TestFit

TestFit

Building prototyping software for real estate

About

TestFit provides a building prototyping solution for the real estate and construction technology market. Its software allows users, such as real estate developers, architects, and urban planners, to quickly create and assess various building configurations by inputting specific parameters. The software uses algorithms to generate optimized structures in seconds, which helps to significantly cut down the time and costs typically associated with traditional building design methods. TestFit differentiates itself from competitors by offering a subscription service that ensures clients have continuous access to updates and improvements, fostering a steady income stream for the company. With over 300 development opportunities underwritten in the last 18 months and a presence in 150 companies across 35 states and 12 countries, TestFit aims to enhance the building design process through its technology.

Company Stage

Series A

Employees

51-200

Industries

Industrial & Manufacturing, Enterprise Software, Real Estate

Total Funding

$21.4M

Headquarters

Dallas, Texas

Founded

2016


Simplify Jobs

Simplify's Take

What believers are saying

  • TestFit's Generative Design launch in July 2024 enhances building optimization with AI.
  • Recognition as 'Overall Construction Tech Solution Of The Year' boosts TestFit's industry credibility.
  • Prologis Ventures' investment highlights growing demand for TestFit's real-time AI solutions.

What critics are saying

  • Emerging competitors like qbiq could challenge TestFit's market share.
  • Continuous software updates may be costly due to rapid generative design evolution.
  • Economic downturns could impact TestFit's subscription-based revenue model.

What makes TestFit unique

  • TestFit's algorithms design building diagrams in milliseconds, offering unmatched speed.
  • The software combines user knowledge with algorithms for instant building configuration.
  • TestFit's subscription model provides continuous updates, ensuring clients access the latest features.

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Growth & Insights
Headcount

6 month growth

24%

1 year growth

41%

2 year growth

-2%

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