Ten-Eleven

Name

Ten-Eleven

Legal name

(주) 텐일레븐

Website

https://1011.co.kr

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Construction Technology Software

NAICS

Architectural Services (54131)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Smart Building Software Platforms (IWMS/CAFM Integration, Digital Twin, Command Center) (BPABAGAG)

akta.pro secondary industries

AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs) (HDAEANAJ), XR/AR/VR/MR Development Frameworks & Toolchains (MPAFAFAF)

Keywords

• AI architectural design
• Modular construction
• Interior design software
• 3D visualization platform
• Construction technology

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. BUILDIT Platform (SaaS): Cloud-based AI architectural design platform delivered via web browser. Revenue likely generated through subscription or usage-based licensing for the BUILDIT platform, including CAD drawing reports, daylight analysis, construction cost estimates, and 3D visualization outputs.
2. HOME VR Software Licensing: Interior design VR tool with subscription-based access to the real-time rendering platform and VR mode. Potential for transaction fees via internet shopping mall integration for interior products.
3. BUILDIT-M Modular Construction: Modular housing projects using factory-fabricated standard modules. Revenue generated through project-based modular construction contracts for residential buildings.
4. Professional Services & Consulting: Consulting services for view optimization, layout arrangement, and building design guidance are offered as paid engagements alongside the software platform.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Ten-Eleven develops AI-powered software and services for the construction industry, centered on the BUILDIT cloud-based platform that automates architectural design by optimizing floor area ratio, unit count, and daylighting within 30 minutes for 2,000-unit-scale buildings. The company also delivers BUILDIT-M modular construction projects using factory-fabricated standard modules and HOME VR, a real-time 3D interior design tool with VR mode powered by Unreal Engine.

Product overview

Ten-Eleven (텐일레븐) is a Construction Tech company that develops and integrates IT and construction technology to innovate all processes in the construction industry. The product portfolio centers on three main pillars: BUILDIT (AI-powered automatic architectural design platform including the BUILDIT DESIGNER editing tool and cadastral map download service), BUILDIT-M (eco-friendly modular construction using prefab technology), and HOME VR (real-time 3D interior design tool with VR capability powered by Unreal Engine). The company also operates a Future Technology Research Lab developing spatial information visualization and environmental simulation technologies.

Differentiator

Problem solved

Functional benefit

Brands

• BUILDIT: AI-powered architectural design solution that maximizes floor area ratio, number of units, and sunlight exposure while satisfying regulations. Provides CAD drawings, sunlight analysis, cost estimates, and 3D visualization.
• BUILDIT-M
• HOME VR
• 미래기술 연구소 (Future Technology Research Lab)
• BUILDIT Designer
• BUILDIT 지적도 다운로드

Products and services

• BUILDIT

Quantifiable outcome

• 2,000-unit scale residential building plans processed in under 30 minutes
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature6 records

Partnerships

13 partnerships are on record, tiered minor and core.

