Meta description: Israeli startup Medida raises $4M in Seed funding to expand its AI-driven smartphone measurement technology and targets profitability by early 2026.
Medida, a Tel Aviv and New York-based startup focused on precision measurement technology for the renovation sector, has closed a $4 million Seed round. The funding comes alongside strong early performance in the U.S. market, where the company reports $3 million in annual recurring revenue and plans to reach profitability in Q1 2026. Investors and technology operators monitoring construction-tech and AI sectors will find this raise significant for its speed of market adoption and measurable cost impact.
Who invested in this Seed round?
The $4 million Seed round was led by Angular Ventures. Additional participants included the 97212 fund led by Eyal Bino, Firsthand, and several entrepreneurs with AI sector expertise. The funding will support technology expansion, recruitment, and deeper U.S. market penetration.
The company, founded in July 2024 by Jonathan Gilat and Benzi Ronen, currently employs 12 staff. Notably, a third of the team are recent immigrants, including individuals who relocated to Israel during the war, reflecting a globally sourced talent base.
What does this mean for growth?
Medida entered the U.S. market nine months ago and now operates in 35 states. The company’s annual recurring revenue has reached $3 million within its first year of operations. Executives project profitability in the first quarter of 2026. Achieving profitability this quickly is rare among early-stage, capital-intensive startups, indicating strong product-market fit and operational efficiency.
Funds from this round will accelerate product development beyond the current focus on doors and windows. New modules targeting kitchens, flooring, and bathrooms are planned, enabling a broader service offering to existing and new clients.
How could this affect the renovation industry?
The renovation measurement process in the U.S. is often slow and expensive, with suppliers reportedly spending hundreds of thousands of dollars annually on on-site measurements. Measurement errors can cost an additional $500,000 per year. Medida’s smartphone-based scanning system using AI and computer vision achieves millimeter-level accuracy and removes the need for a technician visit.
The U.S. renovation industry is valued at approximately $2.5 trillion annually. Reducing measurement costs and timelines could provide outsized efficiency gains for suppliers and contractors, giving Medida a strong competitive advantage.
FAQ
- When was Medida founded?
Medida was founded in July 2024. - Where does Medida operate?
The company has offices in Tel Aviv and New York and operates across 35 U.S. states. - What is Medida’s current annual recurring revenue?
As of the latest figures, Medida has reached $3 million in ARR. - When does Medida expect to be profitable?
Management projects profitability in the first quarter of 2026. - What markets does the technology address?
It currently focuses on precise measurement for doors and windows, with expansion planned for kitchens, flooring, and bathrooms.
Key takeaways
Medida’s $4 million Seed round positions it for rapid expansion in a large, underserved market. Strong traction and early revenue growth point toward a viable path to profitability. Founders, investors, and construction-tech players should note the speed at which AI-powered tools can address entrenched inefficiencies.
Disclaimer
This content is for informational purposes only and does not constitute financial advice.