insight

2021 Venture Deals 50 List (of 2020)

2020 introduced unforeseen & unprecedented economic uncertainty in the wake of the COVID-19 pandemic.  However, even though investment activity in AECO technology is still in it's infancy, the sector continued to see strong investor interest.  Across the top 50 deals (which contain categories including Project Management, Modularization, PropTech, & Equipment Management) there was a total of $1.5 Billion Invested.  Take a look below for the specific deals, as well as information on investment timing, active investors, funding round size, and spend by category.

2020 Top Deals - Most Active Investors

wdt_ID Investor Investments Made
1 Curbio, Foresight, Branch Technology, IFM Restoration
2 Factory_OS, Bridgit
3 Foresight, Briq
4 Foresight, GoFor
5 enVerid Systems, Join Digital
6 Factory_OS, Icon
7 PlanRadar, Versatile
8 OpenSpace, Infogrid
9 Veev, Arevo
10 Hover, OpenSpace

2020 Individual Top Deals Ranked

1. Katerra

Funding Type: Venture Round
Money Raised: $200,000,000
Date: 5/25/20
Investors: Softbank

2. Procore

Funding Type: Venture Round
Money Raised: $150,000,000
Date5/1/20
Investors: D1 Capital Partners

Funding Type: Venture Round
Money Raised: $90,000,000
Date: 6/3/20
Investors: Eldridge

4. Veev

Funding Type: Series B
Money Raised: $85,000,000
Date: 2/28/20
Investors: Eclipse Ventures, Greenspring Associates, Khosla Ventures, Lennar Ventures, Zeev Ventures

5.  Vp plc

Funding Type: Debt
Money Raised: $84,643,000
Date: 1/15/20
Investors: Undisclosed Investors

Funding Type: Series B
Money Raised: $55,000,000
Date: 11/20/20
Investors: Lafayette Square, Autodesk, Citi, Facebook, Google, Morgan Stanley

Funding Type: Venture Round
Money Raised: $50,000,000
Date: 2/26/20
Investors: Romulus Capital, Suffolk Construction

10. PlanHub

Funding Type: Venture Round
Money Raised: $41,000,000
Date: 10/20/20
Investors: Mainsail Partners

11. Openpath

Funding Type: Series C
Money Raised: $36,000,000
Date: 7/16/2020
Investors: Greycroft, Okta Ventures, LPC Ventures, Sentre, Allegion Ventures

12. Icon

Funding Type: Series A
Money Raised: $35,000,000
Date: 8/19/2020
Investors: Moderne Ventures, Bjarke Ingels Group, CAZ Investments, Citi, Crosstimbers Ventures, Ironspring, Next Coast Ventures, Oakhouse Partners, Trust Ventures, Vulcan Capital, Wavemaker Partners

13. PlanRadar

Funding Type: Series A
Money Raised: $33,957,000
Date: 3/6/2020
Investors: aws Gründerfonds (aws Founders Fund), Berliner Volksbank Ventures, Cavalry Ventures, e.ventures, Insight Partners

14. HaulHub

Funding Type: Series B
Money Raised: $30,000,000
Date: 3/5/2020
Investors: Durable Capital Partners, T. Rowe Price

15. Ubicquia

Funding Type: Series C
Money Raised: $30,000,000
Date: 9/9/2020
Investors: Fuel Venture Capital

16. Material Bank

Funding Type: Series B
Money Raised: $28,000,000
Date: 4/30/2020
Investors: Bain Capital Ventures, Raine Ventures

17. Headlight

Funding Type: Series B
Money Raised: $25,600,000
Date: 6/11/2020
Investors: Viking Global Investors

18. Arevo

Funding Type: Series B
Money Raised: $25,000,000
Date: 8/11/2020
Investors: Defy Partners, GGV Capital, Khosla Ventures, Alabaster

19. Curbio

Funding Type: Series C
Money Raised: $25,000,000
Date: 11/13/2020
Investors: Comcast Ventures, Second Century Ventures, Camber Creek, Brick & Mortar

20. Foresight

Funding Type: Series A
Money Raised: $20,500,000
Date: 12/18/2020
Investors: Blackhorn Ventures, Brick & Mortar, Builders VC, Transverse Insurance

21. enVerid Systems

Funding Type: Series B
Money Raised: $20,000,000
Date: 4/28/2020
Investors: Breakthrough Energy Ventures, Building Ventures, OurCrowd, Ajax Strategies

22. Urbint

Funding Type: Series B
Money Raised: $20,000,000
Date: 6/18/2020
Investors: Salesforce Ventures, Piva, National Grid Partners, Energy Impact Partners

23. Matroid

Funding Type: Series B
Money Raised: $20,000,000
Date: 10/13/2020
Investors: Energize Ventures, Intel Capital, New Enterprise Associates

24. Versatile

Funding Type: Series A
Money Raised: $20,000,000
Date: 12/3/2020
Investors: Insight Partners, Entrée Capital, Robert Bosch Venture Capital, Root Ventures, Conductive Ventures

