SAN FRANCISCO — Arch, a company with a data intelligence platform for HVAC contractors, has raised $6.2 million in seed funding from Gigascale Capital, Coatue, Floodgate, ReGen Ventures, and MCJ Collective.
The investment comes as many Americans want to electrify their homes but face high upfront costs and a shortage of qualified installers. Arch aims to ease those issues by transforming the sales process and making heat pumps the obvious financial and performance choice for contractors and homeowners, the company said in a press release.