Modumate, a San Francisco, CA-based provider of next-generation 3D design software for architects, raised $1.5m in seed funding.
Backers included 205 Capital, Launch Capital, RiverPark Ventures, and TeleSoft Capital.
The company intends to use the funds for hiring, product development and marketing.
Led by Richman Neumann, CEO, Modumate is delivering new software that allows architects to modernize their business processes to save time, improve design and serve their clients. The first major deliverable is a 3D design environment that can automatically generate construction- and permit-ready drawings of a design.
The company is accepting pre-orders now and will enter alpha and beta customer testing this fall, with the first public production release scheduled for the end of 2018.
The product will be sold as a monthly or annual subscription license.