TestFit Inc.

TestFit Inc. is a technology company specializing in real estate feasibility solutions, providing users with tools to optimize urban planning and development through advanced artificial intelligence and rapid design iteration. Founded in 2016, TestFit Inc. is based in Dallas, US.

The company provides a real estate feasibility platform designed to streamline the urban planning process. The founders, Clifton Harness and Ryan Griege, have a history in technology and entrepreneurship. In July 2022, TestFit raised USD 7 mn in venture funding, marking a pivotal moment in its growth as it continues to expand its offerings. TestFit provides a sophisticated real estate feasibility platform designed to streamline the urban planning process for developers, architects, contractors, and city planners.

The core product leverages real-time artificial intelligence to facilitate rapid iterations on design, cost evaluation, and constructability assessments, allowing users to visualize site plans and conduct feasibility studies significantly faster than traditional methods. The platform includes customizable tools for massing, zoning, environmental analysis, and data-driven decision-making, enabling clients to optimize site potential and assess development opportunities. TestFit serves a diverse client base in North America, including real estate developers, architectural firms, and urban planning agencies, who benefit from its ability to automate tedious manual processes and enhance collaboration during the planning and development phases. TestFit generates revenue primarily through subscription-based access to its platform, which is tailored for various user types, including developers and architects.

Clients typically engage with the company by subscribing to different service tiers that provide access to the full suite of feasibility tools and features. The platform's value proposition is highlighted by its ability to produce quick feasibility studies and visual renderings, allowing users to make informed decisions on development projects rapidly. TestFit has also marketed itself as a competitive advantage for firms, contributing to significant project fee wins in excess of USD 750,000. The emphasis on building trust and facilitating communication between developers and city planners further underscores the company's strategic position in the real estate market.

In July 2022, TestFit Inc. raised USD 7 mn in venture funding, which will be utilized to expand its product offerings and enhance its platform capabilities. The company is focused on launching new features that will further streamline the planning process and aims to enter additional markets within North America by 2024. This growth strategy aligns with TestFit's commitment to improving urban planning efficiency and accessibility for its clients.