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§ Private Profile · New York City, NY, USA
Hearth is a technology company.
Hearth provides a comprehensive software platform designed for home improvement contractors. This all-in-one solution integrates tools for customer financing, digital payments, client management, and job oversight, including scheduling, quotes, and invoicing. The platform enhances contractor efficiency, simplifies operations, and optimizes financial performance.
Anthony Ghosn and Nikhil Pai co-founded Hearth in 2016, recognizing operational complexities faced by home improvement businesses. Their insight highlighted a critical need for a unified digital system to consolidate fragmented processes like client financing and project management. The founders aimed to empower contractors with a cohesive, intuitive solution.
The platform serves diverse home improvement professionals, from roofers to landscapers. Hearth’s vision centers on enabling these businesses to secure more projects, manage finances, and minimize administrative burdens. This strategic focus cultivates sustained growth and operational excellence within the contracting sector.
Hearth has raised $42.4M across 5 funding rounds.
Hearth has raised $42.4M in total across 5 funding rounds.
Hearth has raised $42.4M in total across 5 funding rounds.
Hearth's investors include Dream Ventures, Golden Hour Ventures, Behind Genius Ventures, Female Founders Fund, Ingeborg Investments, Stellation Capital, Sweater Ventures, Reshma Saujani, Jennifer Fleiss, Precursor Ventures, Backstage Capital, Wedbush Ventures.
Hearth has raised $42.4M across 5 funding rounds. Most recently, it raised $4.6M Other Equity in September 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 14, 2023 | $4.6M Venture Round | Dream Ventures, Golden Hour Ventures | Behind Genius Ventures, Female Founders Fund, Ingeborg Investments, Stellation Capital, Sweater Ventures | Announced |
| Jul 12, 2022 | $2.8M Seed | Reshma Saujani | Jennifer Fleiss, Female Founders Fund, Precursor Ventures, Stellation Capital | Announced |
| Feb 1, 2022 | $3M Seed | — | Backstage Capital, Wedbush Ventures, Claire Diaz Ortiz | Announced |
| May 18, 2021 | $23M Series B | Human Capital | Barry Sternlicht, JAY Levine, 8VC, SuRo Capital, The Chainsmokers | Announced |
| Aug 1, 2018 | $9M Seed | — | Uncork Capital, Yamaha Motor Ventures, Omar EL Ayat | Announced |
Hearth is a vertical fintech / SaaS company that builds sales, payments and customer‑financing tools for home‑improvement contractors, aiming to help trades businesses win more jobs, increase average ticket size, and digitize invoices and collections[3][5].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Core hook tie‑back: Hearth’s advantage is combining vertical, workflow‑native software with an embedded financing marketplace — a productized bridge between discovering a contractor and enabling the funded project — which is precisely the type of integrated solution the under‑digitized home‑improvement market needs to scale.
Sources: Company site and team pages; industry/profile pages summarizing product, customers and lender network[3][5][1][4].