Track3D
Category: Computer Vision
An AI-powered reality intelligence platform that automates construction progress tracking and detects issues early. Track3D was founded in 2022. The company is led by Chaitanya Naredla. Based in Milpitas, California, USA. Team size: 11-50. Total funding raised: $14.3 million. Latest round: Series A, $10.0M, 2025-09, led by Ironspring Ventures. Key investors include Ironspring Ventures, Endiya Partners, Shadow Ventures, Monta Vista Capital.
- Founded
- 2022
- Headquarters
- Milpitas, California, USA
- Team size
- 11-50
- Total funding
- $14.3 million
Value proposition
To increase productivity, improve schedule adherence, and reduce rework costs by providing a unified, data-agnostic platform for real-time, accurate, and cost-efficient progress tracking and deviation analysis.
Products and solutions
Reality Intelligence Platform, ProgressTrack
Unique value
Track3D's platform is unique in its ability to unify data from various sources (drones, 360-degree cameras, laser scanners, and mobile devices) into a single, data-agnostic system. It can operate without dependency on Building Information Modeling (BIM), making it accessible for a wider range of projects.
Target customer
Construction teams, including general contractors and specialty contractors.
Industries served
Construction
Technology advantage
The core technological advantage is the use of AI to analyze visual data from construction sites, providing automated and predictive insights. This translates to significant business advantages, including a claimed 15% productivity boost, 12% improvement in schedule adherence, and a 20% reduction in rework costs.
How they differentiate
Track3D differentiates itself by offering a unified 'Reality Intelligence Platform' that integrates various forms of reality capture data (like photos, videos, and laser scans) into a single source of truth. It uses advanced AI and computer vision to automate construction progress tracking, detect deviations from plans (BIM), and identify potential issues early, aiming to provide more comprehensive and actionable insights than competitors who might focus on single data types like 360° photos.
Main competitors
OpenSpace, Buildots, Trimble
Key partnerships
Hensel Phelps (client), Performance Contracting, Inc. (PCI) (client), Ironspring Ventures (investor), Endiya Partners (investor)
Notable customers
DPR Construction, CSL Construction, Gensler
Major milestones
Secured $10 million in a Series A funding round led by Ironspring Ventures., Launched its unified reality intelligence platform for the construction industry., Established partnerships with major construction firms like DPR Construction.
Growth metrics
Not publicly available.
Market positioning
Track3D is positioned as a high-tech, AI-driven solution for the construction technology (ConTech) market. It targets general contractors and project owners of complex, large-scale projects who require precise, automated, and predictive monitoring to mitigate risks and ensure projects stay on schedule and within budget.
Geographic focus
Primarily North America, with its headquarters in Milpitas, California, and key investors based in the USA.
Patents and IP
Information on patents or IP is not publicly available.
About Chaitanya Naredla
Co-Founder of Ooyala (acquired by Telstra), Co-Founder of Vayyoo (acquired by VEV), and Software Engineer at Google.
Official website: https://track3d.ai