Part3 Closes Successful Seed Round - Paving the way for further innovation
Part3 Co-Founder and CEO, Jack Sadler, shares his thoughts on our recent funding round and how we can use this to further innovation in Architecture and Engineering.
Jul 31, 2023
I am thrilled to announce a significant milestone in our journey - Part3 has successfully closed our Seed round of funding! Corey, Jess and I couldn't be prouder of the support and trust we've garnered from investors who share our vision for transforming the way Design Professionals navigate Construction.
Read the Betakit article for more.
With this new funding, we are empowered to take our mission to the next level, driving innovation and delivering even greater value to our customers - the brilliant architects and engineers who play a pivotal role in shaping the world around us.
Part3’s $2m USD all-equity seed round closed earlier this month and was led by Chicago Ventures with participation from fellow new investors including Toronto-based Graphite Ventures, Levelset founder Scott Wolfe, Rubikloud founder Kerry Liu, and investor and Levelset board member Bart Swanson.
The financing, which also saw follow-on support from Capital Angel Network, brings Part3’s total funding to over $3.4 million CAD, including $625,000 in pre-seed capital from 2022.
Unleashing Potential with Part3: Empowering Architects and Engineers
At Part3, we recognize the crucial role architects and engineers play in designing and constructing the projects that define our landscapes and communities. Our platform is dedicated to enhancing their workflows, unleashing their potential, and facilitating seamless collaboration throughout the project lifecycle.
Why Part3 Matters to Architects and Engineers:
Streamlined Project Management: Part3 offers an intuitive and comprehensive project management system, designed to simplify complex processes and ensure all team members are on the same page. Architects and engineers can now focus on creativity and innovation, confident that they have the tools to stay organized and efficient.
Enhanced Collaboration: Effective communication is the cornerstone of any successful project. Part3 facilitates seamless collaboration between architects and engineers, breaking down silos and enabling cross-disciplinary synergy. By fostering an environment where ideas flow freely, we empower our customers to achieve exceptional outcomes.
Data-Driven Insights: In the age of information, data is king. Part3 equips architects and engineers with powerful analytics and real-time insights. With access to valuable data, they can make informed decisions, optimize processes, and ensure projects are executed with precision and foresight.
Effortless Documentation: Navigating through extensive documentation can be daunting and time-consuming. Part3 simplifies this process, allowing architects and engineers to effortlessly manage documentation, ensuring nothing falls through the cracks and facilitating compliance with industry regulations.
A Future of Innovation and Excellence
With the closing of our Seed round, we are fueled with an unwavering determination to redefine how mega-projects are brought to life. Part3 will continue investing in cutting-edge technologies, harnessing the power of artificial intelligence, machine learning, and automation to revolutionize the construction industry.
As we embark on this journey, we remain committed to serving our customers with unwavering dedication. Our passion lies in empowering architects and engineers to push the boundaries of creativity and construct sustainable, innovative, and iconic structures that shape the future.
A Heartfelt Thank You
I would like to extend my heartfelt gratitude to our team, investors, partners, and, most importantly, our customers - the Architects, Engineers, Contractors, and Owners who inspire us every day. Your unwavering support and belief in Part3's mission have made this milestone possible.
Together, we will forge ahead and create a brighter, more sustainable future for North American construction. Stay tuned for exciting updates and innovative features as we continue to grow and evolve.
Thank you for being a part of the Part3 journey.
Jack Sadler, CEO, Part3
Read the Betakit article for more