San Francisco · Pre-Seed–Series B · 15 people tracked
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Investment thesis
Foundamental invests in construction-tech hardware founders building precision-focused products. The firm's thesis emphasizes that hardware accuracy in construction is exponentially more valuable than consumer applications, with millimeter errors creating substantial waste. Successful ventures combine professional-grade sensor accuracy with software innovation to create durable competitive advantages. The firm prioritizes founders who can achieve rapid hardware iteration velocity, build modular solutions that integrate with construction workflows, and establish platforms through data assets and ecosystem effects rather than specifications alone. Long-term value creation comes from solutions that eliminate undesirable job aspects while maintaining professional reliability standards.
Source: firm website, verified Sep 27, 2026.
Team · 15 people
from the firm's website & public directoriesFounder mafia
4 people who came through Foundamental went on to found or lead other companies.
What they invest in
from 66 of 82 portfolio companiesConstruction Tech ×32PropTech ×24SaaS ×24AI & Machine Learning ×18Enterprise Software ×18Fintech ×9B2B Marketplaces ×8Cleantech ×7
HQs:United States×17India×12Germany×4Singapore×3France×2United Kingdom×2
Who they back
founder profiles across 35 portfolio companiesFounding team size:solo founder×172 founders×93 founders×64+ founders×3
Where their founders studiedfrom 43 founders with education data
Harvard University ×3ESSEC Business School ×2ETH Zürich ×2Indian Institute of Technology Kanpur ×2Indian Institute of Technology, Roorkee ×2Massachusetts Institute of Technology ×2National University of Singapore ×2Stanford University Graduate School of Business ×2
What their founders studiedfrom 45 founders with field-of-study data
Engineering ×14Business & Management ×13Computer Science ×8Design & Architecture ×6Economics ×6Finance & Accounting ×4Mathematics & Statistics ×4Law ×2
Where their founders worked beforefrom 44 founders with career history
Uber ×3Arup ×2BOOST ×2Microsoft ×2United Nations ×2
Accelerator rootsportfolio companies that came through a program
6 founders hold a PhD · 7 hold an MBA (of 47 with degree data)
Investments · 82 tracked
founders shown can be your intro pathBy year:2025 · 52024 · 32023 · 92022 · 122021 · 52020 · 42019 · 139 dated
Brick & Bolt provides commercial construction services across categories including co-living and rental housing, retail showrooms, office and coworking spaces, industrial buildings, educational institutions, hospitality venues, and healthcare facilities.
B2B MarketplacesConstruction TechMarketplacesPropTechBengaluru, IN
Arpit Rajpurohit(Co-Founder)inJayesh Rajpurohit(Co-Founder and CEO)in
Co-investorsAccelCelesta CapitalStride VenturesPeak XV PartnersSurge
Monumental develops autonomous construction robots with in-house hardware, software, and machine vision to lay bricks and build structures on real building sites.
Construction TechHardwareRoboticsAmsterdam, NL
Salar(Co-founder)inSebastiaan Visser(Founder)inSalar al Khafaji(Founder)
Co-investorsKhosla VenturesNorthzoneHummingbird VenturesPlural
Nuqlea operates a digital B2B platform (Nuqlea Studio) that connects construction industry players — manufacturers, distributors, and building companies — along with financing and logistics providers to make material procurement more efficient.
B2B MarketplacesConstruction TechFintechPropTech
Gastón Remy(CEO)inPablo Silveri(CFO)inInés Cura(COO)inFederico Freund(CTO)in
Co-investorsNewtopia VC
011h designs and builds housing using an industrialized construction system and digital platform that integrates factory, design, and on-site work.
Climate TechConstruction TechPropTechBarcelona, ES
Carlos Llibre(Founder)Josep Barbera(Founder)José Manuel Villanueva(Founder)Lucas Carné(Founder)
Ackcio builds wireless monitoring systems and devices for industrial and geotechnical operations, used above ground and below ground to increase safety, manage risk, and monitor critical infrastructure.
