Simplex 3D News
4 articles
growth-positive
Why Real Estate Pros Trust Simplex 3D at Every Stage of Development
Simplex 3D, an Israeli proptech company, is leveraging AI and 3D mapping technology to revolutionize urban planning and real estate processes in New York City. Following the City of Yes zoning reforms, Simplex 3Ds platform integrates various zoning and urban planning data layers, allowing real estate professionals to perform complex tasks quickly and efficiently. The platforms capabilities include shade analysis, land-use optimization, and geospatial simulations, which streamline planning, designing, and sales tasks. The company is expanding its footprint to South Florida, creating a 3D model of Miami and surrounding areas. Simplex 3Ds innovative approach is transforming how urban environments are understood and developed.
Expand
growth-positive
רוכשים דירה? כך תוכלו לדעת אם מתוכנן מגדל שיסתיר לכם את הנוף
Simplex 3D, an Israeli technology company, has developed advanced 3D urban planning algorithms that allow users to evaluate future construction plans and compare real estate transactions. Their new technology, Atidim, provides a 3D map displaying all submitted construction plans and their status, aiding both professionals and homebuyers in making informed decisions. The technology is currently available in Tel Aviv, with plans to expand to other cities. Additionally, during a recent conflict, Simplex 3D adapted its platform for security purposes, enabling citizens to report their precise location to emergency teams using GPS and 3D maps. This dual application of their technology highlights its versatility and potential for growth.
Product Stage
growth-positive
Israeli SaaS company unleashes its tech in Italy | CTech
Simplex, an Israeli aerial 3D mapping company, is expanding its services to Italian cities through a partnership with a local IT company, aiming to cover 150 cities over the next three years. The company offers a SaaS platform that provides high-resolution mapping data, which is useful for municipalities and private companies in urban planning and real estate. Simplex received a $40 million investment from Fortissimo Capital, which acquired 40% of the company. The company is also planning to expand into Japan and the U.S. markets. Simplexs technology offers higher resolution maps compared to Google Maps and complies with GDPR requirements, facilitating its expansion into European and American markets.
PartnersInvestmentCustomers
growth-positive
On the map: Fortissimo to invest $40 million in Simplex 3D
Fortissimo Capital is acquiring a controlling stake in Simplex Mapping Solutions, a company specializing in high-resolution 3D modeling. The investment, totaling about $40 million, will occur in two phases, initially acquiring 40% of the company and later an additional 30%. Simplexs technology offers superior resolution compared to Google Maps and is used for urban planning, smart cities, and security management. The investment will support Simplexs expansion into new international markets and the development of innovative solutions, including AI-based tools. Simplex, which dominates the Israeli market, aims to increase its sales significantly and has recently entered markets in the U.S., Chile, Nigeria, and the UAE. The company plans to recruit more employees to support its growth.
InvestmentExpandPartners
