Shadow Ventures
Venture capitalAtlanta · Pre-Seed–Series A · 6 people tracked
Also known as Shadow Ventures Seed · SHADOW VENTURES, LLC
Find your way into Shadow Ventures
186 people in our graph share verified history with the Shadow Ventures team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Shadow Ventures invests in ambitious founders using technology to solve difficult problems across construction and real estate, which it frames as the world's largest and oldest asset class at roughly $300 trillion. The firm argues these sectors have been historically underserved by technology despite their enormous scale and spend. Its portfolio companies aim to modernize how the physical world is designed, built, and maintained — addressing challenges such as climate change, labor shortages, and housing shortages, and reshaping how people live and work.
Source: firm website, verified Sep 15, 2026.
Team · 6 people
from the firm's website & public directoriesWhat they invest in
from 30 of 35 portfolio companiesSaaS ×15AI & Machine Learning ×13Construction Tech ×13PropTech ×10Enterprise Software ×6Cleantech ×5Deep Tech ×4Climate Tech ×3
HQs:United States×18Canada×1India×1
Who they back
founder profiles across 18 portfolio companiesFounding team size:solo founder×122 founders×33 founders×24+ founders×1
Where their founders studiedfrom 21 founders with education data
McGill University ×3Columbia University ×2HEC Montréal ×2UC San Diego ×2Université de Montréal ×2
What their founders studiedfrom 24 founders with field-of-study data
Engineering ×8Business & Management ×7Design & Architecture ×4Computer Science ×3Finance & Accounting ×2Politics & Policy ×2
Where their founders worked beforefrom 26 founders with career history
Bartlett School of Architecture, University College London ×2
Accelerator rootsportfolio companies that came through a program
3 founders hold a PhD · 2 hold an MBA (of 24 with degree data)
Investments · 35 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 32022 · 22021 · 12020 · 12018 · 19 dated
Stake operates a rewards platform for renters that offers cash back on moving in, paying rent, and saving, across a network of over 550,000 homes.
B2B MarketplacesConsumerFintechPropTechNew York, US
Rowland Hobbs(CEO)inJimmy Jacobson(Co-Founder & Head of Product)inMark Finney(Founder, UMoveFree; General Manager, Dallas–Fort Worth)inJARED PHILLIPS(Executive Officer)ROBERT NAEDELE(Director)NICK DURHAM(Director)in
Co-investorsRET VenturesHamilton VenturesHomeTeam VenturesOperator Stack
Altoura offers an AI-powered learning platform that turns companies' standard operating procedures, manuals, and 3D assets into interactive guides, VR/AR simulations, and chat-based guidance for training frontline workers.
AI & Machine LearningEdTechEnterprise Software
Jamie Fleming(Founder)in
Amenify builds a platform that connects residents in apartment communities with local services, merchants, and online brands, enabling in-home shopping and service delivery.
AI & Machine LearningB2B MarketplacesPropTechSaaS
Everett(CEO)
Co-investorsRET VenturesDreamit VenturesMontage CapitalRWT Horizons
Aren offers a patented software toolset that uses computer vision and machine learning to detect, quantify, and track damage on civil infrastructure assets such as bridges, producing 3D digital twins and predictive maintenance and capital allocation plans.
AI & Machine LearningConstruction TechDeep TechSaaSNew York, US
Ali Khaloo(Executive Officer, Director)inEdgar Erasto Martinez Ceja(Executive Officer, Director)
BoardPramod Reddy(Director)
Co-investorsMaccabee VenturesGreen Egg Ventures
Ashler is an AI operating system for engineering services, providing a platform for engineering and infrastructure firms to replace outdated tools, fragmented data, and manual processes.
AI & Machine LearningConstruction TechEnterprise SoftwareSaaSNew York, US
AUAR builds robotic MicroFactories that deploy directly onto live construction sites to produce housing, working alongside homebuilders in the construction industry.
Construction TechPropTechRobotics
Mollie ClaypoolinGilles Retsinin
Co-investorsOxford Investment Opportunity Network (OION)Planet A VenturesPT1Unruly Capital
Billy provides certificate of insurance tracking and risk management software for the construction industry, helping companies manage insurance documents, requests, and renewals.
Construction TechInsurTechSaaSCoto De Caza, US
Brian Steven Johnson(Executive Officer)Alexander Litovchenko(Executive Officer)Griffin Jack Strier(Executive Officer, Director)
Co-investorsEntrada VenturesMetaPropMetaProp VenturesCoelius CapitalCoinbase VenturesHustle Fund
BotBuilt develops software and robotics technology for residential construction, automating framing and component manufacturing to reduce time, labor, and material waste in home building.
