Snaptrude, a BIM startup dedicated to helping AEC companies build more efficient and sustainable buildings faster, has announced it has raised $14 million in Series A funding from the following VCs: Foundamental, Accel, with Fortius Ventures also participating.
This brings the total raised to $21.8M, which will be deployed to grow the product and engineering teams, and expand Snaptrude’s go-to-market strategy and provide global reach.
Snaptrude is creating a modern platform for architects and designers to use the ‘Figma’ cloud model to change how firms design and model. The platform encourages collaboration, interoperability, and efficiency, and is an alternative to ‘legacy’ tools such as Autodesk Revit, SketchUp, and Autodesk AutoCAD which the company claims create disconnected workflows and impede productivity.
The platform provides instant feedback on real-world parameters, supports all leading design file formats, and now leverages generative AI for building design to improve the design process and reduce the time and money it takes to go from design to construction.
This new funding will be used to accelerate Snaptrude’s go-to-market efforts, expand the sales/marketing teams globally, and support the development of their modern platform for the design-construction workflows.