Tech Company Financing Transactions
TestFit Funding Round
TestFit, operating out of Dallas, secured $20 million in funding from Parkway Venture Capital.
Transaction Overview
Company Name
Announced On
7/26/2022
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Parkway Venture Capital (Lead Investor) (Gregg Hill)
Proceeds Purpose
TestFit will use the funding to expand delivery of better outcomes for their customers, made possible by their integration of property management (PropTech), construction planning (ConTech), and design technologies (DesignTech) into a unified enterprise platform for commodity real estate development.
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
2919 Commerce St. 122
Dallas, TX 75226
USA
Dallas, TX 75226
USA
Phone
Website
Email Address
Not Recorded
Overview
TestFit develops algorithms. These algorithms design building diagrams in milliseconds. The TestFit software kills real estate deals, generates design options, and optimizes buildings. Our customers are architects, real estate developers, and general contractors all over the world.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 7/26/2022: Neon venture capital transaction
Next: 7/26/2022: Elation Health venture capital transaction
Share this article
About Our Venture Capital Transactions Database
Our team works diligently to record funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs