Building Ventures

Building Ventures, established in 2017, is a Boston-based venture capital firm with an additional office in San Francisco. The company focuses on investing in early-stage startups that are innovating in the software, TMT, and SaaS sectors, with a mission to support entrepreneurs and disruptive thinkers by providing access to funding, extensive knowledge, and decades of experience.

Travis D. Connors

Co-Founder and General Partner

Allen Preger

Partner

Matthews Rightmire

Venture Partner

Mayra Soto

Senior Associate

Gregg Wallace

Partner

Heather Widman

Partner

Past deals in Construction

Clearstory.build

Series B in 2024
Clearstory’s mission is to help the commercial construction industry get extra work processed and closed faster in order to reduce risk, waste less time, and increase transparency. This is done through the industry’s only Change Order Communication and workflow Platform, which supercharges extremely manual workflows and connects companies outside of their internal financial software to resolve change orders in real-time. Along with a collaborative cloud-based COR log with real-time messaging and PDF mark-ups, Extracker includes digital Time and Material Tags, standardized Change Order Templates, trackable Change Notifications, and more, to organize and streamline the process. The software can be rolled out by Subcontractors across their entire company or General Contractors and Owners can use the software by making Extracker a project requirement for their Subcontractors.

SmartPM

Series A in 2024
SmartPM Technologies, Inc. is an Atlanta-based company that specializes in developing automated scheduling and delay monitoring software for the construction industry. Founded in 2012, SmartPM operates a technology platform that enables project owners to monitor contractor performance and construction project progress in real time. The platform translates complex construction schedule data into clear and concise visuals, allowing stakeholders to understand and proactively address critical project risks. By streamlining data management and analysis, SmartPM's automated analytics platform empowers clients to make informed decisions throughout the lifecycle of their projects.

Parspec

Seed Round in 2024
Parspec is a technology company that employs artificial intelligence to enhance the supply chain for the building and construction industry. Its platform offers valuable information and online workflows aimed at facilitating the selection and sale of construction products. By leveraging AI, Parspec enables the instant creation of submittals, allowing sales agents and distributors to efficiently author and manage product submittals online. This streamlined process reduces complexity and improves overall efficiency in the construction supply chain.

Skillit

Seed Round in 2023
Skillit provides a data-driven recruitment and intelligence platform specifically designed for the construction industry. The company aims to simplify the hiring process for skilled tradespeople and contractors by offering solutions that facilitate recruitment, retention, and evaluation of skilled craft workers. Through its platform, Skillit enables employers to recruit, test, and train workers, ensuring a custom match between skilled professionals and job opportunities. By focusing on the unique needs of the construction sector, Skillit helps contractors effectively hire and retain talent while supporting workers in achieving their professional potential.

Clearstory.build

Venture Round in 2023
Clearstory’s mission is to help the commercial construction industry get extra work processed and closed faster in order to reduce risk, waste less time, and increase transparency. This is done through the industry’s only Change Order Communication and workflow Platform, which supercharges extremely manual workflows and connects companies outside of their internal financial software to resolve change orders in real-time. Along with a collaborative cloud-based COR log with real-time messaging and PDF mark-ups, Extracker includes digital Time and Material Tags, standardized Change Order Templates, trackable Change Notifications, and more, to organize and streamline the process. The software can be rolled out by Subcontractors across their entire company or General Contractors and Owners can use the software by making Extracker a project requirement for their Subcontractors.

UpCodes

Series A in 2023
UpCodes, Inc. operates a platform that assists the construction industry in navigating compliance with building regulations. Founded in 2015 and based in San Francisco, the company provides a comprehensive code compliance platform that consolidates building codes into a single searchable database. This platform features a search engine enhanced by machine learning and data analysis, which simplifies the process of finding relevant codes and regulations. By offering structured research tools, UpCodes enables teams involved in the design, construction, or occupancy of buildings to collaborate effectively and stay updated on compliance requirements. This ultimately helps to avoid project delays and ensures that construction projects adhere to necessary building codes.

