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Illoca, a San Ramon, CA-based AI design company, raised $13M in Seed funding led by Bessemer Venture Partners to expand operations and development.

PRIVATEMay 07, 2026•30 days ago

Amount Raised

$13 Million

Round Type

seed

California

Investors

Alt VenturesRoot VenturesAix VenturesBessemer Venture Partners

Description

Illoca, a San Ramon, CA-based company that uses a native AI-powered design engine to support architects, has raised $13 million in Seed funding. The round was led by Bessemer Venture Partners, with participation from AIX Ventures, Root Ventures and Alt Ventures. The company intends to use the funds to expand operations and its development efforts. Founded by Chin-Yi Cheng and Chiaowei Yu, Illoca is a provider of an AI-native design platform.

Company Information

Company

Illoca

Location

California, United States

About

Illoca is a provider of an AI-native design platform built to return creative agency to the architect. Through its Tracing Paper interface, architects generate and refine 2D and 3D design documentation directly from sketches, markups, and natural language without leaving the creative flow. The company uses a native AI-powered design engine to support architects.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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