Acelab Raises $5.3M to Revolutionize Architects' Product Sourcing
Acelab, a New York-based online platform catering to architecture professionals, has raised $5.3 million in funding. The round was led by Pillar VC, PJC, and Draper Associates, with additional support from other investors.
Founded in 2019, Acelab aims to streamline architects' product sourcing process. The platform uses machine learning to suggest relevant building products based on project-specific information. This intelligent search feature connects architects directly with manufacturers, saving time and aiding informed decisions.
Among the investors is Skanska, a global conglomerate that previously backed Acelab before the latest funding round. The $5.3 million injection in August 2023 will further boost Acelab's growth and development.
With this funding, Acelab continues to innovate in the architecture industry. The platform's unique approach to connecting professionals with manufacturers is gaining traction, as evidenced by the support from prominent investors like Skanska.
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