Our investments are our commitments.
Over more than a decade, we've honed a platform built to drive innovation in legacy industries. Financial relationships are just the beginning. We collaborate with industry leaders and experts to understand demand while partnering with a select group of founders and technologists to support innovations with value for those end markets.
We help start-ups navigate complex markets and organizations, secure lighthouse customers and commercial partners, and develop go-to-market strategies that resonate while driving growth and transformation in those industries -- all while acting as a trusted advisor and sounding board in the nuts and bolts of business-building.
We engage deeply with a select group of founders and LPs and form trusted relationships at multiple levels in the organizations we work with. These relationships are built on our track record and are vital to how we build momentum behind innovation and change.
We seek to create value through the transformation of legacy industries like real estate & construction. We understand and appreciate the complex market structures, incentive issues, and plain old history that make change difficult. That's why we search for partners who are change catalyzers and founders with ambition & grit.
We are patient capital, operating with discipline and consistency. We deploy capital selectively when we are at conviction - we don't invest to "put capital to work" or to "get exposure" to buzzwords. We will and have waited years before investing behind the right team with the right technology that meets our theses.
SwiftConnect announced the closing of a $37 million Series B financing to expand its access network for connecting people to the right place at the right time. The company’s latest investment round is led by Quadri Ventures, with participation from new investors HID (part of ASSA ABLOY), Egis Capital Partners, and Klingenstein Fields Advisors. Returning investors include Crow Holdings, JLL Spark, Navitas Capital, Tanzola Corp., and Spring Rock Capital.
Document Crunch, the construction industry’s only document compliance platform, today announced it has raised $21.5M in Series B funding. The round was led by Titanium Ventures and includes participation from key strategic partner Nemetschek Group, along with major construction companies such as Andres Construction and Satterfield & Pontikes, plus existing investors, including Navitas Capital, Zacua Ventures, Fifth Wall and Ironspring Ventures.
EliseAI, the largest and most advanced conversational AI platform for the housing industry, today announced its Series D raise of $75 million at a valuation in excess of $1 billion, making it the latest New York City-based unicorn. The round was led by Sapphire Ventures, with participation from existing investors Navitas Capital, Point72 Private Investments, DivcoWest Ventures, and Koch Real Estate Investments.
Paces, the leading GIS and data platform accelerating renewable energy project development, announced the successful completion of its Series A funding round, raising $11 million. This round, led by Navitas Capital, with participation from Suffolk Technologies and MCJ Collective, and existing investors Resolute Ventures, Soma Capital, and Y Combinator, will further accelerate the deployment of grid-connected projects across the clean energy infrastructure ecosystem.
Earlier this year, we shared our thinking on artificial intelligence’s emerging trends & transformative impact within our network via a whitepaper entitled “13 Things to Watch in AI.” As we have continued to discuss these ideas across our unique ecosystem of real estate & construction companies, startups, and other investors, we have decided to publish our thinking more broadly via a 4-part blog series. Starting with Part 1, we are pleased to share 3 things to watch in AI-related to technical advancements… please stay tuned for Part 2 next week!
Document Crunch, the construction industry’s leading contract intelligence platform, today announced it has raised a Series A funding round of $9M. The round, led by Navitas Capital and joined by existing Document Crunch major investors, Zacua Ventures, Fifth Wall, Argonautic Ventures, and Ironspring Ventures, will enable Document Crunch to continue scaling its contract risk review solution, which has become widely used by back offices throughout the construction industry. The round will also help to grow its team and further develop cutting-edge contract compliance solutions for project teams, who bear the responsibility of contract execution during construction.
EliseAI, a machine-learning technology company, is pleased to announce that they are a 10th Annual Real Estate Tech Awards (RETAs) winner in the Mid-Market Growth category, presented by CREtech (cretech.com), the world’s leading community of professionals devoted to technological innovation in the real estate sector.
