Sync Technologies

Digital Twin as a Service for building insurance claims and construction management.

Claims Technology Growth Seed

Overview

Sync Technologies is a claims technology and construction management platform for insurers, building professionals, and construction firms. Founded in October 2020 in Sydney, Australia, the company builds a Digital Twin as a Service (DTaaS) platform that converts physical properties into navigable 3D digital models, enabling remote property assessment and insurance claims processing without on-site visits.

The platform uses drones, Matterport cameras, and laser scanners to capture spatial property data, then applies AI-driven damage detection and defect analysis. Claims scoping, project collaboration, and time-stamped regulatory documentation are delivered through a cloud-based portal accessible to assessors, builders, and insurers. The platform integrates with Guidewire for insurance workflow and Matterport for 3D capture.

The company reports over 5,000 users and 50,000 digital twin views created across its customer base. Sync Technologies raised a USD 250,000 seed round in December 2024 led by Galileo Ventures, with participation from Antler, F5 Collective, Guidewire Software, LVT Capital, Brisbane Angels, and 77 Partners. The company is expanding from its APAC base into the UK and US markets.

Products & Services

Digital Twin as a Service (DTaaS) Platform

A cloud-based platform that creates navigable 3D digital models of buildings using drone footage, Matterport 3D cameras, and laser scanning. Insurers and construction professionals can remotely evaluate, inspect, scope, and collaborate on properties without field visits.

Key Features

Remote site assessment via desktop-accessible 3D property models
AI-driven damage and defect detection with visual documentation
Claims scoping and valuation generation from digital property data
Virtual collaboration tools for assessors, builders, and claimants
Time-stamped, audit-ready documentation for regulatory compliance
Customer-facing dashboard portal for access and reporting

Target Users: Insurance carriers, claims adjusters, construction project managers, building assessors

At a Glance

Founded: 2020
Headquarters: Sydney, New South Wales, Australia
Employees: 11-50
Funding: Seed

Category & Focus

Category: Claims Technology
Subcategories: Digital Twins Remote Property Assessment Claims Scoping Construction Management
Insurance Verticals: P&C Commercial P&C Personal Specialty/E&S
Target Customers: Carriers, Brokers, MGAs/MGUs