Fundraising Fox

Pi Labs

Venture capitaloperating company · company profile

London · Pre-Seed–Series A · 22 people tracked

Find your way into Pi Labs

2,016 people in our graph share verified history with the Pi Labs team — schools, employers, funds. One of them is your warm intro.

Aryo Tehranianunlockedknows Michael Murad · together at PwC (overlapped)
×3knows the team · via PwC
×3knows the team · via University of Oxford
×2knows the team · via The University of Sheffield
knows the team · via Trinity College Dublin
knows the team · via Panasonic Boston Laboratory
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Investment thesis

Pi Labs invests in early-stage companies transforming the built world through digital and sustainable technology. Its focus areas include sustainable construction, efficient buildings and infrastructure, sustainable and healthy cities, and the future of work, retail and living. The firm believes current technology is insufficient to make the world fit for future generations, so it sources and backs the technology of tomorrow, taking risks on emerging solutions. Pi Labs positions itself as a long-term partner on the founder journey, offering built-world expertise, conviction and a global community of founders, mentors, co-investors, limited partners and venture partners.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Check
$440K – $2.5M
HQ
London, GB
Instruments
Equity
Founded
2015
Last 12 months
2 investments
AUM
$90M
Tracked investments
49

Team · 22 people

from the firm's website & curated & public directories
Andrew Pettit· Founding Partner, RevCap; Board Director
James Pellatt· Venture Partner; CEO & Founder, DigitalTrees
Mike Bristow· Venture Partner; CEO & Co-Founder, CrowdProperty
Phil Cowans· Venture Partner; CTO & Co-founder, Nested.com
Victoria Hill· Venture Partner; Founder, ProMind Group
Barrie Heptonstall· Venture Partner; Enterprise Sales Leader, IBM
Nick West· Partner, RevCap; Board Observer
Sandy Gumm· COO, Prestbury; Board Observer
Tim Mooney· Partner, Värde; Board Observer

Founder mafia

5 people who came through Pi Labs went on to found or lead other companies.

What they invest in

from 39 of 49 portfolio companies

AI & Machine Learning ×27SaaS ×26PropTech ×14Construction Tech ×13Enterprise Software ×9Climate Tech ×5Cleantech ×4Deep Tech ×4

HQs:United Kingdom×12United States×6Germany×1France×1Ireland×1India×1

Who they back

founder profiles across 20 portfolio companies
45%
solo founders
9 of 20 mapped founding teams
30%
repeat founders
of 30 founders with career history

Founding team size:solo founder×92 founders×83 founders×14+ founders×2

Where their founders studiedfrom 29 founders with education data

Imperial College London ×2INSEAD ×2UCL ×2Udacity ×2University of Cambridge ×2University of Illinois Urbana-Champaign ×2University of Michigan ×2

What their founders studiedfrom 27 founders with field-of-study data

Engineering ×10Business & Management ×6Computer Science ×5Design & Architecture ×3Economics ×3Finance & Accounting ×2

Where their founders worked beforefrom 30 founders with career history

BOOST ×3Environment Agency ×2Rolls-Royce ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×3Entrepreneur First ×2Techstars ×2

8 founders hold a PhD · 4 hold an MBA (of 28 with degree data)

Investments · showing 48 of 49

founders shown can be your intro path

By year:2026 · 22025 · 12024 · 12023 · 12022 · 22021 · 18 dated

Bright Spacesbrightspaces.techin𝕏✓ verified

Bright Spaces develops software for 3D space planning in the commercial real estate market, enabling property professionals to visualize and optimize building layouts.

AI & Machine LearningEnterprise SoftwarePropTechSaaSBucharest, RO

Co-investorsAxeleo CapitalGrowceanuSparking CapitalClearance Venture Partners

Cyb3r Operationscyb3roperations.cominJan 2026 · $5.4M✓ verified

Averro is a third-party risk intelligence platform that discovers the vendors and external parties connected to an organization, layers on cyber breach, dark-web, ransomware, sanctions, and geospatial signals to prioritize risk, and routes intelligence into existing security tools.

AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareSaaS

Vincent Cook(CEO & Founder)in

Co-investorsOctopus VenturesFuel Ventures

Sorair Technologiessorair.co.ukin✓ verified

Sorair Technologies develops drone automation software and hardware for supply chain and logistics security, using AI to increase efficiency and safety across warehousing, delivery, and transportation operations.

