Bentley iTwin Ventures
Corporate VCSeed–Series B
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×1Netherlands×1United States×1
Investments · 6 tracked
founders shown can be your intro path
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 construction site monitoring by combining fixed cameras, drone capture, 360° walkthroughs, and AI analytics in a single platform that offers live feeds, time-lapse, recordings, and BIM overlays.
AI & Machine LearningConstruction TechSaaS
Marco Herbst(Founder)in
Co-investorsCerity Partners Ventures
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 Fund
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
Fiona Spruill(CEO)in
Co-investorsTechstarsB CapitalCapitalTClimate CapitalConvective CapitalEnergy Impact Partners+8 more
Portfolio news
latest coverage across their companiesBentley · investing.com · Aug 18, 2026
Overstory · iamsterdam.com · Dec 2, 2025
Frequently asked questions
- How many investments has Bentley iTwin Ventures made?
- Bentley iTwin Ventures has 5 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 5 tracked co-investors.
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