Building Ventures

Building Ventures is a venture capital firm founded in 2017, headquartered in Boston, Massachusetts, with an additional office in San Francisco. The firm specializes in providing funding and mentorship to early-stage startups within the built environment sector, focusing on innovative solutions that contribute to a more sustainable and efficient world. The team at Building Ventures comprises experienced investors, entrepreneurs, and industry veterans who are dedicated to fostering disruptive ideas that enhance the built environment. As a Registered Investment Adviser, the firm actively seeks to invest in companies that are positioned to drive significant change and improvement within this sector.

Travis Connors

Co-Founder & General Partner

Jesse Devitte

Co-Founder & General Partner

Allen Preger

Partner

Matt Rightmire

Venture Partner

Gregg Wallace

Partner

Heather Widman

Partner

34 past transactions

Join

Series A in 2022
Join, Inc. operates a preconstruction intelligence platform designed to enhance decision-making processes in the construction industry. Founded in 2017 and based in San Francisco, California, the company serves a diverse clientele, including contractors, designers, owners, and suppliers. The platform optimizes product and material selection tailored to the unique characteristics of each project, providing clarity that facilitates collaboration among stakeholders. It offers real-time insights into cost trends, visualizes estimated budgets, and helps manage risks and opportunities. By empowering contractors and architects with deep material expertise, Join enhances whole-building performance and promotes efficient workflows, enabling faster and more informed decision-making throughout the preconstruction phase.

Extracker, Inc.

Series A in 2022
Extracker, Inc. develops construction software, change order, and extra work authorization software. The change order software is used to track orders, download files and supporting documents, maintain up-to-date insight into financial exposure, export change order logs, and run analysis. It provides its software to general and subcontractors. The company was founded in 2018 and is based in San Francisco, California.

CANOA

Seed Round in 2022
CANOA is a company focused on decarbonizing the built environment by providing tools that significantly reduce the transaction costs associated with retrofitting and adaptive reuse of existing buildings. Through its innovative solutions, CANOA aims to facilitate more efficient and sustainable construction practices, promoting the transformation of older structures to meet modern environmental standards. By streamlining the retrofit process, the company contributes to environmental sustainability and supports the transition towards greener building practices.

Built Robotics

Series C in 2022
Built Robotics Inc. develops automation technology solutions for the construction industry. It develops AI guidance systems to transform heavy equipment into autonomous robots, which combines various sensors, such as GPS, cameras, and Lidar with advanced software. The company’s guidance systems are deployed on earthmoving equipment, and used to build critical infrastructure, such as wind farms, oil and gas pipelines, mining, and new housing developments. Built Robotics Inc. was founded in 2016 and is headquartered in San Francisco, California.

Mosaic

Series B in 2021
Mosaic Building Group, Inc. is a technology-focused construction company based in Phoenix, Arizona, with additional offices in San Francisco, California. Founded in 2015, the company provides a range of construction services to homebuilders, including general contracting, framing, plumbing, electrical, drywall, and site work. Mosaic specializes in single-family, multi-family, custom homebuilding, and build-to-rent projects. With a commitment to enhancing efficiency in the construction process, Mosaic employs advanced technologies and programming to automate various tasks, resulting in faster and more streamlined homebuilding. The company's mission centers on creating communities that foster a sense of connection and belonging, aiming to make beautiful living environments accessible to a broader audience.

Measurabl

Series C in 2021
Measurabl, Inc. develops a cloud-based software that collects data, creates investment-grade sustainability reports, and alerts clients to improvement opportunities. The company offers Measurabl, a software solution for helping companies to collect, report, and act upon non-financial data. Its solution enables clients to collect utility, waste, and travel data; create, export, and e-File investment-grade reports on demand; and benchmark performance and spot opportunities to improve. The company was founded in 2013 and is based in San Diego, California.

