Foundamental

Foundamental is a venture capital firm investing in disruptive, innovative firms solving important, meaningful challenges in the construction and built world spaces. We are defined by the extensive experience of our team, as well as the rich domain expertise of our LP and strategic advisors. Our team comprises seasoned investment partners, data scientists, sales and operations experts, talent sourcing specialists. In additional to capital, we provide a suite of services to our portfolio companies to help them accelerate their mission in redefining the industry, bringing to bear deep expertise in construction and business innovation. We seek entrepreneurs who “do things differently”, employ first-principles thinking and fundamentally pride themselves on bringing a unique mindset to venture. We have offices and investment partners in Berlin and San Francisco, and actively cover North America, Europe and Asia.

Shubhankar Bhattacharya

General Partner

NM

Naveen Mortha

Senior Associate

Past deals in Construction and Engineering

Earlytrade

Series A in 2022
Earlytrade creates a positive change in the way businesses get paid and delivers a powerful two-fold effect. By incentivising early payment, suppliers are in control of when they get paid. Removing the need to pursue other funding options and accrue more debt. Corporate customers deepen their relationships with satisfied suppliers and are rewarded with higher margins.

Tazapay

Series A in 2023
Tazapay provides accessibility to essential financial technology tools and services on its platform, which it says helps to remove current trust barriers SMBs face when conducting cross-border trade and payments.
011h Sustainable Construction SL operates as a construction company. It constructs all types of buildings for housing and other uses. The company offers design, procurement, manufacturing, construction, and digital support service for property operation and maintenance. 011h Sustainable Construction SL was incorporated in 2020 and is based in Barcelona, Spain.

Juno Residential, Inc.

Seed Round in 2020
Juno Residential, Inc. engages in the development of residential apartments. The company offers prefabricated houses. Juno Residential, Inc. was formerly known as Lighthouse Residential, Inc. The company was incorporated in 2018 and is based in San Francisco, California.

LocoNav

Series B in 2021
We are bringing together the power of our proprietary technology and wide reach to change India's vehicle landscape. Vehicle owners, Businesses, and Transporters in India are forced to run vehicles with extreme inefficiency and poor security. We're determined to change that.

Yojak

Seed Round in 2021
We at Yojak are building India’s first B2B managed marketplace for finishing building materials, that helps retailers and manufacturers increase their business. Our long term vision is to build the whole ecosystem for building materials catering to global demand through a global footprint of supply.

Mighty Buildings

Series A in 2019
Mighty Buildings is a developer of 3D printing technology and automation platform to make housing more affordable for customers. It is a modular construction company working on disrupting the residential housing market with 3D printing tech, robotics, and composite materials backed by notable top tier venture capital firms. It was founded in 2017 and is headquartered in San Francisco, California.
011h Sustainable Construction SL operates as a construction company. It constructs all types of buildings for housing and other uses. The company offers design, procurement, manufacturing, construction, and digital support service for property operation and maintenance. 011h Sustainable Construction SL was incorporated in 2020 and is based in Barcelona, Spain.

Graneet

Series A in 2023
Graneet is a Digital Site Manager Assistant that is designed to help Construction Project Managers better track the financials and administrative processes of their projects (invoices, expenses, payments...).

Cottage

Series A in 2022
Cottage Technologies, Inc. engages in planning, financing, building, and renting accessory dwelling units (ADUs). The company was incorporated in 2019 and is based in San Francisco, California.

Yojak

Series A in 2021
We at Yojak are building India’s first B2B managed marketplace for finishing building materials, that helps retailers and manufacturers increase their business. Our long term vision is to build the whole ecosystem for building materials catering to global demand through a global footprint of supply.

Graneet

Seed Round in 2021
Graneet is a Digital Site Manager Assistant that is designed to help Construction Project Managers better track the financials and administrative processes of their projects (invoices, expenses, payments...).

Electry

Seed Round in 2022
PowerUs is a digital career platform for technical blue-collar workers to empower them in their careers and help them find better jobs.

Ivy Homes

Seed Round in 2022
Ivy Homes uses a proprietary algorithm to estimate property prices and offer instant liquidity to homeowners. Ivy Homes making the process of selling a home simple, transparent, and convenient.

Wiz Freight

Series A in 2022
Wiz Freight is a full-stack digital freight management platform for emerging markets.

TUL S.A.S

Series B in 2021
Tül offers an application where users can buy hardware and construction products directly from their phone, at the time that best suits them and their business. It is their right hand for the purchase of all hardware and construction products. Users will find the best prices on their purchases, they can buy what they want when they want it and they will receive what it is when it is.

SafeAI, Inc.

