Track3D: Revolutionizing Construction with AI

Track3D, a leading AI-driven startup focused on revolutionizing the construction industry, has secured a significant USD 4.3 million in seed funding. This funding round was spearheaded by Endiya Partners, with additional support from prominent investors like Shadow Ventures and Monta Vista Capital.

This fresh capital infusion will fuel the rapid adoption of Track3D's advanced AI-powered reality intelligence platform. This platform provides comprehensive construction progress monitoring, enabling more efficient and data-driven project management.

AI-Powered Reality Intelligence for Construction

Track3D's innovative platform seamlessly centralizes visual data from diverse sources, including drones, 360-degree cameras, laser scanners, and mobile devices. This data is then intelligently processed by Track3D's sophisticated AI tools, transforming raw data into actionable insights. This approach enhances real-time tracking, facilitates accurate deviation analysis, and optimizes project management for cost-efficiency.

Track3D's Impact: Boosting Construction Efficiency

The company proudly claims a remarkable impact on construction projects. Through the power of AI, Track3D asserts the ability to:

• Increase productivity by an impressive 15%.
• Improve schedule adherence by a notable 12%.
• Reduce rework costs by a significant 20%.

These substantial benefits have attracted major enterprise clients, including industry leaders like Hensel Phelps and PCI.

Expanding Operations and Team

With its sights set on continued growth, Track3D plans to expand its team in India and establish a new office in the upcoming year. The company's Hyderabad office, currently home to 100 experts, will continue to play a pivotal role in advancing the company's cutting-edge AI analytics and 3D computer vision capabilities.

Track3D's Vision for the Future

Track3D's CEO and Co-founder, NK Chaitanya, eloquently expresses the company's vision, stating, "Track3D's Reality Intelligence Platform offers unparalleled detail, empowering construction teams at every stage of a project. With our advanced AI tools, we eliminate guesswork and drive efficiency."

This statement underlines Track3D's commitment to leveraging AI to transform the construction industry by providing unparalleled insights, driving efficiency, and ultimately reshaping the way projects are managed and executed.