Snaptrude Secures $14M in Series A Funding to Revolutionize AEC Industry

Snaptrude Secures $14M in Series A Funding to Revolutionize AEC Industry

Snaptrude, founded by entrepreneur Altaf Ganihar, has recently announced a monumental achievement in its journey, securing a significant $14 million in Series A funding. The funding round, led by Foundamental and Accel, in collaboration with Fortius Ventures, brings Snaptrude’s total funding to an impressive $21.8 million.

Established in 2017, Snaptrude has quickly emerged as a pioneering force in the architecture, engineering, and construction (AEC) landscape. The core offering—an operating system designed explicitly for AEC companies—enables designers and architects to seamlessly create and modify intricate 3D building plans. This platform not only fosters collaboration among professionals but also facilitates engagement with stakeholders, empowering informed design decisions.

What sets Snaptrude apart is its utilization of cloud-based infrastructure and cutting-edge web technologies, which streamline data integrations from diverse sources. This stands in stark contrast to traditional, cumbersome desktop software prevalent in the industry.

The infusion of funds will fuel Snaptrude’s expansion plans. The company aims to amplify its product development and engineering teams, fortify its go-to-market strategies, and expand its global reach. With a user base of over 20,000 across 30+ countries, including industry giants in the US, UK, and India, Snaptrude is poised to reshape the future of AEC, promising more efficiency and informed decision-making within the industry.