SAN FRANCISCO, Calif. — Track3D, an AI-powered Reality Intelligence Platform for the construction industry, has announced it has reached $10 million in Series A funding to transform how builders monitor projects with verifiable progress insights. Ironspring Ventures led the round with co-lead Zacua Ventures and participation from existing investors Shadow Ventures and Monta Vista Capital. This round brings the company’s total funding to $14.3 million USD since its founding in 2022.
In just over a year, over 400 projects have already run on Track3D, with top contractors like Hensel Phelps and PCI among the early adopters. Several of these firms have signed the industry’s first multi-year, multi-million-dollar enterprise agreements, highlighting how critical Track3D has become to their operations.
Track3D brings clarity to the chaos of the jobsite. The platform pulls in data from 360° cameras, drones, laser scanners, and even LiDAR-enabled smartphones, consolidating it into a single cloud record. Advanced AI models then transform that data into actionable insights, including progress tracking, work-in-place validation, and performance analytics tied directly to drawings and quant ties. Builders get a transparent and verifiable view of their projects that reduces disputes, improves collaboration, and keeps schedules and budgets on track.
Unlike traditional systems that take four to six weeks to set up, Track3D is live in a single day. With only project drawings and an initial capture, teams start seeing progress insights immediately.
“Construction is at an inflection point, with the industry seeking technology that delivers actionable insights and not just documentation. Reality Intelligence is the future of monitoring, augmenting teams with AI to drive certainty, transparency, and accountability. Our rapid U.S. adoption, backed by industry-leading investors like Ironspring and Zacua, validates we’re on the right path.” said Chaitanya NK, co-founder & CEO of Track3D. Beyond scaling teams and accelerating innovation, Track3D is also preparing to launch a suite of AI-powered features, such as deviation detection, predictive risk detection for early delay alerts, and intelligent progress agents. Together, these developments move monitoring from reactive documentation to proactive project intelligence.”
“With a powerful AI-first solution purpose-built to modernize construction monitoring, Track3D equips jobsite decision-makers with unparalleled insight that leads to better project outcomes. The company’s impressive commercial acceleration, having seen 10x YoY ARR growth, is unmatched in the construction tech sector, and this traction clearly demonstrates the quick impact Track3D has for its blue-chip customers,” said Ty Findley, cofounder & general partner at Ironspring Ventures. “The construction industry operates under relentless time and cost pressures, which makes transparency and adaptability essential. Track3D has built a platform that delivers both, bringing structure and insight to the flood of visual data generated onsite. Their ability to track progress with precision across multiple data sources doesn’t just improve visibility; it empowers teams to avoid costly mistakes before they happen.”
“What excites me most is that Track3D isn’t stopping at documentation—they’re laying the groundwork to solve construction’s holy grail: true production tracking. That’s the future, and Track3D is well-positioned to lead it,” said Vivin Hegde, founding partner at Zacua Ventures. “With contractors facing labor shortages, rising costs, and growing project complexity, Track3D is helping teams deliver projects with confidence by grounding every decision in reality-based intelligence.”
The platform is now available across North America, and it is supported by enterprise rollouts, dedicated customer success teams, and integrations with project management tools contractors already use.
Contractors and owners interested in seeing the impact firsthand can request a live demo at: https://track3d.ai/contact-us/
