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Cityzenith
Data visualization platform software and applications for iot and smart cities
About Cityzenith
Cityzenith is a pioneering company in the Digital Twin technology market, focusing on transforming urban buildings into efficient, green assets. The company operates in the smart city and green building sectors, primarily serving commercial building owners, utilities, and infrastructure operators. Cityzenith's core product is a Digital Twin platform that creates virtual replicas of physical buildings, enabling significant efficiency gains and cost savings. The business model involves partnering with cities to validate their technology and then selling it to commercial clients. Revenue is generated through a subscription model, charging $0.10 per square foot, which can unlock $3 to $5 per square foot in savings over 3 to 5 years. The company is positioned as a potential unicorn in a massive market, regularly mentioned alongside industry giants like Siemens, Dassault, Bentley, and Microsoft. The Digital Twin market was valued at $3.1 billion in 2020 and is expected to grow at a rate of 58% annually, reaching $48.2 billion by 2026. Cityzenith's innovative go-to-market strategy leverages the network effect to scale quickly, aiming to address the urgent need for green retrofits in urban buildings, which are the largest polluters in cities. The company is already working with cities like New York, Phoenix, and Las Vegas, with others like Dallas, Chicago, and Pittsburgh in the pipeline. Join over 6,000 investors around the world in investing in a carbon-free future for our cities.
Source: Dealroom company dataAt a glance
- Founded
- 2009
- Headquarters
- Chicago, United States
- Sector
- Other B2B Software
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Mumbai Angels
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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