DALLAS, TX, TestFit, the maker of interactive AI-powered real estate feasibility software, today announced $20 million in Series A financing.
The round was led by Parkway Venture Capital, bringing the total company financing to $22 million to date. TestFit will use the funding to expand delivery of better outcomes for their customers, made possible by their integration of property management (PropTech), construction planning (ConTech), and design technologies (DesignTech) into a unified enterprise platform for commodity real estate development.
TestFit's building configurator helps real estate developers, architects, urban planners and more to solve site plans in seconds. Development deals for multifamily, commercial, and industrial building types can be rapidly evaluated with TestFit.
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