Skillit

Seed Round in 2023
Skillit provides a data-driven recruitment and intelligence platform specifically designed for the construction industry. The company aims to simplify the hiring process for skilled tradespeople and contractors by offering solutions that facilitate recruitment, retention, and evaluation of skilled craft workers. Through its platform, Skillit enables employers to recruit, test, and train workers, ensuring a custom match between skilled professionals and job opportunities. By focusing on the unique needs of the construction sector, Skillit helps contractors effectively hire and retain talent while supporting workers in achieving their professional potential.

Skillit

Seed Round in 2022
Skillit provides a data-driven recruitment and intelligence platform specifically designed for the construction industry. The company aims to simplify the hiring process for skilled tradespeople and contractors by offering solutions that facilitate recruitment, retention, and evaluation of skilled craft workers. Through its platform, Skillit enables employers to recruit, test, and train workers, ensuring a custom match between skilled professionals and job opportunities. By focusing on the unique needs of the construction sector, Skillit helps contractors effectively hire and retain talent while supporting workers in achieving their professional potential.

Join

Series A in 2022
Join, Inc. operates a collaborative project delivery platform designed to enhance decision-making in the preconstruction phase of construction projects. Established in 2017 and headquartered in San Francisco, California, the company provides software that offers real-time insights into cost data and visualizes estimated budgets. This platform enables contractors, designers, owners, and suppliers to collaborate effectively throughout the project lifecycle. By facilitating timely and informed decision-making, Join helps its users manage risks and opportunities while tracking workflows efficiently. Trusted by industry leaders such as Clark Construction, DPR Construction, and McCarthy, Join aims to streamline the preconstruction process and drive projects forward.

Clearstory.build

Series A in 2022
Clearstory’s mission is to help the commercial construction industry get extra work processed and closed faster in order to reduce risk, waste less time, and increase transparency. This is done through the industry’s only Change Order Communication and workflow Platform, which supercharges extremely manual workflows and connects companies outside of their internal financial software to resolve change orders in real-time. Along with a collaborative cloud-based COR log with real-time messaging and PDF mark-ups, Extracker includes digital Time and Material Tags, standardized Change Order Templates, trackable Change Notifications, and more, to organize and streamline the process. The software can be rolled out by Subcontractors across their entire company or General Contractors and Owners can use the software by making Extracker a project requirement for their Subcontractors.

Canoa

Seed Round in 2022
Canoa specializes in providing digital tools that streamline the process of retrofitting and adapting existing buildings. Their platform allows designers to create, share, and manage design work seamlessly, facilitating collaboration among stakeholders. By enabling clients to visualize potential transformations of their spaces, Canoa supports brands in implementing low-carbon office solutions at scale. This approach not only reduces transaction costs associated with building modifications but also minimizes environmental impact, promoting sustainable practices in the design and construction industry.

Built Robotics

Series C in 2022
Built Robotics Inc. is a technology company focused on automating the construction industry through the development of AI guidance systems that transform heavy equipment into autonomous robots. Founded in 2016 and headquartered in San Francisco, California, the company integrates various sensors, including GPS, cameras, and Lidar, with advanced software to enable earthmoving equipment to operate autonomously. Built Robotics aims to address the workforce gap in the construction sector, particularly in the $300 billion solar industry, by automating repetitive tasks and facilitating the construction of critical infrastructure such as wind farms, oil and gas pipelines, and new housing developments.

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.

GoContractor

Series A in 2021
GoContractor is a digital onboarding and subcontractor management platform aimed at streamlining the process of getting construction workers on site. The platform enhances the contractor management experience by allowing subcontractors and their employers to manage documentation efficiently, ensuring compliance with necessary qualifications. By digitizing worker records, GoContractor enables easy access and searchability, significantly reducing the time it takes for workers to begin their tasks. This approach not only accelerates the onboarding process, allowing workers to get on site three times faster, but also minimizes compliance risks and enhances safety measures. Ultimately, GoContractor supports increased productivity and profitability within the construction industry.

Canoa

Seed Round in 2021
Canoa specializes in providing digital tools that streamline the process of retrofitting and adapting existing buildings. Their platform allows designers to create, share, and manage design work seamlessly, facilitating collaboration among stakeholders. By enabling clients to visualize potential transformations of their spaces, Canoa supports brands in implementing low-carbon office solutions at scale. This approach not only reduces transaction costs associated with building modifications but also minimizes environmental impact, promoting sustainable practices in the design and construction industry.

