About AirWorks
AirWorks is a Real Estate & Construction company based in Cambridge (United States) founded in 2017 by David Morczinek and Adam Kersnowski. It operates as an AI-based SaaS software for aerial mapping and surveying is provided. AirWorks has raised $7.55 million across 7 funding rounds from investors including Capital Innovators, PSG Equity and GroundBreak Ventures. The company has 22 employees. Its chief executive is David Morczinek. AirWorks offers products and services including Geospatial Intelligence Solution and Consultation Services. Its focus areas include Real Estate and Construction Tech, Construction Tech, Design Tools and BIM and 3D Modelling. Its legal entity is AirWorks Solutions Inc. Its competitors include Autodesk, Dassault Systems, Graphisoft, Infurnia and Bentley Systems and 3 more; 3 of its 8 listed competitors have raised funding.
Company details
AirWorks was founded in 2017 and is based in Cambridge, United States. SaaS-driven AI software is offered for processing aerial data captured by third-party drones, aircraft, or satellites. Construction sites are analyzed to deliver site feature information to engineers. Proprietary machine learning converts datasets into CAD plans, with primary focus on the construction sector.
- Headquarters Cambridge, United States
- Employees 22
- Founders David Morczinek, Adam Kersnowski
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website airworks.io
- Social LinkedIn X Facebook
- Legal Name Airworks Solutions Inc
- Total Equity Funding$7.55M (USD)
in 7 rounds
- InvestorsCapital Innovators
& 14 more
- Employee Count22
Products & Services of AirWorks
AirWorks offers a comprehensive portfolio of products and services, including Geospatial Intelligence Solution and Consultation Services.
AI platform for processing aerial data and delivering accurate deliverables.
Expert advice on integrating AI for geospatial projects.
Funding Insights of AirWorks
AirWorks has successfully raised a total of $7.55M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $7.55M
- Total Rounds 7
- First Round $50,000
(May 2018)
- Investors Count 15
All 7 funding rounds of AirWorks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | – | Series A | – | PSG | – |
| Jul 2022 | $5M | Series A | – | GroundBreak Ventures | |
| Sep 2021 | $100,000 | Grant | – | – | |
| Sep 2020 | – | Seed | – | MetaProp NYC | |
| Mar 2019 | $250,000 | Seed | – | FM Global | – |
| Jan 2019 | $2.3M | Seed | – | Innospark Ventures | |
| May 2018 | $50,000 | Grant | – | – |
15 investors in total: 15 institutional.
Investors in AirWorks
AirWorks has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Capital Innovators, PSG Equity and GroundBreak Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Capital and operational support are provided to growth-stage software companies. | – | psgequity.com | Boston, United States | |
GroundBreak Ventures is focused on investing in PropTech startups. | – | groundbreakventures.com | Toronto, Canada | |
Venture capital firm focused on AI, healthcare, life science, B2B enterprise, and technology sectors | – | innospark.vc | Boston, United States | |
Early-stage investments are made in housing and construction technology. | – | hometeam.vc | - | |
Investments are focused on robotics, automation, and AI startups. | – | cybernetix.vc | Boston, United States | |
Construction and real estate startups are invested in by Suffolk. | – | suffolktech.com | Boston, United States | |
Technology, consumer, and energy startups are accelerated and funded. | 2010 | capitalinnovators.com | St. Louis, United States | |
Creative Ventures is focused on deep tech venture investments. | – | creativeventures.vc | San Francisco Bay Area, United States | |
Venture capital firm focused on early seed investments | – | metfund.co | Boston, United States | |
Micro-venture capital firm investing in multiple sectors | – | roughdraft.vc | Cambridge, United States |
Investor details for AirWorks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of AirWorks
12 people are tracked at AirWorks (6 in leadership, 6 in team); the tracked headcount is 22.
| Name | Role | Group |
|---|---|---|
David Morczinek | Co-Founder & CEO | Leadership |
Adam Kersnowski | Co-Founder | Leadership |
Joel Forman | Head of AI Development | Leadership |
Joel Forman, Ph.D., P.E. | Director Of Artificial Intelligence | Leadership |
Clayton Jones | Head Of Marketing | Leadership |
Ken Richard | VP Of Finance | Leadership |
Ian Koskinen | Computer Aided Design Engineer | Team |
Xiao Bao | Data Engineer | Team |
Mikaela Gordon | Data Engineer | Team |
Piaotian Jin | Senior GIS Software Developer | Team |
Reddy Aravind K G | Senior Computer Vision Engineer | Team |
Ishan Patel | Hands-on Engineering Manager | Team |
Complete people profiles for AirWorks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Timeline of AirWorks
3 dated milestones of AirWorks across 6 years, from founding to its latest funding, stage changes and deals.
