Integrated Projects Lands $3M Seed Funding
Integrated Projects, a provider of digitization services for building owners and design professionals, has raised $3 million in seed funding to expand the digitization capacity of its Integrated Projects Exchange (IPX) platform. The funds will be used to increase IPX’s building digitization capacity from six to 60 buildings per day.
The seed round was led by 186 Ventures and joined by Founder Collective, Connexa Capital, and Four Acres Capital, as well as investments from real estate executives and institutional landlords, including JLL, Newmark, Atlantic Management, and The Fallon Company.
IPX helps building owners digitize their assets by using 3D scanning and modeling technology to bring their buildings online. “IPX’s platform is a game changer for real estate asset management,” said investor Michael Fallon, CEO of The Fallon Company. “Its proprietary 3D technology addresses an acute industry need by providing all key stakeholders with real-time access to critical information.”