• Ajou Steel (아주스틸)minorStrategic or Co-development Partner · 1 October 2022Ajou Steel signed an MOU with Ten-Eleven in October 2022 for collaboration in the modular construction or steel structure domain. Ajou Steel provides steel construction materials and expertise that complement Ten-Eleven's modular building solutions.
• Girim Industrial (기린산업)minorStrategic or Co-development Partner · 1 October 2022Girim Industrial signed an MOU with Ten-Eleven in October 2022, indicating a strategic partnership in the industrial or construction domain, likely related to modular construction materials or manufacturing.
• Trimble (트림블)coreTechnology or Integration · 1 June 2022Trimble signed an MOU with Ten-Eleven in June 2022. Trimble is a global leader in positioning, modeling, and connectivity technologies for construction. The partnership likely focuses on integrating Trimble's surveying, BIM, and construction modeling technologies with Ten-Eleven's AI architectural design platform.
• Hyundai Engineering & Construction (현대건설)coreStrategic or Co-development PartnerHyundai E&C is listed as a key partner in Ten-Eleven's partner ecosystem, indicating a strategic collaboration in the construction technology domain. As one of Korea's largest construction companies, Hyundai E&C brings industry expertise and validation to Ten-Eleven's construction tech solutions.
• HOBANminorStrategic or Co-development PartnerHOBAN is listed as a partner collaborating with Ten-Eleven, likely in the architectural or design domain given HOBAN's presence in the construction and design industry.
• KICT (Korea Institute of Civil Engineering and Building Technology) (한국건설기술연구원)coreStrategic or Co-development PartnerKICT is Korea's premier public research institute for civil engineering and building technology. As a partner, KICT likely collaborates with Ten-Eleven on research and development of construction technologies, including smart construction and BIM applications.
• 국토교통부 (Ministry of Land, Infrastructure and Transport)coreStrategic or Co-development PartnerThe Ministry of Land, Infrastructure and Transport is a key government partner, having designated BUILDIT as an innovation product, commended the company, and selected it as a smart construction strong enterprise. The ministry supports Ten-Eleven's development of construction technology standards and regulatory compliance.
• 과학기술정보통신부 (Ministry of Science and ICT)coreStrategic or Co-development PartnerThe Ministry of Science and ICT is a government partner supporting Ten-Eleven's R&D in IT and construction technology convergence. The ministry provides funding and institutional support through programs like TIPS for innovative technology ventures.
• 중소벤처기업부 (Ministry of SMEs and Startups)coreStrategic or Co-development PartnerThe Ministry of SMEs and Startups supports Ten-Eleven through programs like the National Representative 1000 Innovation Enterprises and talent development SMB initiatives, providing institutional backing for the company's growth.
• Samsung (삼성)coreStrategic or Co-development PartnerSamsung is listed as a partner, indicating a strategic collaboration that may involve technology, display, or device integration for Ten-Eleven's VR and visualization platforms, leveraging Samsung's hardware and ecosystem capabilities.
• SK telecom (SK텔레콤)coreTechnology or IntegrationSK telecom is listed as a partner, likely collaborating on cloud infrastructure, 5G, or AI integration for Ten-Eleven's cloud-based architectural design and VR platforms, given SK telecom's leadership in telecommunications and cloud services.
• HANSSEM (한샘)coreStrategic or Co-development PartnerHANSSEM, a leading Korean interior and kitchen company, is listed as a partner. The collaboration likely focuses on the HOME VR interior design tool, integrating HANSSEM's interior products and furniture catalog into Ten-Eleven's VR design platform.
• ETRI (Electronics and Telecommunications Research Institute) (한국전자통신研究院)coreTechnology or IntegrationETRI is Korea's premier government research institute for electronics and telecommunications. As a partner, ETRI likely provides R&D collaboration on AI, visualization, and digital twin technologies applicable to Ten-Eleven's construction tech products.

Scale indicators4 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• Autodesk: Global leader in architectural design software (AutoCAD, Revit, Forma). Competes indirectly with BUILDIT by integrating AI into established BIM platforms used by Korean architects; Ten-Eleven's regulatory approval and Korea-first focus are its primary differentiators against Autodesk's suite.

Others

• Hyundai Engineering & Construction: Korea's largest construction company and a Ten-Eleven partner. HEC is both a customer channel and a strategic ally for BUILDIT adoption; its in-house digital construction initiatives (e.g., smart construction, BIM) overlap with Ten-Eleven's modular construction and AI design offerings.
• HANSSEM: Leading Korean interior and kitchen company partnering with Ten-Eleven on HOME VR. Overlaps with HOME VR's product catalog and e-commerce integration, and serves as a key distribution channel and content provider for the interior design platform.
• Plan H Ventures: Korean proptech-focused VC that invested in Ten-Eleven. While not a direct competitor, Plan H's portfolio of construction and real estate tech companies provides competitive context and signals the broader Korean proptech ecosystem in which Ten-Eleven operates.
• KICT (Korea Institute of Civil Engineering and Building Technology): Korea's premier public R&D institute for civil engineering and building technology, and a Ten-Eleven partner. KICT overlaps with Ten-Eleven's R&D on smart construction, BIM, and construction standards; its research outputs and standards-setting role shape the regulatory environment in which BUILDIT operates.

Regional players

• HOBAN Construction: Korean construction and design firm listed as a Ten-Eleven partner. HOBAN's residential development focus and design operations create direct overlap with BUILDIT and BUILDIT-M, particularly in the Korean apartment and housing market.

Emerging players

• ARCHITEChTURES: AI-driven generative design platform for residential and multi-family buildings. Direct overlap with BUILDIT on automated floor plan generation, building code compliance, and unit-level optimization, though ARCHITEChTURES focuses primarily on European markets.
• BrickVisual: 3D architectural visualization and rendering firm using Unreal Engine. Comparable to Ten-Eleven's HOME VR product line in real-time, photorealistic interior visualization for the architectural and interior design market.

Direct peers

• Trimble: Global construction-tech leader in positioning, modeling, and connectivity. Trimble signed an MOU with Ten-Eleven in June 2022, making it both a partner and a competitor in construction modeling, BIM, and AI-assisted design. Overlap is closest on surveying-driven architectural design workflows.
• Spacemaker (Autodesk): AI-powered generative design platform for urban and building site planning, acquired by Autodesk. Competes most directly with BUILDIT's AI architectural design and site-optimization capabilities, with similar goals of optimizing unit count, daylight, and regulatory compliance at early design stages.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/teneleven1011

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds6 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ten-Eleven