Navitas Capital

Navitas Capital is a California-based venture capital firm that backs technology-driven companies in the built environment, with focus on real estate and construction sectors. Founded around 2008–2009 and based in the Los Angeles area, it provides venture capital investment along with industry expertise and market access to portfolio companies.

Gary Dillabough

Managing Partner

Madison Gesser

Senior Associate

Mike Heller

Principal

Chris Longman

Senior Associate

James Pettit

Co-Founder and Senior Advisor

Travis Putnam

Managing Partner

Louis Schotsky

Managing Partner

Jenny Song

Principal

Past deals in Commercial Real Estate

SwiftConnect

Series B in 2024
SwiftConnect is a developer of an innovative access network that streamlines building access and visitor management for commercial real estate owners and enterprises across various sectors, including financial services, life sciences, and technology. The company's platform is designed to integrate seamlessly with existing mobile applications, credential technologies, and business systems, allowing for centralized access management. SwiftConnect offers a hardware-agnostic ecosystem that supports contactless mobile access and efficient access control systems, enabling property managers and enterprise companies to manage access across their entire real estate portfolios through a single management portal. By focusing on creating connected access experiences, SwiftConnect enhances security and convenience in property management.

EliseAI

Series D in 2024
EliseAI is an artificial intelligence company specializing in developing a conversational platform aimed at automating business processes. The company's primary offering is a virtual leasing assistant designed for the rental housing sector, which aids real estate management companies by efficiently managing inquiries, scheduling property viewings, and providing timely follow-ups with prospects. This tool enhances customer service, maximizes revenue potential, and helps apartment managers reduce property management costs. By utilizing machine learning, EliseAI's platform ensures that no lead is overlooked, streamlining operations for businesses of all sizes in the real estate industry.

Bowery Valuation

Series B in 2023
Bowery Valuation is a New York-based company founded in 2015 that specializes in cloud-based appraisal software and mobile applications. The company provides its appraisers with innovative tools that enable them to produce comprehensive commercial appraisal reports more than twice as quickly as their leading competitors. By utilizing a robust backend database and natural language generation technology, Bowery enhances efficiency, quality, and consistency across its operations. This approach allows appraisers to deliver more consistent reports at a reduced cost and within shorter timeframes, positioning Bowery as a significant player in the appraisal industry.

EliseAI

Series C in 2023
EliseAI is an artificial intelligence company specializing in developing a conversational platform aimed at automating business processes. The company's primary offering is a virtual leasing assistant designed for the rental housing sector, which aids real estate management companies by efficiently managing inquiries, scheduling property viewings, and providing timely follow-ups with prospects. This tool enhances customer service, maximizes revenue potential, and helps apartment managers reduce property management costs. By utilizing machine learning, EliseAI's platform ensures that no lead is overlooked, streamlining operations for businesses of all sizes in the real estate industry.

Gridium

Venture Round in 2023
Gridium Inc. is a software company based in Menlo Park, California, established in 2011. It specializes in developing building operations and energy management solutions tailored for the commercial and industrial sectors. The company’s software focuses on optimizing energy consumption by providing comprehensive data analysis and tracking features. This enables energy users to lower their energy costs, enhance maintenance operations, and efficiently coordinate with vendors. By analyzing data from smart meters, Gridium's solutions streamline maintenance collaboration and improve overall building performance while ensuring occupant satisfaction.

SwiftConnect

Series A in 2022
SwiftConnect is a developer of an innovative access network that streamlines building access and visitor management for commercial real estate owners and enterprises across various sectors, including financial services, life sciences, and technology. The company's platform is designed to integrate seamlessly with existing mobile applications, credential technologies, and business systems, allowing for centralized access management. SwiftConnect offers a hardware-agnostic ecosystem that supports contactless mobile access and efficient access control systems, enabling property managers and enterprise companies to manage access across their entire real estate portfolios through a single management portal. By focusing on creating connected access experiences, SwiftConnect enhances security and convenience in property management.

