#USA #Tel Aviv #Insight Partners #qbiq AI #Architectural Planning

qbiq AI Reaches New Heights with $16M Funding

In a significant move towards automating architectural processes, qbiq, a pioneering AI company in this field, recently announced the closing of a $16 million Series A funding round. This investment was led by Insight Partners, a global powerhouse in software investments, along with contributions from notable participants like JLL Spark, 10D, Ocean Azul, Random Forest, and M-Fund.

Founded in 2019, qbiq has quickly established itself as a leader in providing solutions for architectural planning, allowing both architects and non-architects to create and visualize spaces with exceptional ease. By simply inputting requirements such as seating capacity and finishes, users can obtain comprehensive design packages that include everything from optimized floor plans and 3D visuals to architectural models and quantity estimates. This innovative approach transforms historically cumbersome design processes into streamlined, efficient solutions that speed up decision-making and reduce transaction times across the board.

Transforming Real Estate Efficiency

The inception of qbiq's technology came in response to a pressing need in the real estate market—operational delays stemming from traditional architectural workflows. The reliance on manual designs created unnecessary bottlenecks and lengthy back-and-forth communications among stakeholders. With qbiq's platform, which uses generative AI, clients can generate architectural layouts in no time, addressing a much-acknowledged pain point in commercial real estate.

Since launching, qbiq's clients have managed to create over 400 million square feet of architectural layouts in mere hours—a task that historically took weeks or even months. The rapid adoption is evidenced by the company's tenfold growth in the customer base and ongoing surges in demand for their services. Leeor Solnik, qbiq's CEO and Co-Founder, emphasized the significance of the latest funding round as a catalyst for accelerating their global expansion efforts and heralding a new era in architectural design.

Insight Partners' Role in qbiq's Journey

The leadership team at Insight Partners, represented by Liad Agmon, recognizes the transformative potential of qbiq's offerings. Agmon recalls his experiences running a global office and the challenges associated with evaluating spaces for optimal usage. The promise of qbiq's solutions, which promise to cut through the complexity of architectural planning and save valuable time and resources, positions the company as a pivotal force in shaping future industry standards.

A Closer Look at Qbiq's Offerings

qbiq's cutting-edge AI technology is designed to appeal to a broad audience, including real estate brokers, property managers, architects, and tenants. With its ability to produce rapid design outputs such as high-resolution rendered images and detailed architectural programs, qbiq enables users to visualize potential spaces with unprecedented speed.

Notably, established clients such as Brookfield Properties, Skanska, and IWG have lauded qbiq's platform for its ability to optimize workflows, thus enhancing ROI by reducing downtime spent in lengthy negotiation phases.

As qbiq looks toward the future, their goal is to make architectural planning universally accessible—whether you're a seasoned architect or a property manager without design training. The automated solutions provided by qbiq are set to redefine design practices, ensuring that clients can make informed decisions swiftly and confidently.

Conclusion: A New Era for Design

With a mission to standardize automated architectural capabilities within commercial real estate, qbiq stands on the brink of a significant transformation within the industry. As they continue to expand their influence and refine their technology, companies looking to expedite their architectural processes are expected to rely increasingly on qbiq's innovative solutions. The recent funding round marks not only a financial milestone for qbiq but also an exciting point of opportunity for the future of architectural design, promising efficiency, accessibility, and a revolutionary shift in how spaces are conceptualized and executed.

For additional details, info, and updates, visit qbiq.ai.