Swapp
Latest round
- Series A
Last raised
- May 2023
Total raised
- $19M
Investors
- 6
About Swapp
Founded in 2019, Swapp specializes in creating automation tools tailored for architectural documentation and modeling. The company, headquartered in Tel Aviv, Israel, was co-founded by Adi Shavit, Eitan Tsarfati, and Yasar Demirkent.SWAPP primarily offers an innovative automation tool designed for the architecture industry, focusing on documentation and modeling processes. The core product, SWAPP, automates tedious tasks such as dimensioning, tagging, and annotating architectural elements, significantly improving efficiency and consistency in construction documentation. By utilizing machine learning and artificial intelligence, SWAPP adapts to firm-specific standards and evolves based on feedback, ensuring that documentation reflects both the aesthetic and functional requirements of various architectural styles. The end users of SWAPP include leading architectural firms across various geographical markets, including North America, Europe, and Asia, where there is a demand for enhanced productivity in design and documentation workflows.SWAPP operates on a subscription-based revenue model, providing clients with access to its suite of automation tools tailored to meet their specific documentation and modeling needs. The structure of transactions typically involves annual or multi-year subscriptions, allowing firms to utilize SWAPP’s features in a scalable manner as their project demands grow. By partnering with architectural firms, SWAPP ensures a continuous revenue stream through these subscriptions, which grant access to its flagship automation capabilities and support services.5 mn to enhance customer engagement and product development, the company plans to further develop its automation tools and expand into new markets. Specific geographic regions targeted for expansion include North America and Europe, with anticipated activities commencing in 2024.
Who invested in Swapp
6 investors across 3 rounds
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Questions about Swapp
Who invested in Swapp?
Swapp has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Swapp raised?
Swapp has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Swapp last raise money?
Swapp's most recent round on record is a Series A, in May 2023.
What does Swapp do?
Founded in 2019, Swapp specializes in creating automation tools tailored for architectural documentation and modeling.
Where is Swapp headquartered?
Swapp is headquartered in Tel Aviv, Israel.
Which VCs invest in companies like Swapp?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Swapp's stage. Their profiles are linked below.
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