Hearth operates a SaaS platform that provides tens of thousands of home improvement contractors with financing solutions, invoicing, payment collections, insurance products and other business tools in a single system. The product is tailored specifically for the home improvement industry and aims to digitize an industry that generates over $100 billion in annual revenue. The company says the new funding will enable it to provide digital financial services to more home improvement professionals. Hearth has grown since starting the business four years ago and serves contractors nationwide. Financially, the company recently closed a $23M Series B and had previously raised $28M from earlier investors.

Total raised

$23M

Funding rounds

1

Latest round

Series B

Latest activity

May 2021