Introduction
Brick & Mortar Ventures, founded in 2015, is a venture capital firm dedicated to transforming the architecture, engineering, construction, and facilities management industries through innovative technology.
They focus on identifying, investing in, and nurturing emerging companies that offer groundbreaking software and hardware solutions. By challenging traditional processes and integrating advanced technologies, Brick & Mortar Ventures aims to significantly improve project delivery, efficiency, and safety in the built world.
Key Staff Members – Investors
Darren Bechtel – Managing Director
Guillaume Bazouin – Partner, EMEA
Curtis Rodgers – Partner
Austin Yount – Principal
Kaustubh Pandya – Partner
Alice Leung – Vice President, Platform & Product Strategy
Key (AEC) Tech Investments
Fieldwire
Brick & Mortar Ventures invested in Fieldwire, a field management platform designed for construction teams. The platform enhances on-site productivity by streamlining communication, task management, and real-time collaboration among teams. Fieldwire’s success is evident in its widespread adoption across the construction industry, leading to more efficient project execution and significant cost savings.
Rhumbix
Rhumbix is another key investment, offering a construction productivity platform that digitizes field data collection. By providing real-time insights into labor and materials, Rhumbix has improved decision-making processes and operational efficiency for construction projects.
Focus Area In Construction Tech
Brick & Mortar Ventures concentrates on the architecture, engineering, construction, and facilities management sectors. Their investments target a wide range of technological advancements, from digitalisation of traditional processes to cutting-edge innovations.
Areas of interest include cloud-based collaboration tools, workforce telematics, asset tracking systems, and autonomous construction equipment. They also focus on reality capture technologies and exoskeletons, aiming to enhance productivity, safety, and project delivery within these industries.
By investing in both incremental improvements and radical disruptions, Brick & Mortar Ventures seeks to drive significant transformation in the built environment.
Investment Strategy
Brick & Mortar Ventures employs a strategic approach to investing in companies that promise substantial impacts on the built environment. Their philosophy centers on identifying early-stage startups with the potential to disrupt traditional industry practices.
They prioritise companies developing scalable solutions that address critical inefficiencies and safety concerns in construction and facilities management. By fostering close partnerships and providing strategic support, Brick & Mortar Ventures ensures these companies can achieve sustainable growth and innovation.
Their hands-on involvement and industry expertise help portfolio companies navigate challenges, scale their operations, and ultimately transform the architecture, engineering, and construction sectors.
Investment Metrics
Correct as of August 2024.
AEC-Tech Activity
Number of early AEC-Tech Unicorns: 0
AEC-Tech Rank: 13
Deal Activity
Number of deals in last 12 months (incl. follow-ons): 4
Number of deals per year in last 3 years (average, incl. follow-ons): 6