EliseAI, the premier conversational AI platform for real estate, announced its $35 million Series C fundraising round led by Point72 Private Investments, with participation from Koch Real Estate Investments and existing investors Golden Seeds, Navitas Capital, JLL Spark, and DivcoWest
With the rapid pace of innovation in and around Generative AI technologies, Navitas believes that intelligent products powered by AI are the new differentiator for vertical software. The traditional benefits of vertical SaaS lay the groundwork for an impactful and thoughtful deployment of Generative AI technology that consistently lead to positive business outcomes.
Through this three-part series, Navitas explores the potential for Proptech solutions to tackle issues related to housing affordability. In part two, Jenny Song explores new approaches to rental housing, including alternative screening, security deposit replacement, rent rewards, and co-living.
The ecosystem of embedded infrastructure solutions within FinTech has created a backbone upon which platforms can quickly innovate to offer customers a wide range of desired solutions. The world of PropTech is in the early stages of a similar evolution. Over the next several years, we hope PropTech platforms will find compelling opportunities to leverage embedded solutions that enhance users’ interactions with the physical world.
Travis Putnam (Navitas Capital) provides perspective on the overall momentum of venture capital in the space while Ashley Colella (HqO) and Tyler Scriven (Saltbox) offer on-the-ground applications to some of the ways that technology is improving the relationship between property owners and tenants, the increasing role of logistics, and the importance of sorting data into actionable insights.
Navitas Capital believes we are on the verge of Artificial Intelligence (AI) disrupting the massive and technologically analog industries of real estate and construction. We may even go so far as to claim AI will likely be the single largest innovation catalyst creating shifts in value in the built world, effecting the way our industry invests, builds, operates, and maintains real estate. Companies that recognize the power of AI to improve their operation and successfully harness AI within the right places within their organizations will develop a competitive advantage, while those who do not, risk falling behind. Notably, this technology shift is already starting to occur(we will discuss specific case studies) and will accelerate in the years ahead, creating the next generation of startups focused on the built world.
Construction is a key industry across the world, representing approximately 13% of worldwide GDP or roughly $10 trillion in annual spend on construction-related goods and services. The sector employs over 7% of the world’s working population. Despite its relevance, the industry has struggled to evolve its approaches, and its productivity has suffered as a result. In fact, construction is one of the only industries that has experienced productivity losses over the last several decades.
While technology innovations have already made a significant impact on our sector and have helped produce a number of highly impactful startups such as WeWork, Katerra, PlanGrid, and Matterport, the emergence of blockchain is potentially one of the most powerful and disruptive forces to date. Its fundamental value proposition could reshape some of the most basic functions of how the industry operates today. From a venture capital perspective, blockchain enables the formation of a new wave of startups that have the potential to be highly impactful in the coming years.
In contrast to generalist venture capital firms, Navitas employs a differentiated approach to investing in the technology sector, with a unique focus on Real Estate Technology -- aka “PropTech” or “Building Tech” or “RE Tech”. The purpose of this white paper is to provide insight into the current themes and trends in the Smart Buildings sector in 2018, particularly from a venture capital perspective, and serves as a follow up (“second edition”) to our white paper titled “Intelligent Buildings & Enterprise,” which we published in 2014.
Paces, the leading GIS and data platform accelerating renewable energy project development, announced the successful completion of its Series A funding round, raising $11 million. This round, led by Navitas Capital, with participation from Suffolk Technologies and MCJ Collective, and existing investors Resolute Ventures, Soma Capital, and Y Combinator, will further accelerate the deployment of grid-connected projects across the clean energy infrastructure ecosystem.
Document Crunch, the construction industry’s leading contract intelligence platform, today announced it has raised a Series A funding round of $9M. The round, led by Navitas Capital and joined by existing Document Crunch major investors, Zacua Ventures, Fifth Wall, Argonautic Ventures, and Ironspring Ventures, will enable Document Crunch to continue scaling its contract risk review solution, which has become widely used by back offices throughout the construction industry. The round will also help to grow its team and further develop cutting-edge contract compliance solutions for project teams, who bear the responsibility of contract execution during construction.
