Digital Twin - About the company
Digital Twin is a funded company based in Cologne (Germany), founded in 2018 by Rahul Tomar and Jens Piesk. It operates as a Platform providing digital twin solutions for construction industry. Digital Twin has raised an undisclosed amount in funding. The company has 528 active competitors, including 84 funded and 51 that have exited. Its top competitors include companies like OpenSpace, BuildOps and Powerplay.
Company Details
DigitalTwin Technology provides digital twin solutions for the construction industry. Products include Tunnelware and Cityware that allows users to design construction sites or the entire city digitally and simulate their characteristics virtually. Provides solutions to plan, simulate and engineer a site digitally and evaluate & assess the performance of real infrastructure in real-time.
- Website
- digitaltwin.technology
- Social
- Email ID
- *****@digitaltwin.technology
- Phone Number
- +49 **********
- Registered Address
- Schaafenstr. 25, 50676 Köln
Key Metrics
Founded Year
2018
Location
Cologne, Germany
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
128th among 528 active competitors
Employee Count
17 as on May 31, 2026
Legal entities associated with Digital Twin
Digital Twin is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DigitalTwin Technology GmbH CIN: HRB96083 , Germany, Active | - | - | ||
DigitalTwin Technology GmbH CIN: R3306_HRB96083 , Germany, Active | Oct 29, 2018 | - | - |
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Digital Twin's funding and investors
Digital Twin has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Oct 01, 2020 for $*****. 1 investor participated in its latest round. Digital Twin has 1 institutional investor.
Here is the list of recent funding rounds of Digital Twin:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 01, 2020 | 1436497 | Grant (prize money) | 2921623 | 2552090 | 6302760 | 8921128 |
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Digital Twin's founders and board of directors
Founder? Claim ProfileThe founders of Digital Twin are Rahul Tomar and Jens Piesk.
Here are the details of Digital Twin's key team members:
- Rahul Tomar: Co-Founder of Digital Twin and founder of 1 other company.
- Jens Piesk: Co-Founder of Digital Twin and founder of 1 other company.
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Digital Twin's employee count trend
Digital Twin has 17 employees as of May 26. Here is Digital Twin's employee count trend over the years:
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Digital Twin's Competitors and alternates
Top competitors of Digital Twin include OpenSpace, BuildOps and Powerplay. Here is the list of Top 10 competitors of Digital Twin, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | _1530278185764.png?devicePixelRatio=2&height=30&width=30){kind=logo} OpenSpace 2017, San Francisco (United States), Series D | Developer of visual intelligence software for construction project site monitoring | $199M | 71/100 | |
2nd |  BuildOps 2018, Santa Monica (United States), Series C | Software solution for facility management and commercial contractors | $226M | 70/100 | |
3rd | Provider of SaaS-driven communication and collaboration software for construction professionals | $15.6M | 70/100 | ||
4th |  XYZ Reality 2017, London (United Kingdom), Series A | Provider of cloud-based augmented reality software for construction professionals | $34.5M | 68/100 | |
5th | Raken 2012, San Diego (United States), Acquired | Cloud-based tasks management and collaboration software for the construction sector | $12M | 65/100 | |
6th | Trunk Tools 2021, New York City (United States), Series B | Provide software for project leaders to address the skilled labor shortage and align workers incentives | $70M | 63/100 | |
7th | Fieldwire 2013, San Francisco (United States), Acquired | Provider of a cloud-based collaboration platform for construction project teams | $40.4M | 63/100 | |
8th |  Fyld 2019, London (United Kingdom), Series B | Provider of an AI platform for fieldwork operations management | $79.2M | 63/100 | |
9th | PlanGrid 2011, San Francisco (United States), Acquired | Provider of collaboration on web and mobile for field construction | $58M | 62/100 | |
10th |  LocusView 2014, Chicago (United States), Acquired | Navigation-based workforce management solutions for the construction sector | $80M | 61/100 | |
128th | Digital Twin 2018, Cologne (Germany), Funding Raised | Platform providing digital twin solutions for construction industry | - | 31/100 |
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Digital Twin's Investments and acquisitions
Digital Twin has made no investments or acquisitions yet.
Reports related to Digital Twin
Here is the latest report on Digital Twin's geography:
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