Cintoo Secures €37 Million in Series B Funding Round Led by Partech

Cintoo, the provider of cloud-based Reality Data management and collaboration solutions, has successfully closed a €37 million Series B funding round. The round was led by Partech, a global tech investment firm, with existing investors Amavi Capital and Armilar Venture Partners also joining the round. With the fresh funding, Cintoo will enhance its SaaS platform by expanding its portfolio of integrations and will double down on investments to provide cutting-edge applications for the construction and industrial sectors. This includes building on its brand-new industrial metaverse experience and automatic asset tagging capabilities. These efforts will foster its international growth in the US and Europe.

Founded in 2013, Cintoo specializes in transforming large 3D laser scan data into high-resolution 3D meshes that are 10 to 20 times smaller without sacrificing accuracy. Its SaaS platform enables organizations using terrestrial, mobile, or drone scanners to efficiently manage, share, and collaborate on their Reality Capture data. Cintoo’s ability to reduce the size of scanned data without compromising resolution enables faster uploads and reduces storage needs. This has made it a trusted solution for leading companies in the architecture, engineering, construction, automotive, and energy sectors.

It is already being used by more than 500 companies in more than 40 countries. The Cintoo Platform supports a wide range of data formats and sources, making it an essential tool for industries that rely on accurate and efficient 3D data management. Accessible from any browser and hosted on Microsoft Azure and Amazon Web Services, the Cintoo Platform ensures high levels of security for enterprise customers with SOC 2 Type 2 compliance and ISO 27100 certification.