Convertible Note in 2020
SafeAI, Inc., doing business as Saif, develops software as a service platform for the heavy equipment industry. The company assist people and remove people from hazardous environments, provides equipment utilization and task optimization, and implementing fleet management systems, which orchestrate tasks and equipment. SafeAI, Inc. was founded in 2017 and is headquartered in Sunnyvale, California.

Juno Residential, Inc.

Series A in 2021
Juno Residential, Inc. engages in the development of residential apartments. The company offers prefabricated houses. Juno Residential, Inc. was formerly known as Lighthouse Residential, Inc. The company was incorporated in 2018 and is based in San Francisco, California.

1build

Series A in 2021
1build, Inc. develops software to convert building blueprints into material shopping lists and cost estimates. Its platform automates cost estimates for construction companies. The company offers a data-driven approach and algorithms to collaborate on building design and construction. 1build, Inc. was incorporated in 2019 and is based in Mountain View, California.

Mighty Buildings

Seed Round in 2019
Mighty Buildings is a developer of 3D printing technology and automation platform to make housing more affordable for customers. It is a modular construction company working on disrupting the residential housing market with 3D printing tech, robotics, and composite materials backed by notable top tier venture capital firms. It was founded in 2017 and is headquartered in San Francisco, California.

TUL S.A.S

Series B in 2022
Tül offers an application where users can buy hardware and construction products directly from their phone, at the time that best suits them and their business. It is their right hand for the purchase of all hardware and construction products. Users will find the best prices on their purchases, they can buy what they want when they want it and they will receive what it is when it is.

Wiz Freight

Seed Round in 2021
Wiz Freight is a full-stack digital freight management platform for emerging markets.

Homebase

Venture Round in 2021
Homebase makes it possible to buy and own a home, even when you may not have enough saved up today.

Ackcio

Seed Round in 2019
Ackcio Pte. Ltd. develops a monitoring system based on wireless sensors for construction sites. The company was incorporated in 2016 and is headquartered in Singapore.

Dekoruma

Series C in 2021
PT Dekoruma Inovasi Lestari owns and operates an online platform to sell home furnishings and furniture. It offers kitchen and dining room, decor, bedroom, mattress, furniture, bathroom, furniture, household appliances, home improvement, and light products. The company was founded in 2015 and is based in Jakarta, Indonesia.
Hella Infra Market develops an online procurement marketplace intended to serve the real estate and construction materials industry. Its centralized platform aggregates clients' demands, matching them with its supply chain along with affordable credit options and efficient delivery tracking facility, providing clients with fair pricing and enhanced technology experience.

Ackcio

Seed Round in 2020
Ackcio Pte. Ltd. develops a monitoring system based on wireless sensors for construction sites. The company was incorporated in 2016 and is headquartered in Singapore.

1build

Seed Round in 2020
1build, Inc. develops software to convert building blueprints into material shopping lists and cost estimates. Its platform automates cost estimates for construction companies. The company offers a data-driven approach and algorithms to collaborate on building design and construction. 1build, Inc. was incorporated in 2019 and is based in Mountain View, California.

Novade Solution Pte. Ltd.

Series B in 2020
Novade Solution Pte. Ltd. develops a platform to synchronize all project data. The company manage inspections, checklists, handover, safety processes, assets and equipment, schedule inspections, track repairs and, generate reports. Its features includes forms and checklists, drawing mark-ups, digital signatures, map locations, QR codes and NFC tags, and picture annotations. Novade Solution Pte. Ltd. was founded in 2013 and is headquartered in Singapore.

Q-Bot Limited

Series A in 2019
Q-BOT Ltd, a Wandsworth, London, UK-based developer of a robotics platform that can access, survey, evaluate and apply treatments in a wide range of industries and applications. The company is funded through a combination of government grants, private investment and sales revenue, and has been supported by Climate-KIC, The Technology Strategy Board and The Department for Energy and Climate Change.
Hella Infra Market develops an online procurement marketplace intended to serve the real estate and construction materials industry. Its centralized platform aggregates clients' demands, matching them with its supply chain along with affordable credit options and efficient delivery tracking facility, providing clients with fair pricing and enhanced technology experience.

Dekoruma

Series B in 2020
PT Dekoruma Inovasi Lestari owns and operates an online platform to sell home furnishings and furniture. It offers kitchen and dining room, decor, bedroom, mattress, furniture, bathroom, furniture, household appliances, home improvement, and light products. The company was founded in 2015 and is based in Jakarta, Indonesia.

Infraprime Logistics

Series A in 2020
Infraprime Logistics Technologies Private Limited operates as a logistics company. The company deploys heavy-duty fully electric mega trucks for infrastructure company. The company provides data at core approach compiling data sets of project sites, crusher operators, miners, transporters, and routers on which truck can travel; real time analytics for matching unassigned orders with available vehicles, route optimization for developing digital solutions to provide real-time visibility to fleet operators; and electric trucks. Infraprime Logistics Technologies Private Limited was incorporated in 2017 and is based in Gurgaon Rural, India.

