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

Past deals in Construction

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.

Modulous

Series A in 2022
Modulous is a technology-enabled housing company that designs, develops, and delivers affordable, sustainable homes at scale. It operates a digitized software platform that enables high-speed design and delivery of quality, healthy, and affordable housing globally. The platform combines generative design, artificial intelligence, and a digital twin of a defined kit of parts to create engineered designs for multi-family housing in minutes. This enables property developers and architects to assess planning-compliant options quickly and efficiently, supporting faster project timelines and improved buildability. Modulous addresses global housing supply needs by providing tooling that accelerates design-to-delivery workflows while prioritizing sustainability and affordability.

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 assists construction teams in tracking, analyzing, and responding to environmental risks. By integrating data from various external systems, the platform facilitates the connection of traditional data within the framework of the Internet of Things. Qualis Flow aims to help contractors and major projects effectively manage their social and environmental impact, enabling better communication with stakeholders. Through automated data collection and analysis, the Q.Flow platform allows contractors to save time, reduce costs, and enhance their reputation in their local communities. The company is currently collaborating with early adopters during its development phase.

TOOLBX

Series A in 2021
TOOLBX Inc. is a technology company based in Toronto, Canada, that specializes in designing and developing applications tailored for builders, contractors, and renovators. Founded in 2016, the company has created a platform that streamlines the procurement of construction materials, allowing users to efficiently order products from suppliers. The app features options for order placement, delivery, and unloading, ensuring that materials are available when needed. Additionally, TOOLBX offers job site and crew management services, enhancing productivity and efficiency in the construction process. The platform's extensive catalog and customized ordering capabilities enable clients to manage multiple job sites effectively, facilitating convenient deliveries and itemized billing.

Modulous

Seed Round in 2021
Modulous is a technology-enabled housing company that designs, develops, and delivers affordable, sustainable homes at scale. It operates a digitized software platform that enables high-speed design and delivery of quality, healthy, and affordable housing globally. The platform combines generative design, artificial intelligence, and a digital twin of a defined kit of parts to create engineered designs for multi-family housing in minutes. This enables property developers and architects to assess planning-compliant options quickly and efficiently, supporting faster project timelines and improved buildability. Modulous addresses global housing supply needs by providing tooling that accelerates design-to-delivery workflows while prioritizing sustainability and affordability.

GoFor

Series A in 2020
GoFor specializes in last-mile logistics for the construction industry. It offers a platform for delivering building materials and equipment, enhancing operational efficiency through deep integration with various order management systems.

TOOLBX

Seed Round in 2020
TOOLBX Inc. is a technology company based in Toronto, Canada, that specializes in designing and developing applications tailored for builders, contractors, and renovators. Founded in 2016, the company has created a platform that streamlines the procurement of construction materials, allowing users to efficiently order products from suppliers. The app features options for order placement, delivery, and unloading, ensuring that materials are available when needed. Additionally, TOOLBX offers job site and crew management services, enhancing productivity and efficiency in the construction process. The platform's extensive catalog and customized ordering capabilities enable clients to manage multiple job sites effectively, facilitating convenient deliveries and itemized billing.

INDUS.AI

Series A in 2019
INDUS.AI is a construction intelligence platform that provides real-time visibility into construction sites for real estate investors, owners, developers, and general contractors. The platform uses live video from secure cameras to identify inefficiencies, monitor productivity, and surface risks, enabling project teams to optimize labor, equipment, and materials, reconcile over-billed charges, and adjust schedules. It aims to improve safety, efficiency, and transparency on projects. Founded in 2017, INDUS.AI has offices in San Francisco and Toronto and serves clients in the United States, Canada, Hong Kong, and Brazil.
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