SwiftConnect

Seed Round in 2021
SwiftConnect is a developer of an innovative access network that streamlines building access and visitor management for commercial real estate owners and enterprises across various sectors, including financial services, life sciences, and technology. The company's platform is designed to integrate seamlessly with existing mobile applications, credential technologies, and business systems, allowing for centralized access management. SwiftConnect offers a hardware-agnostic ecosystem that supports contactless mobile access and efficient access control systems, enabling property managers and enterprise companies to manage access across their entire real estate portfolios through a single management portal. By focusing on creating connected access experiences, SwiftConnect enhances security and convenience in property management.

EliseAI

Series B in 2021
EliseAI is an artificial intelligence company specializing in developing a conversational platform aimed at automating business processes. The company's primary offering is a virtual leasing assistant designed for the rental housing sector, which aids real estate management companies by efficiently managing inquiries, scheduling property viewings, and providing timely follow-ups with prospects. This tool enhances customer service, maximizes revenue potential, and helps apartment managers reduce property management costs. By utilizing machine learning, EliseAI's platform ensures that no lead is overlooked, streamlining operations for businesses of all sizes in the real estate industry.

Bowery Valuation

Series B in 2021
Bowery Valuation is a New York-based company founded in 2015 that specializes in cloud-based appraisal software and mobile applications. The company provides its appraisers with innovative tools that enable them to produce comprehensive commercial appraisal reports more than twice as quickly as their leading competitors. By utilizing a robust backend database and natural language generation technology, Bowery enhances efficiency, quality, and consistency across its operations. This approach allows appraisers to deliver more consistent reports at a reduced cost and within shorter timeframes, positioning Bowery as a significant player in the appraisal industry.

Cherre

Series B in 2021
Cherre operates a cloud-based platform that collects, resolves, and manages both public and private real estate data. The company provides tools for document analysis, price evaluation, asset reporting, and real-time data dashboards, catering to agents, investors, insurers, enterprises, and service providers in the real estate industry. Cherre's platform enables clients to automate workflows, optimize processes, reduce risks, and identify opportunities by enhancing data quality and governance. The company partners with major data providers and solution providers to create an ecosystem that supports comprehensive data needs for its clients. Founded in 2016 and based in New York, Cherre aims to improve decision-making confidence through better data management.

HqO

Series C in 2021
HqO, Inc. operates a Software-as-a-Service tenant engagement platform tailored for commercial real estate professionals. The platform enables landlords to foster community and enhance tenant experiences by providing a mobile application that connects tenants to building amenities and each other, as well as integrating with building systems. It allows tenants to access features such as building entry via smartphone, shuttle tracking, and food ordering. Additionally, HqO's offerings include analytics, mobile access, transit data, alerts, and smart building solutions. The company serves a diverse clientele, including property owners, asset managers, property managers, real estate brokers, and tenants. Founded in 2015 and based in Boston, Massachusetts, HqO also has offices in London and Paris. The company was previously known as VentureApp Inc. before rebranding in January 2018.

EliseAI

Series A in 2020
EliseAI is an artificial intelligence company specializing in developing a conversational platform aimed at automating business processes. The company's primary offering is a virtual leasing assistant designed for the rental housing sector, which aids real estate management companies by efficiently managing inquiries, scheduling property viewings, and providing timely follow-ups with prospects. This tool enhances customer service, maximizes revenue potential, and helps apartment managers reduce property management costs. By utilizing machine learning, EliseAI's platform ensures that no lead is overlooked, streamlining operations for businesses of all sizes in the real estate industry.

Cherre

Series A in 2020
Cherre operates a cloud-based platform that collects, resolves, and manages both public and private real estate data. The company provides tools for document analysis, price evaluation, asset reporting, and real-time data dashboards, catering to agents, investors, insurers, enterprises, and service providers in the real estate industry. Cherre's platform enables clients to automate workflows, optimize processes, reduce risks, and identify opportunities by enhancing data quality and governance. The company partners with major data providers and solution providers to create an ecosystem that supports comprehensive data needs for its clients. Founded in 2016 and based in New York, Cherre aims to improve decision-making confidence through better data management.

