Building Ventures

Building Ventures is a venture capital firm based in Boston, Massachusetts, with an additional office in San Francisco. Founded in 2017, the firm concentrates on early-stage investments in software, technology, media, telecommunications, and software-as-a-service companies. It supports startups by providing capital and strategic guidance, leveraging decades of industry experience to help entrepreneurs and disruptive thinkers scale their businesses. Building Ventures backs teams that aim to create a better built world through innovative technology and practical solutions.

Connor Blandini

Analyst

Travis Connors

General Partner

Jesse Devitte

General Partner

Allen Preger

Partner

Matthews Rightmire

Venture Partner

Matt Rightmire

General Partner

Mayra Soto

Associate

Gregg Wallace

Partner

Heather Widman

Partner

Past deals in Construction

Clearstory.build

Series B in 2024
Extracker, Inc. is a San Francisco-based company founded in 2018 that specializes in developing software solutions for the construction industry, focusing on change order and extra work authorization processes. Its change order software enables users to track orders, download supporting documents, and maintain real-time insights into financial exposure. The platform facilitates communication between subcontractors, general contractors, and project owners, aiming to improve the efficiency of cost tracking and reduce administrative burdens. By offering features such as change order log exports and analytical tools, Extracker enhances visibility into financial risks and supports data-driven decision-making for its clients.

SmartPM Technologies

Series A in 2024
Founded in 2012, SmartPM Technologies develops an automated scheduling and delay monitoring software for the construction industry. Its platform, SmartPM, enables real-time performance tracking of contractors and construction projects.

Parspec

Seed Round in 2024
Parspec is a technology company that uses artificial intelligence to optimize the supply chain for the building and construction industry. Its platform provides information and online workflows to support the selection and sale of construction products, leveraging AI to generate product submittals instantly and enabling sales agents and distributors to author and manage submittals online.

Skillit

Seed Round in 2023
Skillit streamlines hiring for skilled tradespeople and contractors by providing a data-driven recruitment platform tailored to the construction industry. The platform recruits, tests, trains, evaluates, and matches skilled craft workers with employer customers.

Clearstory.build

Venture Round in 2023
Extracker, Inc. is a San Francisco-based company founded in 2018 that specializes in developing software solutions for the construction industry, focusing on change order and extra work authorization processes. Its change order software enables users to track orders, download supporting documents, and maintain real-time insights into financial exposure. The platform facilitates communication between subcontractors, general contractors, and project owners, aiming to improve the efficiency of cost tracking and reduce administrative burdens. By offering features such as change order log exports and analytical tools, Extracker enhances visibility into financial risks and supports data-driven decision-making for its clients.

UpCodes

Series A in 2023
UpCodes, Inc. is a technology company based in San Francisco, California, that provides a comprehensive platform to assist the construction industry in navigating compliance with building codes. Founded in 2015, UpCodes consolidates various building regulations into a single, searchable database, utilizing machine learning and data analysis to enhance the search process. The platform offers tools that simplify coordination among teams and projects, allowing users to easily access and research building codes. By streamlining compliance efforts, UpCodes helps professionals involved in the design, construction, and occupancy of buildings avoid project delays and clarify regulatory requirements.

Skillit

Seed Round in 2023
Skillit streamlines hiring for skilled tradespeople and contractors by providing a data-driven recruitment platform tailored to the construction industry. The platform recruits, tests, trains, evaluates, and matches skilled craft workers with employer customers.

Skillit

Seed Round in 2022
Skillit streamlines hiring for skilled tradespeople and contractors by providing a data-driven recruitment platform tailored to the construction industry. The platform recruits, tests, trains, evaluates, and matches skilled craft workers with employer customers.

Join

Series A in 2022
Join is a platform for collaborative project delivery in the built environment, focusing on preconstruction decision making. The platform provides real-time cost data, visual budgets, and insight into risks and opportunities to help contractors, designers, owners, and suppliers make timely decisions across a project’s lifecycle. By combining cost visibility with a visual interface, Join facilitates collaboration among stakeholders and supports fast, iterative planning and execution.

Clearstory.build

Series A in 2022
Extracker, Inc. is a San Francisco-based company founded in 2018 that specializes in developing software solutions for the construction industry, focusing on change order and extra work authorization processes. Its change order software enables users to track orders, download supporting documents, and maintain real-time insights into financial exposure. The platform facilitates communication between subcontractors, general contractors, and project owners, aiming to improve the efficiency of cost tracking and reduce administrative burdens. By offering features such as change order log exports and analytical tools, Extracker enhances visibility into financial risks and supports data-driven decision-making for its clients.

Canoa

Seed Round in 2022
Canoa is a company that provides a digital design platform aimed at enhancing the efficiency of the design process for retrofitting and adapting existing buildings. This platform allows designers to create, share, present, and collaborate on design projects seamlessly, facilitating a more streamlined workflow. By enabling clients to visualize the potential of their spaces, Canoa empowers businesses to implement low-carbon office solutions at scale, ultimately reducing costs and minimizing environmental impact. Through its innovative tools, Canoa supports the transformation of commercial spaces into sustainable environments, fostering a collaborative approach from the initial concept to project completion.

