Track3D’s $10 Million Raise Fuels AI Growth in Construction Technology

On September 23, 2025, Track3D, an AI-driven reality intelligence start up focused on transforming construction monitoring, announced that it has secured ten million dollars in a Series A funding round. The round was led by Ironspring Ventures with co-lead participation from Zacua Ventures, and existing backers Shadow Ventures and Monta Vista Capital also took part. With this infusion, Track3D’s total funding now stands at approximately 14.3 million dollars, marking a major milestone in its growth journey.

Investors highlighted why they see Track3D as a standout in the construction technology sector. Ty Findley, Co-Founder and General Partner at Ironspring Ventures, remarked, “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.”

Vivin Hegde, Founding Partner at Zacua Ventures, shared a similar view. “The construction industry operates under relentless time and cost pressures. 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.”

Track3D was founded in 2022 and is headquartered in Milpitas, California, with a development and operations base in Hyderabad, India. From its inception, the company has positioned itself as an “AI-first” platform designed to simplify and accelerate the adoption of 3D vision and artificial intelligence on construction sites.

Traditional methods of construction monitoring have long been criticized for being slow, fragmented, and prone to inaccuracies. These inefficiencies often lead to disputes, delays, and cost overruns. Track3D aims to solve them by providing a unified platform that integrates multiple data sources such as 360-degree cameras, drones, laser scanners, and LiDAR-enabled smartphones, into a single cloud-based system.

Once this data is captured, the platform’s artificial intelligence and computer vision models process it to deliver real-time, actionable insights. The system can validate work in place against design specifications, track progress against project schedules, identify deviations, and produce analytics tied to drawings and quantities.

This allows construction stakeholders, owners, general contractors, and trade partners to make data-driven decisions, increase transparency, and establish a shared understanding of the jobsite. The company emphasizes the ease and speed of its deployment, claiming that a project can be onboarded within a day if drawings and an initial capture are provided, compared with weeks of setup required by traditional systems.

The founders of Track3D are Chaitanya Naredla, often referred to as Chaitanya NK, who serves as Chief Executive Officer, Kiran Gutta, who is the Chief Operating Officer, and Vineeth Kumar Paruchuri, the Chief Technology Officer. Each founder brings a strong background in technology and product development, and together they envisioned Track3D as a way to bridge the significant gap between modern artificial intelligence and the realities of construction workflows.

Reflecting on their mission, the company’s website quotes the team saying, “We started Track3D to change how the built world is understood by making AI and 3D vision simple enough to use on any jobsite.”

In the latest announcement, CEO Chaitanya NK expanded on this vision. He said, “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 validates that Track3D is not just a monitoring tool, but the new foundation for how construction projects are run.”

Looking ahead, Track3D has ambitious goals. With the latest funding, the company intends to expand its workforce, particularly strengthening its artificial intelligence and machine learning capabilities in India. It is also preparing to launch new features, including advanced deviation detection, early warning systems for delays, and intelligent agent assistants designed to help project teams make better decisions in real time.

Beyond product innovation, Track3D plans to expand its commercial footprint globally, with a focus on Europe and Saudi Arabia, while deepening its presence in the United States where it already claims rapid adoption and enterprise-level contracts.

The ambition extends to what Zacua Ventures described as construction’s “holy grail”: true production tracking, where every unit of work and resource use can be measured, verified, and optimized.

Despite its progress, Track3D faces challenges. The construction industry is known for being resistant to change, and convincing conservative contractors to adopt new systems remains a hurdle. The complexity of integrating diverse data sources, the logistics of deploying and maintaining hardware across multiple sites, and the presence of competitors all add pressure.

With this ten million dollar Series A, Track3D has both the resources and the momentum to push further into becoming a central player in construction technology. By merging AI, computer vision, and cloud intelligence, it is not only solving today’s inefficiencies but also laying the groundwork for the future of how the built environment is monitored, measured, and managed.