Augmenta AI - About the company
Augmenta AI is a seed company based in Toronto (Canada), founded in 2018 by Davide Panelli, Massimiliano Moruzzi and Francesco Iorio. It operates as a Developer of automated electrical design platform for clash-free conduit routing. Augmenta AI has raised $25.8M in funding from investors like Prelude Ventures, Eclipse and Hazelview Ventures. The company has 674 active competitors, including 38 funded and 60 that have exited. Its top competitors include companies like Matterport, Nemetschek Group and Attentive.
Company Details
Developer of automated electrical design platform for clash-free conduit routing. The platform analyzes models and generates constructible conduit routes. It optimizes for length, bend degree, installation time, and cost. The platform integrates with existing conduit schedules and Autodesk Revit. It allows users to explore multiple designs and compare material and labor costs. The platform is designed for commercial projects.
Key Metrics
Founded Year
2018
Location
Toronto, Canada
Stage
Seed
Total Funding
$25.8M in 3 rounds
Latest Funding Round
Investors
Ranked
5th among 674 active competitors
Employee Count
71 as on May 31, 2026
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Augmenta AI's funding and investors
Augmenta AI has raised a total funding of $25.8M over 3 rounds. Its first funding round was on Jun 21, 2022. Its latest funding round was a Seed round on Mar 12, 2025 for $*****. 2 investors participated in its latest round. Augmenta AI has 8 institutional investors.
Here is the list of recent funding rounds of Augmenta AI:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 12, 2025 | 5385385 | Seed | 4557342 | 4862098 | 5003498 | 2784252 |
Jun 21, 2023 | 9856099 | Seed | 6641764 | 9734170 | 8701669 | |
Jun 21, 2022 | 4124128 | Seed | 1201610 | 9718793 |
View details of Augmenta AI's funding rounds and investors
Augmenta AI's founders and board of directors
Founder? Claim ProfileThe founders of Augmenta AI are Davide Panelli, Massimiliano Moruzzi and Francesco Iorio. Francesco Iorio is the CEO of Augmenta AI.
Here are the details of Augmenta AI's key team members:
- Davide Panelli: Co-Founder of Augmenta AI and founder of 1 other company.
- Massimiliano Moruzzi: Co-Founder of Augmenta AI. Contact Info: 1 email address
- Francesco Iorio: Co-Founder & CEO of Augmenta AI. Contact Info: 1 email address
View details of Augmenta AI's Founder profiles and Board Members
Augmenta AI's employee count trend
Augmenta AI has 71 employees as of May 26. Here is Augmenta AI's employee count trend over the years:
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Augmenta AI's Competitors and alternates
Top competitors of Augmenta AI include Matterport, Nemetschek Group and Attentive. Here is the list of Top 10 competitors of Augmenta AI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Matterport 2011, Sunnyvale (United States), Acquired | Provider of 3D digital twin solutions for various industry applications | $163M | 81/100 | |
2nd | Nemetschek Group 1963, Munich (Germany), Public | Provider of software solutions for architecture, engineering, construction, and operation | - | 72/100 | |
3rd | Attentive 2016, Wilmington (United States), Series B | Developer of AI-powered takeoff software for construction and field service industries | $49.7M | 62/100 | |
4th | Digital floor plan developers | $325K | 61/100 | ||
5th | Augmenta AI 2018, Toronto (Canada), Seed | Developer of automated electrical design platform for clash-free conduit routing | $25.8M | 60/100 | |
6th | Online design software for architects | $4.19M | 57/100 | ||
7th | Provider of AI-powered CAD software for fire alarm system design | $73.4M | 55/100 | ||
8th | Spatial Corp 1986, Denver (United States), Acquired | Platform offering component-based 3D modeling technology and software | - | - | 53/100 |
9th | Developer of software for building design, structural engineering, and infrastructure | - | - | 53/100 | |
10th | Vectorworks 1985, Columbia (United States), Acquired | Developer of three-dimensional design software for BIM, CAD, and modeling | - | - | 53/100 |
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Augmenta AI's Investments and acquisitions
Augmenta AI has made no investments or acquisitions yet.
Reports related to Augmenta AI
Here is the latest report on Augmenta AI's sector:
News related to Augmenta AI
Media has covered Augmenta AI for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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E-J Electric and Augmenta Announce Five-Year Strategic PartnershipGlobeNewswire•Apr 21, 2026•Ej1899, Augmenta AI
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Augmenta Secures $10 Million USD in Funding to Pioneer AI-Driven Building DesignGlobeNewswire•Mar 12, 2025•Augmenta AI, Prelude Ventures, Montage Ventures
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Augmenta Raises US$11.75 Million in Seed Extension to Disrupt the Construction Industry Through Automated Building DesignBusiness Wire•Jun 21, 2023•Augmenta AI, Eclipse, BDC, Suffolk and 2 others
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Augmenta Introduces Electrical Design Module for the Augmenta Construction PlatformBusiness Wire•Aug 23, 2022•Augmenta AI
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Hazelview Ventures Leads Seed Fundraising For Buildtech Company AugmentaCNW•Jun 21, 2022•Hazelview, Augmenta AI, Hazelview Ventures, Ferguson Ventures and 3 others
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