Built Robotics

Series B in 2019
Built Robotics Inc. is a technology company focused on automating the construction industry through the development of AI guidance systems that transform heavy equipment into autonomous robots. Founded in 2016 and headquartered in San Francisco, California, the company integrates various sensors, including GPS, cameras, and Lidar, with advanced software to enable earthmoving equipment to operate autonomously. Built Robotics aims to address the workforce gap in the construction sector, particularly in the $300 billion solar industry, by automating repetitive tasks and facilitating the construction of critical infrastructure such as wind farms, oil and gas pipelines, and new housing developments.

Join

Seed Round in 2019
Join, Inc. operates a collaborative project delivery platform designed to enhance decision-making in the preconstruction phase of construction projects. Established in 2017 and headquartered in San Francisco, California, the company provides software that offers real-time insights into cost data and visualizes estimated budgets. This platform enables contractors, designers, owners, and suppliers to collaborate effectively throughout the project lifecycle. By facilitating timely and informed decision-making, Join helps its users manage risks and opportunities while tracking workflows efficiently. Trusted by industry leaders such as Clark Construction, DPR Construction, and McCarthy, Join aims to streamline the preconstruction process and drive projects forward.

Newforma

Venture Round in 2018
Newforma is a software company that specializes in project information management (PIM) solutions tailored for the architecture, engineering, and construction (AEC) industry. Founded in 2003 and based in Boston, Newforma aims to enhance collaboration among project teams and stakeholders by providing tools that manage emails, facilitate information retrieval, and streamline the sharing of large files and processing of submittals. The company's software is designed to connect firms with their project information and remote team members, ultimately improving project delivery outcomes. Newforma's solutions are currently utilized to manage information across over 1.4 million projects globally, helping clients increase productivity, mitigate risks, and focus more on design and client service.

Vico Software

Venture Round in 2018
Vico Software specializes in providing software and services tailored for the building construction industry across Europe, the Middle East, and the Americas. The company's core product, the Vico Office Suite, features a construction-oriented 5D BIM environment that enhances project management and collaboration. Key components include the Vico Office Client, which facilitates the publishing and integration of 3D models from various BIM sources, and the Vico Takeoff Manager, designed to generate precise quantity takeoffs based on 3D models. Additionally, Vico Software offers the Vico Cost Planner for cost calculation and estimating, the Vico Cost Explorer for real-time budget tracking, and the Vico Doc Set Manager for efficient drawing management. The company also provides an online training program and various consulting and implementation services to support clients. Founded in 2007 and headquartered in Boulder, Colorado, Vico Software serves building owners, general contractors, and construction managers, with additional offices in the United States, the United Kingdom, Finland, and Hungary.

Assemble Systems

Series A in 2017
Assemble Systems, Inc. specializes in developing web-based software solutions for managing building information modeling (BIM) data. Its flagship product, Assemble Insight, is a cloud platform that enables architecture, engineering, and construction (AEC) firms to effectively utilize BIM data for enhanced project insight and collaboration. The platform supports various workflows, such as estimating, construction change management, and budget tracking, allowing users to create a comprehensive inventory of models and synchronize data efficiently. Assemble Systems has successfully managed over 7,500 projects and caters to a diverse clientele, including general contractors, preconstruction estimating teams, and BIM/VDC managers. Founded in 2011 and headquartered in Houston, Texas, Assemble Systems operates as a subsidiary of Autodesk, Inc.

Blokable

Seed Round in 2017
Blokable, Inc. is a Seattle-based company that specializes in manufacturing pre-fabricated steel frame modular housing units for various development projects in the United States, including residential, retail, and mixed-use applications. Established in 2016, Blokable offers a vertically integrated solution that streamlines the housing creation process by combining design, planning, financing, permitting, and manufacturing. Their innovative building system allows for the design and delivery of fully functional modular structures that can be configured and stacked in multiple ways, catering to diverse building needs. This approach significantly reduces the time and costs associated with developing multi-family housing, while also promoting community equity and accessibility. Blokable's focus on efficiency and affordability aims to address the challenges of housing development and contribute to the creation of connected communities.
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