Evercam has raised €8 million in Series A funding to help grow its presence in Europe, North America, and Asia-Pacific. The round was led by Richard Hayes, Calista Direct Investors S.A. (EuroBIM) and Eoghan Quigley, alongside a stellar consortium of investors, and follow-on investment from Swisspost Ventures and Elkstone Partners.
The company said the investment will help Evercam meet the demands of the global market and strengthen its support and success teams.
Evercam leverages fixed-position cameras, drones, artificial intelligence, 4D BIM and project management software integrations to make multiple data points easily accessible from a single platform. This offers customers a way to share and collaborate using more data than ever. Evercam has tripled its number of employees in the past two years.
“Construction is a $10 trillion industry, and the appetite for technology-based solutions is increasing,” said Stephen Duffy, chief of staff at Evercam. “Evercam is a powerful visualisation and collaboration platform and our traction to date is a testament to the value that it brings to construction teams. We’re excited to use this investment to further grow our global client base. We’d like to thank our existing investors for their continued support and welcome our new investors to the business.”
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