GroundBreak Ventures

GroundBreak Ventures is a venture capital firm based in Toronto, Canada, founded in 2019. It specializes in investing in the real estate, construction, and property technology sectors, focusing on innovative solutions that enhance how and where people live and work. The firm targets early-stage companies, from ideation to Series A, and aims to invest in 5 to 10 emerging businesses annually, with a particular emphasis on North American opportunities. GroundBreak Ventures provides not only capital but also domain expertise to support entrepreneurs in developing their ventures, which include areas such as building management systems, data analytics, machine learning, and clean technology.

Scott Kaplanis

Partner

Sanders Lee

Partner

35 past transactions

Chexy

Seed Round in 2024
Chexy operates a digital platform that transforms the rent payment process for tenants. It enables users to send money online to their landlords while also earning rewards and building credit points. The platform allows tenants to redeem these points for exclusive membership perks, thereby giving them greater control over their rent payments, which are a significant monthly expense. Through its innovative approach, Chexy aims to enhance the rental experience by providing financial benefits and improving credit history for tenants.

Evercloak

Seed Round in 2024
Evercloak Inc., founded in 2018 and based in Waterloo, Canada, specializes in the manufacturing of ultra-thin graphene and other two-dimensional nanomaterial films geared towards clean technology applications. The company employs a low-cost advanced manufacturing process that facilitates the continuous coating of single-layer nanomaterials. This innovative platform aims to support disruptive clean technologies across various sectors, including oil and gas, nuclear energy, mining, and agri-food. Evercloak's mission is to enhance energy efficiency in building cooling systems, thereby creating comfortable indoor environments while significantly reducing energy consumption and greenhouse gas emissions.

Virtuo

Seed Round in 2023
Virtuo Inc., founded in 2015 and headquartered in Calgary, Canada, specializes in move-in and homeownership concierge management services. The company leverages technology to simplify the process of moving and transitioning into a home, aiming to enhance the homeownership experience. By focusing on the needs of individuals, Virtuo seeks to transform the system of homeownership into a more efficient and user-friendly solution.

Fillogic

Series A in 2023
Fillogic, founded in 2018 and based in New York City, specializes in local market logistics by transforming under-utilized spaces in retail centers, such as shopping malls, into middle-mile logistics hubs. The company offers a logistics-as-a-service platform that enhances retail operations through services like forward-staged inventory, ship-from-store optimization, and comprehensive inventory management. By enabling retailers to efficiently utilize existing stores and resources, Fillogic provides a more effective, cost-efficient, and sustainable solution for connecting physical retail with e-commerce. This approach allows partners to store inventory closer to customers, thereby improving service delivery and overall inventory management.

Local Logic

Series B in 2023
Local Logic is a location intelligence platform based in Montreal, Quebec, that specializes in digitizing the built environment to provide actionable insights for consumers, investors, developers, and governments. By leveraging artificial intelligence and geospatial data, the platform quantifies lifestyle and location characteristics, offering predictive analytics that inform decision-making in the real estate sector. With access to over 75 billion data points, Local Logic supports clients in the $217 trillion real estate market across the US and Canada, providing tools for urban planning and project strategy. The company collaborates with various stakeholders, including commercial real estate, travel, and media firms, to enhance the planning and development of sustainable and equitable urban spaces.

Chexy

Pre Seed Round in 2023
Chexy operates a digital platform that transforms the rent payment process for tenants. It enables users to send money online to their landlords while also earning rewards and building credit points. The platform allows tenants to redeem these points for exclusive membership perks, thereby giving them greater control over their rent payments, which are a significant monthly expense. Through its innovative approach, Chexy aims to enhance the rental experience by providing financial benefits and improving credit history for tenants.

PLOT

Seed Round in 2023
PLOT combines Logistic Mapping, Delivery Coordination, and Lead Time Management to take away the arduous and low-level tasks that Construction teams hate.

