Swapp Company Profile
Swapp, founded in 2019 and formerly known as BuildOS, is a privately held, venture capital-backed Israeli company with 50 employees that develops an AI-driven construction planning platform to digitize and streamline collaboration for real estate developers, architects, and engineers, having raised $11.5 million in a Series A round in May 2023 and operating primarily in SaaS, AI/ML, construction tech, and real estate tech sectors.
Company Overview
Year Founded: 2019
Status: Private
Employees: 50
Latest Deal Type: Series A
Latest Deal Amount: $11.5M
Investors: 10
General Information
Swapp is a developer of an artificial intelligence-driven construction planning platform designed to digitize the construction industry. The platform offers efficient and scalable services using artificial intelligence and data-driven methodologies, enabling real-estate developers, architects, and engineers to seamlessly plan, collaborate, and communicate for every project's exterior and interior.
Website: www.swapp.ai
Formerly Known As: BuildOS
Ownership Status: Privately Held (backing)
Financing Status: Venture Capital-Backed
Corporate Office:
- Leonardo da Vinci 13 Street
- Tel Aviv, Israel
- +972
Primary Industry: Business/Productivity Software
Other Industries: Media and Information Services (B2B), Vertical Market Software
Verticals:
- SaaS
- Artificial Intelligence & Machine Learning
- Construction Technology
- Real Estate Technology
Valuation & Funding
- Series A (Early Stage VC): $11.5M on 17-May-2023 (Completed, Generating Revenue)
- Early Stage VC: 01-Jun-2022 (Completed, Generating Revenue)
- Seed Round: 20-Jan-2021 (Completed, Generating Revenue)
- Accelerator/Incubator: 01-Mar-2020 (Completed, Generating Revenue)
- Accelerator/Incubator: (Completed, Generating Revenue)
- Seed Round: $2.84M on 01-Aug-2019 (Completed, Generating Revenue)
- Accelerator/Incubator: (Completed, Generating Revenue)
Cap Table (Partial)
- Preferred Seed-2: 2,717 shares, Par Value $0.01, Original Issue Price $36.8, Liquidation $36.8, 1x Preference, Conversion Price $36.8, 1.73% Owned
- Preferred Seed-1: 7,341 shares, Par Value $0.01, Original Issue Price $39.43, Liquidation $39.43, 1x Preference, Conversion Price $39.43, 4.66% Owned
Patent Activity
- US-20210019703-A1: Method for automatic dynamic multiple building floor plan generation (Inactive, First Filing Date: 26-Jun-2019)
Investors (Partial List)
- ActivumSG Capital Management (Real Estate, Minority)
- Concrete VC (Venture Capital, Minority)
- Eurazeo (Asset Manager, Minority)
- XTX Ventures (Corporate Venture Capital, Minority)
- Point72 Ventures (Venture Capital, Minority)
Competitors (Partial List)
- BuildingConnected (San Francisco, CA)
- OnSiteIQ (New York, NY)
- KloudFuse (Cupertino, CA)
- GetApp (Barcelona, Spain)
- AirWorks (Boston, MA)
FAQs
When was Swapp founded?
Swapp was founded in 2019.
Where is Swapp headquartered?
Swapp is headquartered in Tel Aviv, Israel.
What is the size of Swapp?
Swapp has 50 total employees.
What industry is Swapp in?
Swapp’s primary industry is Business/Productivity Software.
Is Swapp a private or public company?
Swapp is a Private company.
What is Swapp’s current revenue?
The current revenue for Swapp is not disclosed.
How much funding has Swapp raised over time?
Swapp has raised $21.3M.
Who are Swapp’s investors?
ActivumSG Capital Management, Concrete VC, Eurazeo, XTX Ventures, and Point72 Ventures are among the investors who have invested in Swapp.
Who are Swapp’s competitors?
BuildingConnected, OnSiteIQ, KloudFuse, GetApp, and AirWorks are some of the competitors of Swapp.