Navitas Capital

Navitas Capital, established in 2009, is a Los Angeles-based venture capital firm specializing in early-stage investments. It focuses on transformative technology and innovation within the real estate and construction sectors, providing foundational capital, industry expertise, and market access to its portfolio companies.

Gary Dillabough

Managing Partner

Madison Gesser

Senior Associate

Mike Heller

Principal

Chris Longman

Senior Associate

Travis Putnam

Co-Founder and Managing Partner

Louis Schotsky

Managing Partner

Jenny Song

Principal

Past deals in Construction

Field Materials

Series A in 2025
Field Materials is an innovative AI procurement platform tailored for the construction industry. The company offers web and mobile applications that enhance inventory management, material purchasing, and equipment rentals by automating the processing of quotes, invoices, packing slips, and receipts. This automation helps users save between 5-10% on material costs. The platform facilitates the comparison of vendor quotes, manages orders and deliveries, and centralizes vendor communications, while also automatically generating essential project documentation and streamlining invoice verification and payments. By providing these integrated solutions, Field Materials enables contractors and vendors to standardize their procurement processes, reduce costs, and maintain budgetary control. Founded by experienced entrepreneurs, the company is supported by notable venture capital and industry executives.

Field Materials

Seed Round in 2024
Field Materials is an innovative AI procurement platform tailored for the construction industry. The company offers web and mobile applications that enhance inventory management, material purchasing, and equipment rentals by automating the processing of quotes, invoices, packing slips, and receipts. This automation helps users save between 5-10% on material costs. The platform facilitates the comparison of vendor quotes, manages orders and deliveries, and centralizes vendor communications, while also automatically generating essential project documentation and streamlining invoice verification and payments. By providing these integrated solutions, Field Materials enables contractors and vendors to standardize their procurement processes, reduce costs, and maintain budgetary control. Founded by experienced entrepreneurs, the company is supported by notable venture capital and industry executives.

FIRMUS

Venture Round in 2024
Firmus develops an artificial intelligence-based software solution tailored for the construction industry, focusing on the identification and prevention of design errors. The software analyzes construction models and rationalizes issues derived from numerous reports, presenting prioritized feedback based on cost and complexity. This enables construction companies to learn from past mistakes, reduce risk, and optimize their methods. Additionally, Firmus provides an intelligent issue tracking interface that facilitates effective communication among team members and seamlessly integrates with existing workflows, enhancing overall project coordination and efficiency.

Cosmic

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

ComplyAI

Pre Seed Round in 2024
ComplyAI improves up the building permit process by leveraging workflow automation and artificial intelligence (AI) to ensure applications are comprehensive, correct, and simple to evaluate.

FIRMUS

Seed Round in 2022
Firmus develops an artificial intelligence-based software solution tailored for the construction industry, focusing on the identification and prevention of design errors. The software analyzes construction models and rationalizes issues derived from numerous reports, presenting prioritized feedback based on cost and complexity. This enables construction companies to learn from past mistakes, reduce risk, and optimize their methods. Additionally, Firmus provides an intelligent issue tracking interface that facilitates effective communication among team members and seamlessly integrates with existing workflows, enhancing overall project coordination and efficiency.

Katerra

Series D in 2018
Katerra Inc. is a prefabricated construction company based in Menlo Park, California, specializing in the manufacturing of structural components, assemblies, and finish materials for various building types. Established in 2015, Katerra produces a wide range of products, including walls, columns, beams, bathroom pods, modular mechanical, electrical, and plumbing systems, as well as custom furniture and retail fittings. The company combines advanced technology with construction practices to optimize building development and design, utilizing a platform that integrates building information modeling with a global supply chain for efficient material ordering, manufacturing, and delivery. Katerra serves multiple sectors, including commercial, retail, healthcare, hospitality, and residential housing, and operates both domestically and internationally through a network of offices and factories.

Honest Buildings

Series B in 2017
Honest Buildings, Inc. is a New York-based company specializing in a data-driven project management and procurement platform tailored for commercial real estate owners and managers across North America. Established in 2011, the company provides a cloud-based solution that centralizes project cost tracking, automates bid management, and enhances transparency in capital and tenant improvement projects. By streamlining processes for new construction and building improvements, Honest Buildings helps its clients, including prominent firms like Brookfield and SL Green, unlock value from their data and reduce reliance on manual spreadsheets. The platform enables real estate owners to manage diverse portfolios—ranging from office and retail to industrial and multifamily—while ensuring that projects are completed on time and within budget. As of 2019, Honest Buildings operates as a subsidiary of Procore Technologies, Inc.

Matterport

Series B in 2014
Matterport is a spatial data company specializing in the digitization and indexing of the built environment. Its comprehensive 3D data platform enables users to create accurate and immersive digital twins of physical spaces. These digital representations can be utilized for various purposes, including design, development, operation, promotion, and analysis of environments. The company generates revenue primarily through subscription fees from customers who access its platform, along with income from licenses, services, and product sales. Matterport's innovative approach facilitates a deeper understanding of spaces, making it a valuable tool for industries such as real estate, architecture, and construction.
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