Shantel
Key Takeaways:
- Hypar, the world’s first cloud-based design automation platform for buildings, announces a $5.5 million Series A funding round led by Brick & Mortar Ventures, with participation from Building Ventures.
- Hypar’s platform provides comprehensive support for all stages of project realization, empowering building teams to make better decisions faster and optimize building designs.
- Founders Ian Keough and Anthony Hauck bring extensive experience in digital building solutions, including the development of goBIM and Dynamo, to deliver repeatable, scalable building expertise through Hypar.
Introduction
Hypar, the leading cloud-based design automation platform for buildings, has raised $5.5 million in a Series A funding round. The investment was led by Brick & Mortar Ventures, with participation from Building Ventures. Hypar’s platform offers a comprehensive solution for building teams, enabling better decision-making and more efficient design and construction workflows.
Transforming Building Design and Generation of 3D Assets
Alice Leung, VP of Platform & Product Strategy at Brick & Mortar Ventures, notes that Hypar represents a step change in the construction industry by transforming the adoption of building information modeling (BIM). With the ability to design and generate 3D assets, Hypar provides an innovative approach to streamline design workflows and create more efficient buildings.
Founders with Strong Digital Building Solutions Background
Ian Keough and Anthony Hauck, the founders of Hypar, have extensive experience in creating digital building solutions. Ian 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. Anthony Hauck held positions at Autodesk as the AEC Director of Product Management and Director of Product Strategy for Autodesk’s AEC Generative Design Group. Together, they recognized the industry’s need for accessible and scalable building expertise, leading to the creation of Hypar.
Automating Best Practices and Scaling Building Expertise
Hypar’s vision is to automate best practices in the architecture, engineering, and construction (AEC) industry, enabling projects to build upon existing knowledge rather than starting from scratch. The platform empowers teams to access scalable building expertise and collaborate on applications that leverage the collective knowledge of the industry.
Strong Industry Support and Opportunities for Growth
Allen Preger, Partner at Building Ventures, emphasizes Hypar’s mission to build the industry’s first open-source and cloud-native generative design platform. Hypar’s platform is already utilized by leading designers, builders, and suppliers to enhance their building configuration and construction offerings. With an exceptional team of engineers and a global network of computational designers, Hypar is well-positioned for its next phase of growth.
Recognition and Adoption by Industry Leaders
Bas Nolta, Global Manager Engineering Services Platform at Aliaxis, believes that Hypar is the future of collaborative design and engineering. The platform’s highly automated processes complement human experiences, enabling faster and better designs.
In addition to its main platform, Hypar has launched a space planning app built on its technology, reducing the time spent on commercial test fits by 90%. The Hypar team continues to work closely with industry partners to develop custom applications for workplace planning, healthcare, data centers, and other domains.
Expanding Platform Features and Product Lines
Hypar will use the new funding to expand its platform features, product lines, and go-to-market teams. The company is committed to driving innovation and providing building teams worldwide with the tools and expertise to create better buildings faster.
About Hypar
Hypar is the world’s first cloud-based design automation platform that enables building teams to rapidly create building designs, construction plans, and product systems. With support for every phase of project realization, Hypar delivers scalable building expertise to help teams make better decisions and realize better buildings. Learn more and sign up for a free account at hypar.io.
About Brick & Mortar Ventures
Brick & Mortar Ventures is an early-stage venture fund focused on the Built World. The firm, founded by Darren Bechtel, invests in emerging companies developing innovative software and hardware solutions for the architecture, engineering, construction, and facilities management industries. Brick & Mortar Ventures has previously invested in notable companies such as PlanGrid, BuildingConnected, BuildZoom, and Rhumbix. The firm is based in San Francisco, California.
About Building Ventures
Building Ventures is a venture capital firm dedicated to supporting early-stage startups that are reshaping the design, construction, operation, and experience of the built environment. For more information about the team and portfolio companies, visit buildingventures.com.
