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Arch, headquartered in San Francisco, CA, has successfully raised $6.2M in Seed funding. The funding round witnessed participation from prominent investors including Gigascale Capital, Coatue, Floodgate, ReGen Ventures, and MCJ Collective.
The primary objective behind this funding infusion is to bolster the engineering team at Arch and to facilitate the expansion of its customer base, with a specific focus on regions in the Northeast and California.
Under the leadership of CEO Phil Krinner and Sacha Schmitz, Arch specializes in providing a data intelligence platform tailored for HVAC contractors. Their platform aims to empower HVAC contractors to scale their businesses and spearhead advancements in home electrification. Utilizing a System of Intelligence for Revenue Generation, Arch integrates data from various sources, encompassing both internal (e.g., CRM, ERP) and external (e.g., satellite real estate footprints).
Through proprietary algorithms, the platform offers insights that transcend mere workflow automation. Contractors can efficiently analyze homes, optimize heat pump systems, and anticipate potential savings, with future plans to incorporate savings calculations. Arch’s system of intelligence streamlines lead generation, system design, and financing processes, thereby boosting conversion rates.
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By Proptechbuzz
By Ravi Kumar
