The Story Behind Faramoon - Our Start-Up Journey.
Founded in 2016, the Faramoon software converts point cloud data into Building Information Model (BIM) – a process that is now known by many as the Scan-to-BIM – in one click.
Faramoon has received significant seed funding from Skalata Ventures in April 2020, as it grows its Software-as-a-Service platform helping Architecture, Engineering, and Construction (AEC) businesses increase their productivity by automating the 3D model generation process.
The team behind Faramoon
Clockwise from top left: Mohsen, Amul, Achini, Steven.
The starting point
Faramoon is a University of Melbourne start-up founded in 2016 by Mohsen Kalantari a faculty member of Melbourne School of Engineering and Steven Chau an alumnus of the School. The team started Faramoon with the support of Translating Research at Melbourne (TRaM), a program created to accelerate commercial insights for researchers at the University of Melbourne. Soon after, they received a startup grant from the City of Melbourne to provide the technology outside of Australia. In 2017, Don Withanage joined Faramoon and in 2019, two other alumni of the School, Achini Peiris and Amul Jani augmented the team to follow the growth in the AEC industry.
The journey so far
The implementation of BIM has gained popularity in recent years as it allows multiple stakeholders to collaborate on one single model at different phases of a building's life cycle, be it an architect, a draftsman, a surveyor, or a general contractor. As demand for BIM implementation grows, so does the need for BIM models creation. It comes as no surprise that the labour-intensive 3D modelling process soon became the Scan-to-BIM workflow's bottleneck.
"Currently, the manual process of converting a 3D Scan into a BIM model takes two to ten days", Amul Jani says. "This delay can cost a company thousands of dollars in one project."
This gap in the market led the Faramoon team four years ago to find a solution that would capture a point cloud data and automatically convert it into a BIM model. After years of research, the team managed to license the technology that automates the Scan-to-BIM workflow – the Point-to-Plan, as the team loves to call it. The team saw automation of this labour-intensive process as a significant opportunity, as it would enable employees to undertake more 3D modelling projects and deliver them faster.
"Today, our software allows AEC companies to make 3D models 100 times faster," says Achini. If you still can’t imagine going from a point cloud data to a BIM model in one click, you can try Faramoon’s groundbreaking software here for free*.
The end goal
“In the next twenty-four months, we should be able to unlock a lot of new possibilities for our customers. I think we are only getting started,” says Mohsen.
With more than 30 companies on the platform from all over the world, Amul and his team aim to deliver complete automation of the Faramoon software in the coming year. The seed funding will also help fuel the continuation of the startup's market expansion.
Amul and his team strive to bring the value of Scan-to-BIM automation to businesses around the world. In five years, Faramoon aspires to expand its services beyond the AEC industry to different verticals such as entertainment and media, medical and healthcare, and industrial manufacturing.
*Faramoon is offering free conversion of your first scan for a limited time