Pi Labs

Pi Labs is a venture capital firm founded in 2014 and headquartered in London, United Kingdom. The firm focuses on investing in companies within the real estate technology sector and related fields, including construction technology, artificial intelligence, augmented reality, and various health and financial technologies. Pi Labs aims to transform the relationship between buildings and their impact on people, businesses, and the environment by supporting startups that enhance affordability, accessibility, and sustainability. The firm primarily targets early-stage investments in property technology, with a commitment to fostering diversity, equality, and inclusion within its portfolio. Through its strategic investments, Pi Labs seeks to collaborate with entrepreneurs who are developing innovative solutions to address pressing challenges in the built environment, particularly those that contribute to thriving and sustainable cities.

Pia Choudhury

Venture Partner

Jonathan Emery

Venture Partner

Barrie Heptonstall

Venture Partner

Victoria Hill

Venture Partner

Jonathan Lurie

Venture Partner

Michael Murad

Partner

James Pellatt

Venture Partner

Stefania Ponzo

Partner

Ivan Ramirez

Venture Partner

Hugo Silva

Partner

John Tuazon

Portfolio Data Analytics and Insights Associate

Dominic Wilson

Co-Founder, Managing Partner and Board Member

Dhruv Gupta

Principal

Past deals in Construction

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.

Alrik

Seed Round in 2024
Alrik is a technology company that provides a logistics workspace for construction material distributors. Its platform enables users to manage their vehicle fleets, facilitate online shipping, and monitor cost data, thereby streamlining operations and reducing expenses.

Okibo

Seed Round in 2024
Okibo is a developer of intelligent, mobile robots specifically designed for construction sites. The company focuses on creating autonomous plastering robots equipped with advanced technologies such as computer vision, laser detectors, geopositioning, and inertial motion sensors. These capabilities allow Okibo's robots to seamlessly integrate into various construction environments. By providing versatile robotic manipulators, Okibo aims to automate tasks traditionally performed by manual labor or limited machinery, thereby helping construction firms reduce costs and streamline operations, particularly in handling wall insulation.

Conxai Technologies

Seed Round in 2023
Conxai is a developer of an AI platform tailored for the architecture, engineering, and construction (AEC) industry, focusing on the digital transformation of construction management. The platform leverages artificial intelligence to integrate and contextualize various types and formats of project lifecycle data from diverse sources. By utilizing a no-code approach, Conxai enables AEC teams to automate decision-making and enhance planning and workflows. Its technology combines transactional data, sensor inputs, and historical project information to analyze and interpret activities on construction sites, providing predictive insights and alerts for deviations. This empowers businesses to improve performance and achieve higher quality in construction management through actionable knowledge.

Trunk

Seed Round in 2022
Trunk is a developer of construction management software focused on offsite projects. The company's software provides a centralized repository for all project information, enabling construction managers to effectively plan, track, and manage their projects from inception to completion. By offering tools that assist contractors in managing tasks and increasing productivity, Trunk helps streamline the construction process, ensuring projects are completed on time and with minimal complications.

ConWize

Seed Round in 2022
ConWize is a cloud-based platform designed to assist construction companies in producing accurate project estimates and enhancing their chances of winning tenders. The platform caters specifically to the needs of the tenders department by providing a suite of tools that includes tender pipeline management, automation of subcontractor bidding, advanced estimating capabilities, and tools for calculating indirect costs and profit margins. Additionally, ConWize offers Tender KPI analytics and predictive analytics, enabling users to estimate and manage various elements of project execution in real-time. This comprehensive approach streamlines the tendering process, making it more efficient for construction firms.

Modulize

Seed Round in 2022
Offsite construction (OSC) platform powered by calculation and design automation Prefabrication and modular construction allow us to reduce time, cost and waste in construction projects. To unlock the full potential of prefabrication, Modulize will enable simplified information extraction from complex 3D building models. With its component extractor, contractors can process models to automatically turn relevant parts of the model into tenders to be shared with manufacturers. In addition, we are developing generative design and optimisation algorithms that will enable designers and manufacturers to seamlessly collaborate to maximise the use and benefit of prefabrication and modular design. In particular, Modulize will enable design-manufacturer fit by linking manufacturers and customers based on manufacturing capacity and capability, as well as compliance with local rules and regulations. Prefabrication and modular construction allow us to reduce time, cost and waste in construction projects. Our solution, Modulize, will unlock prefab adoption through 1) automated component extraction from 3D models and 2) generative design and optimisation algorithms that let designers, contractors and manufacturers maximise the use and benefit of prefabrication.

laiout

Pre Seed Round in 2022
Laiout is a developer of an innovative design tool that transforms the process of creating floor plans in the architecture and construction industry. Utilizing proprietary algorithms and generative design technology, the tool can generate numerous regulation-compliant floor plan designs in mere milliseconds, tailored to specific needs and requirements. This capability allows architects and real estate developers to streamline the often tedious architectural design phase, saving significant time—up to 20 weeks—and reducing costs. Supported by prominent investors in the Proptech sector and strong industry partnerships, Laiout is committed to enhancing efficiencies and providing superior design solutions in the construction landscape.

