Cintoo Raises $37 Million in Series B Funding to Revolutionize Laser Scan Data Management for 3D Asset and Digital Twin Workflows

In an exciting development for the digital construction and asset management sector, Cintoo has announced a substantial funding round that has successfully raised $37 million. This investment will support the company in enhancing its pioneering platform that aims to revolutionize the way businesses leverage 3D laser scan data and Digital Twins. Cintoo specializes in transforming 3D terrestrial, mobile, and drone laser scans into high-resolution 3D meshes that are remarkably smaller in size—up to 20 times less than the original source point clouds—without sacrificing accuracy. The funding will facilitate further innovation in their cloud capabilities, allowing users to collaboratively manage their assets more efficiently. With features like work-logic zone organization, access right management, and integrated comparisons for scan-versus-BIM models, Cintoo enables businesses to perform seamless field verification and robust progress monitoring during construction projects. The company is committed to enriching the collaborative experience by allowing teams to share data effortlessly through easily accessible WebGL applications. Additionally, Cintoo's platform supports interoperability with industry standards, enabling smooth integration with popular BIM coordination tools such as Autodesk BIM 360 and Procore. This round of funding is a significant milestone for Cintoo, as it continues to lead the charge in optimizing laser scanning investments while enhancing collaboration among team members, contractors, and clients. As Cintoo moves forward, the construction and asset management industries can expect to see even more transformative solutions that streamline workflows and elevate project success rates.