Navitas Capital

Navitas Capital is a California-based venture capital firm that focuses on technology investments for the built environment, with an emphasis on real estate and construction; founded around 2009, it provides capital, industry expertise and market access to portfolio companies, helping them scale in the United States; the firm operates as a registered investment adviser and is headquartered in Los Angeles, concentrating on early-stage software and related technologies that improve real estate development, property management, and construction workflows.

Gary Dillabough

Venture Partner

Madison Gesser

Senior Associate

Mike Heller

Senior Associate

Chris Longman

Senior Associate

James Pettit

Co-Founder and Managing Partner

Travis Putnam

Managing Partner

Jenny Song

Principal

Michael Spies

Venture Partner

Past deals in Residential Real Estate

EliseAI

Series D in 2024
EliseAI develops a conversational AI platform that automates communications and workflows in housing and healthcare operations. The platform provides multi-channel support (voice, text, email, and chat) and automates activities such as responding to leads, answering prospective tenant questions, scheduling tours, and following up on paperwork. It serves property managers in rental housing to enhance service quality and reduce property management costs, and supports healthcare providers to improve operational efficiency. By streamlining routine interactions, EliseAI aims to increase responsiveness and productivity across lease and care processes.

Cosmic

Pre Seed Round in 2024
Cosmic is a provider of an end-to-end platform for designing homes and managing construction-related data.

EliseAI

Series C in 2023
EliseAI develops a conversational AI platform that automates communications and workflows in housing and healthcare operations. The platform provides multi-channel support (voice, text, email, and chat) and automates activities such as responding to leads, answering prospective tenant questions, scheduling tours, and following up on paperwork. It serves property managers in rental housing to enhance service quality and reduce property management costs, and supports healthcare providers to improve operational efficiency. By streamlining routine interactions, EliseAI aims to increase responsiveness and productivity across lease and care processes.

Lessen

Venture Round in 2023
Lessen is a technology-driven company that provides comprehensive outsourced property services for real estate rental assets, primarily focusing on single-family and multifamily renovations, turnovers, and maintenance. The company's platform facilitates seamless connections between real estate owners and service providers, offering on-demand resources and predictable service costs. Through its proprietary technology suite, Lessen enhances project management by incorporating automation and real-time analytics, thereby modernizing traditional processes in the industry. The company employs professional field project managers who ensure quality service and leverage a network of vetted service professionals across more than 40 markets nationwide. Lessen's approach enables efficient job verification, timely maintenance, and consistent service delivery for property owners and service providers alike.

Lessen

Series B in 2021
Lessen is a technology-driven company that provides comprehensive outsourced property services for real estate rental assets, primarily focusing on single-family and multifamily renovations, turnovers, and maintenance. The company's platform facilitates seamless connections between real estate owners and service providers, offering on-demand resources and predictable service costs. Through its proprietary technology suite, Lessen enhances project management by incorporating automation and real-time analytics, thereby modernizing traditional processes in the industry. The company employs professional field project managers who ensure quality service and leverage a network of vetted service professionals across more than 40 markets nationwide. Lessen's approach enables efficient job verification, timely maintenance, and consistent service delivery for property owners and service providers alike.

Landed

Series B in 2021
Landed, Inc. is a financial services company based in San Francisco that assists essential professionals, particularly in education and healthcare, in purchasing homes and achieving financial stability within their communities. Founded in 2015, Landed provides debt-free financing options, allowing homebuyers to receive funds in exchange for a share of their home's value upon refinancing or selling. The company collaborates with schools, employers, and affinity networks to establish and manage down payment support funds, facilitating access to homeownership for teachers, school staff, and other professionals. Additionally, Landed offers personalized support through a dedicated team, including partner agents and homebuying experts, to help clients navigate their home-buying options and provide education on the process.

EliseAI

Series B in 2021
EliseAI develops a conversational AI platform that automates communications and workflows in housing and healthcare operations. The platform provides multi-channel support (voice, text, email, and chat) and automates activities such as responding to leads, answering prospective tenant questions, scheduling tours, and following up on paperwork. It serves property managers in rental housing to enhance service quality and reduce property management costs, and supports healthcare providers to improve operational efficiency. By streamlining routine interactions, EliseAI aims to increase responsiveness and productivity across lease and care processes.

