New capital to fuel hiring in India and deepen Track3D’s AI innovation in construction monitoring
HYDERABAD, India, Sept. 23, 2025 /PRNewswire/ — Track3D, the pioneer of Reality Intelligence for construction monitoring, today announced it has raised $10 million in Series A funding. The round was led by Ironspring Ventures with co-lead Zacua Ventures and participation from existing investors Shadow Ventures and Monta Vista Capital. This brings the company’s total funding to $14.3 million since its founding in 2022.
Track3D has rapidly emerged as a category leader in construction technology, with its platform now deployed on more than 400 projects. This growing adoption by leading contractors and owners has also resulted in multi-year enterprise agreements, underscoring both the platform’s effectiveness and the trust it has earned at scale.
Track3D, co-founded by Chaitanya NK, Kiran Gutta, and Vineeth Paruchuri, consolidates data from 360° cameras, drones, laser scanners, and LiDAR-enabled smartphones into a single cloud-based record. Advanced AI models then transform that data into actionable insights, including progress tracking, work-in-place validation, and performance analytics tied directly to drawings and quantities. The result is a transparent and verifiable view of jobsite performance that simplifies collaboration, reduces disputes, and keeps projects on schedule and within budget.
Since its launch, Track3D has grown from a 3-member founding team to over 130 employees, with its India team driving advances in AI/ML, product development, and technology. As the company accelerates its roadmap, it continues to expand its team, offering opportunities for fresh talent to shape the next generation of AI-driven solutions, transforming construction.
“Track3D was designed AI-first, making Reality Intelligence extremely simple and accessible across a wide variety of projects. By providing owners, general contractors, and trade partners with a shared operating system, we transform raw site data into proactive intelligence—delivering certainty, transparency, and accountability at every stage. Our rapid U.S. adoption, supported by industry-leading investors like Ironspring and Zacua, validates that Track3D is not just a monitoring tool but the new foundation for how construction projects are run,” said Chaitanya NK, Co-Founder & CEO of Track3D.
Building on this momentum, Track3D is also preparing to launch a suite of AI-powered features, such as deviation detection, early warning of potential delays, and intelligent agents that support project teams. Together, these developments move monitoring from reactive documentation to proactive project intelligence.
“With a powerful AI-first solution purpose-built to modernize construction monitoring, Track3D equips jobsite decision-makers with unparalleled insight that leads to better project outcomes. The company’s impressive commercial acceleration, having seen 10x YoY ARR growth, is unmatched in the construction tech sector, and this traction clearly demonstrates the quick impact Track3D has for its blue-chip customers,” said Ty Findley, Co-Founder & General Partner at Ironspring Ventures.
“The construction industry operates under relentless time and cost pressures, which makes transparency and adaptability absolutely essential. Track3D has built a platform that delivers both—bringing structure and insight to the flood of visual data generated onsite. Their ability to track progress with precision across multiple data sources doesn’t just improve visibility; it empowers teams to avoid costly mistakes before they happen. What excites me most is that Track3D isn’t stopping at documentation—they’re laying the groundwork to solve construction’s holy grail: true production tracking. That’s the future, and Track3D is well-positioned to lead it,” said Vivin Hegde, Founding Partner at Zacua Ventures
About Track3D
Track3D, a construction technology company with offices in Milpitas, CA, and Hyderabad, India, is dedicated to transforming the construction industry with its Reality Intelligence Platform. The platform combines site data with advanced analytics, giving construction teams a single source of truth to track progress, identify risks early, and make informed decisions. Trusted by leading contractors and owners, Track3D helps teams deliver projects on time and within budget.
To learn more, visit https://track3d.ai/ and follow Track3D on Linkedin.
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