Rosarium Health

Pre Seed Round in 2023
Rosarium Health operates a marketplace platform that connects service providers, including home contractors and occupational therapists, with clients seeking accessible home assessments and modifications. The platform is designed to enhance the built environment by ensuring that homes are safe and accessible, particularly for elderly individuals. By facilitating home assessments and remodeling projects, Rosarium Health aims to create a supportive living environment for senior communities. Additionally, the platform offers digital payment options and navigation assistance, streamlining the process for both service providers and clients. Through these initiatives, Rosarium Health seeks to improve home healthcare and promote accessibility in residential settings.

Desana

Seed Round in 2023
Desana operates a workspace platform that facilitates access to a global network of flexible workspaces, catering to the needs of hybrid real estate strategies for employers. The platform streamlines the process of managing desk and meeting room bookings, allowing companies to offer their employees workspace options regardless of location. By reducing dependence on long-term leases, Desana enhances flexibility for teams while increasing occupancy and revenue for workspace providers. This approach not only helps employers cut operating costs but also supports freelancers and remote workers in finding suitable work environments.

Darabase

Seed Round in 2023
Darabase is a platform that facilitates the creation, management, and monetization of location-based commercial content in both the physical world and the virtual metaverse. Established in 2019 and headquartered in London, the company collaborates with property companies worldwide to enhance their understanding of Property Digital Rights associated with their real-world and metaverse assets. Darabase's innovative platform supports outdoor media campaigns, allowing businesses to run permission-based augmented reality initiatives in prominent locations. The company has garnered recognition through its participation in prestigious growth accelerator programs, such as RealTechX and Aldar’s ScaleUp, and has attracted a diverse range of strategic investors including Taronga Ventures and Outlier Ventures. With operations extending to the USA, Canada, Australia, and the Middle East, Darabase aims to revolutionize the outdoor media landscape by integrating digital content with physical environments.

Modulous

Series A in 2022
Modulous Limited is a London-based company focused on designing, developing, and delivering affordable and sustainable homes globally. Established in 2018, the company leverages a digitized software platform that utilizes generative design, artificial intelligence, and 5D Building Information Modeling (BIM) to create fully engineered designs for multi-family homes from a defined kit of parts. This technology enables rapid production of planning-compliant designs, allowing property developers and architects to evaluate multiple design options efficiently. By addressing the pressing global housing shortage, Modulous aims to transform the housing sector with innovative solutions that prioritize quality, sustainability, and affordability.

Green Badger

Seed Round in 2022
Green Badger, LLC specializes in cloud-based automation and compliance solutions tailored for the green construction industry. Founded in 2013 and headquartered in Savannah, Georgia, the company offers a leading LEED Documentation Software platform that allows users to manage and document LEED construction credits efficiently. This software is accessible via web, iOS, and Android devices, enabling real-time updates and collaboration among construction teams. It significantly reduces labor hours needed for compliance documentation by up to 60%, mitigating the risk of missed project goals and potential penalties. Green Badger's solutions are designed for general contractors, sustainability professionals, and property owners, providing user-friendly tools and robust data analytics to streamline the reporting of LEED compliance and environmental, social, and governance (ESG) metrics.

Hostfully

Seed Round in 2022
Hostfully Inc., established in 2015 and headquartered in San Francisco, specializes in developing a comprehensive property management platform tailored for vacation rentals worldwide. The company's core offering is a digital guidebook system that provides guests with local recommendations and essential property information via mobile, desktop, print, and voice access. Additionally, Hostfully automates operational tasks such as payments (via Stripe) and accounting (with Quickbooks integration), while distributing listings across major platforms like Airbnb, HomeAway, Booking.com, and TripAdvisor. This all-in-one solution enables managers of over 10,000 properties in approximately 80 countries to enhance guest experiences, boost bookings, and increase revenues.

