Mach9 Robotics

Mach9 Robotics

Builds integrated hardware and software to make utility infrastructure inspection more accurate and 10x lower cost.

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$12.0m

Valuation: $72.1m

Seed
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-200 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about Mach9 Robotics
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Mach9 is a startup that operates in the geospatial software industry, providing solutions that convert large-scale mobile LiDAR scans into 2D and 3D engineering models. LiDAR, or Light Detection and Ranging, is a remote sensing method that uses light in the form of a pulsed laser to measure distances. Mach9's software is designed to process these scans up to 30 times faster and at half the cost compared to traditional manual methods.

The company's primary clients are surveying, engineering, and construction firms that require accurate and efficient conversion of image and point cloud datasets into actionable maps. These maps are then used for various engineering and construction projects. Mach9's software uses artificial intelligence to automate the process, allowing clients to focus on their core tasks rather than data processing.

Mach9's business model revolves around providing its software as a service. Clients submit their project data, which is then processed by Mach9's software to produce the required 2D or 3D models. The company makes money by charging clients for this service, with the cost likely dependent on the scale and complexity of the data being processed.

In summary, Mach9 is a geospatial software company that uses artificial intelligence to convert large-scale LiDAR scans into actionable maps for use in the surveying, engineering, and construction industries.

Keywords: Geospatial Software, LiDAR, Artificial Intelligence, Data Processing, Surveying, Engineering, Construction, 2D and 3D Models, Cost-Efficient, Time-Efficient.

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