Transcend raises $10M to accelerate sustainable design in water & infrastructure engineering
INDIANAPOLIS -May 12, 2021 –
Transcend Software Inc. (“Transcend”), a SaaS provider of generative design and engineering automation tools to the global engineering, construction, technology/OEM, and utility sectors announces the completion of a $10M Equity Investment led by Aspen Capital Group, HG Ventures, and PureTerra Ventures, also with participation from existing investor Vespucci Partners.
Transcend’s SaaS platform, the Transcend Design Generator (“TDG”), is the market’s first fully integrated water treatment design platform, enabling industry participants to design more sustainable water and wastewater facilities in a fraction of the time and cost compared to traditional, manual methods. Designs can easily incorporate new technologies and be assessed for CAPEX, OPEX, land footprint, carbon footprint, and other variables with a level of detail & accuracy that are typically much too time and cost prohibitive for the preliminary engineering phase.
Developed by many of the world’s leading experts in water and wastewater engineering, TDG has been used since 2013 to design over 7,500 treatment facilities to date. Transcend will use the proceeds from the investment to drive continued innovation across the water infrastructure market.