Key facts
- Mach9 raised $34 million in a Series A funding round.
- The company pivoted from robotics to AI-powered CAD software.
- Mach9's software aims to make the design and asset management process 10 times faster.
- The startup developed its own in-house AI models for centimeter-accurate results.
- Funding will be used to improve the product, hire experts, and scale the organization.
Mach9, formerly Mach9 Robotics, has secured $34 million in a Series A funding round co-led by First Round Capital and Bessemer Venture Partners. The company pivoted from its initial focus on hardware for civil engineering inspections to developing AI-powered CAD software after identifying workflow inefficiencies as the primary bottleneck. Mach9's software aims to automate tedious data processing, turning raw laser scanner and image data into usable survey information for engineers. The startup has garnered nearly 100 customers for its private beta, with the software used on over 2,500 projects. Mach9 claims its AI system can make the design process up to 10 times faster and significantly reduce costs, utilizing proprietary AI models trained for centimeter-accurate results required in construction and infrastructure work. The new funding will support product development, hiring industry experts, and scaling operations.