Who invests in construction tech and proptech
Design IRL Editorial · Checked 8 November 2026 · For founders looking for investors who already understand construction, real estate or design · How we make our guides
An investor who has backed construction before will understand your sales cycle and may open doors to customers. Here are the kinds of investor active in the built world, each named only alongside a deal we could verify. It isn't a ranking or a complete list.
Funds that specialise in construction
| Investor | Examples of deals |
|---|---|
| Foundamental | Led Brick & Bolt's Series A; co-led Snaptrude's US$14m Series A with Accel (2023); in Infra.Market's pre-IPO round (2024); led CalcTree's €2.3m pre-seed (2025) |
| Brick & Mortar Ventures | Led Hypar's US$5.5m Series A (2023) and StruxHub's US$4m seed |
| Building Ventures | Led BuildFactory's US$4.5m pre-seed (2025); in Hypar's Series A |
| Zacua Ventures | US$56m first fund backed by 19 corporates including Cemex, Procore and Volvo; led Flexnode's US$9m seed (2024); in Outbuild's US$11m Series A |
Corporate venture arms
Materials, equipment and software companies invest to find products they can sell or use. Corporates took part in most of the sector's venture money in 2025 (see our guide to how construction startups get funded).
| Investor | Examples of deals |
|---|---|
| Cemex Ventures | Invested in AI process-optimisation company OPTIMITIVE (2025) |
| Holcim MAQER Ventures | Invested in Vateris (formerly Concrete4Change), its 20th investment (2026); Holcim also in StruxHub's seed |
| Saint-Gobain NOVA | Minority stake in Plantformance's first growth round (2023) |
| Hilti Venture | In Outbuild's US$11m Series A (2024); focuses on construction software, jobsite robotics and industrialised construction |
| Trimble Ventures | In Outbuild's Series A (2024) |
Proptech funds
| Investor | Examples of deals |
|---|---|
| Fifth Wall | Co-led Juniper Square's US$130m Series D (2025), a real-estate investment software company |
| MetaProp | Co-led construction-finance startup CoFi's US$7m seed (2022) |
Commercial Observer cites a Wells Fargo projection of US$16.5bn in proptech private equity and venture funding for 2025, down from US$19.4bn in 2024, with investors favouring tools that show a clear return.
Who has backed Indian startups in the sector
| Startup | Round | Investors named |
|---|---|---|
| Infra.Market | ~US$125m Series D (2025); US$150m debt (2025) | Tiger Global (lead), with Accel and Nexus; Mars Growth Capital (debt) |
| Livspace | US$180m Series F (2022) | KKR (lead) |
| NoBroker | US$210m Series E (2021) | General Atlantic, Tiger Global, Moore Strategic Ventures |
| Snaptrude | US$14m Series A (2023) | Foundamental and Accel, with Fortius Ventures |
| Brick & Bolt | US$10m Series A2 (2023) | Accel and Celesta Capital |
| Powerplay | US$7.14m Series A (2022) | Accel (lead), Sequoia Surge, India Quotient |
| Design Cafe | US$25m Series B (2021) | WestBridge Capital (lead), Sixth Sense, Fireside |
| Bandhoo | ₹7.35 crore pre-Series A (2024) | Venture Catalysts |
Accelerators and competitions
- Construction Startup Competition: run by Cemex Ventures with partners including Caterpillar, Ferrovial, Hilti, NOVA by Saint-Gobain, Trimble and Zacua. The 2025 edition drew 563 applications from 54+ countries and picked 13 winners, who pitched at industry events.
- Plug and Play Real Estate & Construction: launched in 2018 with Cushman & Wakefield as founding partner; corporate partners pilot startups' products.
- Suffolk BOOST: the builder Suffolk's accelerator, which Construction Dive reported had featured 30 startups by 2025.
Before you pitch
Check each investor's current focus and fund on their own site: strategies change, and a deal from a few years ago doesn't mean they're investing now. This is general information from published sources, not legal, tax or investment advice.
Sources
Schemes, amounts and investors change. Check the official page before you apply or pitch.
- ‘Foundamental’s 2024 in review’, Foundamental, 17 Jan 2025
- ‘Accel and Celesta invest $10 million in Brick & Bolt’, Foundamental, 10 Jan 2023
- ‘Snaptrude raises $14m in Series A’, AEC Magazine, 10 Nov 2023
- ‘Foundamental leads investment in CalcTree’, Foundamental, 8 Jul 2025
- ‘Hypar: $5.5 million secured for building design automation’, Pulse 2.0, Jul 2023
- ‘StruxHub secures $4 million’, StruxHub
- ‘The future of construction runs through BuildFactory’ (press release), Construction Dive, 3 Nov 2025
- ‘Zacua Ventures nets $56m for first fund from 19 corporates’, Global Venturing, 27 Feb 2024
- ‘Outbuild raises $11 million (Series A)’, Pulse 2.0, 22 Nov 2024
- ‘Cemex Ventures invests in AI startup’, World Cement, 23 Apr 2025
- ‘Vateris secures strategic investment from Holcim and Kiilto’, World Cement, 7 Apr 2026
- ‘Holcim invests in Vateris’, Holcim
- ‘Plantformance secures growth capital’, Startupticker.ch, 6 Jun 2023
- Hilti Venture, Hilti Group
- Philip Russo, ‘Proptech funding in 2025’, Commercial Observer, 9 Dec 2025
- ‘CoFi lands $7M seed for construction finance platform’, FinLedger, 9 Mar 2022
- ‘Infra.Market secures $150 Mn from Mars Growth Capital’, Entrackr, 30 Jun 2025
- ‘Infra.Market raises USD 50 mn from MARS Growth Capital’ (PTI), The Week, 30 Jun 2025
- ‘Livspace raises $180 Mn in Series F’, People Matters, 8 Feb 2022
- ‘NoBroker becomes India’s first real estate unicorn’, The Week, 23 Nov 2021
- ‘Powerplay bags $7.14 Mn led by Accel’, Inc42, 8 Sep 2022
- ‘Design Cafe raises $25 Mn led by WestBridge Capital’, Entrackr, 20 Sep 2021
- ‘Bandhoo raises funding from Venture Catalysts’, Indian Startup News, 2 Mar 2024
- ‘Construction Startup Competition 2025 selects winners’, Hilti Group, 27 Oct 2025
- ‘Cushman & Wakefield announces partnership with Plug and Play’, Cushman & Wakefield, 3 Dec 2018
- ‘Builders eye later-stage startups in funding ventures’, Construction Dive, 16 Jul 2025
- Construction Tech Report 2026: State of VC in the Built Environment, Nymbl Ventures (data to Q1 2026)