Brick & Mortar Ventures

Brick & Mortar Ventures is a venture capital firm headquartered in San Francisco, CA, founded in 2015 by Darren Bechtel. The firm is exclusively focused on identifying, investing in, and growing emerging companies developing innovative software and hardware solutions for the architecture, engineering, construction (AEC), and facilities management industries. It describes itself as the first and largest venture capital firm focused solely on supporting the commercialization of emerging technology to improve the design, construction, and ongoing maintenance and operation of the modern built environment. In 2019, the firm closed a $100 million fund backed by strategic LPs from across the construction value chain, including Ardex, Autodesk, Cemex, United Rentals, Hilti, Obayashi, and Sidewalk Labs. The firm primarily invests at the Seed and Series A stages, with check sizes typically ranging from $1M to $4M per company. Its portfolio spans companies in the U.S., Australia, Canada, and additional international markets, and the firm maintains dedicated partners covering the EMEA region (based in Paris) and the APAC region (based in Pune, India). Founders building technology for construction, real estate, infrastructure, or facilities management should visit brickmortar.vc/contact to submit their idea.