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainRoboticsSaaSDidcot, GB

Kunmi Oludoyi(CEO)inAdebayo Popoola(CTO | Head of RPAS)inRaza Rubbani(COO)in

Co-investorsTechstarsS Capital

AIRMOairmo.ioin

AIRMO develops satellite-based methane measurement technology for detecting methane emissions with precision and global coverage.

CleantechClimate TechEnergyIoTSpace TechWeßling, DE

Co-investorsAntlerAntler AustraliaE2MC VenturesTechstarsAnanda Impact Ventures

Alrikalrik.cominApr 2024

Alrik provides software for logistics and construction-material transport that gives sales and procurement teams live ETAs, proof of delivery, and Scope 3-ready emissions reporting for each order or project.

AI & Machine LearningConstruction TechLogistics & Supply ChainSaaS

Nici Sundén-Cullberg(Founder)inAxel Enblad(Founder)in

Co-investorsEmblemPeople Ventures

AMBRambr.companyin

Ambr AI provides a voice-first, AI-powered platform for practicing high-stakes professional conversations, offering customized simulations built around each organization's industry, culture, and scenarios.

AI & Machine LearningEdTechFuture of WorkHR TechLondon, GB

Co-investorsLoyal VCFuel VenturesPantera Capital

Articartic.works

Artic builds software for offsite and modular construction that converts architectural designs into manufacturing outputs for building components such as walls, roofs, bathrooms, and bridges.

Advanced ManufacturingConstruction TechSaaS

Ross Kilshaw(Co-founder & COO)in

Co-investorsFuel VenturesSuffolk Technologies

AutoSituautositu.comin𝕏

AutoSitu provides software tools for urban planning and regulatory compliance in housing and infrastructure development.

AI & Machine LearningConstruction TechEnterprise SoftwareGovTechLegalTechPropTech

George Zhai(Founder)inXuanshu (Asher) Lin(Founder)in

Co-investorsY Combinator

Bitebite.engineeringin

Bite is an AI infrastructure platform for the built environment that connects design tools (such as ETABS, Excel, SAFE, Revit, Bluebeam and TEDDS), automates workflows, provides plain-English search across a firm's projects, and maintains Building Safety Act-compliant audit trails.

AI & Machine LearningConstruction TechPropTechSaaSNew York, US

Daniel Anyanya(Co-Founder & CEO)inStanislav Nikiforov(Director)David Bates(Director)Brandon Barton(Executive Officer, Director)James Tenner(Director)

Co-investorsPT1

complimindcomplimind.co.ukin

CompliMind builds a compliance platform for NHS estates and facilities teams, helping them manage regulatory information and assurance instead of manually searching records and writing documents.

AI & Machine LearningHealthtechPropTechSaaS

Carl-Magnus von Behr(Co-founder)inJan Blümel(Co-founder)in

Conduitconduit.aiin𝕏

Conduit provides an AI agent platform for the hospitality industry that automates guest interactions across multiple channels, handles bookings and upsells, manages internal operations, and delivers leadership insights integrated with existing systems.

AI & Machine LearningEnterprise SoftwareSaaSSan Francisco, US

Cole Rubin(Founder)inPunn Kam(Founder)in

Co-investorsY CombinatorDrive CapitalEniac VenturesHaun VenturesInnovation EndeavorsParadigm+1 more

Conduitconduit.appin

Conduit provides AI agents for hospitality brands that handle guest communication across email, WhatsApp, OTAs, social channels, and phone calls, and automate internal operations across a company's existing tools.

AI & Machine LearningSaaSTravel & Hospitality

Cole R.(Founder)in

Co-investorsTranspose Platform ManagementUnpopular VenturesY CombinatorHack VCAltos VenturesBankless Ventures+8 more

Contiliocontilio.comJun 2021

Contilio offers a 3D AI analytics platform that processes construction site images and scans to produce real-time insights on installation quality, progress, performance KPIs, and risks.

AI & Machine LearningConstruction TechSaaS

Co-investorsThink+ Ventures Management, Llc

Elyos AIelyos.aiin𝕏

Elyos provides AI agents designed for trades and field service businesses, automating customer service, scheduling, sales, and administrative tasks.

