Trezi announced a Series A fundraising of over $2 million led by World V and YourNest Venture Capital along with two other key investors – Auxano Capital and She Capital.
Trezi is India’s first immersive design communication and collaboration platform for the Architecture, Engineering & Construction (AEC) industry which allows users to leverage the power of immersive tech and metaverse. The company will utilise the funding to accelerate its platform development in the metaverse and accelerate its entry into high-potential new geographies.
The platform with immersive capabilities which went to market in early 2019 has been created by two leading architects of the country, Tithi and Gautam Tewari. Trezi operates on a SaaS model and allows its clients to upload architectural models for viewing, editing and remote collaboration in real-time. In 2021, in its efforts to minimise the wastages associated with product selection in construction projects, Trezi has onboarded forward-thinking product manufacturers who have enriched the platform with their presence. Leading brands such as Schneider Electric, GMR, NCRTC, St Gobain, Orient Bell, The White Teak Company and Blue Star, among others, utilise Trezi’s comprehensive experience that helps the industry use digital twins for the design finalisation and product selection processes. This offering brings additional transaction-based revenues to the platform.
One can roam around in the space and customise in real-time to suit their preference through the pick-and-drop functionalities. With Trezi the traditional paper mock-ups with stage-by-stage planning can be replaced with a day 0 immersive experience of the space in the metaverse. Having looked into each of the components of Treziverse we are excited to be a part of this revolution in the AEC industry
Its other investors include IAN Fund, Indian Angel Network (IAN), Rockstud Capital and Stanford Angels and entrepreneurs. The transaction on account of Auxano Capital and She Capital was led by Adhiraj Mehra and Drishti Pahwa Managing Partners, AMDP Advisors.