HqO

Series B in 2019
HqO, Inc. operates a Software-as-a-Service tenant engagement platform tailored for commercial real estate professionals. The platform enables landlords to foster community and enhance tenant experiences by providing a mobile application that connects tenants to building amenities and each other, as well as integrating with building systems. It allows tenants to access features such as building entry via smartphone, shuttle tracking, and food ordering. Additionally, HqO's offerings include analytics, mobile access, transit data, alerts, and smart building solutions. The company serves a diverse clientele, including property owners, asset managers, property managers, real estate brokers, and tenants. Founded in 2015 and based in Boston, Massachusetts, HqO also has offices in London and Paris. The company was previously known as VentureApp Inc. before rebranding in January 2018.

Livly

Seed Round in 2019
Livly is a technology-driven property management platform for residential and commercial real estate. The platform serves developers, property operators, and third-party management companies by enabling rent payments, maintenance requests, package alerts and deliveries, resident communications, amenity reservations, and community event management. It also provides portfolio management tools, an AI-powered maintenance assistant, and analytics that support renewal predictions and sentiment insights to improve operational performance and resident experience. Founded in 2017 and based in Chicago, Livly helps property managers streamline operations, engage residents, and foster a sense of community.

EliseAI

Seed Round in 2019
EliseAI is an artificial intelligence company specializing in developing a conversational platform aimed at automating business processes. The company's primary offering is a virtual leasing assistant designed for the rental housing sector, which aids real estate management companies by efficiently managing inquiries, scheduling property viewings, and providing timely follow-ups with prospects. This tool enhances customer service, maximizes revenue potential, and helps apartment managers reduce property management costs. By utilizing machine learning, EliseAI's platform ensures that no lead is overlooked, streamlining operations for businesses of all sizes in the real estate industry.

Truss

Series A in 2019
Truss Holdings, Inc. operates an online marketplace that simplifies the leasing process for small and medium-sized businesses seeking office, co-working, industrial, and retail spaces. Founded in 2016 and based in Deerfield, Illinois, its platform employs machine learning to match businesses with suitable properties, allowing users to virtually tour listings, compare prices, and manage lease documents seamlessly. The company offers dedicated brokers to support clients throughout the process, ensuring a smooth experience. Truss is noted for its commitment to price transparency, enabling business owners to compare costs of traditional office and co-working spaces effectively. Through its technology-driven approach, Truss provides a cost-effective solution for businesses looking to find the right space quickly and confidently.

Bowery Valuation

Series A in 2018
Bowery Valuation is a New York-based company founded in 2015 that specializes in cloud-based appraisal software and mobile applications. The company provides its appraisers with innovative tools that enable them to produce comprehensive commercial appraisal reports more than twice as quickly as their leading competitors. By utilizing a robust backend database and natural language generation technology, Bowery enhances efficiency, quality, and consistency across its operations. This approach allows appraisers to deliver more consistent reports at a reduced cost and within shorter timeframes, positioning Bowery as a significant player in the appraisal industry.

Cherre

Seed Round in 2018
Cherre operates a cloud-based platform that collects, resolves, and manages both public and private real estate data. The company provides tools for document analysis, price evaluation, asset reporting, and real-time data dashboards, catering to agents, investors, insurers, enterprises, and service providers in the real estate industry. Cherre's platform enables clients to automate workflows, optimize processes, reduce risks, and identify opportunities by enhancing data quality and governance. The company partners with major data providers and solution providers to create an ecosystem that supports comprehensive data needs for its clients. Founded in 2016 and based in New York, Cherre aims to improve decision-making confidence through better data management.

HqO

Seed Round in 2018
HqO, Inc. operates a Software-as-a-Service tenant engagement platform tailored for commercial real estate professionals. The platform enables landlords to foster community and enhance tenant experiences by providing a mobile application that connects tenants to building amenities and each other, as well as integrating with building systems. It allows tenants to access features such as building entry via smartphone, shuttle tracking, and food ordering. Additionally, HqO's offerings include analytics, mobile access, transit data, alerts, and smart building solutions. The company serves a diverse clientele, including property owners, asset managers, property managers, real estate brokers, and tenants. Founded in 2015 and based in Boston, Massachusetts, HqO also has offices in London and Paris. The company was previously known as VentureApp Inc. before rebranding in January 2018.

