RAPIDA

Company Overview

Snapshot

Founded in February 2019 by Natalia Zaborov and Eli Kovler, RAPIDA is an Israeli startup with 11–50 employees. The company has secured funding across three rounds, with Shapir Civil and Marine Engineering participating in one. In December 2023, RAPIDA expanded its agreement with Mekorot, signaling continued strategic growth and market validation.

Business overview

RAPIDA develops advanced technologies for the inspection and maintenance of civil infrastructure, focusing on improving the resilience and lifespan of critical assets. Its core product, Asset-Space®, is a cloud-based platform that leverages AI-driven machine learning and computer vision algorithms to assess structural health. By integrating data from inspections, sensors, historical records, and industry standards, Asset-Space provides a comprehensive digital inspection process, enabling engineers and inspectors to plan targeted, cost-effective maintenance. The company operates within the Industrial Technologies sector, serving markets such as South Asia, Israel, North America, and Southeast Asia, with a focus on utilities and construction within the Real Estate & Construction and Energy, Utilities & Waste Management industries.

Strategic signal

In December 2023, RAPIDA expanded its agreement with Mekorot, Israel's national water company. This development is a strong signal of continued market validation and strategic growth for RAPIDA, demonstrating the practical application and trusted performance of its digital inspection system for critical infrastructure. For investors, it highlights the company's ability to secure and grow significant commercial partnerships within key target markets.

Company Intelligence Q&A

When was RAPIDA founded?

RAPIDA was founded in February 2019.

Who are the founders of RAPIDA?

Natalia Zaborov and Eli Kovler are the co-founders of RAPIDA.

What is RAPIDA's primary product?

RAPIDA's primary product is Asset-Space®, a cloud-based platform that uses AI-driven machine learning and computer vision for structural health assessment of civil infrastructure.

What significant partnership development occurred in December 2023?

In December 2023, RAPIDA expanded its agreement with Mekorot, Israel's national water company, indicating a strengthening of its strategic commercial relationships.