Dandelion Energy

Series B in 2021
Dandelion Energy offers affordable geothermal heating and cooling installations. Dandelion Energy's home geothermal system replaces your home’s existing air conditioning and heating equipment with a powerful heat pump and safe, underground pipes that move heat between the earth and home. Kathleen Hannun and Rajeez Quazi founded it in 2017, with its headquarters in Palo Alto in California.

initiafy

Series A in 2021
Initiafy is a contractor management software platform that specializes in onboarding for contractors, temporary employees, seasonal workers, and visitors across Africa, the Middle East, and North America. Established in 2012 and headquartered in Dublin, Ireland, with an additional office in New York, Initiafy enables users to design a customized onboarding process. This includes online registration, document and photo uploads for induction training, and the management of employee and contractor registrations. The platform also facilitates the monitoring of staff movements across various sites and allows for direct communication with workers or their labor suppliers. Formerly known as Induction Manager Limited, Initiafy focuses on enhancing safety and efficiency in contractor management.

CANOA

Seed Round in 2021
CANOA is a company focused on decarbonizing the built environment by providing tools that significantly reduce the transaction costs associated with retrofitting and adaptive reuse of existing buildings. Through its innovative solutions, CANOA aims to facilitate more efficient and sustainable construction practices, promoting the transformation of older structures to meet modern environmental standards. By streamlining the retrofit process, the company contributes to environmental sustainability and supports the transition towards greener building practices.

Smartvid io

Venture Round in 2020
Smartvid.io enables the AEC industry to significantly reduce jobsite risk by combining the best of human and artificial intelligence. Smartvid.io's Safety Suite includes Safety Observations, Safety Monitoring and Predictive Analytics products that combine to give project teams and management the ability to predict and prevent incidents - saving lives and preserving timely project delivery. Getting started is easy with pre-built integrations to Autodesk BIM360, Procore, Oracle Aconex, SharePoint, Egnyte, Box, and other data sources. See it in action at www.smartvid.io.

Envoy Technologies

Series A in 2020
Envoy Technologies Inc. provides electric vehicle-sharing services. It offers luxury, city, and two wheeler vehicles for multifamily, workplaces, and hotels. The company also provides fleet insurance, customer support, fleet maintenance, on site car wash, charging station installation, on-site staff training, and other services. It offers on-demand vehicles at apartments, student housing, office campuses, co-working spaces, hotels, and municipalities in California and New York. Envoy Technologies Inc. was incorporated in 2016 and is based in Culver City, California.

Hypar

Series B in 2020
Hypar, Inc. owns and operates cloud based Hypar platform. The company offers transform building design and delivery by enabling owners, real estate developers, architects, and engineers through cloud computing. It also offers AEC software developers. The company was founded in 2018 and is headquartered in Culver City, California.

enVerid Systems

Series B in 2020
enVerid has developed a patented air treatment and energy saving system for HVAC (Heating, Ventilation, and Air Conditioning) systems that brings technology originally used for maintaining air quality in submarines and space stations to commercial buildings. enVerid’s differentiated energy saving technology enables businesses to save substantially on heating/cooling energy costs annually, bringing a return on investment to customers quickly.

Join Digital

Series A in 2020
Cloudbus simplifies IT infrastructure by managing public and private cloud data and apps through predictive analytics engine. Cloudbus connects enterprises to their premise and public cloud data, securely, reliably, and elastically through our full-stack, cloud-first infrastructure. With Cloudbus, companies with sensitive data can reduce their IT costs without sacrificing performance, access, or data assurance. Its connectivity service reduces the attack surface of the network, encrypts and scrambles data in flight, and enforces user traffic to remain on the private network.

Built Robotics

Series B in 2019
Built Robotics Inc. develops automation technology solutions for the construction industry. It develops AI guidance systems to transform heavy equipment into autonomous robots, which combines various sensors, such as GPS, cameras, and Lidar with advanced software. The company’s guidance systems are deployed on earthmoving equipment, and used to build critical infrastructure, such as wind farms, oil and gas pipelines, mining, and new housing developments. Built Robotics Inc. was founded in 2016 and is headquartered in San Francisco, California.

