Building Ventures

Building Ventures, established in 2017, is a Boston-based venture capital firm with an additional office in San Francisco. The company focuses on investing in early-stage startups that are innovating in the software, TMT, and SaaS sectors, with a mission to support entrepreneurs and disruptive thinkers by providing access to funding, extensive knowledge, and decades of experience.

Travis D. Connors

Co-Founder and General Partner

Allen Preger

Partner

Matthews Rightmire

Venture Partner

Mayra Soto

Senior Associate

Lucas Turner-Owens

Principal

Gregg Wallace

Partner

Heather Widman

Partner

Past deals in Construction

Clearstory.build

Series B in 2024
Extracker, Inc. is a San Francisco-based company founded in 2018 that specializes in developing software solutions for the construction industry, focusing on change order and extra work authorization processes. Its change order software enables users to track orders, download supporting documents, and maintain real-time insights into financial exposure. The platform facilitates communication between subcontractors, general contractors, and project owners, aiming to improve the efficiency of cost tracking and reduce administrative burdens. By offering features such as change order log exports and analytical tools, Extracker enhances visibility into financial risks and supports data-driven decision-making for its clients.

SmartPM

Series A in 2024
SmartPM Technologies, Inc. is an Atlanta-based company that specializes in developing automated scheduling and delay monitoring software for the construction industry. Founded in 2012, SmartPM operates a technology platform that enables project owners to track contractor and construction project performance in real-time. The platform streamlines data management and analysis by transforming construction schedule data into clear and concise visuals, making it accessible for all stakeholders. This functionality allows clients to proactively address critical project risk issues and make informed decisions, enhancing overall project management and efficiency.

Parspec

Seed Round in 2024
Parspec is a technology company that specializes in applying artificial intelligence to enhance the supply chain within the building and construction industry. The company's AI-driven platform facilitates the selection and sale of construction products by providing valuable information and streamlined online workflows. This innovative approach allows sales agents and distributors to create and manage product submittals efficiently and effortlessly, transforming traditional processes into a more accessible and effective experience. Through its solutions, Parspec aims to improve operational efficiency and support the evolving needs of the construction sector.

Skillit

Seed Round in 2023
Skillit is a company focused on improving the hiring process for skilled tradespeople and contractors within the construction industry. It offers a data-driven recruitment platform that facilitates the recruitment, testing, training, and evaluation of skilled craft workers. By custom-matching these workers to employers, Skillit aims to enhance the recruitment experience for construction contractors while helping workers achieve their professional potential. The company's infrastructure supports scalable hiring solutions, making it easier for contractors to find and retain qualified personnel.

Clearstory.build

Venture Round in 2023
Extracker, Inc. is a San Francisco-based company founded in 2018 that specializes in developing software solutions for the construction industry, focusing on change order and extra work authorization processes. Its change order software enables users to track orders, download supporting documents, and maintain real-time insights into financial exposure. The platform facilitates communication between subcontractors, general contractors, and project owners, aiming to improve the efficiency of cost tracking and reduce administrative burdens. By offering features such as change order log exports and analytical tools, Extracker enhances visibility into financial risks and supports data-driven decision-making for its clients.

UpCodes

Series A in 2023
UpCodes, Inc. is a technology company based in San Francisco, California, that provides a comprehensive platform to assist the construction industry in navigating compliance with building codes. Founded in 2015, UpCodes consolidates various building regulations into a single, searchable database, utilizing machine learning and data analysis to enhance the search process. The platform offers tools that simplify coordination among teams and projects, allowing users to easily access and research building codes. By streamlining compliance efforts, UpCodes helps professionals involved in the design, construction, and occupancy of buildings avoid project delays and clarify regulatory requirements.

Skillit

Seed Round in 2023
Skillit is a company focused on improving the hiring process for skilled tradespeople and contractors within the construction industry. It offers a data-driven recruitment platform that facilitates the recruitment, testing, training, and evaluation of skilled craft workers. By custom-matching these workers to employers, Skillit aims to enhance the recruitment experience for construction contractors while helping workers achieve their professional potential. The company's infrastructure supports scalable hiring solutions, making it easier for contractors to find and retain qualified personnel.

Skillit

Seed Round in 2022
Skillit is a company focused on improving the hiring process for skilled tradespeople and contractors within the construction industry. It offers a data-driven recruitment platform that facilitates the recruitment, testing, training, and evaluation of skilled craft workers. By custom-matching these workers to employers, Skillit aims to enhance the recruitment experience for construction contractors while helping workers achieve their professional potential. The company's infrastructure supports scalable hiring solutions, making it easier for contractors to find and retain qualified personnel.

