Nine Four Ventures

Nine Four Ventures is a multi-stage venture capital firm based in Chicago, Illinois, founded in 2018. The firm specializes in investing in the property technology sector, focusing on companies that influence the people, processes, and ecosystems associated with the built environment. By targeting innovations within PropTech, Nine Four Ventures aims to support advancements that enhance the interaction between individuals and the infrastructure they utilize.

Jeffrey Elowe

Founder and General Partner

Sophia Ghadamian

Principal

Paul La Londe

Partner

Avi Pradhan

Analyst

41 past transactions

Steadily

Series C in 2025
Steadily operates an online insurance platform that specializes in providing landlord insurance tailored for short-term rental property managers. The platform allows landlords to easily secure property insurance coverage by pre-filling essential data points such as property size and year of construction, streamlining the process of obtaining quotes. Steadily's insurance offerings include protection against various potential damages, including those caused by weather, fire, water, vandalism, as well as liability coverage for guest injuries and lawsuits. This service complements Guesty's existing suite of tools designed to enhance communications, operations, growth, and financial management for property managers, thereby adding valuable resources to facilitate property management in the short-term rental market.

Latii

Seed Round in 2024
Latii is a producer and supplier of building materials, specializing in windows and doors, structural steel, metal, casting, and fastening products. The company also operates a cloud-based supply chain platform designed to streamline the sourcing of technology for construction precision parts. This platform includes features for reviewing projects, obtaining free quotes, and managing documents, all aimed at enhancing quality and efficiency in the construction industry. Through these offerings, Latii supports various aspects of construction, ensuring that businesses have access to reliable materials and innovative solutions for their projects.

Torque AI

Pre Seed Round in 2024
Conversational AI built for construction field teams

Mia Share

Seed Round in 2024
Mia Share is a developer of a payment platform designed to support trade and technical schools in providing accessible education financing solutions. The company specializes in creating, managing, and funding custom tuition services that focus on enhancing student outcomes. Mia Share offers a range of payment options, including single payments, income share agreements, and flexible payment plans. By utilizing specialized software and dedicated human support, Mia Share aims to empower more students to pursue quality education while assisting partner schools in improving enrollment and retention rates. Through its innovative approach, Mia Share strives to connect students with affordable educational opportunities.

Inspectify

Venture Round in 2023
Inspectify is a developer of a vertically integrated property inspection platform that aims to enhance the home inspection process for inspectors, real estate professionals, and homebuyers. By combining a network of licensed home inspectors with advanced inspection software, Inspectify creates a more efficient and engaging experience for its clients. The platform serves a diverse range of users, including institutional and retail real estate investors, property managers, lenders, insurance carriers, and real estate brokerages across the nation. Inspectify's innovative approach seeks to streamline property inspections, facilitating a smoother transition for buyers into homeownership.

Bowery Valuation

Series B in 2023
Bowery Valuation, founded in 2015 and based in New York, specializes in cloud-based appraisal software and mobile applications designed for commercial real estate appraisal. The company's technology enables appraisers to generate full appraisal reports more than twice as quickly as traditional methods. By leveraging a robust backend database and a natural language generator, Bowery Valuation enhances efficiency, quality, and consistency across appraisal firms. This allows appraisers to produce reports more consistently and at a lower cost, streamlining the appraisal process in the commercial real estate sector.

Steadily

Series B in 2023
Steadily operates an online insurance platform that specializes in providing landlord insurance tailored for short-term rental property managers. The platform allows landlords to easily secure property insurance coverage by pre-filling essential data points such as property size and year of construction, streamlining the process of obtaining quotes. Steadily's insurance offerings include protection against various potential damages, including those caused by weather, fire, water, vandalism, as well as liability coverage for guest injuries and lawsuits. This service complements Guesty's existing suite of tools designed to enhance communications, operations, growth, and financial management for property managers, thereby adding valuable resources to facilitate property management in the short-term rental market.

Latii

Pre Seed Round in 2023
Latii is a producer and supplier of building materials, specializing in windows and doors, structural steel, metal, casting, and fastening products. The company also operates a cloud-based supply chain platform designed to streamline the sourcing of technology for construction precision parts. This platform includes features for reviewing projects, obtaining free quotes, and managing documents, all aimed at enhancing quality and efficiency in the construction industry. Through these offerings, Latii supports various aspects of construction, ensuring that businesses have access to reliable materials and innovative solutions for their projects.