Bowery Valuation

Seed Round in 2018
Bowery Valuation is a New York-based company founded in 2015 that specializes in cloud-based appraisal software and mobile applications. The company provides its appraisers with innovative tools that enable them to produce comprehensive commercial appraisal reports more than twice as quickly as their leading competitors. By utilizing a robust backend database and natural language generation technology, Bowery enhances efficiency, quality, and consistency across its operations. This approach allows appraisers to deliver more consistent reports at a reduced cost and within shorter timeframes, positioning Bowery as a significant player in the appraisal industry.

Honest Buildings

Series B in 2017
Honest Buildings operates a cloud-based platform for commercial real estate owners, streamlining project management and procurement processes. Its software automates bid management, standardizes reporting, and increases transparency, enabling users to centralize cost tracking and accelerate project delivery.

Truss

Series A in 2017
Truss Holdings, Inc. operates an online marketplace that simplifies the leasing process for small and medium-sized businesses seeking office, co-working, industrial, and retail spaces. Founded in 2016 and based in Deerfield, Illinois, its platform employs machine learning to match businesses with suitable properties, allowing users to virtually tour listings, compare prices, and manage lease documents seamlessly. The company offers dedicated brokers to support clients throughout the process, ensuring a smooth experience. Truss is noted for its commitment to price transparency, enabling business owners to compare costs of traditional office and co-working spaces effectively. Through its technology-driven approach, Truss provides a cost-effective solution for businesses looking to find the right space quickly and confidently.

Aquicore

Series A in 2016
Aquicore, Inc. is a technology company specializing in smart building solutions aimed at enhancing operational efficiency within the commercial real estate sector. Founded in 2011 and based in Washington, D.C., Aquicore offers a cloud-based platform that integrates energy management and building connectivity. This platform utilizes advanced analytics and artificial intelligence to collect and analyze building data, enabling property and engineering teams to optimize operations. Aquicore's services include consolidating utility accounts for effective budget management, automating billing processes, and providing actionable insights to improve energy performance. Additionally, the company's focus on environmental, social, and governance (ESG) metrics allows businesses to track and report on sustainability goals while identifying areas for energy reduction and cost savings. Through these solutions, Aquicore supports organizations in their efforts to enhance building performance and achieve decarbonization objectives.

Gridium

Series A in 2013
Gridium Inc. is a software company based in Menlo Park, California, established in 2011. It specializes in developing building operations and energy management solutions tailored for the commercial and industrial sectors. The company’s software focuses on optimizing energy consumption by providing comprehensive data analysis and tracking features. This enables energy users to lower their energy costs, enhance maintenance operations, and efficiently coordinate with vendors. By analyzing data from smart meters, Gridium's solutions streamline maintenance collaboration and improve overall building performance while ensuring occupant satisfaction.

View

Series D in 2012
View, Inc., established in 2006 and headquartered in Milpitas, California, specializes in designing and manufacturing intelligent glass systems for various sectors, including workplace, healthcare, education, and hospitality. The company's flagship product, View Smart Windows, employs AI to automatically adjust in response to sunlight, enhancing natural light access and occupant experience, while minimizing heat and glare, and reducing energy consumption. Each View installation also includes a cloud-connected smart building platform, enabling further building optimization. With operations in the U.S. and internationally, View has improved over 90 million square feet of buildings, ranging from offices to multifamily residences.

Gridium

Venture Round in 2012
Gridium Inc. is a software company based in Menlo Park, California, established in 2011. It specializes in developing building operations and energy management solutions tailored for the commercial and industrial sectors. The company’s software focuses on optimizing energy consumption by providing comprehensive data analysis and tracking features. This enables energy users to lower their energy costs, enhance maintenance operations, and efficiently coordinate with vendors. By analyzing data from smart meters, Gridium's solutions streamline maintenance collaboration and improve overall building performance while ensuring occupant satisfaction.

View

Series C in 2010
View, Inc., established in 2006 and headquartered in Milpitas, California, specializes in designing and manufacturing intelligent glass systems for various sectors, including workplace, healthcare, education, and hospitality. The company's flagship product, View Smart Windows, employs AI to automatically adjust in response to sunlight, enhancing natural light access and occupant experience, while minimizing heat and glare, and reducing energy consumption. Each View installation also includes a cloud-connected smart building platform, enabling further building optimization. With operations in the U.S. and internationally, View has improved over 90 million square feet of buildings, ranging from offices to multifamily residences.
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