Revizto acquires investment from Summit Partners
Revizto hat sich eine Minderheitsbeteiligung des Investors Summit Partners gesichert. Das Kapital wird in den Ausbau des Teams, die Produktentwicklung und das internationale Wachstum investiert.
Revizto has secured a minority stake from global investor Summit Partners, based in Boston. According to a statement from the software provider for the construction industry, the fresh capital will be invested in expanding the team of employees, in product development and in the international growth of the company. Revizto offers cloud-based software for architects and civil engineers, in which projects are available in both 3D models and 2D plans and can be processed simultaneously. The company uses an app, virtual reality, construction plans supported by QR codes and other technological advances in the so-called AECO area (Architecture, Engineering, Construction, Operations). In June, the company received the Switzerland’s Best Managed Companies Award for its business ideas and management practices.
“With Summit, we have found a partner that shares our commitment and enthusiasm for the digitalization of the AECO industry and aligns with our team’s DNA and people-oriented corporate culture,” said Arman Gukasyan, founder and CEO of Revizto, in the press release. “We are confident that this partnership will propel Revizto forward by providing us with perspectives and resources that will allow us to accelerate development and market expansion.”
“With its innovative platform, Revizto has achieved enthusiastic user adoption across 80,000 projects worldwide and has achieved impressive, profitable growth,” said Antony Clavel, Managing Director of Summit Partners.