Tuesday, November 28, 2023

The startup - Arki streamlines how architects search for design assets, saving them time.

The founder(s) - Natalia Bakaeva and Mehdi Karamnejad

The nugget - looking for design partnerships 

The startup

The architecture software market is set to pass $10B in 2028, tripling in size from its 2021 value.

Arki simplifies how architects search for designs and other assets, saving them hours each week.

Industry: PropTech & Architecture
Headquarters: Toronto, Ontario
Year founded: 2023
Employee Count: 2
Funding stage: Pre-seed
Business Model: B2B SaaS
Early Traction: First design partner secured + 4 more pending (here’s a16z’s take on design partners)
Competitors:

• OpenAsset backed by Marlin Equity

• Hive (a CTC Software product)

• Unifi (acquired by Autodesk)

• pirros.com backed by YCombinator, FundersClub, Twenty Two, and Angels including Carl Bass, Joseph Walla, and Ryan Sutton-Gee ($2M raised)

• getavail.com backed by Fulcrum Investing and Forward Venture Capital 

• Panzura backed by CIBC Innovating Banking and Kayne Partners ($150M+ raised)

• Engnyte backed by Springcoast Capital Partners, Google Ventures, Kleiner Perkins, Floodgate Fund, Polaris Partners and Goldman Sachs ($130M+ raised)

The founder(s)

Natalia Bakaeva (Co-Founder). LinkedIn. Email

Mehdi Karamnejad (Co-Founder). LinkedIn. Email

The problem they see: Architects waste time searching for design assets because these assets are stored in unorganized ways. 

How they solve it: Arki builds you a design asset library. What’s unique is that you can search this library using visual search.

The nugget

Design Partnerships. Arki’s looking for design partnerships with North American architectural firms.

Forward this newsletter to architects you know to help Arki.

Happy panning, 
David Riley
Chief Batea, Klondike

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