Speckle raises £9.6m in Series A funding led by Addition to expand its data platform
Addition led the Series A round with backing from several existing investors.
Speckle provides a centralized data platform for the architecture, engineering, and construction sector to streamline collaboration and project delivery. The business is based in London.
Speckle has secured £9.6m in a Series A funding round led by Addition. The raise saw participation from a group of returning backers, including Foundamental, Frontline Ventures, Matrix Partners, and Foreword, alongside Tristan Handy of dbt Labs.
The business provides a comprehensive data management platform designed to help architects, engineers, and developers overcome siloed software workflows. The fresh capital will be deployed to refine its offering, support upcoming product launches, and expand its platform capabilities.
From the founder
"From what began as a simple Grasshopper plugin for sharing 3D models, Speckle evolved into a transformative company built on top of a powerful open-source community that addresses critical pain points in the AEC industry, Today, our goal is to be a reliable data partner for data connectivity, real-time collaboration and workflow automation."
Dimitrie Stefanescu
Co-founder and CEO at Speckle
Investor perspective
"The AEC sector has long been in need of a solution to streamline data management and enhance collaboration,Speckle’s innovative platform addresses these challenges head-on, offering unparalleled efficiency and seamless data connectivity for its users. We are thrilled to support Dimitrie, Matteo, and the rest of the team on their journey to revolutionize the industry."
Todd Arfman
Addition
Use of funds
- 01Continue product development
