Transcend: Infrastructure design startup raises $20 million

The startup, founded in 2019, just secured $20 million for its software-as-a-service platform.A software-as-a-service startup set on making critical infrastructure more sustainable and resilient just secured a $20 million Series B.

"Today we spend hundreds of hours and months compiling just a single option. We don't have time to actually compare those options and try to get to a better outcome," cofounder and CEO Ari Raivetz said of infrastructure proposals. A user spends up to 15 minutes inputting specific data about the project, which the platform uses to generate designs. The output is a 3D model of the site, carbon footprint estimates, lists of equipment and materials, cost calculations, and even documents that can be used to pitch the project.

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