About AirWorks
AirWorks is a company based in Cambridge (United States) founded in 2017 by David Morczinek and Adam Kersnowski.. 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 as of December 31, 2023. AirWorks offers products and services including Geospatial Intelligence Solution and Consultation Services. AirWorks operates in a competitive market with competitors including Autodesk, Dassault Systems, Graphisoft, Infurnia and Bentley Systems, among others.
- Headquarter Cambridge, United States
- Employees 22 as on 31 Dec, 2023
- Founders David Morczinek, Adam Kersnowski
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Airworks Solutions Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.55 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Capital Innovators
& 14 more
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Employee Count
22
as on Dec 31, 2023
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Products & Services of AirWorks
AirWorks offers a comprehensive portfolio of products and services, including Geospatial Intelligence Solution and Consultation Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI platform for processing aerial data and delivering accurate deliverables.
Expert advice on integrating AI for geospatial projects.
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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 Total Funding
- Total Rounds 7
- Last Round Last Round
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First Round
First Round
(23 May 2018)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series A - AirWorks | Valuation | PSG |
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| Jul, 2022 | Amount | Series A - AirWorks | Valuation | GroundBreak Ventures | |
| Sep, 2021 | Amount | Grant - AirWorks | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Capital and operational support are provided to growth-stage software companies.
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Founded Year | Domain | Location | |
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GroundBreak Ventures is focused on investing in PropTech startups.
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Founded Year | Domain | Location | |
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Venture capital firm focused on AI, healthcare, life science, B2B enterprise, and technology sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AirWorks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AirWorks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Airworks Comparisons
Competitors of AirWorks
AirWorks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Autodesk, Dassault Systems, Graphisoft, Infurnia and Bentley Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of cloud-based 3D CAD modeling software for the AEC industry
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| domain | founded_year | HQ Location |
SaaS-driven BIM and 3D modeling solutions are offered for construction.
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BIM software is developed for architects, designers, and planners.
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| domain | founded_year | HQ Location |
Architecture and interior design software with manufacturing integration is provided.
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Cloud-based design software for infrastructure construction is provided.
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| domain | founded_year | HQ Location |
SaaS-based BIM and 3D modelling solutions for construction professionals
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Airworks
Frequently Asked Questions about AirWorks
When was AirWorks founded?
AirWorks was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is AirWorks located?
AirWorks is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Who is the current CEO of AirWorks?
David Morczinek is the current CEO of AirWorks. They have also founded this company.
Is AirWorks a funded 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 $100K, raised on May 23, 2018.
How many employees does AirWorks have?
As of Dec 31, 2023, the latest employee count at AirWorks is 22.
What does AirWorks do?
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.
Who are the top competitors of AirWorks?
AirWorks's top competitors include Autodesk, Dassault Systems and Graphisoft.
What products or services does AirWorks offer?
AirWorks offers Geospatial Intelligence Solution and Consultation Services.
Who are AirWorks's investors?
AirWorks has 15 investors. Key investors include Capital Innovators, PSG Equity, GroundBreak Ventures, MetaProp, and Innospark.
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