Cintoo investment from Amavi Capital, Armilar Venture Partners & Accenture Ventures

The SaaS platform receives funding to accelerate growth from AMAVI Capital, Armilar Venture Partners & Accenture Ventures

Cintoo’s SaaS platform, Cintoo Cloud, leverages Reality Data in the cloud and is at the convergence of Reality Capture and digital twins. Reality Capture devices, such as laser scanners or drones, are frequently used to capture the as-built conditions of a physical space, such as a building construction area, a factory or a plant, so that teams working on retrofit, construction or simulation projects can design or control work remotely without needing to visit the space. However, making such gigantic Reality Capture data accessible to stakeholders via the cloud has always been a challenge. Cintoo’s multimodal, hardware-agnostic platform is the response to this challenge. Cintoo Cloud uses a unique, patent-pending, core point cloud-to-mesh engine, and interconnects with BIM and digital twin platforms to bridge the gap between the physical and digital worlds. Accurate data of buildings, factories, plants, or any other industrial asset, becomes accessible and easily interpretable, by experts and non-experts alike, from a simple web browser from anywhere at any time, using Cintoo’s 3D mesh streaming technology.  

With approximately three billion square feet of laser scan data across 4,000 projects to date, Cintoo Cloud is currently used by more than 20,000 users in building information modeling (BIM), construction and Industry 4.0 organizations across the US, Canada, Europe and APAC as a unique source of trustful Reality Data. These users rely on Cintoo Cloud to better manage and collaborate on both brownfield and greenfield projects, saving significant resources, time and money.

The investment will be leveraged to expand Cintoo Cloud's capabilities to further meet the needs of Industry 4.0, BIM and construction customers, developing next generation features for asset management, progress monitoring and industrial metaverse exploration. This investment will also help Cintoo further expand its business in North America, Europe and APAC.

The Series A funding was co-led by AMAVI Capital and Armilar Venture Partners and counted with a participation from Accenture Ventures; Cintoo's prior investors, UI Investissement and Region Sud Investissement, also continue to support the business.