The BuiltWorlds 2022 Venture Investors 50 is a list of the most active venture capital firms and strategic corporate funds investing in the built world today. Since 2017, BuiltWorlds has tracked venture deals in the construction and broader real estate ecosystem with a global purview.
This year’s list includes inventors that you may recognize from previous investor lists, but you'll see plenty of newcomers that have emerged in the built-worlds VC space more recently. The intent of this top investors list is to show the breadth of investors in this slow-to-adopt industry and the continued acceleration of innovative financing to develop real-estate tech ventures for years to come.
BuiltWorlds first Venture Investors list was released in 2018 and cataloged only 27 institutional investors. Last year's list, the 2021 Venture Investors 50, identified 151 deals from 368 investors netting ~$14.5B (nearly double the previous year’s activity). In this 2022 list, inclusive of investments over the past 24 months (from December 1st, 2020 to November 30th, 2022,) our research team tracked a total of 524 deals from 1334 unique investment groups.
Representation on this list puts your investment group in the 96th percentile of the private institutional investment community in the built world.
How Was This List Created?
This year’s list was derived by quantifying how active institutional investors have been over the last 24 months. The investment groups that constitute this list are in order beginning with the most active and have participated in the largest number of deals over the last two years in ventures that fall within the BuiltWorlds venture research scope. This list does not factor in criteria such as deal size, deal round, or being a lead investor. In instances where two groups have completed the same quantity of deals, the tiebreaker was awarded to the firm with more recent deal activity.
Want To Learn More About BuiltWorlds Investment Data?
BuiltWorlds venture research tracks deals via primary data collection and publicly sourced deal flow made in the built world ecosystem. Deals include a wide variety of innovative solutions that augment design, estimating, procurement, and construction of vertical & horizontal assets, as well as post-build technologies involved in operations, monitoring, and maintenance of built-world assets.
To see a full breakdown of all the deals tracked within the BuiltWorlds VC ecosystem, a further delineation of where this capital is being put to work, and insights into investment themes and trends, visit the BuiltWorlds Venture Dashboard.
For more information on our methodology click below
Fifth Wall is the largest venture investment firm in the real estate technology sector, with $3.2 billion in capital commitments from over 100 committed LPs, and has deployed more than $1.78B into BuiltWorlds' venture sphere in the past 2 years.
This built world-accelerating powerhouse began its early-stage investing journey in 2016 with a primary focus on “PropTech” – an increasingly ambiguous term with the rise of construction and infrastructure tech, but seems to now relate primarily to either residential real estate-focused innovation or commercial real estate tech.
Today, Fifth Wall’s flywheel of investments has expanded deep into the world of ConTech as the necessity of vertical integrations across the real estate sector becomes increasingly apparent with each new siloed solution that is implemented. Over 1/3rd of the Fifth Wall deals BuiltWorlds tracked were related to residential real estate, while construction tech represents a meaningful part of this pure-play built-world VC’s investment thesis. Infrastructure tech has been a growing theme within Fifth Wall’s strategy with many of these solutions being sustainably empowered.
Focused exclusively on venture capital opportunities in “technology for the built world,” Brick & Mortar Ventures identifies, backs, and enables emerging companies developing innovative software and hardware solutions for the industries of architecture, engineering, construction, and facilities management. Its hyper-focused mandate allows Brick & Mortar to continuously develop industry expertise and relationships across these large and growing verticals and build value to its portfolio by taking a hands-on, active role as an investor and partner to its companies.
Tiger Global Management, LLC is an investment firm that focuses on private and public companies in the global Internet, software, consumer, and payments industries. Tiger Global's objective is to generate superior risk-adjusted returns for our investors over the long term.
Foundamental is a global venture capital firm investing in construction, mining and renovation technology. They believe in making these industries autonomous and clean with technology and science. They are backed by some of the world’s largest construction and materials companies, giving us privileged access to deep sector knowledge across markets.
MetaProp is a New York-based venture capital firm focused on the real estate technology (“PropTech”) industry. Founded in 2015, MetaProp’s investment team has invested in 100+ technology companies across the real estate value chain. The firm manages multiple investment funds for both financial and strategic real estate investors representing a pilot- and test-ready sandbox of 15+ billion square feet across every real estate asset type and global market.
MetaProp's investment activities are complemented by pioneering community leadership including MetaProp Accelerator at Columbia University programs, global events NYC Real Estate Tech Week and MIPIM PropTech NYC, and publications Global PropTech Confidence Index and PropTech 101.
