# Revit Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/revit-technology

- Industry: Software
- Headquarters: San Rafael, US
- Website: www.revittechnology.com
- Total disclosed funding: $24M
- Latest round: Series C (Sep 19, 2000)
- Investors on record: 3

## About

Revit Technology specializes in innovative software solutions for the architecture, engineering, and construction industries, enhancing project design and management efficiency through advanced technology.Revit Technology, founded in 1998 and headquartered in San Rafael, US, focuses on developing software for design and construction professionals. The company was acquired by Autodesk in February 2002 for USD 133 mn in an all-cash transaction. It has successfully completed 3 deals throughout its history.Revit Technology offers advanced software solutions designed to streamline the architectural and engineering processes. Its flagship product provides tools for Building Information Modeling (BIM), enabling professionals to design, visualize, and manage building projects efficiently. The software is tailored to meet the demands of the construction industry, enhancing collaboration and accuracy in project execution.Revit Technology's revenue model is centered around software licensing and subscription fees, which facilitate ongoing access to its suite of design tools. This structure allows for consistent revenue generation based on the company's user base, comprising a wide array of architecture and engineering firms utilizing its innovative solutions.Following its acquisition by Autodesk, Revit Technology aims to leverage new resources for product development and market expansion. The company is focused on enhancing its software offerings and plans to release updates that further integrate cloud capabilities. Revit Technology also targets geographical expansion into European markets by 2025, utilizing funding from the recent acquisition to support these initiatives.

## Funding rounds

- Series C, Sep 19, 2000, $24M — Atlas Venture, North Bridge Venture Partners, Dassault Systemes

## Investors

- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Series C
- North Bridge Venture Partners (https://capitalatlas.ai/funds/north-bridge-venture-partners) — Series C
- Dassault Systemes — Series C