Parafin Teaser 2020-12
Parafin Teaser 2020-12
Parafin Teaser 2020-12
December, 2020
COMPLEX & ARCHAIC
Real Estate Development is time-consuming,
costly, and risky…
Most of the value in a real estate development project is
created before land is even acquired.
But, in order to compete to acquire a new development
opportunity, team members must be pulled from current
projects for weeks or months.
On top of that, architects charge substantial fees for multiple
iterations of designs necessary to understand the feasibility
and viability of a new opportunity.
In the end, if a competing developer wins the project, all that
time and money were for nothing.
$25k $15k
Development Team Architects & Engineers
$40k
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USING PARAFIN
Minutes, not months using cloud
computing power…
Using proprietary Generative Design algorithms
on powerful cloud computers, Parafin generates
millions of possible design configurations for a
site in seconds. Each design is tied to a budget
and investment model, enabling a developer to
instantly identify the best performing building
designs.
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PRODUCT VIDEO
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2-SIDED HOTEL MARKET
$25k $10k +
Annual Each Brand Annual Subscription
+ $10k Setup (based on usage)
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MARKET EXPANSION
Office, Retail,
Industrial, GLOBAL MARKET
Masterplans,
Healthcare, etc
GENERATIVE BUILDING DESIGN
MODULAR
$50B
MULTIFAMILY $1.1B
HOTEL $90M
Design Automation
Human Analysis & Intuition Digital Feasibility Intelligence
Human Design
Real Estate Developer’s Intuition
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FOUNDING TEAM
BRIAN Co-founded HKS LINE computational design studio within top 5 firm
AHMES Co-founded H.ME & raised $1.3M from Hyatt to launch new hotel brands
Co-Founder 7 Design Awards - AIA, World Architecture News and Healthcare Design
HENGELS, PE $5B Atlantic Yards/Barclays Center Development at Forest City (Now BPY)
Co-Founder Director of Real Estate Development at H.ME
https://www.linkedin.com/in/hengels MIT MS Real Estate Development; BS/MS Structural Engineering
https://www.linkedin.com/in/levkrasner/
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TEAM
WALEED PREETHI
ELSHANSHOURY CHITHARANJAN
Computational Designer & Intern: BIM/Architecture
Fullbright Scholar
DINAMICKA PROTOTECH
DEVELOPMENT SOLUTIONS
Front-end Design & BIM-related Software
Development Development
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ADVISORS
AROL WOLFORD STEVE HAGGERTY
Angel Investor/Advisor Advisor
Founder of SmartBIM Managing Partner at Trinity Investments
CIO Building Systems Design
https://www.linkedin.com/in/steve-haggerty-b50a687/
Founder & CEO of CMD (acquired for $300M), Angel & Founding Board of Revit (acquired Deep experience in real estate, hospitality and corporate capital strategy. Previous Global
by ADSK for $133M); Honorary Fellow & first non-architect named to AIA 150 Head of Capital Strategy, Franchising and Select Service for Hyatt.
https://www.linkedin.com/in/heather-harper-b85755/ https://www.linkedin.com/in/steve-weikal-7223a66/
Harper is professor of Law at Chicago-Kent, is active in Chicago's startup community, and A pre-eminent thought leader in commercial real estate tech, Steve is a noted keynote
serves as a mentor at 1871, a hub for digital startups. speaker on how tech is impacting the real estate industry.
At the intersection of parallel computation and the built environment, Matt was a Hospitality architecture expert with projects ranging from boutique hotels, luxury resorts,
computational designer at leading AEC firms prior to starting Parallel.Works urban business hotels, and major mixed-use developments.
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COMPANY ROADMAP
ACCOMPLISHED SEED
Marriott MSA Multifamily Product
Courtyard Launch
10 Brand Pipeline Hotel Expansion
Real Estate Developers Team Hires
5-month Invite-Only Launch Program Full-Stack Developer
Developers love it Generative Design Expert
Sales & Marketing
Press and Awards
$265k $2M
Angel/F&F Funding Projected Seed Round
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ADAM HENGELS BRIAN AHMES
[email protected] [email protected]
Appendix
Using cloud computing and a proprietary generative design technique, PARAFIN quickly
cycles through millions of generated designs, testing configurations and learning from
previous iterations. The process generates options far beyond what a single human designer
could conceive through intuition to arrive at the design that best achieves the goals of the
user.
The worlds greatest real estate developers succeed by maximizing value creation on a piece
of land. For any site, Parafin generates millions of building configurations each tied to a
budget and financial model to solve for optimal value creation and viability of a development
opportunity.
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