Mach9 raises $34M Series A to bring civil engineering into the AI era. Oct 21, 2026, 10:00 ET Most of America's roads, utility poles, and power lines were designed to last 50 years. That was 70 years ago. There has never been more to build and rebuild. SAN FRANCISCO, Oct. 21, 2026 /PRNewswire/ - Mach9, the AI CAD software for civil engineering, today announced a $34 million Series A co-led by First Round Capital and Bessemer Venture Partners, with participation from Prudence and continued participation from Quiet Capital. The new financing brings Mach9's total funding to $49 million. The company will use the capital to expand its AI software for surveying and civil engineering as America faces a growing need to rebuild and maintain aging infrastructure. Much of America's infrastructure was built in a single generation, designed to last 50 years. That was 70 years ago. Today, roads, utility poles and power lines across the country are reaching the end of their intended lives. In response, the Infrastructure Investment and Jobs Act allocated $1.2 trillion to rebuild and repair these critical systems. But before engineers can build what's next, they need an accurate blueprint of what's already there. Creating that initial blueprint is the job of survey teams, and it's one of the first bottlenecks in nearly every infrastructure project. Advances in LiDAR mean teams can scan miles of roadway in a day, but turning those scans into engineering drawings remains manual and can take weeks or months. And there are fewer people to do the work, with resident surveying licenses down 24% between 2011 and 2025. Mach9 is AI CAD software for civil engineering that turns reality capture data into digital blueprints up to 10x faster at one-fifth the cost. Civil engineering and surveying teams upload 3D scans of roads, utilities and construction sites collected with the equipment they already use. Mach9 then automatically drafts physical features like curbs, signs, poles, lane markings and wires with centimeter-level accuracy. Surveyors and engineers review, refine and finalize the drawings using Mach9's editing tools. "We need to rebuild aging roads and utilities while expanding the power, transportation and communications networks people will rely on for decades to come," said Alex Baikovitz, co-founder and CEO of Mach9. "We're expanding the world's capacity to build and maintain the infrastructure that people depend on." Mach9 was founded by Baikovitz, Haowen Shi, Michael Mong and Zach Sussman after meeting at Carnegie Mellon University's Robotics Institute. They previously worked on systems that perceive and navigate the physical world at Tesla, SpaceX, Apple, NASA and Google X. Engineering teams have now used Mach9 across more than 2,500 projects in all 50 states, surveying over 100,000 miles of infrastructure corridors - enough to cross the continental United States roughly 35 times. Its customers include civil engineering firms WSP, HNTB and NV5 and transportation agencies such as Caltrans, Minnesota DOT and the Maryland State Highway Administration. On Interstate 8 in San Diego, Caltrans is using Mach9 to inventory rumble strips and other road-safety features, helping engineers identify gaps and plan improvements. In San Francisco, Kier + Wright is using Mach9 to increase pedestrian safety around schools. In Louisiana, Fibersmith is using Mach9 to help connect 125,000 homes and businesses that lacked high-speed internet. "There are 4.2 million miles of public roads in the U.S. alone, before you count the power lines, fiber networks, railways and other infrastructure we rely on every day," said Bill Trenchard, Partner at First Round Capital. "Mach9 is building the software layer that will turn our physical world into information engineers can understand and act on. It will become a foundational tool for how our country's infrastructure gets built and maintained." "AI is creating the opportunity for a new generation of CAD software. Just as software transformed construction, AI CAD will transform how infrastructure is surveyed, designed, built and operated. Mach9 can become the platform that brings civil engineering into the AI era," said Caty Rea, Vice President at Bessemer Venture Partners. Rea led Bessemer's investment in Mach9 with Brian Feinstein, who previously led the firm's investment in Procore, one of the biggest successes in the architecture, engineering, and construction market over the past decade. "Demand for infrastructure work keeps growing, but experienced engineering and surveying talent is finite," said Rob Ashley, HDLS Technology Director at Pennoni. "Mach9 enables us to do 50% more work with the same experienced team. That means we can take on projects we otherwise wouldn't have the capacity to deliver." About Mach9 Mach9 is the AI CAD platform for civil engineering, built to expand the world's capacity to build and maintain critical infrastructure. Its software turns 3D scans into engineering-ready CAD drawings, helping teams work up to 10x faster and at one-fifth the cost. Mach9 has been used across more than 2,500 projects in all 50 states, surveying over 100,000 miles of infrastructure. Founded by engineers from Carnegie Mellon's Robotics Institute who built systems for the physical world at Tesla, SpaceX, Apple, NASA and Google X, Mach9 is headquartered in San Francisco. Learn more at mach9.ai. SOURCE Mach9

Mach9 has raised a $34 million Series A round co-led by First Round Capital and Bessemer Venture Partners. Prudence and Quiet Capital also took part. The startup began in 2021 as Mach9 Robotics, building hardware for civil engineers' visual inspections. Co-founder Alex Baikovitz found the real bottleneck was turning scan data into usable surveys, so he dropped "Robotics" and pivoted to AI-powered computer-aided design (CAD) software. Nearly 100 customers use the private beta, across more than 2,500 projects. Mach9 says its software makes the work 10 times faster and cuts costs. The software drafts a plan from survey data, which engineers then refine. Mach9 will spend the funds on improving the product, hiring industry experts, and scaling the company.

