Swapp
Swapp is a technology company.
Financial History
Swapp has raised $19.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Swapp raised?
Swapp has raised $19.0M in total across 2 funding rounds.
Swapp is a technology company.
Swapp has raised $19.0M across 2 funding rounds.
Swapp has raised $19.0M in total across 2 funding rounds.
Swapp has raised $19.0M in total across 2 funding rounds.
Swapp's investors include At One Ventures, Cyberstarts VC, Earth and beyond ventures, Entrée Capital Ventures, Metaplanet, Scalebridge Capital, SOSV, Unusual Ventures, Akhil Paul, Alexander Gerko, Benny Schnaider, Guy Fighel.
Swapp is an AI-driven architecture technology company that automates architectural documentation, modeling, and design processes for the architecture, engineering, and construction (AEC) industry. It builds a platform integrating advanced AI algorithms with human expertise to analyze project portfolios, generate custom rule sets, and produce detailed Revit-compatible building designs, annotations, and cost estimates, primarily serving architects, real estate developers, and planners in sectors like multifamily and educational buildings.[1][2][3][4] By reducing documentation time by up to 50%, enhancing accuracy, and ensuring firm-specific standards, Swapp solves inefficiencies in repetitive detailing tasks, allowing teams to focus on creative design and accelerate project timelines—it has delivered over 22.7 million sq. ft. of projects with strong growth momentum, including $18.5M in total funding and US market expansion.[2][4]
Swapp was founded in 2019 in Tel Aviv, Israel, by CEO Eitan Tsarfati and Chief Science Officer Adi Shavit, both AEC industry veterans.[1][3] Tsarfati began as an architect before co-founding Homestyler (acquired by Autodesk), where Shavit also contributed expertise in AI and computer vision; both later held senior roles at Autodesk, with Tsarfati leading the home and building platform and Shavit heading algorithms.[3] Frustrated by limitations in existing tools like Revit, they launched Swapp to practically automate construction documentation without rebuilding core software, achieving early traction through AI-powered detail design and partnerships, including a 2021 US office opening in Florida and advisor Amar Hanspal joining in 2022.[2][3]
Swapp rides the AI transformation in AEC, where labor shortages, rising costs, and error-prone manual drafting create demand for automation—its timing aligns with maturing computer vision and LLMs enabling precise, scalable design post-2019 founding.[1][3][4] Market forces like prefabrication growth and digital twins favor Swapp, as it bridges AI with real-world Revit workflows, influencing the ecosystem by reclaiming architect time (e.g., 50% faster projects) and setting standards for hybrid AI tools amid competitors like Higharc or Pelles.ai.[1][3] By outputting editable models, it empowers human oversight, accelerating multifamily/educational builds and contributing to broader ConTech efficiency gains.
Swapp is poised to dominate AI-AEC automation as adoption scales, with US expansion and advisor backing signaling enterprise traction amid $18.5M funding.[2] Trends like LLM advancements and prefab integration will amplify its edge, potentially expanding to full-building lifecycle tools or global markets, evolving its influence from documentation specialist to indispensable platform—watch for deeper Revit ecosystem ties and metric surges beyond 22.7M sq. ft., reinforcing its role in humanizing AI for architecture.[3][4] This positions Swapp as a leader in the office buildout revolution it set out to improve.[1]
Swapp has raised $19.0M across 2 funding rounds. Most recently, it raised $12.0M Series A in May 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2023 | $12.0M Series A | At One Ventures, Cyberstarts VC, Earth and beyond ventures, Entrée Capital Ventures, Metaplanet, Scalebridge Capital, SOSV, Unusual Ventures, Akhil Paul, Alexander Gerko, Benny Schnaider, Guy Fighel, Guy Podjarny, Hubert Thieblot, Will Armitage | |
| Jan 1, 2021 | $7.0M Seed | At One Ventures, Cyberstarts VC, Earth and beyond ventures, Entrée Capital Ventures, Metaplanet, Point72 Ventures, SOSV, Greg Bettinelli, Unusual Ventures, Benny Schnaider, Guy Fighel, Guy Podjarny, Hubert Thieblot |