Enertiv

Series A in 2022
Enertiv, Inc. is a digital energy company based in New York that specializes in energy efficiency solutions for the real estate sector and related markets. Founded in 2011, the company focuses on optimizing building operations by transforming data into actionable insights. Enertiv's platform collects and analyzes data from various sources, supplemented by IoT devices, to monitor critical equipment, tenant spaces, and indoor environmental conditions. This comprehensive approach allows property owners and operators to identify inefficiencies and reduce waste in their operating expenses. By streamlining operations and enhancing performance, Enertiv empowers its clients to make informed, data-driven decisions that enhance asset value and improve tenant health.

OneRoof

Seed Round in 2021
OneRoof connects people living in the same building to form a resourceful, fun, and supportive neighbor community. The company was founded in 2020 and is headquartered in Brooklyn, New York.

Qualis Flow

Seed Round in 2021
Qualis Flow Limited is a construction technology company based in London, United Kingdom, established in 2018. It offers the Q.Flow platform, which enables construction teams to track, analyze, and respond to environmental risks effectively. By integrating data from external systems, the platform connects traditional data with the Internet of Things, facilitating automated data collection and analysis. This capability allows contractors and major projects to manage their social and environmental impact, improve communication with stakeholders, and respond to environmental changes. Qualis Flow aims to help contractors save time, reduce costs, and enhance their local reputations, and it is currently collaborating with early adopters during its development phase.

Spark

Series A in 2021
Spark is a platform specifically designed to power the entire process of selling and marketing real estate. Using technology to help turn leads into buyers, inventory into contracts, and information into usable metrics. Spark is a safe, secure and cost-effective solution for selling and marketing real estate.

Desana

Seed Round in 2021
Desana operates a workspace platform that facilitates access to a global network of flexible workspaces, catering to the needs of hybrid real estate strategies for employers. The platform streamlines the process of managing desk and meeting room bookings, allowing companies to offer their employees workspace options regardless of location. By reducing dependence on long-term leases, Desana enhances flexibility for teams while increasing occupancy and revenue for workspace providers. This approach not only helps employers cut operating costs but also supports freelancers and remote workers in finding suitable work environments.

TOOLBX

Series A in 2021
TOOLBX Inc. is a technology company based in Toronto, Canada, that specializes in providing a digital platform for builders, contractors, and renovators to streamline the procurement of construction materials. Established in 2016, TOOLBX offers an extensive marketplace that features a wide range of building products, allowing users to place customized orders with various suppliers. The platform enhances efficiency and productivity by facilitating jobsite and crew management services, as well as providing options for delivery and unloading of materials. By adapting to the evolving construction landscape, TOOLBX aims to meet the needs of contractors and suppliers, ensuring that teams have timely access to the materials required for their projects.

Fillogic

Seed Round in 2021
Fillogic, founded in 2018 and based in New York City, specializes in local market logistics by transforming under-utilized spaces in retail centers, such as shopping malls, into middle-mile logistics hubs. The company offers a logistics-as-a-service platform that enhances retail operations through services like forward-staged inventory, ship-from-store optimization, and comprehensive inventory management. By enabling retailers to efficiently utilize existing stores and resources, Fillogic provides a more effective, cost-efficient, and sustainable solution for connecting physical retail with e-commerce. This approach allows partners to store inventory closer to customers, thereby improving service delivery and overall inventory management.

Modulous

Seed Round in 2021
Modulous Limited is a London-based company focused on designing, developing, and delivering affordable and sustainable homes globally. Established in 2018, the company leverages a digitized software platform that utilizes generative design, artificial intelligence, and 5D Building Information Modeling (BIM) to create fully engineered designs for multi-family homes from a defined kit of parts. This technology enables rapid production of planning-compliant designs, allowing property developers and architects to evaluate multiple design options efficiently. By addressing the pressing global housing shortage, Modulous aims to transform the housing sector with innovative solutions that prioritize quality, sustainability, and affordability.

xNomad

Seed Round in 2020
xNomad operates an online marketplace that connects brands with short-term retail spaces for pop-up stores. The platform provides an innovative end-to-end solution, facilitating access to vacant retail locations while offering additional services such as design, furniture, and staffing. By utilizing data on footfall, demographics, and customer engagement, xNomad assists brands in selecting optimal store locations and measuring the success of their pop-up experiences. This comprehensive approach enables clients to establish their temporary retail presence efficiently and effectively, streamlining the process of creating a unique shopping environment.

