- Hearth is a fintech platform based in Austin, Texas, that provides home improvement contractors with financial tools such as invoicing, payment collections, and financing options to streamline their business operations.
- In 2023, Hearth raised $13 million in a Series B funding round, further enhancing its capabilities in the home improvement sector.
- Hearth's platform is trusted by over 30,000 contractors, enabling them to close 17% more estimates and fund over $1 billion in jobs, showcasing its significant impact on the industry.
- Ideal buyers for Hearth are home improvement contractors seeking to simplify their workflows and increase sales through integrated financing solutions, making it a critical tool for those looking to enhance their operational efficiency.
The workforce is structured across 13 departments, with Sales being the largest at 62 employees, followed by Community and Social Services with 18. Operations and Executive departments also contribute significantly, with 17 and 16 employees, respectively. This distribution indicates a strong emphasis on sales and community engagement, balanced by operational and executive support functions. The presence of diverse departments such as Health Services and Human Resources further enhances the company's functional capabilities.
Hearth operates across 34 locations, with a notable concentration in Boston, MA, housing 35 employees, followed by Austin, TX, with 20 employees. Other key locations include New York, NY, with 9 employees, and several smaller offices in cities like Houston and Denver. The 'Other' category, comprising 91 employees, suggests a significant remote or distributed workforce, indicating flexibility in geographic operations while maintaining a strong presence in major urban centers.