Advanced ManufacturingConstruction TechRoboticsDurham, US
Brent Wadas(Founder)in
Co-investorsY Combinator
Ecobot offers an offline-first mobile app (Collector) and web workspace (Manager) for capturing wetland, stream, vegetation, soils, and hydrology field data with GNSS-grade location and AI-assisted plant ID, then generating USACE-ready delineation reports.
CleantechClimate TechGovTechSaaSAsheville, US
Lee Lance(Executive Officer, Director)inJeremy Schewe(Executive Officer)inRobb Bennett(Founder)in
BoardTimothy McLoughlin(Director)in
Co-investorsRunway Venture PartnersCofounders CapitalCultivation CapitalStout Street Capital
Embue develops IoT and building automation solutions that help multifamily property owners reduce carbon emissions and operating costs while improving resident comfort.
CleantechEnergyIoTPropTechSaaS
Co-investorsAvesta FundLotus Venture PartnersThe Alchemy Fund
Eztia Materials develops HydraVolt, a proprietary cooling gel that bonds to performance fabric and activates at body temperature to reduce skin surface temperature by up to 10°C for up to 8 hours, recharging with water rather than batteries or refrigeration.
HardwareNew MaterialsSports Tech
The page presents a quote about a collaboration focused on integrating AI with environmental sustainability to transform energy use in server rooms.
AI & Machine Learning
Abhishek Sastri(Founder)in
Co-investorsREFASHIOND Ventures
Green Badger provides software that helps construction and architecture teams simplify LEED compliance documentation and ESG reporting for sustainable building projects.
CleantechClimate TechConstruction TechImpact & Social GoodSaaSSavannah, US
Tommy Linstroth(Founder and CEO)in
Co-investorsGroundBreak VenturesHamilton Ventures
Hummingbird Kinetics develops damping systems based on Fluid Structure Coupling technology adapted from NASA rocket vibration research to reduce wind-induced motion in buildings and bridges.
Construction TechDeep TechHardwareNew York, US
Hans Utz(President and Member of Board of Managers)Jamieson K. Robinson(President & CEO)
BoardMichael Soligo(Member of Board of Managers)Thomas Scarangello(Member of Board of Managers)Raymond Daddazio(Treasurer and Member of Board of Managers)
ICON designs and builds architectural structures while providing technology solutions to construction teams to improve building speed and reduce costs.
Construction TechDeep Tech
Jason Ballard(Founder & CEO)in
Co-investors1Flourish CapitalDraper AssociatesEnsemble VCEvolution VC PartnersIndustrious VenturesKrillion Ventures+12 more
SmartRent offers Inspection Management, a mobile-first platform that automates property inspections and due diligence assessments for rental property portfolios.
PropTechSaaS
Kadence is a workplace platform that helps companies manage hybrid and in-office schedules, coordinate team activities, and build employee engagement through event planning and community features.
AI & Machine LearningEnterprise SoftwareFuture of WorkHR TechSaaSWilmington, US
Dan Bladen(Founder & CEO)in
BoardKatrina Kennedy(Director)Ezequiel Vidra(Director)Lawrence Barclay(Director)inGeorge Davies(Director)in
Co-investorsForward Venture CapitalHamilton VenturesHigh AlphaKickstartManta Ray VenturesPortfolio Ventures+4 more
Local Logic offers a platform that supports the home consumer journey for real estate, spanning attracting website traffic, closing deals, and driving renewals.
AI & Machine LearningData & InfrastructurePropTechSaaSMontréal, CA
Vincent-Charles Hodder(Co-Founder & CEO)inAlexandre Pagé(Founder)inGabriel Damant-Sirois(Co-Founder & CPO)inColin Stewart(Co-Founder)in
Co-investors500 GlobalGroundBreak VenturesBDC Capital CorporationCycle CapitalDesjardins CapitalSecond Century Ventures
Lumina develops construction technology for building infrastructure including schools, roads, and homes in underserved communities.
Construction TechDeep Tech
Co-investorsAmplify CapitalStarship VenturesVirta Ventures
MagicDoor is an AI-native property management platform for property management companies, self-managed landlords, and multi-portfolio operators, with its Genie AI handling leasing, maintenance, accounting, tenant screening, and communication workflows.
AI & Machine LearningPropTechSaaSLas Vegas, US
Kasper Rune Sogaard(Founder)in
BoardAnn Luth(Director)Yingmei Ao Sogaard(Director)
Co-investorsEarly Light VenturesMotley Fool VenturesOkapi Venture Capital
Monumental Labs develops an AI-powered robotic fabrication platform for automating stone carving and sculpture production, serving architects and builders.
Advanced ManufacturingAI & Machine LearningConstruction TechHardwareNew York City, US
Micah Springut(Founder & CEO)inSebastian Marino(CTO)in
Co-investorsSeven Seven SixIceNineMythos Ventures Management, LlcPath VenturesKhosla VenturesPlural
Occuspace makes plug-in sensors that measure how busy a space is anonymously using ambient Bluetooth and Wi-Fi signals, without collecting personal data or requiring wiring.
