Shapr3d, the first mobile 3D modeling app for iPad Pro, announced a $6 million series A round from Point Nine Capital and Creandum, two European early-stage VC firms.
To keep up with modern design and 3D printers, Shapr3D developed the first mobile app for 3D computer-aided design (CAD).
Commenting on the need for Shapr3D’s technology, the CEO and founder István Csanády said, “I came up with the idea for Shapr3D because I could see the urgent need for a 3D modeling application that is intuitive and easy to use on the move. I believe that if you are using a tool for 8-10 hours a day, it should fundamentally be better than what is on offer to designers today. We all want consumer-like apps at work, and sub-standard experiences just aren’t acceptable anymore. My generation, in particular, simply won’t tolerate bad software, and the CAD software world hasn’t changed in three decades.”
It seems he was right, since Shapr3d has displayed significant and unique growth, spreading through word of mouth. Since Shapr3D’s launch on the Apple App Store in 2016 it has had over a million downloads. Its vast social media following is unusual for business software: more than 220,000 followers on Instagram and 40,000 on Facebook.
All in all, Shapr3D is currently growing at 10 percent per month, over three times the average annual growth of the CAD modeling market.
Christoph Janz, partner at Point Nine Capital, is a fan of the company and his kids are fans of the app: “One Shapr3D user told me this is the first time software has truly supported his creativity as opposed to standing in the way of it. Even my kids love playing with this app, which really is testament to just how easy it is to use and how much it opens up the market for design. The Shapr3D solution creates a new category of 3D design software and we are really happy to be working with the company, particularly as it is our first investment in Hungary.”
Based in Budapest, Shapr3D will use this investment to open new offices in Europe, create new distribution channels, and grow its team to 100 people. Specifically the company hopes to hire a VP of marketing.