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of February 24, 2022, the closing of the firm’s recent fundraising, Fund XII, brings Insight Partners’ regulatory assets under management to over $90B. Insight Partners has invested in more than 600 companies worldwide and has seen over 55 portfolio companies achieve an IPO.
Headquartered in New York City, Insight has offices in London, Tel Aviv, and Palo Alto. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Insight Partners meets great software leaders where they are in their growth journey, from their first investment to IPO.
Blackhorn Ventures is an early-stage venture capital firm that invests in companies using breakthroughs in engineering and science, coupled with the infrastructure of the Information Revolution, to redefine resource productivity.
Billions of people are moving toward a higher standard of living, and global consumption is rapidly depleting Earth’s resource capacity. Blackhorn is in a unique period of history that will be defined by investment in resource-efficient technologies.
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FJ Labs, Inc. operates as a venture capital firm. The Firm focuses on investments in the e-commerce and mobile software industries. FJ Labs invests globally.
This investment group decides whether we invest or not based on two 60-minute calls over the course of a week or two. FJ Labs do not lead and does not take board seats. In other words, FJ invests at any stage, in any geography, or in any industry with extremely limited due diligence.
Saint-Gobain’s venture arm is dedicated to fostering partnerships w/ startups in construction products, advanced materials & environmental sustainability.
With a presence in North America, Europe, Asia and South America, NOVA connects the global startup community with the power, resources, and experience of Saint-Gobain, one of the world’s largest building materials companies and manufacturers of innovative material solutions, addressing the needs of today and challenges of tomorrow.
Since 2006, we have helped create more than 150 partnerships for transformative innovation with startups in various stages and in various forms, including co-development, licensing, commercial agreements, direct investments, and joint ventures. NOVA is also a limited partner in a number of global funds.
NOVA serves as a bridge, working collaboratively with startups to provide them with access to Saint-Gobain’s internal resources and support to form long-term partnerships. Rooted in trust, expertise, support, and flexibility, we assist entrepreneurs whose areas of focus align with our expertise in order to help them succeed.
36. Signia Venture Partners
Signia Venture Partners is a unique early-stage venture fund dedicated to helping passionate entrepreneurs build impactful, world-changing, and iconic companies. Signia’s team is made up of proven entrepreneurs with a track record of success and experience at every stage of growth and with a hands-on approach to technology investing. This innovative approach includes their successful founder/investor program and dedicated resources for their portfolio such as the latest technology platforms, in-house recruiting and marketing services, access to experts and strategic partners, and events designed to educate and inspire.
Tishman Speyer is comprised of real estate owners, operators, developers, and fund managers. They are innovators and big thinkers. They’ve been in the business since 1978, and have collaborated with hundreds of companies to acquire, develop and operate nearly $89 billion of property value, including over 170 million square feet of office, retail and residential space in key cities around the world.
This leading real estate investment group launched its first PropTech fund in March 2022 with $100M to put towards early-stage building tech startups.
Haskell Corporate Venture Capital Arm. Investing in disruptive architecture, engineering, and construction technologies reshaping the built world.
Dysruptek identifies strategic investments in early-stage technology companies with solutions to address the major challenges facing the AEC industry. The group strives to grow innovation by piloting new technologies on Haskell projects and conducting research and development of new products from manufacturing to the jobsite.
OTHER TOP 50 LISTS
The ranking of BuiltWorlds 2022 Venture Investors 50 cohort is determined by the level of activity these investment groups have been involved in over the last 24 months.
Ranking factors in order of importance:
- Investments are made within BuiltWorlds Venture Scope (outlined below)
- The number of participating venture deals between 12/1/2020 - 11/30/2022
- Ties are broken by the most active investors of recent quarters
BuiltWorlds Venture Scope
BuiltWorlds Ventures tracks deals via primary data collection and publicly sourced deal flow made in the built startup ecosystem. Innovative solutions that augment the design, engineering, material/equipment procurement, and construction of vertical & horizontal assets, to post-build technologies involved in the operations, monitoring, and maintenance of built-world assets.
BuiltWorlds Venture team examines and provides actionable insights into early-stage ventures addressing mission-critical issues across the lifecycle of built worlds assets, for a comprehensive understanding of venture activity in real-time.
To see a full breakdown of all the deals tracked within the BuiltWorlds VC ecosystem, and a further delineation of where this capital is being put to work (investment themes & stages broken out by quarter), take a look at BuiltWorlds Venture Dashboard.