Advanced ManufacturingConstruction TechEnterprise SoftwareHardwareIoTSingapore, SG
Mobashir Mohammad(Co-founder and CEO)inNimantha Baranasuriya(Co-founder and Non-Executive Director)inKenny Wang(COO)in
Co-investorsAngelCentralEntrepreneur FirstSGInnovateWavemaker PacificWavemaker PartnersAtlas Ventures+1 more
Aeria builds digital tenant experience solutions for commercial real estate, focused on improving tenant and employee engagement, satisfaction, and retention.
AI & Machine LearningEnterprise SoftwarePropTechSaaS
Priyanka Gera(Founder & CEO)inPiyush Kateja(Co-Founder & Director)inAwnish Kumar(Co-Founder & Head of Engineering)in
Co-investorsKalaari Capital
Brick provides an AI-based platform for insurance companies to automate and audit decision-making processes such as underwriting, claims, and fraud prevention, including intelligent document reading and workflow automation.
AI & Machine LearningInsurTechSaaS
Co-investorsBroom Ventures
Brick provides an end-to-end DCIM (data center infrastructure management) system that installs digital meters and a universal gateway to unify legacy and modern building systems without rip-and-replace, using AI to tune HVAC, cooling, and major loads within approved limits.
AI & Machine LearningCleantechEnergy
Sebastian Sheng(Founder)in
Co-investorsRebellion VenturesAccelBroom VenturesCelesta CapitalHoney Island CapitalPeak XV Partners+3 more
CalcTree is a no/low-code platform that automates calculation and workflow tasks for engineers, reducing time spent rebuilding calculations and managing data.
AI & Machine LearningConstruction TechDeveloper ToolsSaaS
Mahan LameiinOnur EkinciinTim Rawlingin
Co-investorsAntlerSuffolk Technologies
CarbonBuilt makes low-carbon concrete masonry and hardscape products by replacing up to half the cement with its proprietary upcycled binder, reducing the carbon footprint of concrete production.
CleantechConstruction TechNew MaterialsTorrance, US
Gaurav Sant(Founder)inRahul Shendure(Founder)in
BoardEdward Muller(Executive Officer, Director)Neil Renninger(Director)
Co-investorsAutodesk FoundationConnecticut Innovations
Conversant.ai builds AI applications for industrial commerce that read any document format, normalize messy supplier data, check product compatibility against specs, and generate quotes with citations to source data.
Advanced ManufacturingAI & Machine LearningEnterprise SoftwareSaaS
RenoFi provides proprietary renovation underwriting technology that enables lenders to offer renovation loans based on after-renovation value, helping homeowners increase borrowing power for home renovations.
FintechPropTechSan Francisco, US
Alex Czarnecki(Founder)
Co-investors1Sharpe VenturesITERATIVEReshapeBase10 PartnersDivcoWestFifth Wall+2 more
Cutr operates a B2B marketplace and software platform that connects architects, interior designers, project furnishers, and builders with a network of wood manufacturing partners.
Advanced ManufacturingB2B MarketplacesConstruction TechDeveloper ToolsEnterprise SoftwareMarketplacesSaaSAmsterdam, NL
Oscar Peppitt(Founder)inRodny Heemskerk(Founder)inJasper Mittelmeijer(Founder)inMenno Pruijssers(Vice President of Software Engineering)inZack Heller(Vice President Eng)
Co-investorsnoaSoma CapitalTimon CapitalY CombinatorAndreessen HorowitzChalfen Ventures
Dekoruma is an Indonesian online furniture and home furnishing retailer specializing in modern premium and Japandi-style furniture and accessories.
ConsumerE-commercePropTechJakarta, ID
Dimas Harry Priawan(Founder)in
Co-investorsAC VenturesKejora CapitalOCBC NISP VenturesSkystar CapitalKTB Network
Desteia builds AI-native software for cross-border logistics and global trade operations, offering real-time shipment tracking, automated customs paperwork, and alerts.
AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainNew York City, US
Co-investors0BSAutotech VenturesNazcaNido VenturesBridge LatamVillage Global
Earlytrade offers an auction-based early payment platform that lets commercial general contractors pay their subcontractors ahead of schedule in exchange for a discount, giving contractors returns on their capital while helping trade partners get paid earlier.
Construction TechFintech
Guy Saxelby(Founder)inPiers Symons(Founder)in
Co-investorsAntlerIsaiS3 VenturesShearwater CapitalBrick Mortar Ventures
Enter offers heat pumps and photovoltaic systems for homeowners, including online building analysis, expert consultation, system sizing, and installation through certified regional SHK (heating and plumbing) master contractors.
CleantechClimate TechEnergy
Co-investorsCoatue ManagementFounders FundGerman Media PoolLoric VenturesnoaPartech Ventures+8 more
Henrique Vaz(Founder)Maksim Nogotkov(Founder)Mateus Costa-Ribeiro(Founder)Michael Mac-Vicar(Founder)
Co-investorsAtlanticoFounders FundGerman Media PoolKaszek VenturesnoaPartech Ventures+3 more
Faktus is a neobank for construction (BTP) SMEs that turns work invoices into immediate cash through invoice financing, guarantees, and a pro account centralizing collections, expenses, and funding by construction site.
Construction TechFintechSaaSParis, FR
Co-investorsKima VenturesSuper Capital VC
ForgeHQ provides customs brokerage, tariff refunds, and duty drawback services for importers, combining licensed broker expertise with AI technology to accelerate customs clearance and recover import duties.
AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainNew York City, US
Emir Sahmanovic(CEO)inHaris Sahmanovic(CTO)inDennis Fong(Founder)George Ng(Founder)Kun Gao(Founder)
Co-investorsGradient VenturesY CombinatorBase10 PartnersBitkraft Esports VenturesBoston Seed Capital
Forge is an HVAC company that installs and upgrades home heating and cooling systems, with a focus on heat pumps, using in-house crews.
CleantechClimate TechEnergy
Co-investorsBantam GroupBoston Seed CapitalNextView VenturesUtopian Ventures
GoCement is an Indonesian online marketplace for building and construction materials, connecting buyers with local building-supply stores via a mobile app and website.
B2B MarketplacesConstruction TechE-commerce
Co-investorsDS/X VenturesKejora CapitalReflect VenturesSpiral VenturesBEENEXT
BJ Siegel(Founder)Chester Chipperfield(Founder)David Haase(Founder)Devin Tivona(Founder)Devon Tivona(Founder)Harjit Sajjan(Founder)
Co-investorsEmpire AngelsBlackbird VenturesCanaan PartnersFuel VenturesHashedHoxton Ventures+7 more
1Win is an online betting and casino platform offering cricket betting, casino games, and the Aviator crash game to users in India.
Gaming
Co-investorsAxilor Ventures
Graneet is an ERP software for small and mid-sized construction (BTP) companies with revenue between €2M and €100M, covering cost estimating, progress invoicing, purchasing, labor tracking, and real-time margin monitoring per project.
Construction TechEnterprise SoftwareSaaS
Jean-Gabriel Niel(Founder)in
Co-investorsAxeleo CapitalPoint Nine
GreenFortune manufactures window and door systems in India using PVC profiles and supplies them to fabricators who serve end customers.
Advanced ManufacturingConstruction TechConsumerHardwareSector AgnosticHyderabad, IN
Co-investorsIncubate Fund
Handoff is an AI-native construction management and estimating platform for residential contractors including remodelers, home builders, and trade contractors.
AI & Machine LearningConstruction TechEnterprise SoftwarePropTechSaaSAustin, US
Dmitry Alexin(Founder)inBryan Kaplan(Head of Engineering)Tyler Kvochick(CV Engineer)Michael Darr(Full-Stack Engineer)Doug Hugo(COO)Chris Whitsett(Product Designer)
Co-investorsCerity Partners VenturesEarl Grey CapitalGreycroftInitialized CapitalMetaPropMetaProp Ventures+10 more
FARO Sphere XG (formerly HoloBuilder) is a digital reality platform that gives jobsite stakeholders remote 3D access using 360° photos, 3D point clouds, and design data organized on floor plans for progress tracking and documentation.