Built Robotics

Series C in 2022
Built Robotics develops automation technology for the construction industry by turning heavy equipment into autonomous robots with AI-guided software that integrates sensors such as GPS, cameras, and Lidar. The systems retrofit onto earthmoving equipment to enable autonomous operation on job sites, supporting projects such as wind farms, oil and gas pipelines, mining, and housing developments, and they are used to automate repetitive tasks in solar projects to accelerate the transition to clean energy.

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 that streamlines the process of getting construction workers on site. By modernizing contractor management, the platform enhances flexibility for subcontractors and their employers, ensuring that all workers are compliant with necessary documentation. This efficiency allows construction workers and subcontractors to access job sites three times faster, while also digitizing and making worker records searchable and accessible from any location. GoContractor focuses on reducing compliance risks, improving safety, and ultimately driving productivity and profitability within the construction industry.

Canoa

Seed Round in 2021
Canoa is a company that provides a digital design platform aimed at enhancing the efficiency of the design process for retrofitting and adapting existing buildings. This platform allows designers to create, share, present, and collaborate on design projects seamlessly, facilitating a more streamlined workflow. By enabling clients to visualize the potential of their spaces, Canoa empowers businesses to implement low-carbon office solutions at scale, ultimately reducing costs and minimizing environmental impact. Through its innovative tools, Canoa supports the transformation of commercial spaces into sustainable environments, fostering a collaborative approach from the initial concept to project completion.

Built Robotics

Series B in 2019
Built Robotics develops automation technology for the construction industry by turning heavy equipment into autonomous robots with AI-guided software that integrates sensors such as GPS, cameras, and Lidar. The systems retrofit onto earthmoving equipment to enable autonomous operation on job sites, supporting projects such as wind farms, oil and gas pipelines, mining, and housing developments, and they are used to automate repetitive tasks in solar projects to accelerate the transition to clean energy.

Join

Seed Round in 2019
Join is a platform for collaborative project delivery in the built environment, focusing on preconstruction decision making. The platform provides real-time cost data, visual budgets, and insight into risks and opportunities to help contractors, designers, owners, and suppliers make timely decisions across a project’s lifecycle. By combining cost visibility with a visual interface, Join facilitates collaboration among stakeholders and supports fast, iterative planning and execution.

Vico Software

Venture Round in 2018
Vico Software is a provider of software and services tailored for the building construction industry, operating across Europe, the Middle East, and the Americas. Founded in 2007 and headquartered in Boulder, Colorado, the company specializes in a range of solutions that enhance project management and efficiency. Its flagship product, the Vico Office Suite, features a construction-oriented 5D BIM environment, which includes tools such as the Vico Office Client for publishing and integrating 3D models from various sources, and the Vico Takeoff Manager for generating precise quantity takeoffs based on these models. Additionally, Vico Software offers the Vico Cost Planner for cost estimation and value engineering, as well as the Vico Cost Explorer for real-time budget monitoring. The company also provides an online training program to assist users in navigating its software, along with project services delivery and consulting. Vico Software's offerings cater to building owners, general contractors, and construction managers, enhancing their operational capabilities in the construction process.

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.

SketchUp

Venture Round in 2018
SketchUp is a software development company known for its 3D modeling tools, particularly the SketchUp application. It serves a diverse range of industries, including architecture, construction, interior design, landscape design, film and stage production, geographic information systems (GIS), game development, and mechanical design. SketchUp provides a user-friendly 3D modeling solution that integrates a compact toolset with a guidance system, simplifying the drawing process. This approach enables professionals such as architects, set designers, game developers, and graphic artists to create detailed models efficiently and effectively.

Assemble Systems

Series A in 2017
Assemble Systems, Inc. is a company specializing in web-based building information modeling (BIM) data management software. Its primary product, Assemble Insight, is a cloud-based platform designed for architecture, engineering, and construction (AEC) firms, facilitating the extraction and management of BIM data to enhance project insight, collaboration, and data-driven decision-making. The platform provides features such as data inventory creation, real-time data synchronization, and sharing capabilities among project teams, thereby optimizing BIM software investments. Additionally, Assemble Systems offers workflows that improve organizational effectiveness in various areas, including estimating, construction change management, and budget management. The company also has a 3D bid management platform that enables general contractors to share project models with subcontractors. Founded in 2011 and based in Houston, Texas, Assemble Systems serves a diverse clientele, including academics, general contractors, and BIM/VDC managers. As of 2018, it operates as a subsidiary of Autodesk, Inc.

Blokable

Seed Round in 2017
Blokable is a company based in Seattle, Washington, that specializes in manufacturing pre-fabricated steel frame modular housing units. Founded in 2016, Blokable designs, manufactures, and delivers fully-functional modular structures for residential, retail, and mixed-use projects. The company's vertically integrated solution streamlines the traditional development process, reducing the cost and time required to create new multi-family housing. Blokable engages throughout the entire housing creation process, from design and manufacturing to delivery and operation, offering a variety of floorplans and wall configurations suitable for different building types. This approach aims to create prosperity and equity in communities by providing affordable housing solutions at scale.
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