EliseAI, a machine-learning technology company, is pleased to announce that they are a 10th Annual Real Estate Tech Awards (RETAs) winner in the Mid-Market Growth category, presented by CREtech (cretech.com), the world’s leading community of professionals devoted to technological innovation in the real estate sector.
EliseAI, the premier conversational AI platform for real estate, announced its $35 million Series C fundraising round led by Point72 Private Investments, with participation from Koch Real Estate Investments and existing investors Golden Seeds, Navitas Capital, JLL Spark, and DivcoWest
Travis Putnam (Navitas Capital) provides perspective on the overall momentum of venture capital in the space while Ashley Colella (HqO) and Tyler Scriven (Saltbox) offer on-the-ground applications to some of the ways that technology is improving the relationship between property owners and tenants, the increasing role of logistics, and the importance of sorting data into actionable insights.
Earlier this year, we shared our thinking on artificial intelligence’s emerging trends & transformative impact within our network via a whitepaper entitled “13 Things to Watch in AI.” As we have continued to discuss these ideas across our unique ecosystem of real estate & construction companies, startups, and other investors, we have decided to publish our thinking more broadly via a 4-part blog series. Starting with Part 1, we are pleased to share 3 things to watch in AI-related to technical advancements… please stay tuned for Part 2 next week!
With the rapid pace of innovation in and around Generative AI technologies, Navitas believes that intelligent products powered by AI are the new differentiator for vertical software. The traditional benefits of vertical SaaS lay the groundwork for an impactful and thoughtful deployment of Generative AI technology that consistently lead to positive business outcomes.
Through this three-part series, Navitas explores the potential for Proptech solutions to tackle issues related to housing affordability. In part two, Jenny Song explores new approaches to rental housing, including alternative screening, security deposit replacement, rent rewards, and co-living.
The ecosystem of embedded infrastructure solutions within FinTech has created a backbone upon which platforms can quickly innovate to offer customers a wide range of desired solutions. The world of PropTech is in the early stages of a similar evolution. Over the next several years, we hope PropTech platforms will find compelling opportunities to leverage embedded solutions that enhance users’ interactions with the physical world.
Navitas Capital believes we are on the verge of Artificial Intelligence (AI) disrupting the massive and technologically analog industries of real estate and construction. We may even go so far as to claim AI will likely be the single largest innovation catalyst creating shifts in value in the built world, effecting the way our industry invests, builds, operates, and maintains real estate. Companies that recognize the power of AI to improve their operation and successfully harness AI within the right places within their organizations will develop a competitive advantage, while those who do not, risk falling behind. Notably, this technology shift is already starting to occur(we will discuss specific case studies) and will accelerate in the years ahead, creating the next generation of startups focused on the built world.
Construction is a key industry across the world, representing approximately 13% of worldwide GDP or roughly $10 trillion in annual spend on construction-related goods and services. The sector employs over 7% of the world’s working population. Despite its relevance, the industry has struggled to evolve its approaches, and its productivity has suffered as a result. In fact, construction is one of the only industries that has experienced productivity losses over the last several decades.
While technology innovations have already made a significant impact on our sector and have helped produce a number of highly impactful startups such as WeWork, Katerra, PlanGrid, and Matterport, the emergence of blockchain is potentially one of the most powerful and disruptive forces to date. Its fundamental value proposition could reshape some of the most basic functions of how the industry operates today. From a venture capital perspective, blockchain enables the formation of a new wave of startups that have the potential to be highly impactful in the coming years.
In contrast to generalist venture capital firms, Navitas employs a differentiated approach to investing in the technology sector, with a unique focus on Real Estate Technology -- aka “PropTech” or “Building Tech” or “RE Tech”. The purpose of this white paper is to provide insight into the current themes and trends in the Smart Buildings sector in 2018, particularly from a venture capital perspective, and serves as a follow up (“second edition”) to our white paper titled “Intelligent Buildings & Enterprise,” which we published in 2014.