Construction TechPropTechSaaS
Mostafa Akbari Hochberg(Founder)in
Co-investorsTandem Capital
Homebase is a blockchain-based platform that enables fractional ownership of residential real estate properties through tokenization on the Solana network.
Crypto & Web3Enterprise SoftwareFintechPropTechSaaSNew York City, US
Co-investorsBantam GroupCowboy VenturesTechstarsACE & CompanyBain Capital VenturesBaseline Ventures+8 more
Homebase is a Southeast Asian proptech company that helps individuals achieve home ownership, including through installment-based homebuying processes.
FintechMarketplacesPropTechHo Chi Minh City, VN
Jun Yuan Tan(Founder)inPhillip AnNhien Du(HR)test test(HR)Trang Nguyen(HR)Thy Tran(HR)
Co-investorsY Combinator1982 VenturesAntlerEmles Venture PartnersFlucas VenturesITERATIVE+17 more
Souvik Sengupta(Founder)inAaditya Sharda(Founder)
Co-investorsAccelAlexander Geza Marcus PejacsevichAlteria CapitalEvolvence India FundMars Growth CapitalNexus Venture Partners
Construction and infrastructure marketplace
Thane, IN
Co-investorsTrifecta Capital AdvisorsMars Growth Capital
Infraprimal Logistics develops electric truck technology for logistics and transportation markets.
CleantechHardwareLogistics & Supply Chain
Chetan SinghalinSubodh YadavSiddhartha Das
Co-investorsAlexander Geza Marcus PejacsevichLiquidity Capital
Ivy is a business management platform for interior design firms, covering product sourcing, proposals and invoicing, project tracking, time and expense tracking, online payments, and reporting.
Enterprise SoftwareSaaS
Co-investorsNFXBetter CapitalCreandumKhosla VenturesTitan CapitalValar Ventures Llc+2 more
Ivy Homes purchases residential properties directly from homeowners in India by providing instant purchase offers based on a proprietary valuation model, then renovates and resells the homes through partner channels.
PropTechBengaluru, IN
Pritam Thakur(Founder)inAbhilash Narahari(Founder)in
Co-investorsRebright PartnersTitan CapitalY CombinatorBetter CapitalGlobal Founders CapitalKhosla Ventures+2 more
Jumba provides a mobile app and operating system that enables hardware retailers to order cement directly, access credit, and manage orders securely.
B2B MarketplacesConstruction TechFintechSaaSNairobi
Kagure Wamunyu(Founder)inYvonne Bajela(Director)Peace Osangir(Executive Officer)Kevin Miano Njoka(Executive Officer, Director)Esther Kagure Wamunyu(Executive Officer, Director)
Co-investorsEnza CapitalFirstCheck AfricaFuture AfricaLocalGlobeSeedstarsSpeedinvest
Juno provides development tools and approaches for industrialized construction, focusing on prefabrication and mass timber systems to improve predictability and profitability in the construction industry.
Construction TechDeveloper ToolsPropTech
Emily Mills MarineauJen Canchola
Co-investorsAlumni VenturesComcast VenturesFJ LabsMetaPropMetaProp VenturesRET Ventures+4 more
Latii offers FORUM, an AI-driven management platform for the window and door industry that automates the quote-to-install process, using AI agents to analyze blueprints, generate material lists and quotes, and manage installation scheduling and quality checks.
AI & Machine LearningConstruction TechSaaSNew York, US
Santiago Bueno Velasco(Executive Officer, Director, Promoter)Juan Pascual Orero(Executive Officer, Director)
BoardRaja Ghawi(Director)in
Co-investorsAct One VenturesBrighter CapitalEra VenturesLeadout CapitalNine Four Ventures
LocoNav builds an AI-powered and IoT-enabled fleet operations management platform for commercial vehicle operators across industries.
