Companies in Digital Twin
There are 756 companies in Digital Twin which include Matterport, Hexagon, OpenSpace, Aras, Seeq. 340 companies in Digital Twin are funded, with 150 having secured Series A funding. Till date, the sector has seen the creation of 1 Unicorn. United States has the most number of companies in Digital Twin (178), followed by Germany
(82), and then United Kingdom (71).
On average, the last 10 years have seen 48 new companies launched every year. Most number of Digital Twin startups have been founded by alumni from Stanford University, BITS Pilani and IIT Madras.
Here is a List of top companies in Digital Twin
1. Matterport
Provider of cloud and AI-based virtual tour solutions for construction professionals. It offers a mobile application that enables users to 3D scan using the mobile phone camera, as well as create, customize, and publish 3D models. It also offers 3D scanning systems and 3D cameras. It combines data to create one complete 3D model, which can be viewed, modified, annotated and shared using any computer and mobile phone.
Key facts about Matterport
- Founded Year: 2011
- Location: Sunnyvale (United States)
- Stage: Acquired
- Total Funding till date: $163M
- Investors: DCM Ventures, Qualcomm Ventures and 38 Others
- Latest Funding Round: Series D, Jul 24, 2020, $52.4M
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 1 of 530 Competitors
2. Hexagon
A digital conglomerate company providing sensor, software, and autonomous solutions. The company's technology enables the capture and analysis of data from the physical world, making it digitally immersive and applicable across various industries. It provides tech-enabled services in various business sectors like power & energy, safety & security, construction, electronics & manufacturing, surveying, aerospace & defense to businesses & corporate.
Key facts about Hexagon
- Founded Year: 1993
- Location: Stockholm (Sweden)
- Stage: Public
- Investors: LIFT Ecosystem Accelerator, European Union and 3 Others
- Latest Funding Round: Grant (prize money), Feb 26, 2024, $200K
- Tracxn Score: 78/100 What is this?
- Competitors Rank: 2 of 78 Competitors
3. OpenSpace
SaaS-driven site monitoring solution for construction projects. It offers an AI-based technology that enables users to transform construction site videos to a Google street view map, views it in 360 degrees, collaborates across teams, integrates with other systems, and more.
Key facts about OpenSpace
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Series D
- Total Funding till date: $199M
- Investors: Lux Capital, Menlo Ventures and 30 Others
- Latest Funding Round: Series D, Aug 09, 2022, $9M
- Tracxn Score: 70/100 What is this?
- Competitors Rank: 2 of 180 Competitors
4. Aras
Low code platform offering software to build applications and a PLM. The platform enables members to create digital industrial applications with open, low code technology. The software supports collaboration and allows teams across the enterprise to follow the product's digital history and all of its related digital assets. It also offers solutions such as configuration management, change management, visual collaboration, etc.
Key facts about Aras
- Founded Year: 2000
- Location: Andover (United States)
- Stage: Series E
- Total Funding till date: $139M
- Investors: Oak Investment Partners, Goldman Sachs and 13 Others
- Latest Funding Round: Series E, Apr 19, 2021
- Tracxn Score: 68/100 What is this?
- Competitors Rank: 2 of 65 Competitors
5. Seeq
Seeq is an industrial data analytics solutions provider. It offers big data analysis solutions that help analyze and understand industrial process data (IPD) better and faster than standard solutions. The features include reduced time for analysis, easier relationship discovery, ERP and other systems integration, support for business intelligence (BI) software such as Excel, Tableau, SAS, and MATLAB, and collaboration support.
Key facts about Seeq
- Founded Year: 2013
- Location: Seattle (United States)
- Stage: Series D
- Total Funding till date: $198M
- Investors: Altira Group, Cisco Investments and 13 Others
- Latest Funding Round: Series D, Aug 06, 2024, $50M
- Tracxn Score: 68/100 What is this?
- Competitors Rank: 2 of 604 Competitors