Relogix

Series A in 2020
Relogix Inc., founded in 2010 and based in Ottawa, Canada, specializes in developing sensor-based devices for monitoring and tracking unused office spaces. The company offers a comprehensive solution that includes UtiLive, a system utilizing space tracking sensors and a machine learning analytics engine for data analysis. Relogix operates on a sensor-as-a-service model, which encompasses floor planning, deployment of sensor devices, and ongoing monitoring through a cloud-based application. The company's offerings are designed to support large enterprises and commercial real estate portfolios, enabling clients to make informed, data-driven decisions regarding their real estate strategies. Relogix's innovative workplace insights platform, Conexus, and advanced IoT occupancy sensors aim to enhance the workplace experience and optimize real estate utilization.

GoFor

Series A in 2020
gofor is a provider of last-mile logistics services focused on enhancing the operational efficiency of the construction industry. The company offers a platform that facilitates the delivery of building materials and equipment, ensuring reliable and timely arrivals at job sites. It integrates seamlessly with various sales channels, including POS systems, e-commerce, and mobile order management. Additionally, gofor emphasizes sustainability by utilizing electric vehicles, carbon offsets, and smart packaging, while also investing in empowering drivers. This innovative approach aims to deliver cost-effective and environmentally friendly solutions to meet the needs of the home improvement and construction sectors.

Local Logic

Series A in 2020
Local Logic is a location intelligence platform based in Montreal, Quebec, that specializes in digitizing the built environment to provide actionable insights for consumers, investors, developers, and governments. By leveraging artificial intelligence and geospatial data, the platform quantifies lifestyle and location characteristics, offering predictive analytics that inform decision-making in the real estate sector. With access to over 75 billion data points, Local Logic supports clients in the $217 trillion real estate market across the US and Canada, providing tools for urban planning and project strategy. The company collaborates with various stakeholders, including commercial real estate, travel, and media firms, to enhance the planning and development of sustainable and equitable urban spaces.

Envoy Technologies

Series A in 2020
Envoy Technologies Inc. offers electric vehicle-sharing services tailored for multifamily residences, workplaces, and hotels. The company provides a range of vehicles, including luxury cars and two-wheelers, alongside essential services such as fleet insurance, customer support, fleet maintenance, on-site car washing, charging station installation, and staff training. Envoy aims to enhance tenant and guest experiences by integrating Mobility as an Amenity™ into properties, allowing users to reserve and access vehicles through a mobile app. The company operates in California and New York, serving locations such as apartments, student housing, office campuses, co-working spaces, hotels, and municipalities. Founded in 2016 and headquartered in Culver City, California, Envoy Technologies combines innovative technology with robust analytics to implement private and dedicated auto-sharing solutions for various communities.

TOOLBX

Seed Round in 2020
TOOLBX Inc. is a technology company based in Toronto, Canada, that specializes in providing a digital platform for builders, contractors, and renovators to streamline the procurement of construction materials. Established in 2016, TOOLBX offers an extensive marketplace that features a wide range of building products, allowing users to place customized orders with various suppliers. The platform enhances efficiency and productivity by facilitating jobsite and crew management services, as well as providing options for delivery and unloading of materials. By adapting to the evolving construction landscape, TOOLBX aims to meet the needs of contractors and suppliers, ensuring that teams have timely access to the materials required for their projects.

Simplicity

Seed Round in 2020
Simplicity is a private mortgage application platform designed to enhance the residential mortgage lending process for both brokers and borrowers. The platform prioritizes security and privacy, allowing users to access it anytime and from any device. It offers a range of features, including document management, automated deal flow, relationship management, and streamlined communication and notifications. By digitizing legal, settlement, and lender processes, Simplicity enables clients to efficiently manage their data while saving time on information sharing.