AI & Machine LearningIoTLogistics & Supply ChainSaaSSan Francisco, US
Shridhar Gupta(Founder)inVidit Jain(Founder)inDavid Greenbaum(Director)
BoardShailesh Lakhani(Director)
Co-investorsAnthemis VentureMyAsiaVCSquareOne CapitalStonewater VenturesTrifecta Capital AdvisorsUncorrelated Ventures+3 more
Marrfa operates an online platform for cross-border real estate investing, offering an inventory of international residential and commercial properties along with market data such as historical price trends, rental yields, and capital appreciation forecasts.
B2B MarketplacesFintechMarketplacesPropTechDubai, AE
Co-investorsTDV PartnersTykhe Block VenturesTykhe Ventures
Mattoboard is a browser-based 3D mood board and virtual material sampling platform for interior designers and architects.
AI & Machine LearningPropTechLas Vegas, US
Guy Adam Ailion(Founder)in
Co-investorsCerity Partners VenturesMasco VenturesSoundboard Venture FundTechstarsAcrobator VenturesBlue Field Capital+2 more
Mighty Buildings manufactures prefabricated homes using 3D printing technology and robotics, with a goal of reducing construction emissions and waste.
PropTechRoboticsSan Francisco, US
Slava Solonitsyn(Founder)inDmitry Starodubtsev(Founder)inAlexey Dubov(COO)Sam Ruben(Founder)Dmitry Tsymbal(Head of HR)Anton Glance(Director of Manufacturing)
Co-investorsAbies VenturesAlumni VenturesAzure Ventures GroupBay Bridge Ventures ClimateBold Capital PartnersCM Ventures+43 more
Novade provides field management software that digitizes jobsite operations, captures site data, and applies AI to analyze performance and risks for construction, infrastructure, energy, utilities, and industrial projects.
AI & Machine LearningConstruction TechSaaSSingapore, SG
Denis Branthonne(Founder)in
Co-investorsWavemaker PartnersWind VentureSEEDS Capital
Ofload offers a Carbon Analytics Platform that tracks and reports logistics carbon emissions using the GLEC-accredited methodology, giving shippers real-time dashboards to measure Scope 3 emissions and set reduction targets.
B2B MarketplacesCleantechClimate TechLogistics & Supply ChainSaaSSydney, AU
Geoffroy(Founder & CEO)in
Co-investorsAlexander Geza Marcus PejacsevichGlitch CapitalJungle VenturesKing River CapitalLiquidity CapitalMaersk Growth+5 more
Onsite Teams (Abeyaantrix Technology Pvt Ltd) is a construction ERP and project management SaaS built for Indian contractors, builders, EPC firms, and interior companies, covering BOQ, procurement, labour attendance, billing, and project P&L.
Construction TechEnterprise SoftwarePropTechSaaSIndia, IN
Co-investorsArtha Venture Fund
Ordinary Objects provides design and prototyping tools for mixed reality projects, enabling designers to create visual representations of spatial experiences for stakeholders and developers.
Developer ToolsHardwareMobility & TransportationSaaS
Co-investorsSondo CapitalTomorrow Today ASBakken & Bæck AS
PermitFlow provides an AI-powered platform that automates the construction permitting lifecycle, from research and application preparation to submission and tracking.
AI & Machine LearningConstruction TechPropTechNew York City, US
Samuel Lam(Founder)inFrancis Thumpasery(Founder)inChad Waite(Head of Growth)Ty Avery-Miller(Recruiter)Hannah Hiler(Recruiter)Mark Tallabas(Recruiter)
Co-investors1Sharpe VenturesAccelAmino CapitalavraDepth VenturesFelicis Ventures+9 more
Plans develops mobile software for capturing, analyzing, and planning data related to construction and built environments.
Cloud ComputingConstruction Tech
Powerus is a job marketplace for skilled trades in Germany, connecting workers and employers in sectors including electrical installation, renewable energy, HVAC, plumbing, and building automation.
