Cityzenith

Digitizing the Global Construction Industry

Company Information

Website:

https://cityzenith.com/

Sector:

Construction

Location:

Chicago, IL

Cityzenith is a digital design platform for the global construction industry.

Built by the team that created Google Earth, this platform uses a concept called “digital twinning,” which enables users to make 3D virtual replicas of buildings, infrastructure, and other physical assets. This helps builders and city planners visualize a building’s deign, and assess factors like maintenance, energy consumption, and public safety.

The use of digital twin technology is already a $3 billion market, and is projected to surpass $48 billion by 2026.

Cityzenith has raised more than $10 million, and its customers include major real estate companies Cushman & Wakefield and CBRE, as well as engineering company W.S. Atkins.

Team Background

Michael Jansen - Chairman & CEO

Michael is an experienced architect and entrepreneur, having founded and led startups in the U.S. and Asia for more than 20 years.

He worked as an architect in India and China, leading the Asia practices of two major U.S.-based international architecture firms.

In 2004, he founded a building information modeling services company backed by Sequoia Capital, which grew to more than 500 employees in 4 years.

Michael has been featured on CNN, CNBC, and received Building Design and Construction’s “40 Under 40” award. In 2014, he was honored as a World Cities Summit Young Leader in Singapore for his contribution to improving sustainability and quality of life in cities.

He was a Fullbright scholar studying architecture at the University of Cambridge and Yale.

Jon Feutz - Chief Technology Officer

For the past 20 years, Jon has worked as a systems engineer and backend software developer, specializing in data collection.

He worked at U.S. Bank for 18 years, serving as a cloud systems architect and systems engineer. In addition, he served in the U.S. Air Force as a computer analyst.

He studied at Kansas City Kansas Community College and received Technical Training while in the military.

Co-Investors

DreamIt Ventures

Top-ranked incubator based in NYC. Portfolio companies include SeatGeek, 1 Doc Way, and LevelUp.

Raising
$5 million
Committed
$792K (16%)
Current Valuation
$36.40 million
Min. Investment
$250
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $6 million
    2012-09-01
    Symvan Capital
    (Seed)
Notable Investors
  • DreamIt Ventures
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