Finley Technologies

Series A in 2023
Finley Technologies is a developer of software that simplifies debt capital raising and management for growing companies. Its platform automates various aspects of debt capital operations, including due diligence and compliance, while centralizing organizational knowledge. This functionality allows customers to effectively manage ongoing reporting with their capital providers. Notable clients, such as Ramp, utilize Finley's solutions to oversee substantial amounts of debt capital. The team at Finley possesses expertise from prominent financial institutions and technology firms, and the company is supported by reputable investors.

Kojo

Series C in 2022
Kojo is a cloud-based construction management software company that provides an all-in-one platform for contractors to manage their material and inventory needs. Founded in 2018 and based in San Francisco, Kojo's system focuses on streamlining materials management and procurement processes, enhancing profitability for construction companies. By integrating various stakeholders, including field teams, procurement, and distributors, Kojo simplifies the supply chain through automation, facilitating the ordering and tracking of materials. This approach enables contractors to ensure timely delivery of materials to job sites, thereby improving operational efficiency.

Vergo

Seed Round in 2022
Vergo is a financial technology company that specializes in automating accounting and finance processes for construction businesses. It offers tools designed for expense management, allowing users to track expenses, create team cards, and manage cash flows effectively. By integrating seamlessly with existing accounting systems, Vergo helps designers, builders, and architects streamline their project finances, ultimately enhancing profit margins. The company's solutions aim to reduce manual tasks, thereby increasing efficiency and enabling construction professionals to focus on their core activities.

Branch

Series A in 2022
Branch is an office furniture brand focused on simplifying the process of furnishing workplaces for growing teams. Recognizing that traditional office furniture has remained largely unchanged for decades, Branch offers a modern solution that includes the manufacturing and retailing of premium office furniture. The company provides a comprehensive service that encompasses delivery, assembly, and space design, ensuring that clients can easily create functional office environments. Additionally, Branch facilitates the flexible trade-in of used furniture, allowing businesses to adapt their office setups as needs evolve. By prioritizing affordability and ease of use, Branch aims to enhance the office experience for the 21st century.

Vontive

Series B in 2022
Vontive is an innovative embedded mortgage platform designed to streamline the financing of investment properties. It offers a no-code, white-label solution that enables businesses serving real estate investors to establish their own mortgage services within a short timeframe. This platform not only creates a new revenue stream for retail brands but also integrates financial institutions through a debt marketplace, allowing new investors to participate in the real estate market. Founded by experienced professionals from Freddie Mac and Palantir, Vontive simplifies capital allocation and provides real estate investors with access to predictable and cost-effective financing, enhancing their ability to compete with cash buyers.

OpenSpace

Series D in 2022
OpenSpace is a technology company founded in 2017 and headquartered in San Francisco, California, that specializes in automated 360-degree video capture and mapping for the construction industry. Its core product captures images every half-second and automatically integrates them with project plans, offering builders a comprehensive view of job sites from preconstruction to operations. By employing artificial intelligence, OpenSpace enables the creation of navigable photo representations of construction sites, significantly enhancing data capture speed compared to traditional methods. Additionally, the company's Clear Sight product suite provides AI-powered analytics to quantify project progress, facilitating collaboration and risk reduction in construction workflows.

Ease Capital

Seed Round in 2022
Ease Capital is a technology-enabled commercial mortgage lender specializing in multifamily real estate financing. The company offers flexible financing solutions ranging from $5 million to over $35 million for multifamily and mixed-use properties across the United States. Founded by a team with extensive experience in real estate lending, data, and technology, Ease Capital integrates hands-on asset management into its operations. The firm provides a variety of floating rate loan products, including bridge loans, bridge-to-permanent loans, and floating-rate permanent financing for stabilized or nearly stabilized assets. By leveraging a human-centric, technology-driven approach, Ease Capital aims to facilitate the loan approval process, connecting borrowers with suitable loan officers and making real estate ownership more accessible.

AgentSync

Series B in 2021
AgentSync, Inc. is a company based in Denver, Colorado, that specializes in developing applications for the insurance industry. Founded in 2018, it provides solutions aimed at automating licensing and compliance for insurance carriers, agencies, and producers. The company offers a range of services that include real-time data integration, producer onboarding, automated license verification, and compliance monitoring. By focusing on customer-centric design and seamless integration through APIs, AgentSync enhances operational efficiency and reduces friction in processes like broker onboarding, contracting, and licensing. Its modern tools facilitate the connection between carriers, agencies, and managing general agents while ensuring compliance and supporting growth in the insurance sector.