ConsumerHR TechMarketplacesBerlin, DE
Julian Lindinger(Founder)inKonrad Geiger(Founder)inOlha Vasylieva(Technical Recruiter)
Co-investorsBLN CapitalGeneral CatalystY CombinatorEurazeoHeadlineHV Capital+1 more
Prolance is a platform for interior designers and manufacturers that automates design workflows, generates quotes, and manages file and project data.
Construction TechSaaSPune, IN
Rama Harinath(Founder)in
Co-investorsAxilor VenturesForce Ventures
SWARM Platform is a digital compliance management software for retrofit projects in the UK, serving housing associations, contractors, and local authorities.
CleantechConstruction TechGovTechNew MaterialsPropTechRoboticsSaaS
Co-investors2050 CapitalAdjuvoEcoMachines VenturesEMV Capital
Rayon builds a web-based design tool for architects, interior designers, and creative teams, and maintains Kits, an open-source library of 2D architectural elements.
AI & Machine LearningConstruction TechCreator EconomyPropTechSaaS
Stanislas Chaillou(Founder)inShira Nathan(Founder)inBastien Dolla(Founder)
Co-investors20VCKima VenturesNorthzone
Reframe is a digital habit-change program that helps users reduce or eliminate alcohol consumption through science-based methods.
ConsumerDigital HealthHealthtechMental HealthWellness & FitnessAtlanta, US
Vedant Pradeep(Founder)inZiyi Gao(Founder)inBryan Zin(Founder)inAnna Lou(Ops Lead)Arsheen Kour(Executive Assistant)Leah Givarz(Executive Assistant)
Co-investorsAtlanta Tech VillageCathexis VenturesPioneerSaga VenturesY CombinatorCrystal Towers Capital+9 more
Reframe helps developers and builders deliver construction projects—from small multi-unit builds to community-scale developments—with more predictable timelines and outcomes.
Climate TechConstruction TechPropTechRobotics
Aaron Small(Founder)in
Co-investorsCubit CapitalEnergy Impact PartnersGlobal BrainRA CapitalService Provider CapitalVoLo Earth Ventures+2 more
Reneo is an asset and investment management platform for decarbonizing residential real estate portfolios in Germany.
Climate TechEnterprise SoftwarePropTechGermany, DE
Lennart Börner(Founder & Co-CEO)inAlexander Graubner-Müller(Founder & Co-CEO)in
Co-investorsAbingworthAisling CapitalAmzak HealthEurazeoLakestarLundbeckfonden Ventures+4 more
Pronto builds off-road autonomous haulage systems (AHS) designed for rugged industrial environments such as mines and quarries.
AI & Machine LearningMobility & TransportationRoboticsSunnyvale, US
Bibhrajit Halder(Executive Officer, Director)in
BoardAlexei Andreev(Director)in
Co-investorsDG Ventures, Inc.Embark VenturesMonta Vista CapitalAutotech VenturesBain Capital VenturesBrick Mortar Ventures+10 more
Snaptrude is a cloud-based design platform for architects and interior designers, supporting real-time, BIM-ready collaboration to accelerate concept design workflows.
AI & Machine LearningConstruction TechPropTechSaaS
Altaf Ganihar(Founder)in
Co-investorsAccelZ Nation Lab GrowthFortius Ventures
Speckle provides a data collaboration platform for the architecture, engineering, and construction (AEC) industry, enabling teams to share and connect data across projects and disciplines.
Cloud ComputingConstruction TechData & InfrastructureEnterprise SoftwareLondon, GB
Dimitrie Stefanescu(Founder)in
Co-investorsFrontline VenturesSuffolk TechnologiesUncommon Projects Capital ManagementAdditionCocoaMatrix+1 more
Spotlock provides commodity risk management tools and hedging strategies for businesses across supply chains.
Enterprise SoftwareFintechSaaS
Matanel Libi(Founder)inTal Koelewyn(Founder)in
Co-investorsfresh.fund
Stylib is a product data management platform that helps architectural product suppliers digitally manage and showcase their products through centralized catalogue management, data onboarding, and AI-powered search capabilities for designers and specifiers.
