San Francisco Bay Area-based AI-first startup Track3D has raised $4.3 million in seed funding, led by Endiya Partners with participation from Shadow Ventures and Monta Vista Capital. The company, operating across California and India, aims to redefine the construction industry by consolidating visual data from drones, 360 cameras, laser scanners, and mobile devices to deliver actionable AI-driven insights.
Co-Founder and CEO Chaitanya NK, in an interview with CNBC-TV18, shared the company’s ambitious plans for the funding. “This $4.3 million will help us enhance our product offerings, particularly in deviation analysis, and expand beyond construction to monitor the entire asset lifecycle,” he stated.
Track3D’s solutions are designed to address inefficiencies in construction workflows, offering tools for deviation analysis, project tracking, and real-time updates. The startup’s technology promises to improve decision-making and reduce costs for contractors.
The fresh capital will also support Track3D’s go-to-market strategy, with a primary focus on the U.S. market, where it already collaborates with leading contractors. With its innovative approach and expanded reach, the company is poised to lead advancements in construction and asset management, leveraging cutting-edge AI and visual technology.