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The Venture Codex

Construct Capital

3516 Connecticut Ave NW, Floor 3, Washington, DC, 20008, United States

Overview

Construct Capital is an early stage venture capital firm founded in 2020. We invest in extraordinary founders building technology to transform the most foundational industries of our economy — from manufacturing and supply chain to food and transportation — that drive half our economy’s GDP yet are failing to meet customer expectations. We are active investors seeking to invest at the Seed or Series A stage.

Total investments
50
Lead investments
18
Investments · 12mo
15
Active investors
9

Sector focus

  • Enterprise Software
  • Industrial Automation
  • Supply Chain Management
  • Venture Capital
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Investment portfolio

  • Hadrian

    Participated · Series D · Aug 2026

    Hadrian builds automated manufacturing facilities that mass-produce parts for vehicles used by the military. The company has opened multiple facilities, including a fourth site in Alabama announced in March to produce submarine parts. That Alabama facility was structured as a public/private partnership and valued at $2.4 billion, according to Hadrian. Hadrian has attracted large venture and institutional backers and recently raised a $1.37 billion round at a $7.87 billion valuation. About a year earlier it raised a $260 million Series C led by Founders Fund and Lux Capital, bringing total capital raised to roughly $2 billion per PitchBook estimates. The company's current plans and financing indicate continued expansion of its automated production footprint for defense supply chains.

  • GrailPay

    Participated · Series A · Jun 2026

    GrailPay builds payments infrastructure focused on establishing certainty and trust for instant, agentic business payments. Its Account Intelligence product performs risk scoring of bank accounts without requiring open banking, and its Transaction Intelligence product is designed to accelerate payments. The company says it is already processing billions of dollars of business payments volume, growing that volume 20x over the past year. GrailPay plans product releases to enable new forms of commerce that were previously impractical, and is using its recent financing to further develop its offerings and scale operations. Financially, the company has raised over $17M to date, including a $10.5M Series A led by MissionOG.

  • Copia Automation

    Participated · Equity · Jun 2026

    Copia Automation offers a platform that provides visibility, traceability, and control across the full automation lifecycle for industrial organizations. The company focuses on managing, versioning, backing up, and recovering PLC and other automation device code to help maximize uptime, strengthen governance, and improve cyber resilience. Copia positions its product as a single system of record for OT teams and executives accountable for compliance and incident response. The company supports flexible deployments including cloud, customer-managed data centers, and air-gapped environments. Copia will use recent funding to accelerate product development and expand capabilities for validated backups, version control, and AI-assisted coding tools. As of this raise, the company has announced a total of $55 million in capital raised.

  • Podium Automation

    Led · Series A · Jun 2026

    Podium Automation builds and ships UL 508A certified industrial control panels using a software-driven end-to-end design and manufacturing process. Its proprietary software connects customer requirements, eCAD design tools, and shop floor instructions to automate component selection and generate validated assembly instructions. The company says it can design and deliver panels in less than four weeks versus legacy lead times that often exceed 12 weeks. Podium emphasizes manufacturability and component availability to reduce errors and speed delivery, serving customers from scale-ups to Fortune 500 manufacturers. It operates a UL 508A certified facility and plans to expand manufacturing capacity and grow engineering and operations teams. Podium was founded in 2024 and is headquartered in Brooklyn, New York; it has raised $18 million in Series A funding, bringing total capital raised to over $23 million.

  • Endurance Energy

    Participated · Series A · Jun 2026

    Endurance Energy focuses on developing undersea geothermal energy projects. The company recently raised a seed financing round of $25 million to $30 million led by Founders Fund. The reported funding is intended to support development of its undersea geothermal initiatives. The article does not disclose revenue, users, or other operating metrics. No founding year, location, or prior funding details were provided in the report.

Team

  • Dayna Grayson

    Co-founder & General Partner

    LinkedIn
  • Rachel Holt

    Co-founder & General Partner

    LinkedIn
  • Salle Yoo

    LP

    LinkedIn
  • Kirby Bartlett

    Chief Operating Officer and Chief Financial Officer

    LinkedIn