Introduction

Blackhorn Ventures, founded in 2017, is a venture capital firm dedicated to transforming and decarbonizing the industrial economy through digital infrastructure. With a focus on Energy, Construction, Supply Chain, and Transportation sectors, Blackhorn invests in companies that drive operational efficiency and reduce greenhouse gas emissions.

Their portfolio features companies utilizing software-centric solutions and asset-light approaches to address critical industrial challenges. By supporting early-stage ventures, Blackhorn aims to create significant environmental and social impacts while delivering strong financial returns.

Key Staff Members – Investors

Blackhorn Ventures - Philip O’Connor

Philip O’Connor – Co-Founder and Managing Partner

Blackhorn Ventures - Stephan Cizmar

Stephan Cizmar – Partner

Blackhorn Ventures - Micah Kotch

Micah Kotch – Partner

Blackhorn Ventures - Cameron Carver

Cameron Carver – Analyst

Blackhorn Ventures - Melissa Cheong

Melissa Cheong – Managing Partner

Blackhorn Ventures - Ted White

Ted White – Senior Advisor

Blackhorn Ventures -Trevor Zimmerman

Trevor Zimmerman – Co-Founder and Managing Partner

Blackhorn Ventures - Mark Loch

Mark Loch – Operating Partner

Blackhorn Ventures - Bill Ritter

Bill Ritter – Operating Partner

Blackhorn Ventures - Amanda Rohrer

Amanda Rohrer – Senior Associate

Blackhorn Ventures - Theresa Barrett

Theresa Barrett – Executive Assistant

Blackhorn Ventures - Christina Curtis

Christina Curtis – Senior Advisor of Talent Strategy

Blackhorn Ventures - Jack Fuchs

Jack Fuchs – Co-Founder and Operating Partner

Blackhorn Ventures - Dr. Raymond Levitt

Dr. Raymond Levitt – Operating Partner

Blackhorn Ventures - Omar Smith

Omar Smith – Senior Associate

Blackhorn Ventures - Will Cognetti

Will Cognetti – Analyst

Blackhorn Ventures - Bret Kadison

Bret Kadison – Senior Advisor

Blackhorn Ventures - Brittany Witucky

Brittany Witucky – Finance and Operations Manager

Key (AEC) Tech Investments

Alumni Ventures has strategically invested in several innovative companies within the Architecture, Engineering, and Construction (AEC) technology sector, focusing on startups that are transforming the industry through advanced technology and sustainable practices. Three notable investments include:

agorus logo

Agorus

Agorus is a standout in Blackhorn Ventures’ portfolio, revolutionizing the construction industry through its precision-engineered, custom-built homes. The company combines cutting-edge technology with advanced manufacturing processes to drastically reduce construction time and waste.

Agorus’s innovative approach enables the rapid production of high-quality homes, addressing the increasing demand for efficient, sustainable housing. Their focus on streamlining the construction process positions them as a leader in the AEC (Architecture, Engineering, and Construction) tech space, where speed and accuracy are critical.

alice technologies logo

Alice Technologies

Alice Technologies is a leading AEC tech company in Blackhorn Ventures’ portfolio, offering an AI-powered construction simulation and optimization platform. The platform enables construction teams to explore millions of different project plans to identify the most efficient ways to build complex projects.

This technology is transforming how construction projects are managed by optimizing timelines, reducing costs, and improving resource allocation. Alice Technologies’ innovative approach allows for greater flexibility and resilience in construction planning, making it a vital tool for the industry.

ecoworks logo

Ecoworks

Ecoworks is a transformative company in the AEC space, specializing in the modernization of older buildings to meet Net Zero standards. Their serial renovation process not only reduces carbon emissions but also significantly improves energy efficiency and living conditions in urban environments.

Ecoworks’ ability to upgrade existing structures to be more sustainable without the need for complete rebuilds makes them a crucial player in the AEC industry, particularly in the push toward greener cities. Their approach aligns perfectly with Blackhorn Ventures’ focus on decarbonization and resource efficiency.

Focus Area In Construction Tech

Blackhorn Ventures invests in sectors critical to the industrial economy, including Energy, Construction, Supply Chain, and Transportation. These industries generate substantial revenue and are key contributors to global greenhouse gas emissions. Blackhorn’s focus is on digital infrastructure that drives operational efficiency and decarbonization.

They back companies utilizing enterprise software models, off-the-shelf hardware, and asset-light approaches to achieve scalable environmental impacts. By targeting hard-to-abate sectors, Blackhorn aims to enhance resource efficiency and national security, supporting the deployment of renewable energy, resilient supply chains, and zero-emission transportation solutions.

Investment Strategy

Blackhorn Ventures employs a strategic approach to early-stage investments, primarily in Series Seed and Series A funding rounds. They believe this stage is crucial for shaping a company’s trajectory and achieving significant impact. Their investment philosophy centers on supporting best-in-class entrepreneurs who are digitizing and decarbonizing industrial sectors.

Blackhorn provides comprehensive support in go-to-market strategies, talent acquisition, leadership development, and fundraising syndication. Leveraging deep industry expertise and pattern recognition, they offer substantial value to their portfolio companies, positioning them for scalable success. Their dual focus on financial returns and environmental impact reflects a commitment to creating sustainable industrial advancements.

Investment Metrics

Correct as of August 2024.

AEC-Tech Activity

Number of early AEC-Tech Unicorns: 0
AEC-Tech Rank: 9

Deal Activity

Number of deals in last 12 months (incl. follow-ons): 10
Number of deals per year in last 3 years (average, incl. follow-ons): 9

Other Resources