# Hypar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hypar

- Industry: Software
- Headquarters: Culver City, US
- Website: www.hypar.io
- Total disclosed funding: $8.3M
- Latest round: Series A (Jun 22, 2023)
- Investors on record: 4

## About

Founded in 2018 and based in California, US, Hypar, Inc. operates as a developer of engineering software that enables building planners to plan and generate designs. Anthony Hauck (COO) and Ian Keough (CEO) are the co-founders of the company. In June 2023, Hypar, Inc. raised USD 5.5 million in series A funding from Brick & Mortar Ventures and Building Ventures.

The company's primary tool, HyparSpace, delivers a new methodology for space planning that enables the planning of various space layouts, such as open office areas, conference rooms, staff lounges, and more, with ease and flexibility. Users can build test fits by sketching floor plates, tracing over photos, or importing from DXF, Revit, or Rhino. The platform allows professionals in the architectural, engineering, and construction (AEC) industries to accelerate their workflows and make educated decisions. Users can produce proposals and drive performance by integrating diverse building systems and utilizing analysis and simulation tools, operating from concept to construction in a systematic manner. Hypar provides an interface and connects with tools like as Revit, Excel, Dynamo, Grasshopper, and Rhino, as well as standard formats such as IFC, JSON, gITF, and Rhino.

The enterprise generates revenue through its pricing plans, which include the individual plan for USD 75 per month, the team plan starts at USD 3,588 per month, and the enterprise plan for customized pricing.

The organization plans to use the June 2023 funding to support the expansion of its platform's specifications, lines of products, and workforce.

## Funding rounds

- Series A, Jun 22, 2023, $5.5M — Brick & Mortar Ventures, Building Ventures
- Seed, Sep 4, 2020, $1.8M — Building Ventures, Keough Ventures, Spatial Syndicate
- Seed, Apr 5, 2019, $1M — Building Ventures

## Investors

- Building Ventures (https://capitalatlas.ai/funds/building-ventures) — Seed, Series A
- Keough Ventures — Seed
- Spatial Syndicate — Seed
- Brick & Mortar Ventures (https://capitalatlas.ai/funds/brick-mortar-ventures) — Series A