Hines Partners With SWAPP
Hines Partners With SWAPP to Reduce Planning Time by 85% and to Increase Planning Efficiency.
Hines Director Annie Rinker notes: "SWAPP’s platform has been an invaluable tool for Hines as we continue to optimize flexible space design for future Square locations and prepare for substantial growth of The Square portfolio.”
Swapp Raises $7 Million
Swapp Raises $7 Million to Automate Construction Planning with AI. “Swapp’s AI solution is a game-changer in the field of real estate development and construction-planning”
Tsarfati said in a statement.
Swapp Raises $7 Million Seed Round Led by Point72 Ventures and Entrée Capital. The round follows a year of growth for the startup, driven by increasing interest in technologies in the construction industry.
ed by Eitan Tsarfati, Co-founder and CEO, Swapp is an AI-driven planning company that developed a single-platform for real-estate developers and construction companies to create their entire construction planning, from feasibility assessments to detailed construction documents plans and begin work within weeks.
STAMFORD — Point72 Ventures, the venture capital business founded by billionaire hedge fund investor Steven Cohen, announced this week that it was co-leading a $7 million investment in a construction planning technology firm.
"We believe Swapp has the ability to reinvent architecture by automating the entire construction planning process," said Daniel Gwak, partner at Point72 Ventures.
The investment will support Swapp's continued market expansion for its construction-planning platform and expand its AI capabilities.