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The Venture Codex

CA Ventures

130 E Randolph Street, Suite 2100, Chicago, IL, 60601, United States

Overview

CA Ventures is an international real estate investment, development, and management company with more than $10 billion in global assets. Founded in 2004 by CEO Tom Scott, CA Ventures started as a small investment firm, focused on acquiring and developing university student housing. Since that time, CA Ventures has grown and diversified into a distinctive global real estate entity, and is the parent company of CA Asset Services, CA Student Living, CA Residential, CA Office, CA Hospitality, CA Senior Lifestyle, and CA International. CA Ventures delivers a comprehensive range of services for student, senior, multifamily, medical, and industrial properties. Engaged at every level, CA Ventures is dedicated to selecting and transforming spaces that improve lives. Led by passionate, proven visionaries CEO Tom Scott and Chief Investment Officer John Diedrich, the company employs more than 2000 team members and was named as one of Crain’s 2019 Best Places to Work in Chicago.

Total investments
3
Lead investments
1
Investments · 12mo
0
Active investors
2

Sector focus

  • Commercial Real Estate
  • Real Estate
  • Real Estate Investment
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Investment portfolio

  • HappyCo

    Participated · Equity · Jan 2022

    HappyCo is a real estate software company that develops mobile and cloud solutions to enable real-time operations data for property managers, asset managers, lenders and investors. Its core product is a residential operations platform offering condition assessment and workflow tools with in-unit data on over 3.5 million rental homes. The suite supplies underwriting information to lenders, investors and asset managers and empowers property managers with real-time operational tools and reporting. Current customers include Freddie Mac; lenders such as Walker & Dunlop, Berkadia, and Greystone; investors including CA Ventures and Maxus Properties; and property managers such as Cushman & Wakefield and AMC. The company intends to use the newly raised funds to expand its platform and add new services. Founded in Australia in 2011 and based in San Francisco and Adelaide, HappyCo positions itself as a data provider for rental housing operations. HappyCo builds mobile and cloud solutions to enable real-time property operations, including tools for inspecting, managing and monitoring residential properties and commercial facilities. The platform is used to manage more than 1.2 million units and counts customers such as Airbnb, Softbank/Fortress and Vicinity Centres. Founded in Adelaide in 2011 and based in San Francisco since 2012, the company serves a global customer base with particular activity in the Asia‑Pacific region. HappyCo completed the third and final tranche of its Series A in March 2018 and intends to use the proceeds to expand R&D operations in Australia and the U.S. and to build out its support team to sustain its Asia‑Pacific customer base. The article does not provide additional financial metrics beyond the fundraising and units under management. HappyCo is a San Francisco-based provider of a SaaS mobile inspection platform for real-time operations management of residential properties, commercial facilities and enterprise workforces. Led by CEO Jindou Lee, the company’s flagship product, Happy Inspector, is used by thousands of companies and has facilitated more than 1.3 million inspections and more than 20 million inspection photos. The company completed a $7.5M Series A funding round in May 2016. HappyCo intends to use the funds to expand its engineering and sales teams, continue increasing its customer base, enter new verticals and add to its product suite. The capital is intended to accelerate product development and sales growth across existing and new markets.

  • Spotivity

    Led · Seed · Jun 2021

    Spotivity is a Chicago-based tech startup operating a double-sided marketplace that connects teens with after-school programs and supports program providers. The platform combines location-based technology, social media engagement, and a research-informed recommendation algorithm called Pocket Genie developed with Utah State University. Core features include in-app check-ins, rankings, digital badges, a verified after-school transcript, an embedded team store, chat/forums, and 10,000+ searchable programs across ten categories. The product also offers parental features (optional parental tethering, Safe Passage Notification, point-based digital engagement) and provider tools to track attendance, lower liability, and generate revenue. Launched in 2018, Spotivity lists clients including the Illinois Math and Science Academy, Chicago Scholars, and the Sports Philanthropy Network. Financially, the company closed a $1 million seed round led by CA Ventures to grow user acquisition and support a recent global launch.

  • Livly

    Participated · Seed · Mar 2019

    Livly provides an enterprise-grade resident operating system that combines technology and services to act as connective tissue within residential communities and a remote-control for apartment living. The platform and companion app let property operators manage community events, resident communication, maintenance requests, package deliveries, rent payments, and amenity reservations from a centralized hub. It also offers portfolio management capabilities, an AI-powered Maintenance assistant, and analytics for renewal-predictor scores and overall sentiment to drive operational improvements. The company intends to use the new funding to support initiatives designed to increase net operating income for developers, property operators, and third-party property management companies. Livly was founded in 2017 and is led by CEO Alex Samoylovich, operating out of Chicago, Illinois. The articles do not disclose revenue or user metrics. Livly provides an integrated platform of mobile and web applications for both multifamily community residents and property managers. Resident-facing features include move-in onboarding, renters’ insurance setup, maintenance requests, package notifications and other convenience services. For property managers the system offers communication and social engagement tools, including a digital community feed that serves as a private social network for apartments. Led by CEO Brian Duggan, the company is active in more than ten U.S. cities. Livly plans to use new funding to accelerate growth into additional domestic markets and to develop innovative technology solutions. Livly offers a one-stop, app-based operating system that lets renters pay rent, buy renter’s insurance, schedule maintenance and arrange in-unit package deliveries while enabling property managers to manage staff and renter requests. The platform monetizes physical and digital transactions within a building and integrates with multiple property management systems. After a two-year private beta in Chicago, the company plans to roll its software out to strategic partners nationally over the next several quarters. Forthcoming offerings include on-demand essentials such as custom grocery deliveries, wash-and-fold laundry, tailored housekeeping, accessible co-working spaces and keyless mobile entry. The company is led by Alex Samoylovich and Adam McCombs and focuses on increasing owner and manager revenue streams through its services and integrations. Financially, Livly completed a $10M seed financing to support its rollout and product expansion.

Team

  • Tom Scott

    Founder & CEO

    LinkedIn
  • John Diedrich

    Managing Principal and Chief Investment Officer