Brick & Mortar Ventures

Brick & Mortar Ventures is a San Francisco-based venture capital firm that specializes in software and hardware solutions for the built world, focusing on architecture, engineering, construction and facilities management, as well as adjacent real estate and hospitality sectors. The firm identifies, backs, and actively supports early-stage companies developing technologies for real estate, hospitality and construction, taking a hands-on approach to help portfolio companies grow. It invests across the United States, Canada, Europe and Australia, typically making early-stage allocations in the 1 to 4 million range per company, and leverages deep industry expertise and relationships to create value for its portfolio.

Darren Bechtel

Managing Director

Alice Leung

Vice President

Kaustubh Pandya

Principal

Curtis Rodgers

Partner

Austin Yount

Senior Associate

Past deals in Property Insurance

Obie

Series B in 2023
Obie is a technology company that simplifies insurance and risk management for real estate investors. It offers an affordable, transparent platform ensuring industry-best rates for property and casualty plans across all U.S. states.

Foresight Risk and Insurance Services

Series B in 2022
Foresight Risk and Insurance Services is an insurtech company specializing in commercial coverage for businesses that are difficult to insure within the middle market. The company focuses on improving workplace safety as a core mission. Foresight integrates innovative risk management technology into every workers' compensation policy, aiming to reduce workplace incident frequency by an average of 31%. This approach not only enhances safety but also allows policyholders to earn lower premiums through improved performance. The platform offers comprehensive services including pricing, risk analytics, submissions reporting, and claims management, catering primarily to high-risk industries such as construction and manufacturing.

Hosta Labs

Series A in 2021
Hosta Labs Inc. is a technology company based in Cambridge, Massachusetts, that specializes in transforming pictures and videos of living spaces into a 3-D model-powered home management platform. Founded in 2018, the company aims to simplify the home renovation process by automating the analysis of interior structures. Hosta Labs provides valuable insights for property insurance carriers, offering an in-depth view of accurate replacement values and risks during the underwriting process, as well as assessing raw material quantities and mitigation measures in claims. This innovative approach enhances efficiency and accuracy in home management and insurance assessments.

Hosta AI

Series A in 2021
Hosta AI offers an innovative property assessment solution that uses artificial intelligence to analyze images of interior structures. It converts these images into detailed lists of conditions, measurements, materials, and technical drawings, empowering insurers, lenders, and maintenance managers to make informed decisions about their real estate.

Handdii

Seed Round in 2021
Handdii is a Melbourne-based technology platform that connects insurance companies, customers, brokers, and a network of contractors to repair property insurance claims. The platform functions as an online marketplace, enabling direct interaction between customers and tradespeople while providing transparent claim progress, reporting, and streamlined communication among adjusters, contractors, and customers. By simplifying claim fulfilment and reducing costs, Handdii aims to deliver faster property repairs and improved customer satisfaction.

Foresight Risk and Insurance Services

Venture Round in 2020
Foresight Risk and Insurance Services is an insurtech company specializing in commercial coverage for businesses that are difficult to insure within the middle market. The company focuses on improving workplace safety as a core mission. Foresight integrates innovative risk management technology into every workers' compensation policy, aiming to reduce workplace incident frequency by an average of 31%. This approach not only enhances safety but also allows policyholders to earn lower premiums through improved performance. The platform offers comprehensive services including pricing, risk analytics, submissions reporting, and claims management, catering primarily to high-risk industries such as construction and manufacturing.

Foresight Risk and Insurance Services

Series A in 2020
Foresight Risk and Insurance Services is an insurtech company specializing in commercial coverage for businesses that are difficult to insure within the middle market. The company focuses on improving workplace safety as a core mission. Foresight integrates innovative risk management technology into every workers' compensation policy, aiming to reduce workplace incident frequency by an average of 31%. This approach not only enhances safety but also allows policyholders to earn lower premiums through improved performance. The platform offers comprehensive services including pricing, risk analytics, submissions reporting, and claims management, catering primarily to high-risk industries such as construction and manufacturing.
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