qbiq, a Tel Aviv, Israel-based AI company focused on automating architectural planning, has raised $16 million in Series A funding.
Investors
The round was led by Insight Partners, with participation from JLL Spark, 10D, Ocean Azul, Random Forest, and M-Fund.
Insight Partners is a global software investor supporting high-growth tech and internet companies. With over $80 billion in assets under management as of June 2024, it has invested in over 800 companies, including 55+ IPOs. Headquartered in New York City, with offices in London, Tel Aviv, and the Bay Area, Insight provides hands-on expertise to help visionary leaders scale from initial investment to IPO.
qbiq Use of Funds
The investment will drive qbiq's mission to standardize automated architectural capabilities in commercial real estate, making architectural planning faster, more accessible, and more efficient for non-designers and designers alike.
About qbiq
Founded in 2019 by Leeor Solnik, Elad Kaminer, Noam Diamantstein, and Roey Granot, qbiq provides an AI-based architectural planning solution that creates customized layout plans and visualizations. The software generates complete design packages, including floor plans, 3D models, and estimates. Headquartered in Tel Aviv with offices in New York and Miami, qbiq has delivered over 400 million square feet of plans.
Funding Details
Company: QBIQAI Ltd.
Raised: $16.0M
Round: Series A
Funding Month: January 2025
Lead Investor: Insight Partners
Additional Investors: JLL Spark, 10D, Ocean Azul, Random Forest, M-Fund
Company Website: https://qbiq.ai/
Software Category: Architectural AI
Source: https://www.prnewswire.com/news-releases/qbiq-ai-raises-16m-series-a-led-by-insight-partners-to-meet-booming-demand-for-its-automated-architectural-solutions-302347370.html