Contilio

Seed Round in 2021
Contilio is a technology company specializing in construction analytics. It offers an AI-powered platform that processes 3D site data from laser scans and 360-degree photos, providing actionable insights within hours. This includes automated tracking of quantities, progress, installation quality, and CO2 emissions for structural, architectural, and MEP/service elements across various asset types. The platform also generates intelligent digital twins, connecting AI insights with augmented BIM, updated schedules, risks/issues management, and as-built data throughout construction and operations. Contilio's solution enables clients to make timely decisions, proactively manage risks, reduce errors and rework costs, waste/CO2 emissions, construction delays, handover duration, man-hours, and time to profit/cash flow. It integrates seamlessly with major Lidar, BIM, and schedule vendors.

Conxai Technologies

Pre Seed Round in 2020
Conxai is a developer of an AI platform tailored for the architecture, engineering, and construction (AEC) industry, focusing on the digital transformation of construction management. The platform leverages artificial intelligence to integrate and contextualize various types and formats of project lifecycle data from diverse sources. By utilizing a no-code approach, Conxai enables AEC teams to automate decision-making and enhance planning and workflows. Its technology combines transactional data, sensor inputs, and historical project information to analyze and interpret activities on construction sites, providing predictive insights and alerts for deviations. This empowers businesses to improve performance and achieve higher quality in construction management through actionable knowledge.

Qualis Flow

Seed Round in 2019
Qualis Flow Limited is a construction technology company based in London, United Kingdom, established in 2018. It offers the Q.Flow platform, which assists construction teams in tracking, analyzing, and responding to environmental risks. By integrating data from various external systems, the platform facilitates the connection of traditional data within the framework of the Internet of Things. Qualis Flow aims to help contractors and major projects effectively manage their social and environmental impact, enabling better communication with stakeholders. Through automated data collection and analysis, the Q.Flow platform allows contractors to save time, reduce costs, and enhance their reputation in their local communities. The company is currently collaborating with early adopters during its development phase.

RENTUU

Pre Seed Round in 2018
Rentuu has been featured for the last 3 years in a row in the UK's Top 100 UK Start-Ups List, and operates a global, fast-growing, cloud-based technology platform and franchise network for the multi-billion pound sterling equipment hire industry. We’re a venture capital backed technology start-up backed by Sir Stelios Haji-Ioannou (founder of easyJet) and other institutional investors with the exclusive rights to the easyHire brand in a number of countries, including the UK, EU, Switzerland, South Africa, and Dubai to facilitate equipment rental for construction and party equipment.

Built-ID

Seed Round in 2017
Built-ID Limited is a London-based company that operates an online platform designed to assist consultants in the architecture and construction industries, including architectural practices, engineering firms, sustainability consultants, and interior designers. Founded in 2016 and originally named Industry Hub Limited, the company rebranded to Built-ID in March 2017. The platform enables users to showcase their projects, industry collaborations, and client endorsements, ultimately aiming to enhance interactions with the built environment. Built-ID's extensive and continuously updated database of buildings positions it as a valuable resource for professionals interested in various aspects of architectural and design projects, from small shop fit-outs to large-scale developments.

Keepsite

Pre Seed Round in 2017
Keepsite is a Software as a Service (SaaS) company that offers a collaboration platform specifically designed for the Architecture, Engineering, Construction, and International Development sectors. Its platform facilitates streamlined construction project operations by connecting organizations with their project partners. Keepsite's robust portfolio management capabilities allow users to access and act on real-time data generated across various projects. The platform provides a comprehensive suite of services, including request for information (RFI) management, issue and change management, document control, meeting minutes, reports, and analytics, enabling businesses to efficiently design and execute construction projects.

Alrik

Alrik is a technology company that provides a logistics workspace for construction material distributors. Its platform enables users to manage their vehicle fleets, facilitate online shipping, and monitor cost data, thereby streamlining operations and reducing expenses.
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