AI & Machine LearningEnterprise SoftwareSaaS
Tangible provides AI-powered quantity extraction from architectural drawings and building models to give preconstruction teams live materials data for cost and carbon impact analysis.
AI & Machine LearningClimate TechConstruction Tech
Co-investorsFifty YearsFlybridge Capital PartnersFuture Positive CapitalPi LabsSuffolk TechnologiesPale Blue Dot+1 more
Empowering global trade with seamless, secure payments
Singapore, SG
Rahul Shinghal(Founder)inSaroj Mishra(Founder)Aayush Singhania(Chief Product Officer)inKanupriya Sharda(Chief Business Officer)Arul Kumaravel(Founder)
Co-investorsGMO VenturePartnersPeak XV PartnersRTP GlobalSaison CapitalArc180Circle Ventures+7 more
An online marketplace offering a wide range of products including packaging materials, industrial safety equipment, home and kitchen supplies, tools, electrical systems, hardware, paint, automotive parts, and other industrial and consumer goods.
B2B MarketplacesE-commerceMarketplacesBogota D.C., CO
Enrique Villamarin Lafaurie(Founder)inJuan Carlos Narvaez(Executive Officer, Director)Enrique Villamarin(Executive Officer, Director)Eric Reiner(Director)inFelipe Villamarin(Director)Nicolas Villegas(Founder)
Co-investors8VCAlleyCorpAvenir Growth CapitalCapria VenturesCoatue ManagementHTwenty+27 more
Vahak operates an online marketplace and network connecting transporters and logistics businesses across India, offering load and truck booking through its app in multiple local languages.
Logistics & Supply ChainMarketplacesMobility & Transportation
Karan Shaha(Founder)inVikas Chandrawat(Founder)in
Co-investorsCaret Capital Fund IILeo Capital VenturesRTP GlobalTitan CapitaliSeedLeo Capital+1 more
VARM provides professional home insulation services for residential properties, including exterior walls, floor ceilings, and basement ceilings.
Construction Tech
Sebastian Wuerz(Founder)in
Co-investorsGET FundnoaEmerge EducationPale Blue Dot
Vecna Robotics provides autonomous mobile robot (AMR) systems and orchestration software for material handling tasks such as case picking, cross-docking, and warehouse workflows.
Enterprise SoftwareLogistics & Supply ChainRoboticsCambridge, US
Daniel Patt(Executive Officer, Director)Michael Bearman(Executive Officer)inKarl IagnemmainDaniel Theobald Dan Patt(Founder)
BoardDaniel Theobald(Founder)inNick Solaro(Director)in
Co-investorsBlackhorn VenturesDrive CapitalFontinalis PartnersTau VenturesTectonic VenturesUnless+6 more
Online home building platform that lets buyers design and build single-family homes on vacant lots at guaranteed prices.
Alec Hartman(Founder)
Co-investorsActivant CapitalAdapt VenturesAlumni VenturesEra VenturesKokopelli CapitalMS&AD Ventures+7 more
Welcome Homes (operated by Homes Company Co.
ConsumerPropTechSeoul, KR
Lee Tae-hyun(CEO (대표이사))
Co-investorsKakao VenturesActivant CapitalElefundEra VenturesGaingelsGlobal Founders Capital+1 more
Karachi, PK
Ahsan Ali Khan(Founder)Ahsen Ali Khan(Founder)Hashair Junair Ahmedani(Founder)Taha Iqbal Teli(Founder)
Co-investorsAmaana CapitalMyAsiaVC
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Adaptive Real EstateConstructionweekonlineIndusKuroLunMetalbookReinventTangible MateriaWiz Freight
Exits · 1
1 acquisitionsSafeAIacq. by Pronto
Portfolio news
latest coverage across their companiesVecna Robotics · globenewswire.com · Sep 12, 2026
VARM · eu-startups.com · Jun 23, 2026
EarlyTrade · pymnts.com · Jun 9, 2026
Speckle · speckle.systems · Apr 20, 2026
Tazapay · finsmes.com · Mar 26, 2026
Novade · novade.net · Mar 3, 2026
PermitFlow · finsmes.com · Dec 3, 2025
Frequently asked questions
- How many investments has Foundamental made?
