VC Fund Investments

Building design co Snaptrude raises $6.6 M from Accel, Foundamental VC, others

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Bangalore- and New York-headquartered building design startup Snaptrude has raised USD 6.6 million in seed funding to launch its web-based collaborative building design platform. The round was led by Accel India and Foundamental VC, with participation from Possible Ventures, Clark Valberg (founder, Invision), RFC, CapitalX, Thilo Konzok (co-founder, Home), and other angels. Snaptrude claims to generate real-time feedback on building cost, compliance, and climate studies, to help drive more informed design decisions. Using the platform, users can see the impact of design changes as they go. Snaptrude was founded in 2017 by Altaf Ganihar and has previously raised USD 1.2 million in pre-seed by Accel and other industry angels.

From the Venture Intelligence PE-VC Deal Database:In Jan-18, Snaptrude had raised about INR 1.4 Cr from Accel India. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)

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