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Augmenta AI - About the company

Augmenta AI is a seed company based in Toronto (Canada), founded in 2018 by Davide Panelli, Francesco Iorio, Massimiliano Moruzzi and Aaron Szymanski. 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 813 active competitors, including 42 funded and 63 that have exited. Its top competitors include companies like Matterport, Nemetschek Group and Higharc.

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
Ranked
Employee Count
69 as on Jul 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
8151400
Seed
5529140
8876524
5237646
9653872
Jun 21, 2023
6031875
Seed
7173049
4115979
1993067
Jun 21, 2022
6326706
Seed
5660716
4609536
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Augmenta AI's founders and board of directors

Founder? Claim Profile
The founders of Augmenta AI are Davide Panelli, Francesco Iorio, Massimiliano Moruzzi and Aaron Szymanski. Francesco Iorio is the CEO of Augmenta AI.
Here are the details of Augmenta AI's key team members:

Augmenta AI's employee count trend

Augmenta AI has 69 employees as of Jul 26. Here is Augmenta AI's employee count trend over the years:
Employee count trend for Augmenta AI
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Augmenta AI's Competitors and alternates

Top competitors of Augmenta AI include Matterport, Nemetschek Group and Higharc. Here is the list of Top 10 competitors of Augmenta AI, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Matterport
Matterport
2011, Sunnyvale (United States), Acquired
Provider of 3D digital twin solutions for various industry applications
$163M
80/100
2nd
Logo for Nemetschek Group
Nemetschek Group
1963, Munich (Germany), Public
Provider of software solutions for architecture, engineering, construction, and operation
-
73/100
3rd
Logo for Higharc
Higharc
2018, Durham (United States), Series C
SaaS-based online 3D staging platform for residential properties
$178M
64/100
4th
Logo for Attentive
Attentive
2016, Wilmington (United States), Series B
Developer of AI-powered takeoff software for construction and field service industries
$49.7M
62/100
5th
Logo for Planner 5D
Planner 5D
2011, Vilnius (Lithuania), Funding Raised
Web-based landscape and interior design tool for amateurs
-
62/100
6th
Logo for CubiCasa
CubiCasa
2013, Oulu (Finland), Acquired
Digital floor plan developers
$325K
61/100
7th
Logo for Endra
Endra
2024, Stockholm (Sweden), Series A
Developer of software for automated mechanical electrical and plumbing design
$73.4M
60/100
8th
Logo for Magicplan
Magicplan
2011, Montreal (Canada), Series A
AR-enabled mobile application to create floor plans
$1.2M
58/100
9th
Logo for Artemis
Artemis
2022, Sacramento (United States), Series A
Provider of AI-powered platform for solar, battery, and home improvement designs
$9.25M
55/100
10th
Logo for Augmenta AI
Augmenta AI
2018, Toronto (Canada), Seed
Developer of automated electrical design platform for clash-free conduit routing
$25.8M
55/100
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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 1 event in last 1 year, It was about partnerships.
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