Assemble Systems of Boston, an AEC industry innovator has received $12 million in series A financing. The announcement was made at Autodesk University, its annual user conference taking place this week in Las Vegas.
Assemble Systems—The Investment
Assemble System’s new round of funding will help the company further propel and integrate its technology with Autodesk’s BIM 360 platform. Customers and media can learn more about these integrations at the Assemble booth C70.
Key Takeaways
Assemble extracts BIM model information, taking it to the cloud where it can be accessed, utilized, and disseminated to others via the cloud. The company makes key tools for mobile access on Apple iOS for iPhone and iPad, but in general, their solutions are web-based.
On the new series A investor, Autodesk, Assemble Systems’ CEO Don Henrich commented: “As the leader in BIM, Autodesk is in tune with our strategy of using 3D data to improve project quality and connect construction workflows to reuse data throughout the project. We are thrilled to have this partnership so we can work together to drive change in the construction industry.”
“As the fourth Autodesk Forge Fund investment in construction technology startups in the past five months, our investment in Assemble Systems underscores our shared commitment of making the budgeting, estimation, and change management process simpler for construction companies,” said Nicolas Mangon, Autodesk Vice President for AEC Business Strategy and Marketing. “While construction projects are becoming increasingly complex, our relationship will help simplify pain points in the construction lifecycle, and further extend the value of BIM in construction.”
Webcor Builders has long been known for the application of Building Information Modeling to improve construction projects and is a customer of both Assemble and Autodesk. Peter Sosnowski, Director of Preconstruction thinks this integration is a huge opportunity for construction companies. “When you combine the entrepreneurial spirit and deep construction knowledge of the Assemble team with the BIM 360 applications from Autodesk you get the best of both. We look forward to working with this integration and finding ways to improve our processes and our construction services.”
Assemble Systems—The SaaS System and Deliverables
Assemble Systems offers the AEC market a powerful SaaS (software as a service) platform for models, drawings, point clouds and more. It has established itself as a thought-leader in the AEC industry for helping customers with the increased availability of 3D models and point clouds.
Key deliverables from Assembly Systems in 2017 include:
- Assemble Connect for Sage — connects project data in Assemble to your Sage cost database and workflow
- Assemble Mobile — ability to access, condition and organize 3D models and model data on iPads and iPhones
- Assemble Point Cloud — Use and compare the scanned point cloud data for the design and construction data to improve QA/QC
- Assemble Power BI — users can view and run reports on all of their project data in an easy to read Power BI dashboard for dynamic business intelligence (BI).
Assemble is a key tool for the bid phase of the construction process. Assemble can integrate with key partner apps like Procore and iSqFt. With the latter, and integration, general contractors can share a project’s 3D model views with their subcontractors, along with 2D plans and specifications, directly in the iSqFt interface.
About Assemble Systems
Assemble Systems with its headquarters in Boston provides a SaaS platform that consumes BIM models, drawings, and point clouds enabling construction professionals to condition, query, and connect the data to key workflows. These include bid management, estimating, project management, scheduling, site management, and finance. Today, Assemble is used by over 150 companies including one-fourth of the ENR 400 customer list and at over 800 construction offices and sites around the world.
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