Summit Partners takes on minority stake in Rivizto

With its headquarters in Lausanne and offices in multiple countries worldwide, Revizto launched its software in 2012 with a vision to transform the AECO industry by providing an unparalleled Integrated Collaboration Platform designed to help customers effortlessly turn every project into reality. Accessible to all project team members, regardless of their technical skills or location —whether in-office, on-site, or on any device, the user-friendly, cloud-based platform enables architects, engineers, contractors and owners to collaborate in a 3D and 2D environment. 

By providing a single source of truth for construction collaboration, Revizto empowers project stakeholders to speed up project delivery, reduce rework, and cut costs. Today, Revizto serves over 260,000 users across more than 2,500 customers worldwide, including leading global firms such as AECOM, Jacobs, McCarthy Building Companies, Mortenson, Consigli, John Holland, Lendlease, Arup, and Red Sea Global. 

In pursuit for further growth, Revizto has attracted Summit Partners as a minority stakeholder in the company, in the form of a secondary investment. This partnership comes at a time of strong momentum, growth and innovation for Revizto. The company’s latest product releases — including the launch of their groundbreaking Phone App and built-in Clash Automation, Augmented Reality (AR), and QR code generation functionality— underscore Revizto’s commitment to deliver leading technological advancements in the AECO sector. These innovations are designed to enhance user experience and project outcomes by enabling real-time collaboration and decision-making. Additionally, Revizto was recently honored with Switzerland’s Best Managed Companies award, recognizing the company’s overall business performance and management practices, further validating its dedication to excellence in the industry.

“…While we didn’t need funding, we are confident that this partnership will help propel Revizto forward, providing perspective and resources that will allow us to accelerate development and market expansion, while maintaining a focus on delivering high-quality user-centric solutions”, said Arman Gukasyan, founder and CEO of Revizto.

“As the number and complexity of construction and infrastructure projects increases globally, we believe the AECO industry is ripe for digitalization. With an innovative platform – differentiated by its use of gaming technology, mobile accessibility and user-centric features – Revizto has seen enthusiastic user adoption across 80,000 projects worldwide, driving impressive, profitable growth for the past several years. We truly believe Revizto is becoming the industry standard among the largest and most respected construction and engineering firms around the world, and we are excited to be a part of the company’s future as they continue to deliver solutions needed to push the industry forward”, Antony Claval, Managing Director at Summit Partners.

‍Founded in 1984, Summit Partners is a global alternative investment firm with capital dedicated to growth equity, fixed income, and public equity opportunities. Summit invests across growth sectors of the economy and has invested in more than 550 companies.