Join

Series A in 2022
Join, Inc. is a software company that operates a collaborative project delivery platform designed to enhance decision-making in the preconstruction phase of construction projects. Founded in 2017 and headquartered in San Francisco, California, Join serves a diverse range of stakeholders including contractors, designers, owners, and suppliers. The platform provides real-time insights into cost data and features a visual interface, allowing users to collaborate effectively throughout the project lifecycle. Join's tools enable contractors and design teams to track workflows, visualize estimated budgets, and manage risks and opportunities, thereby facilitating timely and informed decision-making. The platform is trusted by industry leaders to drive projects forward efficiently.

Clearstory.build

Series A in 2022
Extracker, Inc. is a San Francisco-based company founded in 2018 that specializes in developing software solutions for the construction industry, focusing on change order and extra work authorization processes. Its change order software enables users to track orders, download supporting documents, and maintain real-time insights into financial exposure. The platform facilitates communication between subcontractors, general contractors, and project owners, aiming to improve the efficiency of cost tracking and reduce administrative burdens. By offering features such as change order log exports and analytical tools, Extracker enhances visibility into financial risks and supports data-driven decision-making for its clients.

Canoa

Seed Round in 2022
Canoa is a company that provides a digital design platform aimed at enhancing the efficiency of the design process for retrofitting and adapting existing buildings. This platform allows designers to create, share, present, and collaborate on design projects seamlessly, facilitating a more streamlined workflow. By enabling clients to visualize the potential of their spaces, Canoa empowers businesses to implement low-carbon office solutions at scale, ultimately reducing costs and minimizing environmental impact. Through its innovative tools, Canoa supports the transformation of commercial spaces into sustainable environments, fostering a collaborative approach from the initial concept to project completion.

Built Robotics

Series C in 2022
Built Robotics Inc. is a technology company focused on automating the construction industry through the development of AI guidance systems that transform heavy equipment into autonomous robots. Founded in 2016 and headquartered in San Francisco, California, the company integrates various sensors, including GPS, cameras, and Lidar, with advanced software to enable earthmoving equipment to operate autonomously. Built Robotics aims to address the workforce gap in the construction sector, particularly in the $300 billion solar industry, by automating repetitive tasks and facilitating the construction of critical infrastructure such as wind farms, oil and gas pipelines, and new housing developments.

Mosaic

Series B in 2021
Mosaic Building Group, Inc. is a technology-focused construction company based in Phoenix, Arizona, with additional offices in San Francisco, California. Founded in 2015, the company provides a range of construction services to homebuilders, including general contracting, framing, plumbing, electrical, drywall, and site work. Mosaic specializes in single-family, multi-family, custom homebuilding, and build-to-rent projects. With a commitment to enhancing efficiency in the construction process, Mosaic employs advanced technologies and programming to automate various tasks, resulting in faster and more streamlined homebuilding. The company's mission centers on creating communities that foster a sense of connection and belonging, aiming to make beautiful living environments accessible to a broader audience.

GoContractor

Series A in 2021
GoContractor is a digital onboarding and subcontractor management platform that streamlines the process of getting construction workers on site. By modernizing contractor management, the platform enhances flexibility for subcontractors and their employers, ensuring that all workers are compliant with necessary documentation. This efficiency allows construction workers and subcontractors to access job sites three times faster, while also digitizing and making worker records searchable and accessible from any location. GoContractor focuses on reducing compliance risks, improving safety, and ultimately driving productivity and profitability within the construction industry.

Canoa

Seed Round in 2021
Canoa is a company that provides a digital design platform aimed at enhancing the efficiency of the design process for retrofitting and adapting existing buildings. This platform allows designers to create, share, present, and collaborate on design projects seamlessly, facilitating a more streamlined workflow. By enabling clients to visualize the potential of their spaces, Canoa empowers businesses to implement low-carbon office solutions at scale, ultimately reducing costs and minimizing environmental impact. Through its innovative tools, Canoa supports the transformation of commercial spaces into sustainable environments, fostering a collaborative approach from the initial concept to project completion.

