Track3D Raises $3.4M in Seed Funding to Expand Reality Intelligence Platform for Construction Industry
Track3D’s platform is already being utilized by enterprise clients such as Hensel Phelps and Performance Contracting, Inc. (PCI), helping them leverage AI-driven insights to optimize their construction processes.
Company Name: Track3D
Location: San Francisco, CA
Sector: AI, Construction Technology
Funding Details: Raised $3.4 million in Seed funding. The round was led by Endiya Partners, with participation from Shadow Ventures, Monta Vista Capital, and others.
Purpose of Investment: The company plans to use the funds to expand its product offerings and enhance go-to-market efforts.
Product and Innovation: Co-founded by Chaitanya Naredla, Kiran Gutta, and Vineeth Paruchuri, Track3D is an AI-first startup revolutionizing the construction industry with its reality intelligence platform. The platform serves as a central hub for all visual data, integrating AI tools with data from drones, 360 cameras, laser scanners, and mobile devices to transform raw data into actionable insights. Track3D’s system of intelligence allows construction professionals to capture, analyze, and act on real-time data with increased accuracy and efficiency.
About the Company: Track3D’s platform is already being utilized by enterprise clients such as Hensel Phelps and Performance Contracting, Inc. (PCI), helping them leverage AI-driven insights to optimize their construction processes. The company aims to continue innovating the construction industry with advanced reality data capture technology.