Foundamental
Foundamental is a venture capital firm that backs early-stage companies building real-world, vertical technologies for construction, mining and related sectors. Founded in 2019 and based in Berlin, it operates globally with offices in San Francisco and Singapore and invests across the Americas, Europe, Asia-Pacific and Africa. The firm focuses on 3D design, construction, blue-collar workforce, robotics, supply chains and industrial manufacturing, seeking to partner with ambitious builders from inception through Series A. Foundamental has backed notable early-stage companies such as Infra.Market, Speckle, Snaptrude, Wiz Freight, Tul and Welcome Homes, and is described as a leading investor in ConstructionTech and design technology. It manages a substantial early-stage portfolio across global markets, reflecting an emphasis on helping founders navigate early growth and scale in the real-world tech stack while maintaining a global footprint.
Top Stages
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Past deals in Project Management
PermitFlow
Seed Round in 2023
PermitFlow is a technology company that specializes in streamlining the construction permitting process in the United States. Their platform is designed to simplify and expedite the application and management of construction permits for builders, contractors, architects, developers, and owners. PermitFlow's software handles various aspects of permit acquisition, including research, preparation, submission, and monitoring. The company aims to reduce the time required to obtain permits while standardizing municipalities' building permit submittal processes through a single platform. With nationwide coverage and local municipal expertise, PermitFlow supports permitting across multiple states, making it easier for builders to navigate complex regulatory environments.
Graneet
Series A in 2023
Graneet develops a construction management platform designed to support SMEs in the industry. The platform enables real-time access to key performance indicators, automates financial project monitoring, and streamlines administrative tasks, helping clients boost margins and process business opportunities efficiently.
CalcTree
Pre Seed Round in 2022
CalcTree streamlines engineering design processes by providing a platform for creating, integrating, collaborating, and sharing calculations, workflows, and reports. This enables real-time collaboration and efficient data flow among architects, engineers, contractors, and builders.
Prolance
Seed Round in 2022
Prolance is a company that specializes in streamlining the execution of interior projects through its business-to-business software as a service (SaaS) platform. By leveraging automation and aggregation, Prolance aims to reduce errors and cost escalations, ensuring predictability for all parties involved in the interior design process. The platform assists both interior design companies and freelancers by providing support for material supply and manufacturing, ultimately making the entire process more accurate and efficient.
011H
Series A in 2022
011H specializes in sustainable building development. It focuses on creating innovative constructions that leverage advanced design, technology, industrialization, sustainability, and health principles to deliver buildings swiftly, cost-effectively, reliably, and responsibly towards both people and the environment.
PermitFlow
Venture Round in 2022
PermitFlow is a technology company that specializes in streamlining the construction permitting process in the United States. Their platform is designed to simplify and expedite the application and management of construction permits for builders, contractors, architects, developers, and owners. PermitFlow's software handles various aspects of permit acquisition, including research, preparation, submission, and monitoring. The company aims to reduce the time required to obtain permits while standardizing municipalities' building permit submittal processes through a single platform. With nationwide coverage and local municipal expertise, PermitFlow supports permitting across multiple states, making it easier for builders to navigate complex regulatory environments.
Graneet
Seed Round in 2021
Graneet develops a construction management platform designed to support SMEs in the industry. The platform enables real-time access to key performance indicators, automates financial project monitoring, and streamlines administrative tasks, helping clients boost margins and process business opportunities efficiently.
011H
Seed Round in 2020
011H specializes in sustainable building development. It focuses on creating innovative constructions that leverage advanced design, technology, industrialization, sustainability, and health principles to deliver buildings swiftly, cost-effectively, reliably, and responsibly towards both people and the environment.
Brick&Bolt
Series A in 2020
Brick&Bolt operates as a tech-enabled construction platform and marketplace that connects clients with professionals to deliver residential and commercial building and renovation projects. The company provides an end-to-end service ecosystem, including design and architecture guidance, procurement, and on-site management through an in-house project management team. It emphasizes transparent processes and safety of funds through an escrow facility, enabling customers to monitor progress and receive updates. The platform aims to simplify construction by coordinating requests, selecting qualified professionals, and ensuring timely delivery through performance arrangements and penalties for delays. By combining online coordination with hands-on project oversight, Brick&Bolt seeks to offer a streamlined, reliable construction experience for clients seeking efficient, quality results.
reINVENT
Series A in 2020
reINVENT innovation GmbH is a Munich-based company that develops software solutions tailored for the construction industry. Its platform aims to enhance communication and planning processes by connecting all key participants throughout the construction and warranty phases. By digitizing communication, data transfer, and documentation, reINVENT seeks to streamline operations for architects, developers, contractors, and project developers. This centralized platform integrates various aspects of project management, customer management, finance, and construction site management, ultimately enabling stakeholders to achieve significant cost and time savings. Through its innovative approach, reINVENT addresses the challenges of a traditionally under-digitized sector, facilitating more efficient collaboration among all parties involved in construction projects.
Novade
Series B in 2020
Novade, established in 2013 and based in Singapore, specializes in construction management software. It offers a platform that digitizes and automates site processes such as quality control, safety management, progress tracking, workforce management, and maintenance. The software synchronizes all project data, including inspections, checklists, asset tracking, and repair management, using features like digital forms, drawing mark-ups, and location mapping. It generates reports and provides insights to streamline operations, serving leading contractors, developers, and owners worldwide.
ALICE Technologies
Series A in 2019
ALICE Technologies develops an AI-powered construction simulation platform. It uses artificial intelligence to analyze complex building requirements, generate efficient schedules, and optimize them during construction. The platform helps contractors and owners plan, bid, and build more effectively, potentially saving millions in labor costs.
Brick&Bolt
Seed Round in 2019
Brick&Bolt operates as a tech-enabled construction platform and marketplace that connects clients with professionals to deliver residential and commercial building and renovation projects. The company provides an end-to-end service ecosystem, including design and architecture guidance, procurement, and on-site management through an in-house project management team. It emphasizes transparent processes and safety of funds through an escrow facility, enabling customers to monitor progress and receive updates. The platform aims to simplify construction by coordinating requests, selecting qualified professionals, and ensuring timely delivery through performance arrangements and penalties for delays. By combining online coordination with hands-on project oversight, Brick&Bolt seeks to offer a streamlined, reliable construction experience for clients seeking efficient, quality results.
reINVENT
Seed Round in 2018
reINVENT innovation GmbH is a Munich-based company that develops software solutions tailored for the construction industry. Its platform aims to enhance communication and planning processes by connecting all key participants throughout the construction and warranty phases. By digitizing communication, data transfer, and documentation, reINVENT seeks to streamline operations for architects, developers, contractors, and project developers. This centralized platform integrates various aspects of project management, customer management, finance, and construction site management, ultimately enabling stakeholders to achieve significant cost and time savings. Through its innovative approach, reINVENT addresses the challenges of a traditionally under-digitized sector, facilitating more efficient collaboration among all parties involved in construction projects.
CalcTree
CalcTree streamlines engineering design processes by providing a platform for creating, integrating, collaborating, and sharing calculations, workflows, and reports. This enables real-time collaboration and efficient data flow among architects, engineers, contractors, and builders.
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