AI & Machine LearningEnterprise SoftwareSaaSLondon, GB

Adrian Johnston(Founder)inPhilippa Brown(Founder)inPanos Stravopodis(Founder & Chief Technology Officer)in

Co-investorsBlackbird VenturesEndgame CapitalSterling RoadY Combinator

FENESTRAPROfenestrapro.comin𝕏

FenestraPro develops a BIM-integrated software application that gives architects, engineers, and BIM specialists data on building façade and energy performance during design.

CleantechConstruction TechPropTechSaaSDublin, IE

Simon Whelan(Co-founder)inDave Palmer(Co-founder)

Firmusfirmus.aiin𝕏

Firmus applies proprietary AI algorithms to analyze PDF drawing sets and identify design-related risks during the pre-construction phase.

AI & Machine LearningConstruction TechSaaS

Co-investorsfresh.fundNavitas CapitalBlackstoneNVIDIAThird Sphere

FLUIXfluixpro-line.godaddysites.comin𝕏Jan 2025 · $2.1M

FLUIX develops autonomous AI software for data center and critical infrastructure management, centered on its A.I.M.I. system that integrates fragmented HVAC, lighting, water, and server systems.

CleantechMangaluru, IN

Co-investorsShadow VenturesTechstars

Genia Designsgenia.designin𝕏

Genia offers an AI co-pilot for structural engineers that converts DWG architectural drawings into interactive models, generates and validates multiple structural design options against a rule-based analysis engine, and exports construction-ready drawings and calculation sheets.

AI & Machine LearningConstruction TechDeep TechPropTechSaaSLos Angeles, US

Zhihao Zhao(Founder)inRobinHoutaoPeter

Co-investorsAmplify.LADorm RoomSuffolk Technologies

HausBotshausbots.comin

HausBots builds wall-climbing robotic crawlers (HB2 and HB3) that carry inspection payloads such as ultrasonic thickness measurement, corrosion mapping, GPR, and visual inspection for non-destructive testing (NDT) of assets like storage tanks, silos, bridges, dams, and wind turbines.

Deep TechHardwareRoboticsBirmingham, GB

Jack Cornes(Founder)in

Co-investorsBritish Design Fund

kertoskertos.ioin

Kertos offers a no-code compliance platform that automatically discovers and monitors a company's systems, data sources, and processing activities to reduce shadow IT risk and support GDPR and ISO 27001 requirements.

CybersecurityGovTechSaaS

Dr. Kilian Schmidt(Founder)in

Co-investors10x Founders

Kestrixkestrix.ioin

Kestrix operates a platform that captures thermal imagery of buildings and uses AI analysis to detect wall type, insulation status, and energy performance (kWh/m²/year), producing asset data for retrofit planning.

AI & Machine LearningClimate TechPropTech

Laioutlaiout.coin𝕏

laiout is software for generating, iterating, and sharing floor plans in real time, producing 3D visuals, feasibility studies, build-out cost and carbon estimates, and CAD outputs (DWG, Revit, IFC).

Construction TechPropTechSaaSOslo, NO

Wouter Merkestein(Founder)

Co-investorsAxeleo Capital

Moonhubmoonhub.aiin𝕏Apr 2022 · $2.6MDefunct

A company that uses AI to help organizations recruit and hire exceptional talent.

AI & Machine LearningHR TechSaaSSan Francisco, US

Nancy Xu(Founder & CEO)inFrancis DeSouza(Co-Founder)Anne Dwane(Co-Founder)

Co-investorsIndex VenturesLightspeed Venture PartnersAIX Ventures1818 Venture CapitalAda VenturesDay One Ventures+2 more

movable voicemovablevoice.comin

Workfone is a voice-based app that captures and structures frontline work records by converting spoken observations and reports into searchable, time-stamped data.

AI & Machine LearningEnterprise Software

Co-investorsOctopus Ventures

OfficeRnDofficernd.comin𝕏

OfficeRnD releases quarterly product editions featuring new features and workflow improvements for revenue growth and operations optimization.

Enterprise SoftwareFuture of WorkPropTechSaaSQuincy, US

Co-investorsElevate VenturesRuna CapitalBlue Star Innovation PartnersFlashpoint Venture CapitalLAUNCHub Ventures

Pathwayspathwaysai.co

Leise Sandeman(Founder)inAlex Cooper(Founder)in

Co-investorsBlue Lion GlobalEntrepreneurs Roundtable Accelerator (ERA)JetstreamREFASHIOND VenturesZacua Ventures

Plentificplentific.comin𝕏

Plentific operates a property operations platform that connects housing providers and contractors to manage property maintenance, from work order creation and contractor sourcing to invoicing.

