Mach9 Raises $34 Million in Series A to Expand AI Surveying Tools

Mach9 raised $34 million in Series A financing to expand its AI software for turning infrastructure scans into editable engineering drawings. The round was co-led by First Round Capital and Bessemer Venture Partners, with Prudence and Quiet Capital also participating. Mach9 plans to put the funding toward go-to-market expansion and product work on additional data sources and feature types. Mach9’s AI platform has seen use across more than 2,500 projects nationwide, spanning all 50 states and over 100,000 corridor miles. The financing follows a shift in Mach9’s business focus.

Source: TokenPost