Lessen

Series A in 2021
Lessen is a technology-driven company that provides comprehensive outsourced property services for real estate rental assets, primarily focusing on single-family and multifamily renovations, turnovers, and maintenance. The company's platform facilitates seamless connections between real estate owners and service providers, offering on-demand resources and predictable service costs. Through its proprietary technology suite, Lessen enhances project management by incorporating automation and real-time analytics, thereby modernizing traditional processes in the industry. The company employs professional field project managers who ensure quality service and leverage a network of vetted service professionals across more than 40 markets nationwide. Lessen's approach enables efficient job verification, timely maintenance, and consistent service delivery for property owners and service providers alike.

Lessen

Seed Round in 2021
Lessen is a technology-driven company that provides comprehensive outsourced property services for real estate rental assets, primarily focusing on single-family and multifamily renovations, turnovers, and maintenance. The company's platform facilitates seamless connections between real estate owners and service providers, offering on-demand resources and predictable service costs. Through its proprietary technology suite, Lessen enhances project management by incorporating automation and real-time analytics, thereby modernizing traditional processes in the industry. The company employs professional field project managers who ensure quality service and leverage a network of vetted service professionals across more than 40 markets nationwide. Lessen's approach enables efficient job verification, timely maintenance, and consistent service delivery for property owners and service providers alike.

Sundae

Series B in 2020
Sundae is a residential real estate marketplace designed to assist homeowners in selling their properties off-market. The company's platform caters specifically to individuals looking to sell dated or damaged homes without the hassle of traditional real estate processes, which often involve repairs, cleaning, and showings. Sundae allows sellers to list their homes as-is and on their own timeline, streamlining the selling experience. By connecting homeowners with a broad network of local investors, Sundae ensures that sellers receive competitive off-market prices for their properties, thus providing a fair alternative to conventional home sales.

Orchard

Series C in 2020
Orchard is a real estate company that enables home buyers and sellers to transact through a technology-enabled platform and related services. The platform connects users with licensed agents and provides tools such as equity advance loans, listing support, pricing analysis, and concierge upgrades, while integrating mortgage and title services. This approach allows homeowners to purchase a new home before selling their current one, reducing contingent offers and other traditional sale-related inconveniences. Beyond its platform, Orchard offers comprehensive home buying and selling services delivered through its network, focusing on streamlining transactions and improving move experiences.

EliseAI

Series A in 2020
EliseAI develops a conversational AI platform that automates communications and workflows in housing and healthcare operations. The platform provides multi-channel support (voice, text, email, and chat) and automates activities such as responding to leads, answering prospective tenant questions, scheduling tours, and following up on paperwork. It serves property managers in rental housing to enhance service quality and reduce property management costs, and supports healthcare providers to improve operational efficiency. By streamlining routine interactions, EliseAI aims to increase responsiveness and productivity across lease and care processes.

Orchard

Series B in 2020
Orchard is a real estate company that enables home buyers and sellers to transact through a technology-enabled platform and related services. The platform connects users with licensed agents and provides tools such as equity advance loans, listing support, pricing analysis, and concierge upgrades, while integrating mortgage and title services. This approach allows homeowners to purchase a new home before selling their current one, reducing contingent offers and other traditional sale-related inconveniences. Beyond its platform, Orchard offers comprehensive home buying and selling services delivered through its network, focusing on streamlining transactions and improving move experiences.

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 develops a conversational AI platform that automates communications and workflows in housing and healthcare operations. The platform provides multi-channel support (voice, text, email, and chat) and automates activities such as responding to leads, answering prospective tenant questions, scheduling tours, and following up on paperwork. It serves property managers in rental housing to enhance service quality and reduce property management costs, and supports healthcare providers to improve operational efficiency. By streamlining routine interactions, EliseAI aims to increase responsiveness and productivity across lease and care processes.
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