Hypar Secures $5.5M in Series A Funding to Revolutionize Building Design and Construction

ByLA STARTUPS

Hypar, a cloud-based design automation platform for buildings, has announced a $5.5 million Series A funding round. The round was led by Brick & Mortar Ventures, with additional participation from Building Ventures. The funds will be used to expand platform features, product lines, and go-to-market teams.

Hypar aims to revolutionize the building industry by providing support for every phase of project realization, enabling teams to make better decisions, faster. The platform is designed to deliver the world’s building expertise to realize better buildings.

“BIM has been a buzzword in the construction industry for decades now,” says Alice Leung, VP of Platform & Product Strategy at Brick & Mortar Ventures. “There have been challenges in its adoption and Hypar is here to change that – it’s a step change in how we are designing and generating 3D assets.”

Hypar was founded by Ian Keough and Anthony Hauck, both of whom have extensive experience in creating digital building solutions. Keough developed goBIM, the first BIM visualization application for iOS, which was later acquired by Vela Systems. He also invented Dynamo, a widely popular visual programming language for Revit. Hauck, after twenty years in architectural and construction practice, held positions at Autodesk as the AEC Director of Product Management and Director of Product Strategy for Autodesk’s AEC Generative Design Group.

“For centuries, buildings have started on a blank page, as if no one had ever built anything before,” says co-founder Anthony Hauck. “We automate best practices so that projects don’t have to start from scratch.”

The platform has already seen adoption by leading designers, builders, and suppliers who use it to productize their building configuration and construction offerings. In addition to the main platform, the team has launched a space planning app built on Hypar that reduces time spent on commercial test fits by 90%.

“With so much to change in the building industry, we’re delighted to continue our partnership with the Building Ventures team, and to welcome Brick & Mortar Ventures on board as investors,” concludes Ian Keough. “Both firms bring critical industry insights that support Hypar’s vision of better buildings, faster.”

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