SAN FRANCISCO, CA – September 23, 2025 – Track3D, the leader in Reality Intelligence for construction, announced today a $10 million Series A raise 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, Track3D has become the go-to Reality Intelligence platform for the construction industry. Over 400 projects have already run on Track3D, with ENR 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 quantities. 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.

“Track3D was designed AI-first, making Reality Intelligence extremely simple and accessible across a wide variety of projects. By providing owners, general contractors, and trade partners with a shared operating system, we transform raw site data into proactive intelligence – delivering certainty, transparency, and accountability at every stage. Our rapid U.S. adoption, supported by industry-leading investors like Ironspring and Zacua, validates that Track3D is not just a monitoring tool, but the new foundation for how construction projects are run”. 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, early warning of potential delays, and intelligent agents that support project teams. 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, Co-Founder & General Partner at Ironspring Ventures.

“The construction industry operates under relentless time and cost pressures, which makes transparency and adaptability absolutely 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/

About Track3D

Track3D is a Bay Area-based construction technology company transforming how projects are delivered through Reality Intelligence. The platform combines site data with advanced analytics, giving construction teams a single source of truth to track progress, identify risks early, and make informed decisions. Trusted by leading ENR contractors and owners across the U.S., Track3D helps teams deliver projects on time and within budget.