Steadily

Series A in 2021
Steadily operates an online insurance platform that specializes in providing landlord insurance tailored for short-term rental property managers. The platform allows landlords to easily secure property insurance coverage by pre-filling essential data points such as property size and year of construction, streamlining the process of obtaining quotes. Steadily's insurance offerings include protection against various potential damages, including those caused by weather, fire, water, vandalism, as well as liability coverage for guest injuries and lawsuits. This service complements Guesty's existing suite of tools designed to enhance communications, operations, growth, and financial management for property managers, thereby adding valuable resources to facilitate property management in the short-term rental market.

Inspectify

Series A in 2021
Inspectify is a developer of a vertically integrated property inspection platform that aims to enhance the home inspection process for inspectors, real estate professionals, and homebuyers. By combining a network of licensed home inspectors with advanced inspection software, Inspectify creates a more efficient and engaging experience for its clients. The platform serves a diverse range of users, including institutional and retail real estate investors, property managers, lenders, insurance carriers, and real estate brokerages across the nation. Inspectify's innovative approach seeks to streamline property inspections, facilitating a smoother transition for buyers into homeownership.

Pronto Housing

Seed Round in 2021
Pronto Housing specializes in simplifying the compliance processes associated with affordable housing. The company offers a software platform that streamlines resident qualification and annual compliance for various affordable housing programs. By digitizing past compliance files and facilitating certification and marketing administration, Pronto Housing enables property owners and renters to expedite the initial leasing process and manage ongoing compliance requirements efficiently. This approach aims to reduce the complexity of affordable housing operations, benefiting both property owners and residents.

Bridgit

Series B in 2021
Bridgit is an Australian privately owned non-bank lender. At Bridgit, it is our mission to revolutionise property financing and offer Australians a solution that helps them progress in life, without any of the red tape. When it comes to buying property it can be very competitive and difficult to find the perfect home, a Bridgit loan is a great option for homeowners who want to buy on their terms by finding their next home without having to sell first. Through the use of technology we make it easy, with a 5 minute online application, same day approval and no monthly repayments you can focus on the important things. It is all about giving hard working Australians the opportunity to make progress in their lives, without the hold backs.

Built Technologies

Series D in 2021
Built Technologies, Inc. is an enterprise technology company that specializes in a cloud-based construction loan administration and draw management platform. Founded in 2014 and headquartered in Nashville, Tennessee, the company aims to mitigate risk and enhance productivity in the construction lending process. Its platform provides features such as file management, custom draw workflows, reporting, and risk management, allowing for real-time visibility into construction portfolios. By streamlining the complex loan administration process, Built Technologies enables various stakeholders—including lenders, borrowers, builders, developers, consultants, and inspectors—to reduce construction loan risk, improve loan profitability, and simplify compliance. The company, originally known as DataFi, LLC, rebranded to Built Technologies in 2015.

Bungalow

Series C in 2021
Bungalow is a residential real estate platform that facilitates flexible and communal living arrangements for renters, particularly targeting early career professionals. Founded in 2016 by Andrew Collins and Justin McCarty, the company is headquartered in San Francisco, California. Bungalow signs long-term leases with homeowners to offer multi-bedroom homes in desirable urban neighborhoods across the United States. Each property features private bedrooms with handpicked housemates, and comes fully furnished with essential amenities such as Wi-Fi, utilities, and housekeeping. Additionally, Bungalow organizes monthly community events to foster social interaction among residents. By addressing the needs of modern renters, Bungalow provides a convenient solution for those seeking quality living environments while cultivating a sense of community.

TrustLayer

Series A in 2021
TrustLayer is an insurtech solutions company that focuses on automating insurance verification through the use of machine learning and artificial intelligence. Its collaborative risk management platform aims to reduce friction between businesses by streamlining the verification and tracking of insurance certificates, licenses, and other compliance documents. By employing robotic process automation tools, TrustLayer helps organizations eliminate manual, error-prone workflows, increasing insurance compliance and reducing organizational risk. The company serves clients across multiple billion-dollar industries, including construction and property management, who value the platform's ease of use and its ability to enhance vendor compliance while supporting various use cases.

Kojo

Series B in 2021
Kojo is a cloud-based construction management software company that provides an all-in-one platform for contractors to manage their material and inventory needs. Founded in 2018 and based in San Francisco, Kojo's system focuses on streamlining materials management and procurement processes, enhancing profitability for construction companies. By integrating various stakeholders, including field teams, procurement, and distributors, Kojo simplifies the supply chain through automation, facilitating the ordering and tracking of materials. This approach enables contractors to ensure timely delivery of materials to job sites, thereby improving operational efficiency.

