Building Ventures logo

Building Ventures

North America, Massachusetts, United States, Boston

Description

Building Ventures is a Boston-based venture capital firm dedicated to investing in early-stage companies that are innovating across the built world. Established with a clear focus on transforming how we design, construct, operate, and experience physical spaces, the firm has successfully raised two funds to support its investment thesis. Its first fund, Building Ventures Fund I, closed in 2018 with $23 million, followed by Building Ventures Fund II, which secured $53 million in 2021. This combined capital pool underscores their significant commitment to the construction technology, real estate technology, and broader built environment sectors.

The firm's investment strategy centers on identifying and backing promising startups at the Seed and Series A stages. Building Ventures typically deploys initial checks ranging from $500,000 to $1.5 million, demonstrating their preference for early-stage engagement where they can provide foundational capital and strategic support. Their portfolio reflects a diverse range of solutions, from advanced materials and robotics to project management software and operational efficiency tools, all aimed at enhancing productivity, sustainability, and safety within the built environment.

Beyond capital, Building Ventures emphasizes a hands-on approach, leveraging its deep industry expertise and extensive network to help portfolio companies scale. The firm's partners often bring operational backgrounds from the construction and real estate industries, providing invaluable guidance on product development, market entry, and customer acquisition. They also reserve capital for follow-on investments, indicating a long-term commitment to their portfolio companies' growth and success. This comprehensive support system positions Building Ventures as a key player in fostering innovation and driving the digital transformation of the global built world.

Investor Profile

Building Ventures has backed more than 49 startups, with 1 new investments in the last 12 months alone. The firm has led 11 rounds, about 22% of its total and boasts 8 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Finland, Canada.
  • Strong thematic focus on Construction, Software, Real Estate.
  • Led 1 rounds in the past year.
  • Typical check size: $500K – $1.5M.

Stage Focus

  • Seed (33%)
  • Series A (33%)
  • Series B (14%)
  • Series Unknown (12%)
  • Series C (4%)
  • Pre Seed (2%)
  • Series D (2%)

Country Focus

  • United States (96%)
  • Finland (2%)
  • Canada (2%)

Industry Focus

  • Construction
  • Software
  • Real Estate
  • Energy
  • Commercial Real Estate
  • Artificial Intelligence (Ai)
  • Architecture
  • Cleantech
  • Greentech
  • Renewable Energy
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Building Ventures frequently co-invest with?

ZhenFund
Asia, Beijing, China, Beijing
Co-Investments: 3
Borealis Ventures
North America, New Hampshire, United States, Hanover
Co-Investments: 3
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 6
Ground Up Ventures
North America, Pennsylvania, United States, Philadelphia
Co-Investments: 3
Sway Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Cloud Apps Capital Partners
North America, California, United States, San Francisco
Co-Investments: 3
Salesforce Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Breakthrough Energy Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 5
Collaborative Fund
North America, New York, United States, New York
Co-Investments: 5
MetaProp
North America, New York, United States, New York
Co-Investments: 4

Which angels does Building Ventures often collaborate with?

Dennis Joyce
North America, Washington, United States
Shared Deals: 1
Daniel Gulati
North America, California, United States, San Francisco
Shared Deals: 1
SL
North America, New York, United States, New York
Shared Deals: 1
BC
North America, United States
Shared Deals: 1
Shared Deals: 1
Daniel Yates
North America, District of Columbia, United States, Washington
Shared Deals: 1
RM
North America, Colorado, United States, Boulder
Shared Deals: 1
MK
North America, California, United States, Stanford
Shared Deals: 1
MD
North America, Wisconsin, United States, Milwaukee
Shared Deals: 1
AS
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Building Ventures?

Parspec

San Francisco, California, United States

Parspec is an AI-native software platform that streamlines B2B procurement processes within the construction supply chain.

Artificial Intelligence (AI)Building MaterialConstructionProcurement
Series AJul 8, 2025
Amount Raised: $20,000,000
Adaptis

Toronto, Ontario, Canada

Adaptis is a decision-support platform for whole life cycle carbon reduction planning of existing and new construction buildings.

ArchitectureConstructionHome RenovationInnovation Management
SeedApr 8, 2025
Amount Raised: $4,000,000
Clearstory.build

San Francisco, California, United States

Clearstory is the only Change Order Communication tool designed to reduce risk for all commercial construction stakeholders.

ConstructionInformation TechnologyReal EstateSaaS
Series BJun 27, 2024
Amount Raised: $16,000,000
SmartPM Technologies

Atlanta, Georgia, United States

SmartPM Technologies is a real estate technology company that provides a real-time automated analytics platform.

ConstructionPropTechReal EstateSoftware
Series AMay 29, 2024
Amount Raised: $5,500,000
Parspec

San Francisco, California, United States

Parspec is a technology company that utilizes AI to serve the supply chain for the building and construction industry.

Artificial Intelligence (AI)ConstructionInformation Technology
SeedFeb 27, 2024
Amount Raised: $11,500,000
Skillit

New York, New York, United States

Skillit is a data-driven recruiting platform for skilled full-time construction labor.

ConstructionHuman ResourcesRecruitingSoftware
SeedJul 14, 2023
Amount Raised: $8,500,000
Clearstory.build

San Francisco, California, United States

Clearstory is the only Change Order Communication tool designed to reduce risk for all commercial construction stakeholders.

ConstructionInformation TechnologyReal EstateSaaS
Series UnknownJun 27, 2023
Amount Raised: $5,500,000
Hypar

Culver City, California, United States

Hypar delivers expertise for multiple organizations to help them quickly create building designs.

ArchitectureBuilding MaterialCivil EngineeringConstructionIndustrial DesignReal EstateRetailSoftware Engineering
Series AJun 22, 2023
Amount Raised: $5,500,000
Measurabl

San Diego, California, United States

Measurabl develops an ESG data management platform for commercial real estate.

Big DataBusiness IntelligenceCommercial Real EstateData ManagementSoftware
Series DMay 31, 2023
Amount Raised: $93,000,000
UpCodes

Austin, Texas, United States

UpCodes helps the AEC industry deliver code compliant buildings.

ArchitectureCivil EngineeringComplianceConstruction
Series AMay 30, 2023
Amount Raised: $3,500,000