Polycam: 3D Creation Company Closes $18 Million In Funding
Summary
Polycam (a leading 3D creation tool for iPhone and Android) has announced an $18 million Series A led by Left Lane Capital and Adjacent with participation by Adobe Ventures and a stellar group of angel investors including Chad Hurley (YouTube), Shaun Maguire (Sequoia), Julien Chaumond (HuggingFace) and Barry McCardel (Hex). Using computer vision and AI, Polycam is building powerful 3D creation and editing tools that enable anyone to make photorealistic 3D assets easily.With nearly 100k paid subscribers, strong revenue growth, and an enthusiastic user base, Polycam solidifies its position as the leader in easy-to-use 3D capture and editing.Polycam was founded three years ago by Chris Heinrich and Elliott Spelman, who spent two years working together at Ubiquity6, a startup ahead of its time working on 3D scanning and AR. We see Polycam as the 3D equivalent of the Kodak Brownie camera an easy way for millions of people to gain access to a magical, new kind of imaging technology.The founders, Chris Heinrich and Elliott Spelman, have the deep domain knowledge and technical nimbleness to position Polycam as the leader within the rapidly evolving 3D creation market. We have developed strong conviction in them as highly adept technical leaders, well-suited to steer a growing team on their product-led growth journey. We are confident that Polycam will continue to push the 3D market forward ahead of its peers, democratizing access for a new generation of 3D creators.