Track3D, a San Francisco, CA-based AI startup building a reality intelligence platform for the construction industry, has raised $4.3 million in seed funding.
Investors
The round was led by Endiya Partners with participation from Shadow Ventures and Monta Vista Capital.
Founded in 2015, Endiya Partners is a venture capital firm based in Hyderabad, India, specializing in early-stage investments in technology firms focused on AI, healthcare, and consumer internet.
Track3D Use of Funds
The funding will accelerate the adoption of Track3D’s AI-powered Reality Intelligence Platform, designed for real-time construction monitoring.
About Track3D
Founded by Chaitanya Naredla, Kiran Gutta, and Vineeth Paruchuri, Track3D is an AI startup dedicated to transforming the construction industry through its pioneering Reality Intelligence Platform. The platform leverages data from drones, 360 cameras, and other devices to provide actionable insights, enhancing oversight and decision-making. Track3D counts industry giants like Hensel Phelps and PCI among its clients.
Funding Details
Company: Track3D
Raised: $4.3M
Round: Seed Round
Funding Date: September 2024
Lead Investor: Endiya Partners
Additional Investors: Shadow Ventures, Monta Vista Capital
Company Website: https://track3d.ai/
Software Category: Construction Monitoring
Source: https://www.prnewswire.com/news-releases/track3d-an-industry-first-unified-reality-intelligence-platform-for-construction-secures-4-3-million-seed-funding-302238448.html