AI work assistant startup Town secures unicorn status after raising $108M just weeks after launching. Town.com Inc., an artificial intelligence agent startup laser focused on getting work done by collaborating with other AI agents, revealed today that it has raised $108 million in a new funding at a $1 billion valuation. The Series B round was led by Forerunner Ventures and Menlo Ventures, and saw participation from Andreessen Horowitz, Serena Ventures and First Round Capital, bringing Town's total amount raised to date to $160 million, following a $55 million Series A that closed in June. The startup, co-founded by former Plaid Inc. Chief Technology Officer Jean-Denis Greze, has already achieved a revenue run rate in the millions of dollars just weeks after it launched its first assistants, known as "townies," in June, according to a blog post by Menlo partners Shawn Carolan, Amy Wu Martin and Sam Borja. Menlo's partners explained that Greze was previously in charge of engineering at the financial services firm Plaid, while his co-founder Tony Vincent has been involved in two prior startups: Aspen Designs Inc., which was later acquired by Google LLC, and Sold Inc., which was bought by Dropbox Inc. in 2013. It was after joining Dropbox that Vincent met Greze for the first time, beginning a friendship that ultimately led to the founding of Town. Town targets businesses, providing each employee with a Townie that helps with tasks by connecting to tools such as emails and calendars, as well as other core work systems. Employees' Townies can talk to each other and share approved information; they can also now work with customers and others outside the company. In their blog post, Carolan, Martin and Borja wrote that Menlo's entire team began using Town in June and, within a very short time, their Townies became their hardest working team members. "A few weeks after we put the firm on Town, our Slack was full of people posting screenshots of their 'moments of magic,'" the partners wrote. "Townies that had caught commitments people had forgotten, pulled the right context into replies before anyone went looking for it, and held together days that were about to fall apart. More than once, one surfaced a contact or a founder that someone had spent weeks trying to find." Where Townies really stand out is through the extent of the business context they understand. In a blog post announcing today's round, Greze and Vincent explained that Townies don't just know their users, but also familiarize themselves with each of their colleagues. As a result, they know how their CEO writes, who has the strongest relationships with each buyer, what each sales lead cares about most, and all of the processes that go into running the business. Because each of these people also has a Townie, they can work together, leveraging their deep understanding of how the company runs. A crucial benefit for businesses is that Town ensures they own this context, which was previously trapped in the heads of their employees and buried inside their email inboxes. That context had a habit of disappearing whenever someone was too busy, or left the company. Townies ensure that no longer happens, transforming that context into a compounding asset that enables everyone to work faster and smarter. "We believe that this context is a critical asset and should belong to the company that built it," Greze and Vincent wrote. "That's why if you ever leave Town, you can take it with you and use it anywhere." Going forward, the co-founders said they'll use the money from today's round to build more integrations to expand the usefulness of their Townies as they strive to become a permanent fixture in employees' daily lives. 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