Revizto has announced a minority investment from global growth equity investor Summit Partners. This secondary investment partnership aims to support Revizto’s team expansion, product development and continued global growth.
Since its launch in 2012, Revizto has been committed to transforming the architecture, engineering, construction and operation (AECO) industry. The company offers an Integrated Collaboration Platform that helps customers seamlessly turn every project into reality. Revizto provides a user-friendly, cloud-based platform designed for architects, engineers, contractors and owners to collaborate in both 3D and 2D environments. The platform is accessible to all project team members, regardless of their technical skills or location – whether in-office, onsite or on any device. By providing a single source of truth for construction collaboration, Revizto empowers project stakeholders to speed up project delivery, reduce rework and cut costs.
Today, Revizto serves over 260,000 users across more than 2,500 customers worldwide, including leading global firms such as AECOM, Jacobs, McCarthy Building Companies, Mortenson, Consigli, John Holland, Lendlease, Arup and Red Sea Global.
Arman Gukasyan, founder and CEO of Revizto, expressed excitement about Summit Partners joining Revizto’s mission to revolutionise collaboration and empower project teams to build better together.
“In Summit, we have found a partner who shares our commitment and excitement for digitising the AECO industry, as well as an alignment with our team’s DNA and people-centric company culture,” said Gukasyan.
“While we didn’t need funding, we are confident that this partnership will help propel Revizto forward, providing perspective and resources that will allow us to accelerate development and market expansion, while maintaining a focus on delivering high-quality user-centric solutions.”
Related stories:
- Revizto rollout reaps rewards for ADCO Constructions
- Revizto unveils game-changing features in latest update
- Revizto scales up collaboration to support NZ’s rail network transformation
This partnership comes at a time of strong momentum, growth and innovation for Revizto. The company’s latest product releases – including the launch of its phone app and built-in clash automation, augmented reality and QR code generation functionality – underscore Revizto’s commitment to delivering leading technological advancements in the AECO sector. These innovations are designed to enhance user experience and project outcomes by enabling real-time collaboration and decision-making.
Revizto was recently honoured with Switzerland’s Best Managed Companies award, recognising its overall business performance and management practices, further validating its dedication to excellence in the industry.
Antony Clavel, managing director of Summit Partners, believes that with the increasing number and complexity of construction and infrastructure projects globally, the AECO industry is ripe for digitalisation.
“With an innovative platform – differentiated by its use of gaming technology, mobile accessibility and user-centric features – Revizto has seen enthusiastic user adoption across 80,000 projects worldwide, driving impressive, profitable growth for the past several years,” said Clavel.
“We truly believe Revizto is becoming the industry standard among the largest and most respected construction and engineering firms around the world, and we are excited to be a part of the company’s future as they continue to deliver solutions needed to push the industry forward.”
.JPG)
