I'm a senior editor at Forbes, covering industrial innovation and climate-oriented technology. I also co-author the Current Climate newsletter and edit the Next Billion-Dollar Startups list. Before rejoining Forbes in 2016, I was a senior writer or staff writer at BusinessWeek, Money and the New York Daily News.
Higharc reached a valuation of $233 million by bringing technology to an old-school industry. Its ultimate goal: Make housing more affordable.arc Minor, cofounder and CEO of homebuilding software startup Higharc, wants building homes to look more like advanced manufacturing.
More than 1 million homes are built each year in the United States, some 800,000 of which are built production style in communities—the group that Higharc targets. Like automobiles, buyers customize their new houses by choosing a bay window over a regular one, say, or a different configuration of bedrooms. Different locations have different regulations, and slight changes to land or location create new requirements. “You add this up and there’s crazy complexity,” Minor said.
Higharc's software helps real estate developers manage the zillions of little choices that go into building a home.Higharc aims for this rapid reduction in production time to be the norm for its customers, claiming that it can decrease the time between contract and release to production, known as “soft cycle time,” by 33%, while cutting the overall design cycle by 75%.
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