- Foundamental has 82 tracked investments, 1 of which have exited, including 5 dated in the last 24 months.
- What stage does Foundamental invest at?
- Foundamental invests at the Pre-Seed, Seed, Series A, Series B stages.
- What is Foundamental's typical check size?
- Foundamental typically writes checks of $500K – $5M.
- What sectors does Foundamental focus on?
- Foundamental focuses on Advanced Manufacturing, AI & Machine Learning, B2B Marketplaces, Cleantech, Construction Tech, Deep Tech, Defense Tech, Fintech, Hardware, Logistics & Supply Chain, New Materials, PropTech, Robotics, Space Tech.
- Where is Foundamental located?
- Foundamental is headquartered in San Francisco, US.
- Does Foundamental lead rounds?
- Yes, Foundamental leads investment rounds.
- Who does Foundamental co-invest with?
- Foundamental most often shares deals with Accel, Axilor Ventures, noa, among 158 tracked co-investors.
From the blog
visit blog ↗Recent posts cover Foundamental's construction and B2B commerce theses: why construction's core problem is cash and financing, how AI is making AEC drawing and BIM formats machine-readable, and benchmarks for evaluating B2B commerce marketplaces' unit economics. AI summary
Media · Podcasts & interviews
featuring the teamThe State of the Project Economy, Patric Hellermann (GP, Foundamental) at Contech Connect Paris 2026
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Images
Co-investors · 49
Khosla Ventures is a venture capital firm that backs bold, early-stage, technology-driven companies across deep tech and other sectors, providing hands-on 'venture assistance' to help founders build category-defining businesses.
Axilor Ventures is an early-stage seed fund that backs and supports founders building companies across sectors including commerce, fintech, enterprise SaaS, deep-tech, clean mobility, healthcare, climate-tech and agritech.
Tiger Global Management operates public equity strategies (long/short, long-focused and crossover) and a private equity business investing in early- through late-stage growth companies across new and existing industries.
Liquid 2 Ventures is a seed-stage venture capital firm founded in 2015 by Joe Montana and based in San Francisco.
Antler is a global early-stage venture capital firm that backs founders from company inception through to IPO, operating across roughly 30 locations worldwide and running cohort-based programs to help entrepreneurs build and scale companies.
Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.
BCV Labs is the platform and hands-on support arm of Bain Capital Ventures, providing portfolio founders with go-to-market strategy, brand development, hiring assistance, and customer introductions.
Greycroft is a venture capital firm that partners with founders across multiple industries and geographies, investing in software, sustainability, and consumer brands.
Fifth Wall is an investment firm focused on technology for the built environment (PropTech), backing startups that make the spaces where people live, work, and play smarter, safer, and more energy efficient.
Initialized Capital is a seed-stage venture firm that partners with founders very early — often before product-market fit — providing hands-on support across product, recruiting, go-to-market, PR, and Series A fundraising.
Northzone is a technology-focused venture capital firm investing across AI and deep tech on both sides of the Atlantic, backing companies from early stage through growth.
▶37 more co-investors
Autotech VenturesPale Blue DotRET VenturesGeneral CatalystIndex Ventures8VCMatrixSpeedinvestLakestarTarget GlobalAnthemis VentureGiant Ventures Global LlpLa FamigliaChicago VenturesFifty YearsBootstrapLabsBreegaNazcaBuilders VCMusha VenturesredalpineSeayaSand Hill AngelsJungle VenturesPi LabsCore Venture CapitalArcTern VenturesCocoaZeno VenturesUnknown VenturesUberQuiet CapitalLowercase CapitalMerus CapitalSunshine LakeNorrsken VCIterative Instinct Capital
Firms observed investing alongside Foundamental, from public investor directories. Shared companies are the overlap with Foundamental's recorded portfolio.
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