AI & Machine LearningB2B MarketplacesPropTechSaaS

Cem Savas(Co-founder & CEO)inEmre Kazan(Co-founder & CTO)inLemi Cittone(Chief Operating Officer)in

Co-investorsHighland EuropeTarget GlobalBrookfield Asset Managementnoa

Qflowqualisflow.comin

Qflow provides an automated data collection and auditing platform that captures on-site construction data to help construction teams track and reduce waste, carbon, and their social and environmental impact.

Climate TechConstruction TechData & InfrastructureSaaSLondon, GB

Brittany Harris(Co-founder)inJade Cohen(Co-founder)in

Co-investorsConduit ConnectEntrepreneur FirstGroundBreak VenturesMMC VenturesSuffolk TechnologiesSystemiq Capital+2 more

REalyserealyse.comin

Realyse provides a digital platform that aggregates and visualizes planning and construction application data across the UK, enabling real estate investors, developers, and lenders to identify development opportunities and monitor pipeline activity through interactive mapping and filterable project details.

AI & Machine LearningConstruction TechData & InfrastructurePropTech

Co-investorsAnthemis VentureBOOST&Co

Responsiblyresponsibly.techinOct 2023 · $2.4M

Responsibly offers a data platform that provides automated ESG assessments and risk profiles of suppliers, helping companies monitor supplier sustainability practices and meet regulations such as LkSG, CSDDD and CSRD.

AI & Machine LearningClimate TechEnterprise SoftwareImpact & Social GoodSaaS

Thomas Buch Andersson(Founder)in

Co-investorsSalica Investments

Riiicoriiico.cominDec 2022

RIIICO builds products based on 3D intelligence, working with industrial companies to help them apply 3D technology, and develops these offerings through co-creation with global industry leaders.

Advanced ManufacturingAI & Machine LearningDeep TechSaaSSan Francisco, US

Mertens Patrick(Executive Officer, Director)Jan Buchsenschutz(Executive Officer)Felix Fink(Executive Officer, Director)

Co-investorsSeed+SpeedEarlybird Venture Capital

sortedsortedtech.ioin

Sorted makes an AI-powered picking robot that combines a robotic arm and camera to detect and recover recyclable materials from conveyor belts at material recovery facilities (MRFs).

AI & Machine LearningCircular EconomyCleantechRobotics

Co-investorsConduit Connect

STOCKOSSstockoss.comin𝕏

Stockoss is a B2B logistics and supply chain management platform that digitalizes inventory management, product distribution, and order tracking.

B2B MarketplacesLogistics & Supply ChainSaaS

Laurent Bonnetin

Co-investorsGlobal BrainKima Ventures

storage sharestorage-share.nlin

Storage Share offers self-storage units that customers can rent online or by phone, accessing their unit independently with their own key and via an app.

ConsumerPropTech

Tangibletangiblematerials.com

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 PartnersFoundamentalFuture Positive CapitalSuffolk TechnologiesPale Blue Dot

Trubricstrubrics.comin

Trubrics builds AI agents for real estate finance operations, handling accounts payable and receivable processes and integrating with ERP and property management systems.

AI & Machine LearningFintechPropTech

Joel Hodgson(Founder)in

unbaneunbane.com

Unbane provides a voice-based field reporting system for the construction industry, letting onsite crews complete daily reports, safety observations, and inspections over a guided phone call instead of apps or forms.

AI & Machine LearningConstruction TechSaaS

untap healthuntaphealth.comin𝕏

Untap Health builds wastewater monitoring technology that detects pathogens such as COVID-19, influenza, RSV, and norovirus in real-time, flagging health risks before symptoms appear.

Deep TechDigital HealthHealthtechIoTLondon, GB

Claire Trant(CEO)inJay Bullen(Founding CTO)in

Co-investors7percent VenturesConduit ConnectEntrepreneur FirstForm VenturesMD One Ventures

Verbafloverbaflo.aiin𝕏Mar 2026 · $7M

VerbaFlo is an AI communication platform for real estate operators, including student housing, build-to-rent, and co-living providers, that handles high-volume customer conversations across webchat, WhatsApp, email, and voice.

