Cintoo Raises €37 Million in Series B
Cintoo, a France and Miami-based provider of cloud-based reality data management solutions, has raised €37 million in Series B funding.
The round was led by Partech, with additional support from Amavi Capital and Armilar Venture Partners.
Partech is a global tech investment firm headquartered in Paris, with offices in Berlin, Dakar, Dubai, Nairobi, and San Francisco. Established in San Francisco 40 years ago, Partech collaborates closely with founders, offering capital, operational expertise, and strategic support from the seed to growth stages. The firm manages €2.5 billion in assets across a portfolio of 220 companies in 40 countries.
The company will use the funding to enhance its SaaS platform, expand its offerings for the industrial and construction sectors, and grow its presence in the U.S. and European markets. It will also allow Cintoo to develop further features such as industrial metaverse applications and automated asset tagging.
Founded in 2013, Cintoo converts large 3D laser scans into optimized, high-resolution 3D meshes, reducing storage needs and enabling fast access to complex 3D models. Cintoo’s platform complies with key certifications, including SOC 2 Type 2 and ISO 27001. With over 500 clients across 40 countries, Cintoo’s secure, cloud-hosted SaaS platform (hosted on Microsoft Azure and AWS) aids workflows in Building Information Modeling (BIM) and Industry 4.0. Its technology serves industries like architecture, engineering, and construction, supporting digital twin applications and industrial metaverse projects.
Funding Details
Company: Cintoo SAS
Raised: €37.0M
Round: Series B
Funding Date: November 2024
Lead Investor: Partech
Additional Investors: Amavi Capital, Armilar Venture Partners
Company Website: https://cintoo.com/
Software Category: Reality Data Management