Swapp News
3 articles
growth-positive
SWAPP raises $11.5 million Series A to help architects with AI platform | CTech
SWAPP, an automation software company for architectural construction documents, has closed an $11.5 million Series A funding round. The Israeli startup aims to streamline the creation and management of architectural construction documents through its AI-driven platform. The funding brings the total raised by SWAPP to $18.5 million. The round was led by Eurazeo and included participation from existing investor Entrée Capital, as well as new investors Activum SG Ventures and XTX Ventures. SWAPPs goal is to help architects save time and resources while maintaining high-quality output.
Investment
growth-positive
Amar Hanspal joins SWAPP Advisory Board and Invests in their Growth
SWAPP, an AI-powered platform revolutionizing the architecture ecosystem, has announced that Amar Hanspal has joined its Advisory Board and invested in the company. SWAPP raised $7 million in early 2021 from Entree Capital, Point72 Ventures, and other investors. Amar Hanspal brings decades of experience in corporate leadership and technology growth to the advisory board. SWAPP aims to introduce a new global standard for architectural design and planning by leveraging AI and data to automate processes and increase productivity and profitability for architects and other stakeholders.
Investment
growth-positive
Swapp raises $7 million to automate construction planning with AI
Swapp, a company that leverages AI for construction planning, has raised $7 million in venture capital. The funds will be used for continued market expansion and growing the platforms AI capabilities. Swapps AI-powered platform streamlines the construction planning phase by eliminating the need to work with outside experts. It automates tasks like initial mass planning and analyzing architectural typologies. The company aims to replace the slow and inflexible construction planning process with a smart and efficient solution. Point72 Ventures and Entrée Capital led the seed round in Swapp. The investment will help Swapp grow its customer base and advance the future of construction planning.
Investment