Bowery Valuation

Series B in 2021
Bowery Valuation, founded in 2015 and based in New York, specializes in cloud-based appraisal software and mobile applications designed for commercial real estate appraisal. The company's technology enables appraisers to generate full appraisal reports more than twice as quickly as traditional methods. By leveraging a robust backend database and a natural language generator, Bowery Valuation enhances efficiency, quality, and consistency across appraisal firms. This allows appraisers to produce reports more consistently and at a lower cost, streamlining the appraisal process in the commercial real estate sector.

Handdii

Seed Round in 2021
handdii operates as an online marketplace that facilitates direct connections between customers and contractors for insurance companies. The platform addresses the challenges associated with traditional property insurance claims, which can often be complicated and time-consuming. By streamlining communication among customers, contractors, and insurance adjusters, handdii enhances transparency and allows for detailed reporting on claim progress. This efficient process aims to reduce claims costs for insurance companies while improving customer satisfaction. handdii focuses on empowering customers and enabling tradespeople to deliver effective solutions, allowing clients to concentrate on their lives rather than navigating cumbersome claim procedures.

Finley Technologies

Seed Round in 2021
Finley Technologies is a developer of software that simplifies debt capital raising and management for growing companies. Its platform automates various aspects of debt capital operations, including due diligence and compliance, while centralizing organizational knowledge. This functionality allows customers to effectively manage ongoing reporting with their capital providers. Notable clients, such as Ramp, utilize Finley's solutions to oversee substantial amounts of debt capital. The team at Finley possesses expertise from prominent financial institutions and technology firms, and the company is supported by reputable investors.

AgentSync

Series A in 2021
AgentSync, Inc. is a company based in Denver, Colorado, that specializes in developing applications for the insurance industry. Founded in 2018, it provides solutions aimed at automating licensing and compliance for insurance carriers, agencies, and producers. The company offers a range of services that include real-time data integration, producer onboarding, automated license verification, and compliance monitoring. By focusing on customer-centric design and seamless integration through APIs, AgentSync enhances operational efficiency and reduces friction in processes like broker onboarding, contracting, and licensing. Its modern tools facilitate the connection between carriers, agencies, and managing general agents while ensuring compliance and supporting growth in the insurance sector.

Built Technologies

Series C in 2021
Built Technologies, Inc. is an enterprise technology company that specializes in a cloud-based construction loan administration and draw management platform. Founded in 2014 and headquartered in Nashville, Tennessee, the company aims to mitigate risk and enhance productivity in the construction lending process. Its platform provides features such as file management, custom draw workflows, reporting, and risk management, allowing for real-time visibility into construction portfolios. By streamlining the complex loan administration process, Built Technologies enables various stakeholders—including lenders, borrowers, builders, developers, consultants, and inspectors—to reduce construction loan risk, improve loan profitability, and simplify compliance. The company, originally known as DataFi, LLC, rebranded to Built Technologies in 2015.

Steadily

Seed Round in 2020
Steadily operates an online insurance platform that specializes in providing landlord insurance tailored for short-term rental property managers. The platform allows landlords to easily secure property insurance coverage by pre-filling essential data points such as property size and year of construction, streamlining the process of obtaining quotes. Steadily's insurance offerings include protection against various potential damages, including those caused by weather, fire, water, vandalism, as well as liability coverage for guest injuries and lawsuits. This service complements Guesty's existing suite of tools designed to enhance communications, operations, growth, and financial management for property managers, thereby adding valuable resources to facilitate property management in the short-term rental market.

OpenSpace

Series B in 2020
OpenSpace is a technology company founded in 2017 and headquartered in San Francisco, California, that specializes in automated 360-degree video capture and mapping for the construction industry. Its core product captures images every half-second and automatically integrates them with project plans, offering builders a comprehensive view of job sites from preconstruction to operations. By employing artificial intelligence, OpenSpace enables the creation of navigable photo representations of construction sites, significantly enhancing data capture speed compared to traditional methods. Additionally, the company's Clear Sight product suite provides AI-powered analytics to quantify project progress, facilitating collaboration and risk reduction in construction workflows.

SmartRent

Series C in 2020
SmartRent is an enterprise home automation company specializing in smart home and smart building technology tailored for multifamily communities. The company develops a comprehensive platform that enables property owners and managers to monitor and control their assets effectively, enhancing operational efficiencies while also creating opportunities for additional revenue. SmartRent’s offerings include software and hardware solutions that provide seamless visibility and control for property managers, while also delivering an integrated home control experience for residents. Operating primarily in the United States, SmartRent is committed to improving the management of multifamily properties through innovative technology solutions.