Mighty Buildings

Series B in 2021
Mighty Buildings is a developer of 3D printing technology and automation platform to make housing more affordable for customers. It is a modular construction company working on disrupting the residential housing market with 3D printing tech, robotics, and composite materials backed by notable top tier venture capital firms. It was founded in 2017 and is headquartered in San Francisco, California.

LocoNav

Series B in 2019
We are bringing together the power of our proprietary technology and wide reach to change India's vehicle landscape. Vehicle owners, Businesses, and Transporters in India are forced to run vehicles with extreme inefficiency and poor security. We're determined to change that.

indus.ai

Series A in 2019
indus.ai, Inc., a technology company, provides a construction Intelligence-as-a-Service software to organize chaos involving people, equipment, and materials in construction sites. It offers Indus.ai, an AI-enabled computer vision software platform that allows users to gain insights about their job sites; install cameras to provide images/videos from their site and the platform turns those into analytics and insights. The company’s solutions are used for developers, general contractors, owners, safety and compliance, and construction intelligence. indus.ai, Inc. was founded in 2017 and is based in San Francisco, California with an additional office in Thornhill, Canada.
Hella Infra Market develops an online procurement marketplace intended to serve the real estate and construction materials industry. Its centralized platform aggregates clients' demands, matching them with its supply chain along with affordable credit options and efficient delivery tracking facility, providing clients with fair pricing and enhanced technology experience.

Loadsmile

Seed Round in 2020
Ofload is a digital road freight platform that fully tackles inefficiencies. Ofload connects road freight to thousands of reliable carriers and manage it through technology. This means less waste and more data. Ofload manages end-to-end logistics fulfillment through technology, connects carriers with shippers helping shipments to be delivered quickly and affordably by taking up what would have been empty space in delivery vehicles, allowing businesses to have visibility of their shipments.

Alice Technologies

Series A in 2019
ALICE empowers construction engineering and management professionals with modern AI and Optimization techniques. Its software automatically produces detailed schedules and resource allocations, which accurately estimate the cost and time frame for a project. Users understand the construction process through an interactive visualization, and can quickly tweak or modify a schedule to reflect the shifting realities of the construction cycle. It is born out of research at Stanford by a collaborative effort between experienced construction managers, software engineers, and computational methods specialists. ALICE enhances construction planning and scheduling abilities to help keep crews flowing on any size project. It works directly with 3D BIM and using a simple rule-based system, it explores millions of different schedule sequences and gives teams the power to answer “What If?” scenarios and completely reschedule in just minutes. It was founded in 2013 and is headquartered in Menlo Park, California.

FlexFleet

Seed Round in 2018
Trelar is a network of vocational trucking owner-operators, drivers, contractors, ​and plant operators revolutionizing the $150B construction vehicle ecosystem through an app-driven marketplace that matches carriers to the contractors who need delivery capacity.

reINVENT innovation GmbH

Series A in 2020
reINVENT simplify all communication and planning processes for your construction project via a central digital platform.They revolutionize the hardly digitized building industry by offering a software platform to connect all major parties during and after construction. It‘s their mission to redesign all customer processes with digital solutions for communication, data transfer and documentation to generate significant cost and time savings for building contractors and project developers.

reINVENT innovation GmbH

Seed Round in 2018
reINVENT simplify all communication and planning processes for your construction project via a central digital platform.They revolutionize the hardly digitized building industry by offering a software platform to connect all major parties during and after construction. It‘s their mission to redesign all customer processes with digital solutions for communication, data transfer and documentation to generate significant cost and time savings for building contractors and project developers.

HoloBuilder

Corporate Round in 2019
HoloBuilder Inc. provides an artificial intelligence based software solution for documenting construction site progress. It offers HoloBuilder, a web-based platform that provides access to insightful project knowledge by providing site based knowledge and mission critical insights. The company’s HoloBuilder is a documentation solution for Autodesk BIM 360 integration, as well as to capture progress at every stage of construction. The company was incorporated in 2015 and is headquartered in San Francisco, California.

KageNova Ltd

Pre Seed Round in 2019
KageNova Ltd develops technologies to engineer interactive realism for next-generation experiences, such as virtual and mixed reality. The company develops 6 degree-of-freedom motion, a solution for 360° VR experiences that allow users to move freely in scenes. The company was incorporated in 2017 and is based in Gomshall, United Kingdom.

Brick&Bolt

Series A in 2020
Brick&Bolt is an e-commerce marketplace providing end-to-end construction services with absolute trust and transparency. We ensure money safety through our escrow facility, transparency using technology, quality through in-house project management team and on-time through penalty clauses for any delays. If you looking for any building/house construction, Brick&Bolt is the place to go to!