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Cityzenith

Cityzenith

Cityzenith is pioneering the Digital Twin trend in the global real estate sector.

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Deal Type

Equity

Funding Goal

$2,000,000

Current Reservations

$55,000

Minimum Reservation

$10,000

Deal Stage

Seed

Pre-money Valuation

$14,000,000

Open Date

06/01/2018

Closing Date

06/19/2019

Elevator Pitch

Cityzenith is pioneering the Digital Twin trend in global real estate. A Digital Twin is a virtual model of building assets connected to real-time data systems used to aggregate in a single platform.

KPIs

16 Employees
1 Issued Patents

Company Overview

Cityzenith is pioneering the Digital Twin trend in the global real estate sector. The BBC named us a leading Digital Twin practitioner in January, and we will soon be going to market jointly with world #3 property management firm Cushman Wakefield to promote our solution to their global customer base.

A Digital Twin is a virtual model of physical building assets that is used to aggregate siloed, disconnected real-time data and systems in a single platform. Gartner recently reported that global demand for digital twin solutions is growing and that by 2020, 30% of global 2000 companies will be using Digital Twin technology.

Our claim to fame is that we have the most complete and mature Digital Twin solution in the market today for commercial real estate. Smart World Pro, our flagship software product, was originally created by the founders of Google Earth to enable property owners, property managers, and building design professionals to have one, simple, easy-to-use tool to view, manage and optimize with the ever growing data complexity around their properties.

We have had several recent high profile wins, including the largest public transit project in the UK, the East West Rail project, and an entire new capital smart city in India with renowned builder Norman Foster, Amaravati. You can also see how Smart World Pro is helping the development of the $6.5bn smart city in Amaravati here:

Additionally, we will soon announce a global licensing deal with one of the top 3 property management firms in the world, Cushman Wakefield. The deal will include an initial $500,000 fee for 3 projects that will parley into a $2 million enterprise deal on success.

Traction

  • Cityzenith Named a Leading Digital Twin Practitioner by the BBC

    January, 2019
  • Smart World Pro selected by Andhra Pradesh as 3D City Information Model for development of new $6.5 billion world-class smart city Amaravati

    December, 2018
  • Cityzenith joins Stanford University's Digital Cities Initiative

    July, 2018

Pitch Deck

Press Mentions

Key Customers & Partners

Foster + Partners Cushman & Wakefield WS Atkins Rudin Management Amaravati Smart City East West Rail Alliance Prologis

Testimonials

Jerome Jemmotte
Jerome Jemmotte
Rail Solutions CAD/BIM Development Lead
"The EWR2 programme's original aspiration was to identify a single software package that would act the 'Single Source of Truth' managing all design data and documents... The software package proposed is "Cityzenith - Smart World"."
Sidharth Ganesh
Sidharth Ganesh
Strategy & Innovation at Amaravati Capital Ci
" I’m keen to make a strong case for Cityzenith as I believe that its technical capabilities are exceptional, and has a business model that is eons better than the competitor that we’ve been exposed to."

Previous Funding

  • $4,000,000 Equity
  • Raise Source: Investors
  • January 2016
  • $1,500,000 Equity
  • Raise Source: Investors
  • December 2017

Frequently Asked Questions

What is a Digital Twin?

A Digital Twin is a virtual model of physical building assets connected to real-time data systems that is used to aggregate disparate systems in a single platform.

How are Digital Twins used?

Digital Twins enable property owners, property managers, and building design professionals to have one, simple, easy-to-use tool to view, manage and optimize with the ever growing data complexity around their properties

Risks & Disclosures

We have no extrordinary legal, product, or regulatory risks as it pertains to the business or the solution we provide.

As a startup, we are subject to the same external risk factors that all young companies face, including potential lack of funding, act of god in global economy, etc.

however, the company has managed to succesfully keep itself funded for several years, and we do not forsee even a major recession as being necessarily detrimental to our business.

Our contracts, in fact, tend to be annualized and multi-year, which gives us more security downstream than other startups would enjoy.

Documents

Confidential

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