About Transcend
Transcend is a company based in Princeton (United States) founded in 2019 by Ari Raivetz. It operates as a SaaS (Software-as-a-Service). Transcend has raised $33 million across 3 funding rounds from investors including Autodesk, International Finance Corporation and Idinvest Partners. The company has 12 employees as of December 31, 2022. Transcend offers products and services including Transcend Design Generator (TDG). Transcend operates in a competitive market with competitors including Idrica, Plutocalc and BITControl, among others.
- Headquarter Princeton, United States
- Employees 12 as on 31 Dec, 2022
- Founders Ari Raivetz
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Sectors
Environment
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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 Transcend Software 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
$33 M (USD)
in 3 rounds
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Latest Funding Round
$20 M (USD), Series B
Aug 03, 2023
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Investors
Autodesk
& 12 more
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Employee Count
12
as on Dec 31, 2022
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Products & Services of Transcend
Transcend offers a comprehensive portfolio of products and services, including Transcend Design Generator (TDG). 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.
Generative design software for critical infrastructure projects.
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Software Development Team
25 people
Leadership Team
6 people
Senior Team
5 people
Junior Team
5 people
Human Resources and Administration
4 people
Sales and Marketing
4 people
Process Team
1 people
Reporting Team
1 people
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Funding Insights of Transcend
Transcend has successfully raised a total of $33M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in August 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 3
- Last Round Series B — $20.0M
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First Round
First Round
(01 Aug 2020)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series B - Transcend | Valuation | Autodesk , HG Ventures |
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| May, 2021 | Amount | Series B - Transcend | Valuation | Aspen Capital , HG Ventures | |
| Aug, 2020 | Amount | Series A - Transcend | Valuation | Vespucci Partners , IFC |
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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 |
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Investors in Transcend
Transcend has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Autodesk, International Finance Corporation and Idinvest Partners. 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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HG Ventures is focused on investing in sustainable technology companies.
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Founded Year | Domain | Location | |
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PureTerra Ventures is focused on investing in water technology startups.
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Founded Year | Domain | Location | |
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Aspen Capital Group is engaged in growth equity investments.
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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 Transcend
| 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 - Transcend
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Transcend Comparisons
Competitors of Transcend
Transcend 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 Idrica, Plutocalc and BITControl, 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 |
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| domain | founded_year | HQ Location |
Solutions for water plant automation are provided globally.
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| domain | founded_year | HQ Location |
Provides a comprehensive calculator for water treatment and wastewater management.
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| domain | founded_year | HQ Location |
Engineering and software solutions for water and wastewater management systems.
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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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Latest news on Transcend
Frequently Asked Questions about Transcend
When was Transcend founded?
Transcend was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Transcend located?
Transcend is headquartered in Princeton, United States. It is registered at Princeton, New Jersey, United States.
Who is the current CEO of Transcend?
Ari Raivetz is the current CEO of Transcend. They have also founded this company.
Is Transcend a funded company?
Transcend is a funded company, having raised a total of $33M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Aug 01, 2020.
How many employees does Transcend have?
As of Dec 31, 2022, the latest employee count at Transcend is 12.
What does Transcend do?
Transcend is engaged in delivering generative design software tailored for critical infrastructure sectors like water, wastewater, and power. Solutions are provided to asset owners, utilities, engineering firms, and technology providers. The Transcend Design Generator (TDG) platform is utilized to automate complex design workflows, integrating process, mechanical, civil, and electrical design logic. Services include personalized onboarding, technical support, and learning enablement through the Transcend Design Academy. The focus is placed on accelerating design timelines, reducing costs, and enhancing collaboration across stakeholders in infrastructure projects.
Who are the top competitors of Transcend?
Transcend's top competitors include Idrica, Plutocalc and BITControl.
What products or services does Transcend offer?
Transcend offers Transcend Design Generator (TDG).
Who are Transcend's investors?
Transcend has 13 investors. Key investors include Autodesk, International Finance Corporation, Idinvest Partners, CITIC Capital, and HG Ventures.