75F

Series A in 2019
75F is a U.S.-based building intelligence company making smart building automation affordable and easy to deploy. 75F leverages IoT, Cloud Computing and Machine Learning for data-driven, proactive building intelligence and controls for HVAC, lighting and energy optimization. 75F's mission is to improve occupant productivity through enhanced comfort and indoor air quality – while saving energy and the environment. 75F is currently headquartered in Burnsville, Minnesota.

Join

Seed Round in 2019
Join, Inc. operates a preconstruction intelligence platform designed to enhance decision-making processes in the construction industry. Founded in 2017 and based in San Francisco, California, the company serves a diverse clientele, including contractors, designers, owners, and suppliers. The platform optimizes product and material selection tailored to the unique characteristics of each project, providing clarity that facilitates collaboration among stakeholders. It offers real-time insights into cost trends, visualizes estimated budgets, and helps manage risks and opportunities. By empowering contractors and architects with deep material expertise, Join enhances whole-building performance and promotes efficient workflows, enabling faster and more informed decision-making throughout the preconstruction phase.

Hypar

Series A in 2019
Hypar, Inc. owns and operates cloud based Hypar platform. The company offers transform building design and delivery by enabling owners, real estate developers, architects, and engineers through cloud computing. It also offers AEC software developers. The company was founded in 2018 and is headquartered in Culver City, California.

Smartvid io

Series A in 2019
Smartvid.io enables the AEC industry to significantly reduce jobsite risk by combining the best of human and artificial intelligence. Smartvid.io's Safety Suite includes Safety Observations, Safety Monitoring and Predictive Analytics products that combine to give project teams and management the ability to predict and prevent incidents - saving lives and preserving timely project delivery. Getting started is easy with pre-built integrations to Autodesk BIM360, Procore, Oracle Aconex, SharePoint, Egnyte, Box, and other data sources. See it in action at www.smartvid.io.

Dandelion Energy

Series A in 2019
Dandelion Energy offers affordable geothermal heating and cooling installations. Dandelion Energy's home geothermal system replaces your home’s existing air conditioning and heating equipment with a powerful heat pump and safe, underground pipes that move heat between the earth and home. Kathleen Hannun and Rajeez Quazi founded it in 2017, with its headquarters in Palo Alto in California.

Measurabl

Series B in 2019
Measurabl, Inc. develops a cloud-based software that collects data, creates investment-grade sustainability reports, and alerts clients to improvement opportunities. The company offers Measurabl, a software solution for helping companies to collect, report, and act upon non-financial data. Its solution enables clients to collect utility, waste, and travel data; create, export, and e-File investment-grade reports on demand; and benchmark performance and spot opportunities to improve. The company was founded in 2013 and is based in San Diego, California.

Measurabl

Series A in 2018
Measurabl, Inc. develops a cloud-based software that collects data, creates investment-grade sustainability reports, and alerts clients to improvement opportunities. The company offers Measurabl, a software solution for helping companies to collect, report, and act upon non-financial data. Its solution enables clients to collect utility, waste, and travel data; create, export, and e-File investment-grade reports on demand; and benchmark performance and spot opportunities to improve. The company was founded in 2013 and is based in San Diego, California.

Dandelion Energy

Seed Round in 2018
Dandelion Energy offers affordable geothermal heating and cooling installations. Dandelion Energy's home geothermal system replaces your home’s existing air conditioning and heating equipment with a powerful heat pump and safe, underground pipes that move heat between the earth and home. Kathleen Hannun and Rajeez Quazi founded it in 2017, with its headquarters in Palo Alto in California.

Assemble Systems

Series A in 2018
Assemble Systems is a BIM Model-Data Management software company. Its flagship product Assemble Insight is a cloud based platform allowing AEC firms to leverage BIM data for increased project insight, advanced project collaboration and data-driven decision making. Assemble is used today to manage over 7,500 projects. The Assemble Systems team includes technology experts and experienced architecture, engineering, and construction industry professionals who are addressing BIM interoperability for design, construction and operation.