Evercloak

Seed Round in 2020
Evercloak Inc., founded in 2018 and based in Waterloo, Canada, specializes in the manufacturing of ultra-thin graphene and other two-dimensional nanomaterial films geared towards clean technology applications. The company employs a low-cost advanced manufacturing process that facilitates the continuous coating of single-layer nanomaterials. This innovative platform aims to support disruptive clean technologies across various sectors, including oil and gas, nuclear energy, mining, and agri-food. Evercloak's mission is to enhance energy efficiency in building cooling systems, thereby creating comfortable indoor environments while significantly reducing energy consumption and greenhouse gas emissions.

Enertiv

Seed Round in 2020
Enertiv, Inc. is a digital energy company based in New York that specializes in energy efficiency solutions for the real estate sector and related markets. Founded in 2011, the company focuses on optimizing building operations by transforming data into actionable insights. Enertiv's platform collects and analyzes data from various sources, supplemented by IoT devices, to monitor critical equipment, tenant spaces, and indoor environmental conditions. This comprehensive approach allows property owners and operators to identify inefficiencies and reduce waste in their operating expenses. By streamlining operations and enhancing performance, Enertiv empowers its clients to make informed, data-driven decisions that enhance asset value and improve tenant health.

Relogix

Series A in 2019
Relogix Inc., founded in 2010 and based in Ottawa, Canada, specializes in developing sensor-based devices for monitoring and tracking unused office spaces. The company offers a comprehensive solution that includes UtiLive, a system utilizing space tracking sensors and a machine learning analytics engine for data analysis. Relogix operates on a sensor-as-a-service model, which encompasses floor planning, deployment of sensor devices, and ongoing monitoring through a cloud-based application. The company's offerings are designed to support large enterprises and commercial real estate portfolios, enabling clients to make informed, data-driven decisions regarding their real estate strategies. Relogix's innovative workplace insights platform, Conexus, and advanced IoT occupancy sensors aim to enhance the workplace experience and optimize real estate utilization.

INDUS.AI

Series A in 2019
INDUS.AI is a construction intelligence platform that provides real estate investors, owners, developers, and general contractors with real-time visibility and actionable insights into construction activities, productivity, and risks. Founded in 2017, the company operates offices in San Francisco and Toronto, serving clients across the United States, Canada, Hong Kong, and Brazil. INDUS.AI employs a cloud-based 3D computer vision platform that utilizes live video streams from secure IP cameras to identify inefficiencies on construction sites. This technology enables project managers and general contractors to optimize labor, equipment, and materials while offering real-time project controls to address over-billed charges and schedule discrepancies. By enhancing safety, efficiency, and transparency, INDUS.AI aims to transform construction site management and improve overall project outcomes.

Simplicity

Seed Round in 2019
Simplicity is a private mortgage application platform designed to enhance the residential mortgage lending process for both brokers and borrowers. The platform prioritizes security and privacy, allowing users to access it anytime and from any device. It offers a range of features, including document management, automated deal flow, relationship management, and streamlined communication and notifications. By digitizing legal, settlement, and lender processes, Simplicity enables clients to efficiently manage their data while saving time on information sharing.

Virtuo

Venture Round in 2019
Virtuo Inc., founded in 2015 and headquartered in Calgary, Canada, specializes in move-in and homeownership concierge management services. The company leverages technology to simplify the process of moving and transitioning into a home, aiming to enhance the homeownership experience. By focusing on the needs of individuals, Virtuo seeks to transform the system of homeownership into a more efficient and user-friendly solution.

Virtuo

Seed Round in 2018
Virtuo Inc., founded in 2015 and headquartered in Calgary, Canada, specializes in move-in and homeownership concierge management services. The company leverages technology to simplify the process of moving and transitioning into a home, aiming to enhance the homeownership experience. By focusing on the needs of individuals, Virtuo seeks to transform the system of homeownership into a more efficient and user-friendly solution.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.