OpenSpace

Convertible Note in 2020
OpenSpace is a technology company founded in 2017 and headquartered in San Francisco, California, that specializes in automated 360-degree video capture and mapping for the construction industry. Its core product captures images every half-second and automatically integrates them with project plans, offering builders a comprehensive view of job sites from preconstruction to operations. By employing artificial intelligence, OpenSpace enables the creation of navigable photo representations of construction sites, significantly enhancing data capture speed compared to traditional methods. Additionally, the company's Clear Sight product suite provides AI-powered analytics to quantify project progress, facilitating collaboration and risk reduction in construction workflows.

Bungalow

Series B in 2019
Bungalow is a residential real estate platform that facilitates flexible and communal living arrangements for renters, particularly targeting early career professionals. Founded in 2016 by Andrew Collins and Justin McCarty, the company is headquartered in San Francisco, California. Bungalow signs long-term leases with homeowners to offer multi-bedroom homes in desirable urban neighborhoods across the United States. Each property features private bedrooms with handpicked housemates, and comes fully furnished with essential amenities such as Wi-Fi, utilities, and housekeeping. Additionally, Bungalow organizes monthly community events to foster social interaction among residents. By addressing the needs of modern renters, Bungalow provides a convenient solution for those seeking quality living environments while cultivating a sense of community.

Branch

Seed Round in 2019
Branch is an office furniture brand focused on simplifying the process of furnishing workplaces for growing teams. Recognizing that traditional office furniture has remained largely unchanged for decades, Branch offers a modern solution that includes the manufacturing and retailing of premium office furniture. The company provides a comprehensive service that encompasses delivery, assembly, and space design, ensuring that clients can easily create functional office environments. Additionally, Branch facilitates the flexible trade-in of used furniture, allowing businesses to adapt their office setups as needs evolve. By prioritizing affordability and ease of use, Branch aims to enhance the office experience for the 21st century.

Bowery Valuation

Venture Round in 2019
Bowery Valuation, founded in 2015 and based in New York, specializes in cloud-based appraisal software and mobile applications designed for commercial real estate appraisal. The company's technology enables appraisers to generate full appraisal reports more than twice as quickly as traditional methods. By leveraging a robust backend database and a natural language generator, Bowery Valuation enhances efficiency, quality, and consistency across appraisal firms. This allows appraisers to produce reports more consistently and at a lower cost, streamlining the appraisal process in the commercial real estate sector.

SmartRent

Series B in 2019
SmartRent is an enterprise home automation company specializing in smart home and smart building technology tailored for multifamily communities. The company develops a comprehensive platform that enables property owners and managers to monitor and control their assets effectively, enhancing operational efficiencies while also creating opportunities for additional revenue. SmartRent’s offerings include software and hardware solutions that provide seamless visibility and control for property managers, while also delivering an integrated home control experience for residents. Operating primarily in the United States, SmartRent is committed to improving the management of multifamily properties through innovative technology solutions.

Built Technologies

Series B in 2019
Built Technologies, Inc. is an enterprise technology company that specializes in a cloud-based construction loan administration and draw management platform. Founded in 2014 and headquartered in Nashville, Tennessee, the company aims to mitigate risk and enhance productivity in the construction lending process. Its platform provides features such as file management, custom draw workflows, reporting, and risk management, allowing for real-time visibility into construction portfolios. By streamlining the complex loan administration process, Built Technologies enables various stakeholders—including lenders, borrowers, builders, developers, consultants, and inspectors—to reduce construction loan risk, improve loan profitability, and simplify compliance. The company, originally known as DataFi, LLC, rebranded to Built Technologies in 2015.

Stay Alfred

Series B in 2018
Stay Alfred, Inc. is a provider of vacation rental and corporate housing services, catering to families and corporate travelers across various major cities in the United States, including Boston, Dallas, Denver, and Seattle. Founded in 2011 and headquartered in Spokane Valley, Washington, the company specializes in offering upscale travel apartments located in walkable downtown neighborhoods. Stay Alfred's platform features a next-generation booking process, 24/7 customer service, and professional housekeeping, ensuring guests experience hotel-style accommodations with the spaciousness and amenities of an apartment, including kitchens, laundry facilities, and private bedrooms. This innovative approach has carved out a unique segment in the hospitality industry, appealing to those seeking comfortable and convenient lodging options.

First

Series A in 2018
First is a software company that uses artificial and predictive intelligence on when and why people move to predict sales and marketing. It brings predictive marketing to real estate. Fundamentally changing how service providers find their next customer. They discover when and why people will buy or sell a house, so they can connect realtors with new clients at the perfect time. Thus, the company predicts who will sell by tracking 700+ signals across 214 million people nationwide.
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