Total amount raised
$47.8 Millions
Latest funding date
05/01/2021
Location
Hearth has developed a comprehensive platform that offers financing and software tools tailored for contractors in the home improvement industry. The platform includes features such as customer financing, digital payments, client management, job management, and marketing tools.
Keep reading to explore the intricacies of Hearth's fundraising journey and the investors backing this innovative platform.
What Is Hearth?
Hearth, founded in 2016 by Anthony Ghosn and Nikhil Pai, operates in the home improvement and contractor financing solutions industry. The company is based in Austin and San Francisco.
Hearth provides an all-in-one app designed to help home improvement professionals streamline their sales process and win more business. The app includes tools for financing, digital payments, client management, job management, marketing, and more.
How Much Funding Has Hearth Raised?
- Seed Round
- Amount Raised: $8.7M
- Date: August 2018
- Lead Investors: 8VC
- Series A
- Amount Raised: $16.1M
- Date: May 2020
- Series B
- Amount Raised: $23M
- Date: May 2021
- Lead Investors: Human Capital
In total, Hearth has raised $47.8M.
Key Investors
- Human Capital
- Details: Human Capital is a venture capital firm that focuses on investing in early-stage technology companies. They are known for their unique approach of combining venture capital with talent acquisition services.
- Investment Focus Areas: Technology, Software, Human Resources
- Notable Investments: Brex, Anduril, Livongo
- 8VC
- Details: 8VC is a venture capital firm based in San Francisco, founded by Joe Lonsdale. The firm invests in companies that aim to create long-term economic and societal value.
- Investment Focus Areas: Healthcare, Logistics, Financial Services
- Notable Investments: Palantir, Wish, Guardant Health
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