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Stock impact report

This Software Startup Raised $53 Million To Save Homebuilders Time And Money [Forbes]

Desktop Metal, Inc. Class A (DM) 
Last desktop metal, inc. class a earnings: 11/1 07:31 am Check Earnings Report
US:NYSE Investor Relations: dommidstream.com/investors
Company Research Source: Forbes
Higharc founders (from left to right) Thomas Holt, Michael Bergin, Peter Boyer and Marc Minor M arc Minor, cofounder and CEO of homebuilding software startup Higharc, wants building homes to look more like advanced manufacturing. Just as a digital thread can connect the entire factory production process, Higharc's software allows homebuilders to manage the vast number of variables in 3D representations of their homes that follow them throughout the development process, saving time and money. “I just loved the story of advanced manufacturing and what it is doing,” Minor, a former marketing chief at 3D printing firms Carbon and Desktop Metal, told Forbes. “That world is what we're carrying into homebuilding.” Despite high interest rates' drag on the housing market, the Durham, N.C.-based company is growing fast. Minor said that the company had $21 million in software bookings for 2023, and that it was targeting two to three times that amount—a figure that equates to between $42 Show less Read more
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