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Polycam Analysis: $18M Raised

What is Polycam?

Polycam specializes in reality capture through its LiDAR scanner and photogrammetry platform. Their technology allows users to create detailed 3D captures across various devices, making it accessible for professionals in multiple fields. This capability transforms how users document, measure, and design in 3D, enhancing project efficiency and collaboration.
Employees
11-50
Founded
2021
Industry
SaaS, Ar Vr, Data Analytics
Free Plan Availability
Yes
Is Development Tool
Yes
Latest Funding Amount
$18,000,000
Latest Funding Round Size
$18.0M
Selfserve Signup
Yes

Product Features & Capabilities

  • LiDAR scanning for detailed 3D captures
  • Photogrammetry platform for object modeling
  • 2D floor plan generation for spaces
  • Drone mapping for expansive 3D models
  • Collaborative tools for team-based projects.

How much Polycam raised

Series A - $18.0M

Recent

Other Considerations

Trusted by companies globally; Offers tools for various industries; Provides free tools for 3D model generation and viewing.

Reported Clients

  1. Jacobs - Collaborated on enhancing stream restoration using 3D precision technology.
  2. Homelink - Worked together to reduce rework on solar battery installations.
  3. SegTax - Utilized Polycam to cut cost segregation reporting time by 80%.
  4. JNR Architecture - Achieved savings of over 80 hours per project through the use of Polycam.
  5. Universal Rocks - Reduced the time for scanning rock replicas by 95% with Polycam's technology.
  6. 4M Construction - Transformed their remodeling workflow using Polycam.

Homepage Pricing

Polycam offers a transparent pricing structure with several options. They provide a **Free Plan** at $0/month, which includes 10 object captures and unlimited spatial captures. The **Pro Plan** costs $17/month when billed annually or $27/month when billed monthly, offering unlimited object mode captures and advanced export formats. The **Business Plan** is priced at $400/year per seat, including team features and advanced tools. For larger organizations, there is an **Enterprise Plan** with custom pricing. Additionally, they offer a **50% education discount** for eligible students and educators. The pricing page emphasizes transparency and includes a **7-day free trial** for the Pro and Business plans.

Gtm Strategy

Polycam employs a product-led growth (PLG) strategy, as evidenced by their website's design and content. The homepage prominently features a "Get started free" option, emphasizing self-service access to their LiDAR scanning and photogrammetry platform. This approach minimizes friction for new users, allowing them to engage with the product directly without needing to contact sales initially.

The pricing information is not explicitly detailed on the website, suggesting a focus on encouraging users to explore the product first. However, the absence of a clear pricing structure may indicate that they are still developing this aspect or prefer to engage users through direct interaction after initial usage. The messaging throughout the site is user-centric, appealing to individual professionals in fields like architecture and engineering, which aligns with a bottom-up adoption model.

Customer stories highlight the product's use among various professionals, suggesting a viral adoption pattern rather than a strictly enterprise-focused sales cycle. Additionally, the presence of educational resources, such as tutorials and documentation, supports the PLG model by enabling users to learn and derive value from the product independently.

Overall, Polycam's strategy reflects a strong emphasis on rapid user adoption and virality, optimizing for individual users to experience the product's value before potentially transitioning to larger contracts or enterprise solutions.

Tech Stack 1

Polycam utilizes a variety of technologies and tools across different roles, primarily in engineering. The Senior Computer Vision Engineer position mentions programming languages such as C++, Python, JavaScript, TypeScript, and Swift. It also highlights the use of the PyTorch machine learning framework, with a focus on concepts in computer vision like 3D reconstruction, depth estimation, and mesh reconstruction. The role emphasizes strong mathematical foundations, particularly in geometry and linear algebra.

While the General Inquiry position did not specify technologies, it reinforced Polycam's mission to democratize 3D capture technologies. Overall, the technology ecosystem at Polycam is heavily centered around advanced programming and machine learning frameworks, particularly in roles related to computer vision and 3D technology.

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