Artificial intelligence adoption continues to expand across residential construction as builders and suppliers seek to reduce design timelines, improve estimating accuracy and streamline project delivery. Higharc has secured new growth capital to expand its AI-based homebuilding platform and broaden its reach into construction material supply operations.
The Durham, North Carolina-based technology company announced a $95 million Series C financing round led by Insight Partners. Additional participants included Wellington Management and existing investors from the construction technology and venture capital sectors.
Higharc develops software intended to automate design-to-construction workflows for residential builders. The platform uses 3D spatial modeling and structured construction data to support plan development, estimating, permitting and sales functions.
According to the company, builders using the platform have reduced product development schedules and accelerated community launch timelines through greater automation of design and estimating activities.
The company said the latest funding will support continued AI product development and broader expansion across the homebuilding market.
Alongside the funding announcement, Higharc disclosed a partnership with US LBM focused on extending AI estimating capabilities into the building materials supply chain.
The initiative includes deployment of Higharc’s estimating technology for material takeoffs generated from builder floorplans. The platform converts two-dimensional plans into data-driven 3D building models intended to improve quantity calculations and align estimates with purchasable materials.
The partnership reflects growing interest among distributors and suppliers in using AI tools to improve quoting speed, procurement coordination and material planning accuracy.
Technology investment within the homebuilding sector has accelerated as builders contend with labor constraints, cost pressures and demand for faster project delivery. AI-enabled estimating and design automation tools are increasingly being evaluated as methods for reducing manual workflows and minimizing downstream revisions during construction.
For construction owners, developers and suppliers, expanded use of integrated digital platforms may improve coordination between design teams, procurement operations and field execution. Adoption of AI-driven estimating systems also has the potential to influence how builders and distributors manage pricing, scheduling and material forecasting across large residential programs.
Higharc’s funding round and supplier partnership highlight continued investment in construction technology platforms aimed at automating residential construction workflows. As builders and distributors seek greater efficiency in design and procurement operations, AI-enabled estimating and modeling systems are becoming more prominent within the housing construction sector.
The agreement with US LBM also signals increasing alignment between homebuilders and supply chain partners around shared digital workflows, particularly as residential developers look to improve speed, accuracy and cost control across production housing projects.
Source: PR News Wire.
