About Snaptrude
Snaptrude is a company based in New York (United States) founded in 2017 by Altaf Ganihar.. Snaptrude has raised $21.49 million across 7 funding rounds from investors including Accel, Brigade Group and Startup Karnataka. Snaptrude offers products and services including Snaptrude Platform, AI Render, and FAR Analysis Tool. Snaptrude operates in a competitive market with competitors including Autodesk, Dassault Systems, Bentley Systems, Graphisoft and Infurnia, among others.
- Headquarter New York, United States
- Founders Altaf Ganihar
- Stage Minicorn
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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
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- Legal Name Snaptrude Technologies Private Limited
- Date of Incorporation 29 Sep, 2015
- Jurisdiction Hubli, Karnataka, India
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Annual Revenue
$1.16 K (USD)-95.07as on Mar 31, 2023
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Net Profit
$-6.64 K (USD)96.7as on Mar 31, 2023
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EBITDA
$-5.5 K (USD)97.25as on Mar 31, 2023
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Total Equity Funding
$21.49 M (USD)
in 7 rounds
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Latest Funding Round
$14 M (USD), Series A
Nov 09, 2023
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Investors
Accel
& 17 more
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Employee Count
Employee Count
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Products & Services of Snaptrude
Snaptrude offers a comprehensive portfolio of products and services, including Snaptrude Platform, AI Render, and FAR Analysis Tool. 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.
Web-based tool for space planning and architectural design.
Generates instant AI-based visualizations for design concepts.
Provides detailed floor area ratio tracking for building designs.
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Funding Insights of Snaptrude
Snaptrude has successfully raised a total of $21.49M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $14 million completed in November 2023. 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 Series A — $14.0M
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First Round
First Round
(31 Mar 2017)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series A - Snaptrude | Valuation | Accel , Foundamental |
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| Jan, 2023 | Amount | Seed - Snaptrude | Valuation | Accel , Foundamental | |
| Jun, 2021 | Amount | Seed - Snaptrude | Valuation | Accel |
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| 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 Snaptrude
Snaptrude has secured backing from 18 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Accel, Brigade Group and Startup Karnataka. 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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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Investments are made in AEC and construction technology globally.
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Founded Year | Domain | Location | |
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Early-stage investments across multiple sectors are conducted by this firm.
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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 Snaptrude
| 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 - Snaptrude
| 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 |
Snaptrude Comparisons
Competitors of Snaptrude
Snaptrude 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, Bentley Systems, Graphisoft and Infurnia, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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| domain | founded_year | HQ Location |
Cloud-based design software for infrastructure construction is provided.
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
AI-based SaaS software for aerial mapping and surveying is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Snaptrude
When was Snaptrude founded?
Snaptrude was founded in 2017.
Where is Snaptrude located?
Snaptrude is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Snaptrude?
Altaf Ganihar is the current CEO of Snaptrude. They have also founded this company.
Is Snaptrude a funded company?
Snaptrude is a funded company, having raised a total of $21.49M across 7 funding rounds to date. The company's 1st funding round was a Seed of $100.5K, raised on Mar 31, 2017.
What is the annual revenue of Snaptrude?
Annual revenue of Snaptrude is $1.16K as on Mar 31, 2023.
What does Snaptrude do?
Snaptrude was founded in 2017 in New York, United States, and operates in the construction technology sector. A SaaS platform is provided, featuring BIM modeling tools, parametric design capabilities, collaboration functions, and 3D rendering options. These solutions are utilized by architects, interior designers, and real estate developers to support design and project workflows in the built environment.
Who are the top competitors of Snaptrude?
Snaptrude's top competitors include Autodesk, Dassault Systems and AirWorks.
What products or services does Snaptrude offer?
Snaptrude offers Snaptrude Platform, AI Render, and FAR Analysis Tool.
Who are Snaptrude's investors?
Snaptrude has 18 investors. Key investors include Accel, Brigade Group, Startup Karnataka, hirfc.com, and Indus Homes.
What is Snaptrude's valuation?
The valuation of Snaptrude is $4.14M as of Jun 2021.
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