Bechtel
12011 Sunset Hills Road Suite 110, Reston, VA, 20190, United States
Overview
Bechtel is a U.S.-based construction company that offers engineering, construction, and project management solutions to its customers. Founded in 1898, Bechtel has worked on more than 25,000 projects in 160 countries on all seven continents. Bechtel collaborates with 53,000 colleagues who join with customers, partners, and suppliers on hundreds of diverse projects in nearly 40 countries. Bechtel’s portfolio encompasses energy, transportation, communications, mining, oil and gas, and government services. Bechtel has been named as the top U.S. construction contractor for 15 straight years by Engineering News-Record (ENR).
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Architecture
- Construction
- Project Management
Investment portfolio
- Dealpath
Participated · Series A · Oct 2016
Dealpath offers a purpose-built deal management platform for the real estate industry that centralizes vetted, real-time deal data with integrated documents, tasks, and communications. The software is designed for owners, developers, lenders and investment managers to enable pipeline tracking, deal analytics and collaborative workflows at scale. Dealpath is institutionally secure (SOC2 Type 2) and is used by large firms such as Blackstone, Nuveen, AEW, Oxford Properties, Principal Real Estate and Bridge Investment Group. The company reports supporting over $10 trillion in transactions on its platform and has nearly doubled its team to about 100 professionals with offices in San Francisco, New York City and Toronto. Reported customer outcomes include 100% increases in deals under contract, 100% more deals evaluated per year and average 400% AUM growth over three years. The new funding is intended to accelerate global expansion and grow product, sales, customer success and executive leadership capabilities. Dealpath provides a cloud-based deal management platform used by investment and development firms for pipeline tracking, deal analytics, and collaborative workflows. The platform has supported over $5 trillion in transactions and is used by hundreds of top investment managers. Dealpath reports client outcomes including 475% ROI, 20% more deals evaluated, 30% fewer underwriting and due diligence errors, 50% higher weekly productivity, and a 60% lift in employee satisfaction. The company emphasizes intuitive, purpose-built software to enable collaboration, smarter decisions, and scale across real estate investing. Dealpath says it will continue building out its platform and raising the bar for client service, targeting more programmatic portfolio management and transaction execution. It operates offices in San Francisco and New York City and was founded in 2014. Dealpath offers an intelligent software platform that centralizes tasks, files, communications and reporting for commercial real estate (CRE) investment and development teams. The product can be adopted by individual professionals and teams in a self-service model and is also available in customized versions for larger enterprises with hundreds of users. Dealpath integrates data from services like Esri, Outlook, Google, Box, Dropbox and Yardi and can be set up in minutes. Founded in 2014 by CEO Michael Sroka and based in San Francisco, the company serves clients including Millennium Partners, Cypress Equities, U.S. Restaurant Properties and more than 100 firms. The company raised $8M in a Series A financing. Backers on the round included Formation8, LeFrak, Milstein, Bechtel, Goldcrest Capital and Deep Fork Capital.
Team
No current team members are available.