- Founded AirWorks is founded.
- Funding First funding round of $50K.
- Funding Latest funding round, Series A,.
Competitors of AirWorks
AirWorks has 8 listed competitors in our database, 3 of them funded. They include Autodesk, Dassault Systems, Graphisoft, Infurnia and Bentley Systems, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| autodesk.com | 1982 | San Francisco, United States | – | 14,100 | Provider of cloud-based 3D CAD modeling software for the AEC industry | |
| 3ds.com | 1981 | Velizy Villacoublay, France | – | 23,800 | SaaS-driven BIM and 3D modeling solutions are offered for construction. | |
| graphisoft.com | 1982 | Budapest, Hungary | – | – | BIM software is developed for architects, designers, and planners. | |
| infurnia.com | 2014 | Bengaluru, India | $5.94M | 28 | Architecture and interior design software with manufacturing integration is provided. | |
| bentley.com | 1984 | Exton, United States | – | 18 | Cloud-based design software for infrastructure construction is provided. | |
| snaptrude.com | 2017 | New York, United States | $21.49M | – | SaaS-based BIM and 3D modelling solutions for construction professionals | |
| thenbs.com | 2002 | Newcastle Upon Tyne, United Kingdom | – | 197 | Cloud-based integration software is provided for the construction industry. | |
| graitec.com | 1997 | Southampton, United Kingdom | $5.42M | 8 | CAD and structural analysis solutions for civil engineering are provided. |
Detailed competitors of AirWorks
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of AirWorks
The website of AirWorks (airworks.io) receives about 4.8K visits a month.
- Monthly visits4.8K
▲ 48.4% vs previous month
Websites whose visitors overlap most with AirWorks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| airworkssolutions.com | 100% | 4.8K | #3,938,592 | View details |
Top companies in Construction & Building Tech
10 companies that operate in the same segment as AirWorks (Construction & Building Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category products are supplied via a B2B marketplace platform. | 2015 | Singapore, Singapore, Singapore | USD 470.85 M | USD 642.28 M | 1,331 | |
SaaS project management software is provided for construction professionals. | 2003 | Carpinteria, California, United States | USD 406.15 M | USD 1.32 B | 4,927 | |
Business management software is offered for home service providers. | 2007 | Glendale, California, United States | USD 1.1 B | USD 960.97 M | 3,049 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | – | USD 3.59 B | 12,100 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 783.57 M | USD 1.43 B | 2,645 | |
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Hover is recognized for providing construction and renovation software solutions. | 2011 | San Francisco, California, United States | USD 142.3 M | – | – | |
Cloud-based CRM and project management software for contractors is provided. | 2011 | American Fork, Utah, United States | USD 383 M | – | – | |
Cloud-based AR-enabled photo collaboration for field services is provided. | 2015 | Lincoln, Nebraska, United States | USD 36.25 M | – | 362 | |
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.01 B | USD 101.33 M | 410 |
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Related news about Airworks
Complete news archive for AirWorks
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Frequently Asked Questions about AirWorks
AirWorks was founded in 2017 and raised its 1st funding round 1 year after it was founded.
AirWorks is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
David Morczinek is the current CEO of AirWorks. They have also founded this company.
AirWorks is a funded company, having raised a total of $7.55M across 7 funding rounds to date. The company's 1st funding round was a Grant of $50K, raised on May 2018.
AirWorks has 22 employees.
AirWorks was founded in 2017 and is based in Cambridge, United States. SaaS-driven AI software is offered for processing aerial data captured by third-party drones, aircraft, or satellites. Construction sites are analyzed to deliver site feature information to engineers. Proprietary machine learning converts datasets into CAD plans, with primary focus on the construction sector.
AirWorks's top competitors include Autodesk, Dassault Systems and Graphisoft.
AirWorks offers Geospatial Intelligence Solution and Consultation Services.
AirWorks has 15 investors. Key investors include Capital Innovators, PSG Equity, GroundBreak Ventures, MetaProp, and Innospark.
AirWorks operates through Airworks Solutions Inc.