Navitas Capital

Navitas Capital is a California-based venture capital firm that focuses on technology investments for the built environment, with an emphasis on real estate and construction; founded around 2009, it provides capital, industry expertise and market access to portfolio companies, helping them scale in the United States; the firm operates as a registered investment adviser and is headquartered in Los Angeles, concentrating on early-stage software and related technologies that improve real estate development, property management, and construction workflows.

Gary Dillabough

Managing Partner

Madison Gesser

Senior Associate

Mike Heller

Principal

Chris Longman

Senior Associate

Travis Putnam

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 is a technology company that optimizes building development, design, and construction. It manufactures prefabricated structural components, offers comprehensive services including design and assembly, specializing in commercial buildings, retail, healthcare, hospitality, and housing solutions. The company operates globally with offices, factories, and building projects across the United States and internationally.

Honest Buildings

Series B in 2017
Honest Buildings operates a cloud-based platform for commercial real estate owners, streamlining project management and procurement processes. Its software automates bid management, standardizes reporting, and increases transparency, enabling users to centralize cost tracking and accelerate project delivery.

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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