Trezi, an India-based metaverse platform that connects architects, designers, and building construction engineers with product manufacturers has raised $2 million in Series A round funding led by World V and YourNest Venture Capital in participation with Auxano Capital and She Capital.
Trezi is an immersive design communication and collaboration platform for the Architecture, Engineering & Construction (AEC) industry that allows users to leverage the power of immersive tech and the metaverse.
“The company will utilize the funding to accelerate its platform development in the metaverse and accelerate its entry into high-potential new geographies,” the statement said.
Speaking on the funding round, Tithi Tewari, Managing Director, Trezi, said, “As an architect who has spent nearly two decades in the industry, I truly appreciate the value of an intervention like Trezi in the AEC industry. Having started as purely a design communication enhancing product, Trezi’s offerings have expanded based on customer needs. This is what makes it a truly relevant product with a metaverse-based play for our industry. The kind of customers that use Trezi only strengthens this view further. We are excited about the next phase of growth.”
Commenting on the investment in Trezi, Anisha Singh, Managing Partner of She Capital said, “We believe in Trezi’s vision of revolutionizing the way architects, designers, and construction engineers collaborate with product manufacturers through their innovative metaverse-based platform. This investment reflects our commitment to supporting promising and forward-thinking women-led companies in the technology space, and we are excited to see what the future holds for Trezi.”
“The product can immediately demonstrate what the future would look like on a decision taken today with regards to your building at large and interiors of your taste. This is done not just in the form of 2D or 3D images or videos but with an immersive environment where one can virtually walk and take a tour. This is powerful and can emanate many other possibilities in the immediate future. This is just the beginning,” said Shailesh Churiwala, Partner, World V added.
Further talking about the funding, Sunil Goyal, Managing Director, YourNest Venture Capital said, “We are delighted to back Tithi, Gautam, and their team. They have made significant progress in making Trezi a world-class product in the last couple of years. We remain excited to be a part of the high product-led growth that Trezi is about to experience.”
“With Trezi the traditional paper mock-ups with stage-by-stage planning can be replaced with a day 0 immersive experience of the space in the metaverse. Having looked into each of the components of Treziverse we are excited to be a part of this revolution in the AEC industry,” Brijesh Damodaran, Co-Founder, and Chief Investment Officer, of Auxano Capita added.
Its other investors include IAN Fund, Indian Angel Network (IAN), Rockstud Capital, and Stanford Angels and entrepreneurs. The transaction on account of Auxano Capital and She Capital was led by Adhiraj Mehra and Drishti Pahwa Managing Partners, AMDP Advisors.