Fundraising Fox
Bentley iTwin Ventures
Corporate VCSeed–Series B
Find your way into Bentley iTwin Ventures
Investment thesis
Bentley Ventures is a $100 million corporate venture capital fund co-investing in startups strategically relevant to Bentley Systems' goal of digitalizing infrastructure. It prioritizes seed to Series B companies developing transformational digital twin solutions across the design, simulation, construction, and operation of physical infrastructure. Focus areas include digital twin engineering and asset lifecycle management spanning IoT, cell towers, digital cities, utilities and water reliability, environmental, transportation, renewables, digital factories, and construction. Beyond capital, the fund offers portfolio companies access to Bentley's iTwin cloud-based digital twin platform, industry expertise, mentorship, and connections to infrastructure leaders. It also runs the Bentley Activate program offering up to $250k in funding and technical support.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 6 of 6 portfolio companiesConstruction Tech ×4Enterprise Software ×4SaaS ×4AI & Machine Learning ×3Climate Tech ×2Data & Infrastructure ×2Energy ×2Cleantech ×1
HQs:Canada×1United Kingdom×1Netherlands×1United States×1
Investments · 6 tracked
founders shown can be your intro pathBy year:2023 · 12022 · 12 dated
Bentley provides software for infrastructure professionals to design, build, and operate infrastructure projects across multiple disciplines and lifecycle phases.
Climate TechConstruction TechData & InfrastructureDeveloper ToolsEnterprise SoftwareSaaSExton, US
Co-investorsPeterson Ventures
Evercam provides an AI-powered platform that centralizes construction site visual intelligence by integrating footage from fixed cameras, drones, and 360° walkthroughs.
AI & Machine LearningConstruction TechIoTSaaS
Marco Herbst(Founder)in
Co-investorsCerity Partners VenturesSalica InvestmentsDBIC VenturesEnterprise Ireland
FieldTwin is a unified field design platform for energy projects that enables engineers to design, visualize, and test field layouts with real-world coordinates while managing assets, pipelines, and costs in a single browser-based workspace.
Cloud ComputingData & InfrastructureEnergyEnterprise SoftwareSaaS
Stig Wølstad-Knudsen(CEO)inOlav Sylthe(CTO)inHerman Sannerholt(CFO)inRenner Vaughn(CCO)inFilip Valica(VP Corporate Development)inMona Tjore(Head of People)in
Niricson provides AI and machine learning-powered infrastructure inspection technology using robotics and computer vision to assess the condition of assets like bridges and dams.
AI & Machine LearningConstruction TechFintechRoboticsVictoria, CA
Harsh Rathod(Co-Founder and CEO)inAki Tomita(Co-Founder and CTO)inLaura di Bonaventura(Director)
Co-investorsTechstarsCerity Partners VenturesForward Venture CapitalSwan Venture FundMuus Climate Partners
20tree.ai (operating as Overstory) provides AI-powered vegetation intelligence for electric utilities, combining satellite and aerial imagery with local asset data to optimize vegetation management programs.
AI & Machine LearningCleantechClimate TechEnergyEnterprise SoftwareInsurTechAmsterdam, NL
Indra den Bakker(Co-founder)inDoug Perrygo(CFO)inTamara Mendelsohn(COO)inBrian Lafayette(VP of Product & Strategy)inPeternille Dekker(Head of People)inFiona Spruill(CEO)in
Co-investorsB Capital GroupB4 CapitalCapitalTCerity Partners VenturesConvective CapitalElewit+17 more
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Bentley develops software for infrastructure professionals to design, build, and operate infrastructure projects across multiple disciplines and lifecycle phases.
Construction TechEnterprise SoftwareSaaS
Portfolio news
latest coverage across their companiesFrequently asked questions
- How many investments has Bentley iTwin Ventures made?
- Bentley iTwin Ventures has 6 tracked investments.
- What stage does Bentley iTwin Ventures invest at?
- Bentley iTwin Ventures invests at the Seed, Series A, Series B stages.
- What is Bentley iTwin Ventures's typical check size?
- Bentley iTwin Ventures typically writes checks of $250K – $5M.
- What sectors does Bentley iTwin Ventures focus on?
- Bentley iTwin Ventures focuses on Advanced Manufacturing, AI & Machine Learning, Cleantech, Climate Tech, Cloud Computing, Construction Tech, Deep Tech, Energy, IoT, Mobility & Transportation, PropTech, SaaS.
- Who does Bentley iTwin Ventures co-invest with?
- Bentley iTwin Ventures most often shares deals with Cerity Partners Ventures, Forward Venture Capital, Peterson Ventures, among 6 tracked co-investors.
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