# RapidMind

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

- Industry: Software
- Headquarters: Waterloo, Canada
- Website: www.rapidmind.net
- Total disclosed funding: $8.7M
- Latest round: Series A (Apr 23, 2007)
- Investors on record: 3

## About

RapidMind is an architectural solutions firm that specializes in delivering innovative design and consulting services for both residential and commercial clients, focusing on functionality and creativity.Founded in 2004 in Waterloo, Canada, RapidMind focuses on architectural design and consulting services. The company saw significant growth and strategic changes, culminating in its acquisition by Intel Corporation in August 2009. The firm has completed a total of 3 deals, with its latest funding round being a Series A that raised CAD 10.000 mn, led by Venture West Capital alongside BDC Capital and EdgeStone Capital Partners.RapidMind Études offers comprehensive architectural design and consulting services tailored to both residential and commercial sectors. Their offerings cater to a diverse range of clients, including homeowners and commercial developers, addressing challenges such as optimizing space and integrating sustainable practices across various geographical markets in North America and Europe.The revenue of RapidMind Études is derived primarily from service-based transactions with clients. The company engages in direct partnerships for tailored architectural services, operating on a project basis that reflects a B2B model. Services are charged based on project scope and complexity, ensuring a transparent pricing structure aligned with industry standards.The recent acquisition by Intel Corporation in August 2009 positions RapidMind for strategic development and expansion. The company intends to leverage this acquisition to enhance its product offerings and expand into new markets, focusing on metropolitan regions that demand innovative architectural solutions. Upcoming product launches and additional services are being designed to further meet the needs of its diverse clientele.

## Funding rounds

- Series A, Apr 23, 2007, $8.7M — EdgeStone Capital Partners, BDC Capital, Venture West Capital

## Investors

- EdgeStone Capital Partners (https://capitalatlas.ai/funds/edgestone-capital-partners) — Series A
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series A
- Venture West Capital (https://capitalatlas.ai/funds/venture-west-capital) — Series A