What is ARCHISTAR?
Founded in 2010 by Dr. Benjamin Coorey, Archistar originated as an educational platform before pivoting into a sophisticated software-as-a-service provider in 2018. The company leverages advanced parametric and generative design principles, integrated with high-fidelity property data, to empower developers and architects. By enabling professionals to rapidly identify, assess, and design profitable development sites, Archistar has effectively bridged the gap between complex architectural theory and practical, commercial property development. Its platform is currently utilized by a global network of universities and top-tier design firms, establishing it as a critical utility for modern urban planning and site optimization.
How much funding has ARCHISTAR raised?
ARCHISTAR has raised a total of $12M across 2 funding rounds:
Series A
$6M
Other Financing Round
$6M
Series A (2020): $6M with participation from AirTree Ventures
Other Financing Round (2021): $6M led by Skip Capital and AirTree Ventures
Key Investors in ARCHISTAR
AirTree Ventures
Airtree is an early-stage venture capital firm that supports Australian and New Zealand founders in building iconic technology companies. The firm has a portfolio of over 125 companies and provides various programs to foster collaboration among emerging founders, operators, and investors.
Skip Capital
Skip Capital is a private investment fund that focuses on investing in technology and infrastructure. The firm is co-founded by experienced professionals with backgrounds in investment banking, technology, and management consulting.
What's next for ARCHISTAR?
Following this major strategic investment, Archistar is well-positioned to scale its enterprise-level operations and enhance its proprietary software suite. The company is expected to focus on deepening its integration with Australian property data partners while potentially exploring international market entry. By prioritizing the automation of site feasibility studies, Archistar aims to reduce the time-to-market for complex development projects, thereby increasing efficiency for its growing client base. As the firm transitions into its next phase of growth, the focus will likely remain on refining its generative algorithms and expanding its footprint within the global AEC software market, ensuring that property professionals remain equipped with the most advanced tools for sustainable and profitable development.
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