TestFit’s US$20mn in funding to improve customer outcomes

Written by:

Alexine Gordon-Stewart

In a funding round led by Parkway Venture Capital, TestFit has brought its total financing to US$22mn with the latest US$20mn Series A round.

“With TestFit, we see a disruptor driving a paradigm shift in the real estate industry,” says Gregg Hill, co-founder and managing partner at Parkway VC, and TestFit’s newest board member.

“Their approach enables teams to kill bad real estate deals quickly. The AI-powered building configurator provides a unique interaction experience, enabling instantaneous control of feasibility studies and pro forma plans. Companies using TestFit’s software will have a serious competitive edge over companies that don’t.”

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