AI & Machine LearningPropTechSaaSLondon, GB

Sayantan Biswas(Founder & CEO)inShabbir SadriwalainJennifer LoveinTim StepheninVirender Pratap (VP)(Co-Founder & COO)

Co-investorsHaatchNavigate VenturesOld College Capital

Veridueveridue.aiin

Veridue AI provides an AI-driven due diligence platform that produces red-flag diligence reports, project maturity assessments, and organized data rooms for investors evaluating infrastructure/energy projects.

AI & Machine LearningFintechSaaS

Co-investorsHTGF

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

ApraoEnergy efficient building façadesHyperLaioutaiLandTechQualis Flow

Portfolio news

latest coverage across their companies

Principals & officers · per Companies House

what is this? ⓘ
Faisal Shahid Butt

Director · British,Belgian,Pakistani · since 2014

Andrew John Pettit

Director · British · since 2020

Ownership & control

Revcap Advisors Limited25–50% of shares, 25–50% of voting rights

Faisal Shahid Buttsignificant influence or control

Frequently asked questions

How many investments has Pi Labs made?
Pi Labs has 49 tracked investments, including 3 dated in the last 24 months.
What stage does Pi Labs invest at?
Pi Labs invests at the Pre-Seed, Seed, Series A stages.
What is Pi Labs's typical check size?
Pi Labs typically writes checks of $440K – $2.5M.
What sectors does Pi Labs focus on?
Pi Labs focuses on Cleantech, Climate Tech, Construction Tech, Fintech, Future of Work, PropTech, Retail Tech.
Where is Pi Labs located?
Pi Labs is headquartered in London, GB.
Does Pi Labs lead rounds?
Pi Labs has led 4 of the 6 rounds where its role is on record.
Who does Pi Labs co-invest with?
Pi Labs most often shares deals with Suffolk Technologies, Conduit Connect, Y Combinator, among 49 tracked co-investors.

Media · Podcasts & interviews

featuring the team

GP 40: PropTech’s Origin Story and What Next: with Faisal Butt of Pi Labs

Grow Places · Faisal Butt

Proptech Story Series | Faisal Butt, Founder Of Pi Labs With Kritika Rawat, Founder Of RealtyNXT

RealtyNXT · Faisal Butt

What is PropTech and what are the opportunities within this sector? - Faisal Butt, Pi Labs

SuperReturnTV · Faisal Butt

Images

Pi Labs photo

Co-investors · 12

7percent Ventures

7percent Ventures is an early-stage venture capital firm that backs breakthrough deep tech and moonshot companies at pre-seed and seed stages.

Both backed · 1
$250K – $2M
Fifty Years

Fifty Years (50Y) is a pre-seed and seed-focused venture capital firm that backs founders using technology to solve major global problems, and also helps start companies.

Both backed · 1
$250K – $2M
Foundamental

Foundamental is a venture capital firm focused on hardware and construction technology, providing strategic insights and investment perspective to founders building physical products for the AEC and construction industries.

Both backed · 1
$500K – $5M
Navigate Ventures

Navigate Ventures is an early-stage investor backing AI-enabled B2B and vertical SaaS companies that act as mission-critical systems of record for traditional industries, focusing on firms located outside Silicon Valley.

Both backed · 1
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies.

$4.4M – $214M
Insight Partners

Insight Partners is an investment firm focused on accelerating revenue and profit growth in software companies, providing capital and operational support through its Insight Onsite team.

$120M – $350M
TenOneTen Ventures

TenOneTen Ventures is an early-stage venture firm based in Los Angeles that invests primarily in B2B and AI/infrastructure startups, backing founders as a hands-on partner.

$500K – $5M
Possible Ventures

Possible Ventures is an early-stage technology investor backing founders working on major global challenges, with a focus on using technology as a force for good.

$100K – $5M
50 Partners

50 Partners is a French startup accelerator and investor run by entrepreneurs, operating multiple acceleration programs across tech, impact, health, and Web3, alongside dedicated funds.

Matchstick Ventures

Matchstick Ventures is an early-stage venture capital firm that backs ambitious entrepreneurs located 'between the coasts,' investing capital, time, and resources at the pre-seed and seed stages.

$500K – $1.5M
VR Ventures

Support leading-edge startups in the financial services and real estate sector.

$540K – $2.2M
Elbow Beach Capital

Elbow Beach Capital is an investment firm that backs technologies aimed at solving major global problems.

$635K – $1.9M

Firms observed investing alongside Pi Labs, from public investor directories. Shared companies are the overlap with Pi Labs's recorded portfolio.

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