Built Robotics

Series B in 2019
Built Robotics Inc. is a technology company focused on automating the construction industry through the development of AI guidance systems that transform heavy equipment into autonomous robots. Founded in 2016 and headquartered in San Francisco, California, the company integrates various sensors, including GPS, cameras, and Lidar, with advanced software to enable earthmoving equipment to operate autonomously. Built Robotics aims to address the workforce gap in the construction sector, particularly in the $300 billion solar industry, by automating repetitive tasks and facilitating the construction of critical infrastructure such as wind farms, oil and gas pipelines, and new housing developments.

Join

Seed Round in 2019
Join, Inc. is a software company that operates a collaborative project delivery platform designed to enhance decision-making in the preconstruction phase of construction projects. Founded in 2017 and headquartered in San Francisco, California, Join serves a diverse range of stakeholders including contractors, designers, owners, and suppliers. The platform provides real-time insights into cost data and features a visual interface, allowing users to collaborate effectively throughout the project lifecycle. Join's tools enable contractors and design teams to track workflows, visualize estimated budgets, and manage risks and opportunities, thereby facilitating timely and informed decision-making. The platform is trusted by industry leaders to drive projects forward efficiently.

Vico Software

Venture Round in 2018
Vico Software is a provider of software and services tailored for the building construction industry, operating across Europe, the Middle East, and the Americas. Founded in 2007 and headquartered in Boulder, Colorado, the company specializes in a range of solutions that enhance project management and efficiency. Its flagship product, the Vico Office Suite, features a construction-oriented 5D BIM environment, which includes tools such as the Vico Office Client for publishing and integrating 3D models from various sources, and the Vico Takeoff Manager for generating precise quantity takeoffs based on these models. Additionally, Vico Software offers the Vico Cost Planner for cost estimation and value engineering, as well as the Vico Cost Explorer for real-time budget monitoring. The company also provides an online training program to assist users in navigating its software, along with project services delivery and consulting. Vico Software's offerings cater to building owners, general contractors, and construction managers, enhancing their operational capabilities in the construction process.

Newforma

Venture Round in 2018
Newforma is a software company that specializes in project information management (PIM) solutions tailored for the architecture, engineering, and construction (AEC) industry. Founded in 2003 and based in Boston, Newforma aims to enhance collaboration among project teams and stakeholders by providing tools that manage emails, facilitate information retrieval, and streamline the sharing of large files and processing of submittals. The company's software is designed to connect firms with their project information and remote team members, ultimately improving project delivery outcomes. Newforma's solutions are currently utilized to manage information across over 1.4 million projects globally, helping clients increase productivity, mitigate risks, and focus more on design and client service.

SketchUp

Venture Round in 2018
SketchUp is a software development company known for its 3D modeling tools, particularly the SketchUp application. It serves a diverse range of industries, including architecture, construction, interior design, landscape design, film and stage production, geographic information systems (GIS), game development, and mechanical design. SketchUp provides a user-friendly 3D modeling solution that integrates a compact toolset with a guidance system, simplifying the drawing process. This approach enables professionals such as architects, set designers, game developers, and graphic artists to create detailed models efficiently and effectively.

Assemble Systems

Series A in 2017
Assemble Systems, Inc. is a company specializing in web-based building information modeling (BIM) data management software. Its primary product, Assemble Insight, is a cloud-based platform designed for architecture, engineering, and construction (AEC) firms, facilitating the extraction and management of BIM data to enhance project insight, collaboration, and data-driven decision-making. The platform provides features such as data inventory creation, real-time data synchronization, and sharing capabilities among project teams, thereby optimizing BIM software investments. Additionally, Assemble Systems offers workflows that improve organizational effectiveness in various areas, including estimating, construction change management, and budget management. The company also has a 3D bid management platform that enables general contractors to share project models with subcontractors. Founded in 2011 and based in Houston, Texas, Assemble Systems serves a diverse clientele, including academics, general contractors, and BIM/VDC managers. As of 2018, it operates as a subsidiary of Autodesk, Inc.

Blokable

Seed Round in 2017
Blokable is a company based in Seattle, Washington, that specializes in manufacturing pre-fabricated steel frame modular housing units. Founded in 2016, Blokable designs, manufactures, and delivers fully-functional modular structures for residential, retail, and mixed-use projects. The company's vertically integrated solution streamlines the traditional development process, reducing the cost and time required to create new multi-family housing. Blokable engages throughout the entire housing creation process, from design and manufacturing to delivery and operation, offering a variety of floorplans and wall configurations suitable for different building types. This approach aims to create prosperity and equity in communities by providing affordable housing solutions at scale.
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