Mach9 Raises $34 Million for AI Civil Engineering Software
Mach9 raised $34 million in Series A funding, the company announced in a press release. First Round Capital and Bessemer Venture Partners led the round, with participation from Prudence and Quiet Capital.
The financing brings Mach9's total funding to $49 million. The company will use the capital to expand its software for surveying and civil engineering.
Mach9 converts LiDAR and other three dimensional scans of roads, utilities and construction sites into CAD drawings. Its software identifies features such as curbs, signs, poles, lane markings and wires, which surveyors and engineers can review and edit. Mach9 says its software has been used across more than 2,500 projects covering over 100,000 miles of infrastructure.
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