Home » Snaptrude secures $6.6m to make BIM more collaborative and accessible

Snaptrude secures $6.6m to make BIM more collaborative and accessible

by Sion Geschwindt

New York-based startup Snaptrude has raised $6.6m (£5.6m) in seed funding to launch its web-based collaborative building design platform.

The young startup is on a mission to make building design more collaborative and accessible, giving users access to BIM tools at a more affordable cost.

The round was led by Accel and Foundamental VC, with participation from Possible Ventures, Clark Valberg, RFC, CapitalX, Thilo Konzok, and many other industry angels.

“The problem has been that the industry is very backward in nature. It’s dominated by companies like Autodesk, humongous companies, software built largely in the 90s. So, the software stack is very old,” Altaf Ganihar, founder and CEO of Snaptrude, told TechCrunch.

Unlike solutions such as Autodesk Revit, Snaptrude works on a browser and offers cloud-based collaboration for designing buildings in 3D.

Procliamed as “Figma for the construction industry”, Snaptrude’s platform generates real-time feedback on building cost, compliance, and climate studies, to help drive more informed design decisions.

“At Snaptrude, we firmly believe that our approach of being a web-first and collaborative tool gives us the unique advantage to spearhead the file-less ecosystem for the construction industry’s future. Snaptrude’s big vision is to be the modern OS for the construction industry to drive a better, more efficient and sustainable built environment, faster,” added Altaf.

Snaptrude claims to have over 6,000 users across 30+ countries and counts companies like WeWork as its customers.

According to Prashanth Prakash, Partner at Accel, the AEC industry is currently being held back by antiquated software systems and hasn’t undergone a modern cloud disruption. “This is where Snaptrude is changing the game–enabling true collaboration and access to real-world data in a huge, global market.”

Snaptrude was founded in 2017 by Altaf Ganihar and has previously raised $1.2 million in pre-seed by Accel and other industry angels. 

Read next: Using BIM to effectively manage building safety information

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