25. Agility Robotics

Funding Type: Series B
Money Raised: $20,000,000
Date: 10/15/2020
Investors: TDK Ventures, Sony Innovation Fund, Safar Partners, Playground Global, MFV Partners, Industrial Technology Investment Corporation, Data Collective DCVC

26. Propeller

Funding Type: Series B
Money Raised: $18,000,000
Date: 7/21/2020
Investors: Blackbird Ventures, Costanoa Ventures

27. OpenSpace

Funding Type: Series B
Money Raised: $15,900,000
Date: 7/27/2020
Investors: Menlo Ventures, Nine Four Ventures, Taronga Group, Lux Capital, JLL Spark, Navitas Capital, Zigg Capital

28. GoFor

Funding Type: Series A
Money Raised: $15,600,000
Date: 12/14/2020
Investors: Builders VC, Metaprop NYC, GroundBreak Ventures, Plug & Play, Panache Ventures

29. Infogrid

Funding Type: Series A
Money Raised: $15,500,000
Date: 11/30/2020
Investors: Northzone, JLL Spark, Concrete VC, The Venture Collective, Jigsaw VC

30. Aquicore

Funding Type: Venture Round
Money Raised: $14,000,000
Date: 7/29/2020
Investors: Keyframe Capital, A/O Proptech, The Westly Group

31. Buildots

Funding Type: Series A
Money Raised: $13,000,000
Date: 7/30/2020
Investors: TLV Partners, Innogy Ventures, Tidhar Group

32. ROOM

Funding Type: Series A
Money Raised: $12,500,000
Date: 8/5/2020
Investors: Slow Ventures, SJF Ventures, FJ Labs, Lerer Hippeau

33. Veev

Funding Type: Debt
Money Raised: $12,000,000
Date: 2/28/2020
Investors: Western Technology Investment

34. Branch Technology

Funding Type: Venture Round
Money Raised: $11,000,000
Date: 12/9/2020
Investors: EquipmentShare, Brick & Mortar, Chattanooga Renaissance Fund

35. Falkbuilt

Funding Type: Series A
Money Raised: $10,780,000
Date: 11/11/2020
Investors: RET Ventures

36. Briq

Funding Type: Series A
Money Raised: $10,000,000
Date: 5/11/2020
Investors: Blackhorn Ventures, Metaprop NYC, Eniac Ventures, Darling Ventures

37. IFM Restoration

Funding Type: Series A
Money Raised: $10,000,000
Date: 4/8/2020
Investors: S3 Ventures, Brick & Mortar

38. Aclaimant

Funding Type: Series A
Money Raised: $10,000,000
Date: 6/29/2020
Investors: Mercury Fund, Royal Street Ventures, EBSCO Capital, KEC Ventures, RRE Ventures, Aspen Capital Group

39. Join Digital

Funding Type: Series A
Money Raised: $10,000,000
Date: 3/20/2020
Investors: Canaan Partners, Building Ventures

40. SiteAware

Funding Type: Series A
Money Raised: $10,000,000
Date: 10/8/2020
Investors: Axon Ventures, Robert Bosch Venture Capital, lool Ventures, The Flying Object, Power Capital Venture, Oryzn Capital

41. United Dwelling

Funding Type: Series B
Money Raised: $10,000,000
Date: 5/19/2020
Investors: Lightspeed Venture Partners, Alpha Edison

42. Livly

Funding Type: Venture Round
Money Raised: $8,000,000
Date: 4/2/2020
Investors: OCA Ventures, Geolo Capital, Founder Equity

43. Quartz

Funding Type: Seed
Money Raised: $7,750,000
Date: 5/13/2020
Investors: Undisclosed Investors

44. StructionSite

Funding Type: Series A
Money Raised: $7,735,237
Date: 3/3/2020
Investors: Undisclosed Investors

45. Northspyre

Funding Type: Series A
Money Raised: $7,500,000
Date: 5/12/2020
Investors: Craft Ventures, Tamarisc Ventures

46. DroneBase

Funding Type: Series C
Money Raised: $7,500,000
Date: 6/17/2020
Investors: Valor Equity Partners, Upfront Ventures, Union Square Ventures, Razi Ventures, Pritzker Group Venture Capital, Hearst Ventures, DJI

47. GoFor

Funding Type: Seed
Money Raised: $7,241,344
Date: 6/17/2020
Investors: Plug & Play, Panache Ventures, Mucker Capital, I2BF Global Ventures, Cemex Ventures, Capital Angel Network, Builders VC

48. RoboticPlus.AI

Funding Type: Series A
Money Raised: $7,081,150
Date: 3/24/2020
Investors: Linear Venture, SZHTI Group, Zhengxuan Investment

49. Bridgit

Funding Type: Venture Round
Money Raised: $7,000,000
Date: 7/14/2020
Investors: Autodesk, EDC, BDC Capital's Growth & Transition Capital, Salesforce Ventures, Sands Capital, StandUp Ventures

50. Agora

Funding Type: Series A
Money Raised: $7,000,000
Date: 10/30/2020
Investors: 8VC, Tishman Speyer, Suffolk Construction, Abstract Ventures, BoxGroup