SpaceClaim

Venture Round in 2018
SpaceClaim Corporation develops and markets 3D direct modeling software solutions that help engineers, CAE analysts, product designers, and manufacturers in the product development process. It offers SpaceClaim Engineer that enables engineers to create concepts and prepare 3D designs for prototyping, analysis, and manufacturing; SpaceClaim Style, an industrial design tool that is used to create, edit, and validate design concepts; SpaceClaim Viewer, which enables its users to open and measure SpaceClaim designs, drawings, and 3D markups; and add-on modules and plug-ins for SpaceClaim software. The company also provides educational licenses for its software solutions to professors, instructors, and educational institutions in North America, as well as training programs for its software. Its products are used for conceptual engineering, CAE/model preparation, industrial design, and manufacturing engineering applications. The company offers its products through a network of resellers in the United States and internationally. SpaceClaim Corporation was founded in 2005 and is headquartered in Concord, Massachusetts with additional offices in France and Japan.

Vico Software

Venture Round in 2018
Vico Software, provides software and services to the building construction industry in Europe, the Middle East, and the Americas. The company offers Vico Office Suite, a construction-oriented 5D BIM environment; Vico Office Client that publishes 3D models from BIM authoring tools, as well as enables the client to integrate and merge multiple models from various BIM sources; and Vico Takeoff Manager that generates the accurate model-and location-based quantity takeoffs derived from 3D models. It also provides Vico Cost Planner, a cost calculation, estimating, and value engineering module; Vico Cost Explorer, which provides constant and online feedback about the status of project budget; Vico Office Online Training Program, an e-learning platform that is designed to guide the client through the Vico Office Platform; and Vico Doc Set Manager that collates and compares drawing set pages with a mouse click. In addition, the company offers project services delivery, service packages, and implementation and consulting services. Its software solutions are used by building owners, general contractors, and construction managers. The company was founded in 2007 and is based in Boulder, Colorado with additional offices in the United States, the United Kingdom, Finland, and Hungary.

SketchUp

Venture Round in 2018
@Last Software is a 3D-design toolmaker and developer of the SketchUp software.

Tinkercad

Seed Round in 2018
Tinkercad is a new and faster way of creating designs for your 3D printer. With the help of the latest web technology you can now use a solid modeling CAD directly in your browser.

Newforma

Venture Round in 2018
Newforma develops and supports project information management (PIM) software tailored for the architecture, engineering, and construction (AEC) sectors. Founded in 2003 and headquartered in Manchester, New Hampshire, the company's mission is to enhance collaboration among firms, streamline project information, and integrate processes for improved project delivery. Newforma's solutions facilitate collaboration among owners, designers, builders, and extended construction teams through mobile, cloud, and desktop applications. The software is utilized to manage information on over 1.4 million projects globally, which helps clients increase productivity, reduce risk exposure, and focus on their core activities, including design and client service.

Blokable

Seed Round in 2017
Blokable, Inc. manufactures pre-fabricated steel frame modular housing units for developers in the United States. Its units are used for residential, retail, and mixed-use projects. Blokable, Inc. was formerly known as Bloakable, Inc. The company was incorporated in 2016 and is based in Seattle, Washington.

Measurabl

Seed Round in 2017
Measurabl, Inc. develops a cloud-based software that collects data, creates investment-grade sustainability reports, and alerts clients to improvement opportunities. The company offers Measurabl, a software solution for helping companies to collect, report, and act upon non-financial data. Its solution enables clients to collect utility, waste, and travel data; create, export, and e-File investment-grade reports on demand; and benchmark performance and spot opportunities to improve. The company was founded in 2013 and is based in San Diego, California.

Dandelion Energy

Seed Round in 2017
Dandelion Energy offers affordable geothermal heating and cooling installations. Dandelion Energy's home geothermal system replaces your home’s existing air conditioning and heating equipment with a powerful heat pump and safe, underground pipes that move heat between the earth and home. Kathleen Hannun and Rajeez Quazi founded it in 2017, with its headquarters in Palo Alto in California.