# Paintjet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/paintjet

- Industry: Business Support Services
- Headquarters: Hendersonville, US
- Website: www.paintjet.com
- Total disclosed funding: $14M
- Latest round: Series A (Dec 20, 2023)
- Investors on record: 6

## About

Based in Tennessee, US, and founded in 2019 by co-founders Nick Hegeman, Sonia Chacko, and Steve Wasilowski, Paintjet, Inc. provides large-scale commercial and industrial painting services by implementing advanced robotics to paint large-scale industrial warehouses, marine ships, and wind turbines. In October 2022, PaintJet raised USD 3.5 million in seed funding led by investor Dynamo Ventures, with participation from other investors MetaProp, Pathbreaker Ventures, and Builders VC.

Paintjet, Inc. offers integrated technology and AI throughout the painting process for large-scale projects. The drones provide insights into surface conditions and maintenance cycles; along with imaging technology, they analyse surface, environmental, and coating conditions to ensure application quality, and the robots prepare the surface for application by washing down dirt, mildew, and rust and removing visible and non-visible surface contaminants to ensure good paint adhesion. The company’s product applies a special coating to improve the architectural support and protect the exterior of the structure. In addition, the company also offers predictive analytics to assess the extent of deterioration, model the nature of degradation, and determine the environmental conditions of assets for maintenance and repair.

## Funding rounds

- Series A, Dec 20, 2023, $10M — Pathbreaker Ventures, MetaProp, Dynamo, Outsiders Fund, VSC Ventures
- Seed, Oct 28, 2022, $3.5M — Pathbreaker Ventures, MetaProp, Builders VC, Dynamo

## Investors

- Pathbreaker Ventures (https://capitalatlas.ai/funds/pathbreaker-ventures) — Seed, Series A
- MetaProp (https://capitalatlas.ai/funds/metaprop) — Seed, Series A
- Builders VC (https://capitalatlas.ai/funds/builders-vc) — Seed
- Dynamo — Seed, Series A
- Outsiders Fund (https://capitalatlas.ai/funds/outsiders-fund) — Series A
- VSC Ventures (https://capitalatlas.ai/funds/vsc-ventures) — Series A