Led · Equity · Jun 2026

Aston Power builds a coordinated power delivery platform that works across generation, transmission, firming, and delivery infrastructure to help customers secure reliable large-scale power with greater speed and predictability. The company targets data centers and other energy-intensive industrial projects facing constrained utility capacity and compressed timelines. Aston reports a service pipeline of about 2 gigawatts and has ongoing data center projects in Arizona, New Mexico, and Texas. Founded in 2022 and headquartered in Raleigh, N.C., the company raised $20 million in strategic equity from investors including TDK Ventures, Building Ventures, and JLL Spark Global Ventures. Aston intends to use the proceeds to scale operations and expand its geographic footprint to serve growing AI and industrial power demand. The company positions its offering as a full-stack, coordinated alternative to fragmented approaches that force customers to manage multiple power elements themselves.

Participated · Equity · Aug 2025

Copper, led by CEO Sam Calisch, is a Berkeley, CA-based appliances company focused on improving electrification. Its first product is a battery-equipped induction stove that plugs into a regular 120V outlet. The stove enables cooks to upgrade from gas to induction without costly, complex electrical upgrades. The company raised $28M in funding. Copper intends to use the funds to continue to scale its technology platform into additional products. The round was led by Prelude Ventures and included participation from Building Ventures, Voyager, Collaborative Fund, Climactic, Designer Fund, Necessary Ventures, Leap Forward Ventures and Climate Capital. Channing St. Copper’s core product is an Energy Storage Enabled (ESE) induction stove that embeds a modest battery into the appliance to deliver high-performance induction cooking on a normal (120V) outlet, avoiding 240V wiring. The stove includes load-shifting capabilities designed to work with power utilities and to create a network of energy-storage-enabled appliances that plug into standard outlets. Embedding batteries into appliances is intended to eliminate permitting, wiring complexity, and labor costs associated with whole-home battery installs, and to lower the installed cost and installation barriers compared with systems like the Tesla Powerwall. The company positions the product as a fast, cheap pathway to retire gas ranges (the article cites 45 million gas ranges in use) and to reduce greenhouse gas emissions while improving public health and safety. Channing St. Copper plans to expand its offering toward whole-home electrification with a suite of ESE appliances including hot water heaters, mini-split/heat-pump air conditioners, and clothes dryers. The LinkedIn post congratulates Eric Wilhelm, Sam Calisch, and the Channing St. Copper team for the milestone.

Participated · Series A · Jul 2025

Parspec provides an AI-native platform that automates quoting, product selection, and submittal preparation for wholesale distributors and sales agents in construction. The company uses multimodal AI models to extract requirements from design drawings and specification documents and then surfaces ranked compliant products from a catalog of over 6 million items. Parspec maintains an automated data pipeline that extracts and organizes product information from thousands of manufacturer websites daily to keep its catalog current. Customers report 50–100% improvements in labor productivity, and the company has delivered 4x revenue growth over the past 12 months while supporting hundreds of distributors and sales agents, including four of the five largest U.S. electrical distributors. Parspec plans to invest Series A capital primarily into product development to support the full order lifecycle, building Distributor Order Management and a Contractor Portal, with commercial launches expected by the end of 2025. The company is developing these products in close collaboration with existing customers such as Rexel, Border States, U.S. Electrical Services, and Crescent Electric Supply. Parspec is an AI-powered software platform that streamlines the selection and sale of construction products, focusing on procurement workflows for sales agencies and distributors. The platform uses cutting-edge NLP, computer vision, LLM-based document summarization, image-based and contextual searches, and a personalized recommender across a live database of over 2 million configurable product families. Parspec is initially focused on lighting and electrical products and is working with three of the top ten lighting agencies and four of the five largest U.S. electrical distributors, including Sonepar, Graybar, Rexel, and CED. The company says its technology reduces labor by more than 50% versus manual methods, cuts time to quote in half, and enables teams to bid 6–15% more jobs while improving win rates. Customers report increases to top-line revenue and profitability and describe the product as critical to their business. Parspec was founded in 2021 and is headquartered in San Mateo, California.

Led · Seed · Apr 2025

Adaptis is a platform that integrates financial, sustainability, and operational data to simplify real estate decision-making and deliver data-driven retrofit and decarbonization strategies. The AI-powered decision support platform prioritizes opportunities based on available building information, identifies gaps for deeper analysis, and integrates recommendations into capital planning workflows. The company plans to broaden its reach across all asset classes beyond Class A properties, expand geographically, and continue product development through ongoing R&D. Following a $4 million seed round led by Building Ventures, Adaptis has strengthened its sales team with hires including a chief revenue officer and head of sales to accelerate growth. In 2024 Adaptis reported a 370% revenue increase year-over-year, operates in over 350 buildings with over 400 set to onboard next quarter, and has expanded into eight regions including British Columbia, Washington State and New York. It also reported over 108,000 tCO2e emissions avoided, more than 6,000 tons of waste diverted, and an average 20% CapEx savings for building owners.

Participated · Series B · Jun 2024

Clearstory provides a change order communication platform that digitizes and centralizes end-to-end change order workflows for owners, general contractors and specialty contractors. Launched in 2018 and headquartered in Walnut Creek, Calif., the network is used across sizes and trades and counts 13 of the 25 largest general contractors in North America as customers. Customers share over 19,000 change orders worth over $850 million every single month through Clearstory's platform. The product offers collaborative workflows, real-time visibility, integrations with Procore, Autodesk, Vista, CMIC, Sage and HCSS, and automation to reduce administrative burden. The company says its platform helps general contractors reduce risk and specialty contractors get change orders approved and paid more quickly. Clearstory plans to scale the platform further by investing in product development and hiring to drive growth and innovation. Clearstory (fka Extracker) is a San Francisco-based company that provides a change order communications tool for construction business processes. Its platform centralizes real-time change-order data so general contractors can prevent lost revenue, specialty contractors get paid faster, and teams make financial decisions from a single source. Clearstory integrates with ERPs, accounting software, project management and cloud storage solutions including Procore, CMiC, Viewpoint and Sage. The company has onboarded specialty contractors across trade verticals, including KONE Elevators, Cherry Coatings Painting, Performance Contracting Group, TrueTeam Insulation and Conco Concrete. The solution currently works with more than 40% of the ENR Top 25 General Contractors, and over $5 billion in change orders have been shared between commercial construction companies on the Clearstory network. Led by founder and CEO Cameron Page, Clearstory intends to use the newly raised funds to accelerate its growth trajectory. Extracker is a San Francisco provider of a construction industry change order communication platform. Its platform connects commercial construction companies outside their internal financial software to resolve change orders in real time and includes a collaborative cloud-based log. Product features include digital Time and Material Tags, standardized Change Order Templates, trackable Change Notifications and other tools to organize and streamline extra work. Led by CEO Cameron Page, the company says it creates financial transparency by reducing exposed risk and time spent tracking extra work. Customers named in the article include BrandSafway, Conco, Performance Contracting Group, Permasteelisa, NOVO and BuildGroup. Extracker raised $7M in a Series A and intends to use the funds to accelerate growth and expand operations.