpson Strong-Tie chose to invest in our efforts to improve purchasing in the homebuilding process,” said Higharc CEO Marc Minor. “Higharc’s Intelligent Homebuilding platform creates a single source of truth for builders by automating traditionally manual processes for design, sales, and construction. Simpson Strong-Tie joins a cross-industry group of strategic investors in Higharc from leaders in building materials, land development, distribution and CAD software.”