Snaptrude gets VC backing to take on Autodesk in building design space

Snaptrude, a young startup, is attempting to disrupt Autodesk in the building design space, giving customers modern and broader sets of features at more affordable cost. The early progress by the New York City-headquartered firm has helped it court thousands of customers and now, a seed funding.

The startup — which has raised $6.6 million in a seed funding co-led by Accel and Foundamental VC — is taking a similar approach as Figma to take on an industry that has relied on decades-old code and where cloud-based collaboration is still elusive.

“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,” said Altaf Ganihar, founder and CEO of Snaptrude, in an interview.

Popular Building Information Modeling (BIM) solutions including Autodesk’s Revit have lagged in many areas. They ...

Read Entire Article

© 2024 Thiratti. All rights reserved.