PE-VC Fund Investments
Endiya Partners-backed construction tech platform Track3D raises $10-M
Track3D , a Hyderabad- and Milpitas, CA (USA)-based reality intelligence platform for the construction industry, has raised USD 10 million in a Series A funding round led by Ironspring Ventures. Zacua Ventures co-led the investment round, with participation from existing investors Shadow Ventures and Monta Vista Capital.Co-founded in 2022 by Chaitanya NK, Kiran Gutta, and Vineeth Paruchuri, Track3D's platform aggregates data from 360 degree cameras, drones, laser scanners, and LiDAR-enabled smartphones into a single cloud-based record. Its AI models then process this data into insights for progress tracking, work-in-place validation, and performance analytics.The fresh funds will support hiring in India and further development of AI-driven features, including deviation detection, early warning systems for delays, and intelligent project-support agents.
In Sep 24, Track3D had raised USD 4.3 million in seed funding led by Endiya Partners.
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