AI & Machine LearningIoTPropTechSaaSSan Diego, US
Nic Halverson(Co-founder & CEO)inLinus Grasel(Co-founder)in
Co-investorsCove FundHamilton VenturesLewis & Clark Ventures
Occuspace provides AI-powered sensors that detect wireless signals to deliver real-time occupancy data and space utilization metrics without cameras or personal information collection.
AI & Machine LearningIoTPropTech
Nic Halverson(Founder)inLinus Grasel(Founder)in
Co-investorsCove FundHamilton VenturesLewis & Clark VenturesOkapi Venture Capital
Okibo builds battery-operated robots that automate painting and drywall finishing for skilled construction teams, using AI-guided 3D scanning and real-time modeling to operate without special setup.
AI & Machine LearningConstruction TechRoboticsEnglewood, US
Nadav Shuruk(Founder)in
Co-investorsBitStone Capitalkineo finance
Redwood City, US
Guarav Manglik(Director)Ray Daddazio(Director)Arun Chetty(Director)Ian Campbell(Executive Officer, Director)
Co-investorsGradient VenturesSand Hill AngelsService Provider CapitalStage 2 Capital
Public Grid is a platform that helps households reduce energy consumption and emissions by connecting them with neighbors and community members to take coordinated climate action.
Climate TechConsumerEnergy
Ryan Freed(Founder)inJoe R.(Founder)in
Co-investorsSkyview VenturesAlpaca VC
Rabbet is a data management platform for real estate professionals that centralizes project and capital data to improve decision-making and operational efficiency.
Construction TechData & InfrastructureEnterprise SoftwareFintechPropTechSaaSAustin, US
Will Mitchell(Founder/CEO)in
Co-investorsCamber CreekQED InvestorsD&FG ElementsRiverside Acceleration CapitalTemerity Capital PartnersY Combinator
Altoura offers a spatial computing and AI-based SaaS platform (Altoura 360) that converts standard operating procedures into interactive, immersive 3D training and guidance experiences for frontline workers.
AI & Machine LearningEdTechEnterprise SoftwareSaaSSeattle, US
Jamie Fleming(Founder, CEO)Bharat Ahluwalia(CTO)Charlie Choo(Chief Customer Success Officer)Zhao Fan(Chief 3D Architect)John Thomas(Director of Professional Services)
Co-investorsID345
Western Chemicals converts wastewater into fuel through chemical processes.
CleantechEnergy
Jared West(Founder)in
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
JetBuildKairosTrack3D
Portfolio news
latest coverage across their companiesBilly · lsfellowship.missouri.edu · Jul 27, 2026
Stake Network · marketbeat.com · Jul 19, 2026

Monumental · roboticsandautomationnews.com · Jul 17, 2026
ICON · legis1.com · Jun 23, 2026
Hummingbird Kinetics · trysignalbase.com · May 11, 2026
Ecobot · trysignalbase.com · Mar 24, 2026
Okibo · roboticstomorrow.com · Feb 11, 2026
Frequently asked questions
- How many investments has Shadow Ventures made?
- Shadow Ventures has 35 tracked investments, including 4 dated in the last 24 months.
- What stage does Shadow Ventures invest at?
- Shadow Ventures invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Shadow Ventures focus on?
- Shadow Ventures focuses on Cleantech, Climate Tech, Construction Tech, Hardware, PropTech, Robotics.
- Where is Shadow Ventures located?
- Shadow Ventures is headquartered in Atlanta, US.
- Who does Shadow Ventures co-invest with?
- Shadow Ventures most often shares deals with Hamilton Ventures, RET Ventures, Sand Hill Angels, among 64 tracked co-investors.
- What size deals does Shadow Ventures back?
- Across 5 deals with disclosed amounts, Shadow Ventures has joined rounds of $2.1M – $10M (median $4.5M).
Media · Podcasts & interviews
featuring the team1,758 KP Reddy | Shadow Ventures | MultifamilyCollective
MultifamilyCollective · KP Reddy
KP Reddy | Shadow Ventures | MultifamilyCollective
Multifamily Media Network · KP Reddy
Venture Capital Meets Design: Exploring Opportunities with Shadow Ventures and Nick Durham
The Zweig Letter Podcast · Nick Durham
VC vs Corporate VC - KP Reddy of Shadow Ventures
KP Reddy · KP Reddy
Encore: Tech Diligence - Matthew Ohlman of Shadow Ventures
[KP Reddy] · Matthew Ohlman
Go To Market is Life or Death - Nick Durham of Shadow Ventures
[KP Reddy] · Nick Durham
Images
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