Track3D Secures $4.3M in Seed Funding to Revolutionize Construction Monitoring
Slice of Construction Team
Sep 13, 2024
Key Highlights:
- Track3D secures $4.3M in seed funding led by Endiya Partners.
- AI-powered construction monitoring platform to revolutionize progress tracking.
- Significant productivity improvements reported by enterprise clients, including Hensel Phelps and PCI.
- Track3D’s unified platform provides actionable insights from drones, 360 cameras, laser scanners, and mobile devices.
Source (PR Newswire)
Quotes
“ "Track3D is shaping the digital transformation of a pivotal sector. We believe the time is now for a unified, data-agnostic construction monitoring solution." ”
Sateesh Andra, Managing Director at Endiya Partners
Our Take:
Track3D’s $4.3M funding marks a significant moment for the construction industry, as its AI-first approach to reality capture delivers unprecedented transparency and efficiency. With a focus on real-time data and actionable insights, Track3D is poised to drive industry-wide transformation, addressing core challenges in productivity, scheduling, and rework costs. The rapid adoption by major players such as Hensel Phelps and PCI further demonstrates the platform's game-changing potential, positioning Track3D as a key player in the future of construction technology.
