Track3D Raises $10M to Advance AI in Construction

San Francisco, CA — Construction technology startup Track3D has closed a $10 million Series A round to accelerate its AI-driven platform for construction monitoring, further cementing its role as a rising leader in “Reality Intelligence.” The raise was led by Ironspring Ventures, with Zacua Ventures as co-lead, and continued participation from Shadow Ventures and Monta Vista Capital, bringing the company’s total funding to $14.3 million since its founding in 2022.

Track3D has quickly gained traction in the U.S. construction sector, running on over 400 projects nationwide. Its customers include major ENR Top Contractors like Hensel Phelps and PCI, several of which have already signed multi-year, multi-million-dollar enterprise agreements — a signal of the platform’s growing indispensability to large contractors.

At its core, Track3D streamlines the jobsite by consolidating data from 360° cameras, drones, laser scanners, and LiDAR-enabled smartphones into a single cloud record. Its AI-first engine transforms this data into actionable insights — enabling progress tracking, work-in-place validation, and performance analytics tied directly to construction drawings and quantities. The result is a transparent and verifiable record of project activity that reduces disputes, enhances collaboration, and keeps projects on time and within budget.

Unlike traditional monitoring systems that can take four to six weeks to set up, Track3D can be deployed in just a single day, requiring only drawings and an initial site capture to begin generating insights.

Chaitanya NK, Co-Founder & CEO of Track3D, said: “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.”

The company plans to use the new capital to scale its teams, expand enterprise adoption, and accelerate AI innovation. Upcoming features include automated deviation detection, predictive alerts for delays, and intelligent agents that can proactively support project teams. These upgrades are aimed at moving construction monitoring beyond documentation and toward true project intelligence.

Ty Findley, Co-Founder & General Partner at Ironspring Ventures, praised Track3D’s momentum: “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.”

Vivin Hegde, Founding Partner at Zacua Ventures, underscored the broader industry impact: “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.”

With labor shortages, rising material costs, and increasing project complexity challenging the industry, contractors are turning to tools like Track3D to maintain efficiency and reduce risks. The platform is already available across North America and integrates with existing project management systems, backed by dedicated customer success teams.

For contractors and owners interested in exploring its capabilities, Track3D offers live demos via its website: https://track3d.ai/contact-us/.

Originally reported by Track 3D in PR News Wire.