CadFaster
closedFinancials
Estimates*
EUR | 2015 | 2016 |
---|---|---|
Profit | (<1m) | (<1m) |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €1.2m | Seed | |
N/A | €250k | Series A | |
N/A | €310k | Early VC | |
N/A | - | ||
N/A | $250k | Early VC | |
N/A | €180k | Early VC | |
N/A | €40.0k | Early VC | |
Total Funding | €2.2m |
Recent News about CadFaster
EditCadFaster is a dynamic startup that specializes in providing advanced software solutions for the architecture, engineering, and construction (AEC) industry. The company focuses on developing tools that enhance collaboration and efficiency in the design and construction process. CadFaster's primary product is a cloud-based platform that allows professionals to share, view, and mark up 3D models in real-time, regardless of their location. This technology significantly improves communication and reduces the time needed for project approvals and revisions.
The company serves a wide range of clients within the AEC sector, including architects, engineers, contractors, and project managers. By targeting these professionals, CadFaster operates in a niche market that demands high precision and seamless collaboration. The AEC industry is known for its complex projects and the need for meticulous planning and execution, making CadFaster's solutions highly valuable.
CadFaster's business model is based on a subscription service. Clients pay a recurring fee to access the platform, which provides them with continuous updates and support. This model ensures a steady stream of revenue for the company and allows it to invest in further development and innovation. Additionally, CadFaster offers different pricing tiers to cater to various business sizes, from small firms to large enterprises, ensuring that its solutions are accessible to a broad audience.
The company makes money primarily through these subscription fees, but it also generates revenue from offering premium features and add-ons. These additional services provide enhanced functionalities, such as advanced analytics and custom integrations, which cater to the specific needs of larger clients.
In summary, CadFaster is a forward-thinking company that leverages cutting-edge technology to streamline the design and construction process in the AEC industry. By offering a cloud-based platform that enhances collaboration, it provides significant value to its clients and maintains a robust business model through subscription-based revenue.
Keywords: AEC industry, cloud-based platform, 3D models, real-time collaboration, architects, engineers, contractors, subscription service, project management, software solutions.