Trezi, a New Delhi, India-based metaverse platform that connects architects, designers, and building construction engineers with product manufacturers, raised $2 million in Series A funding.
The round was led by World V and YourNest Venture Capital, with participation from Auxano Capital and She Capital. Other investors include IAN Fund, Indian Angel Network (IAN), Rockstud Capital, and Stanford Angels and entrepreneurs.
The funds will be used to accelerate its platform development in the metaverse and it will expand its service into high-potential new geographies.
Trezi operates on a SaaS model and allows its clients to upload architectural models for viewing, editing, and remote collaboration in real-time.
Tithi Tewari, managing director (MD) at Trezi, said, “Having started as purely a design communication enhancing product, Trezi’s offerings have expanded based on customer needs. This is what makes it a truly relevant product with a metaverse-based play for our industry. The kind of customers that use Trezi only strengthens this view further. We are excited about the next phase of growth.”
Leading brands such as Schneider Electric, GMR, NCRTC, St Gobain, Orient Bell, The White Teak Company, and Blue Star, among others, utilize their comprehensive experience that helps the industry use digital twins for the design finalization and product selection processes.
Company: SmartVizs Private Limited
Raised: $2.0M
Round: Series A
Funding Month: January 2023
Lead Investors: World V and YourNest Venture Capital
Additional Investors: Auxano Capital, She Capital, include IAN Fund, Indian Angel Network (IAN), Rockstud Capital, and Stanford Angels
Company Website: https://trezi.com/
Software Category: Virtual Media Software
About the Company: Founded by Gautam Tewari and Tithi Tewari, Trezi is a fully immersive VR platform for the building industry that allows users to explore, review, and modify their designs at full scale. Trezi connects the design community with product manufacturers. Trezi’s mission is to become the leading immersive design collaboration platform for the building industry that brings together all stakeholders in the design project—from the architect, designer, and building product manufacturer/supplier to engineering service consultants, developers, and owners/tenants.
Source: https://www.entrepreneur.com/en-in/news-and-trends/trezi-raises-over-2-million-in-series-a-funding/442683