Participated · Series C · Sep 2022

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.

Participated · Series C · Dec 2021

Founded in 2017 by Rami Zeidan, Life House began as a hotel brand and operator and has evolved into a tech provider, hotel manager and boutique brand with a 70-person team. The company has developed a comprehensive SaaS product for independent hotels covering revenue management, dynamic pricing, financial reporting, operations, branding and design. Life House currently manages close to 50 hotels in North America, with properties ranging from 14 to 375 rooms, and about 85% of its portfolio now consists of third-party hotels using its software via white-label agreements. According to the company, its software has consistently increased hotel profitability by over 200% and net revenues by over 45%, and the business has grown over 600% since the onset of the COVID-19 pandemic. The company is initially focused on small hotels but plans to expand to larger properties over time. New capital will be used largely for hiring software developers, product staff, engineers and to build out its sales organization. Life House is a New York-based, tech-enabled lifestyle hotel brand, management company and vertically-integrated software platform founded in 2018 by Rami Zeidan. The company builds and operates boutique hotels alongside a white-labeled management platform that includes automated financial reporting, an algorithmic machine-learning pricing system, and an employee-facing property management system. Life House runs an asset-light model and has more than 800 beds today, expects 25 hotels to be open by early next year, and operates with only 30 corporate employees. Its platform is driving over 40% increases in revenue, reducing operating costs by as much as 45%, and capturing over 65% of bookings directly on its website. The brand also offers differentiated products such as luxury bunk rooms that sleep four adults while maintaining upscale amenities, and has secured hundreds of millions in third-party real estate capital to scale. The company has raised under $9 million in prior venture funding and with the new financing plans to expand into new markets, launch new brands across consumer price segments, and continue product and supply-chain innovation. Management targets reaching corporate profitability within 18–24 months. Life House operates and manages locally-rooted lifestyle boutique hotels using a proprietary, tech-enabled management and white-label operations platform that centralizes back-office functions and drives direct web bookings. The company pairs in-house design and contextual repositioning with software that increases revenue and automates operations, claiming 30–50% higher returns for real estate partners versus traditional managers. Life House currently operates four hotels, has signed over 500 rooms across nearly 10 projects while spending less than $5M of venture capital, and counts venture backers including Global Founders Capital, Comcast Ventures, and Trinity Ventures. The company reports 50–80% of bookings driven direct to its website (a 200–300% improvement versus typical independents) and first-year NOI uplifts of 40–100%; a Nantucket repositioning is projected to raise NOI by >100% and add about $15M in property value. Life House plans rapid, asset-light expansion—raising a Series B and targeting over 20 hotels open or under construction by 2020 in markets such as Nantucket, Brooklyn, Denver, and Lake Tahoe. The $100M equity commitment from Blue Flag Partners will fund acquisition of seven to ten additional hotels and scale the company’s management and investment partnership model. Life House builds and operates vertically integrated lifestyle boutique hotels and develops properties for real estate owners, combining design, food & beverage, operations and in-house technology. The company has a proprietary technology platform intended to drive direct bookings, optimize operations, and power a social network for travelers to meet before arrival. Life House structures venture and real estate capital separately so the operating company can remain asset-light and scalable while supporting property development. Co-founded by Rami Zeidan and Yury Yakubchyk in 2017, the team includes hotel and technology executives with experience from Starwood, 1 Hotels, Sydell Group, and others. Life House plans to open its first two hotels in Miami in the fall and a property in Brooklyn in early 2019, and has run a pre-launch referral campaign offering free trips and opening-party invitations.

Led · Series A · Jan 2019

Hubble operates a data-driven platform that helps businesses design and manage hybrid workplaces via four products: Workplace Strategy Tool, Hubble HQ, Hubble Pass, and Hubble Perks, all managed on one dashboard. The company is launching this new suite of hybrid-work products to meet rising demand as employers shift away from long-term leases. Hubble HQ lists over 5,000 office spaces across the UK, while Hubble Pass is available in 12 countries with roughly 200 spaces and is growing by about 30 spaces per month. The company experienced a 95% drop in office enquiries in March 2020 but recovered to about 80% of pre-COVID levels by June 2021; over 70% of new enquiries now request hybrid setups. Hubble says typical customers (for example a 100-person business) use combinations of its products to downsize main offices, provide access to on-demand spaces, and send remote work perks to employees. The platform was founded in 2014 by Tushar Agarwal (CEO) and Tom Watson and is based in London. Hubble operates an online marketplace for flexible office space, listing over 5,000 offices and covering the whole flexible office market. The platform works with large providers such as WeWork and IWG as well as more than 500 independent providers to help growing businesses find and rent space. Customers mentioned in the article include Funding Circle, Jaguar Land Rover, Monzo Bank and Trussle. Founded in 2014 by CEO Tushar Agarwal and based in London, Hubble currently operates in London and Manchester. The company plans to use new funding to expand operations and to invest further in its technology platform. Prior to this round Hubble had raised a total of £6.4m. Hubble operates an online marketplace that matches companies seeking flexible office space with landlords and commercial space providers. The company began by helping startups find spare office space but has expanded its platform to serve traditional SMEs and larger corporates. Hubble reports a large uptick in demand for flexibility since the Brexit referendum. Its leadership argues that technology is required to scale given the rising number of transactions and lower per-transaction values that challenge traditional property agents. With new capital the startup is building its platform to act as a "digital commercial property advisor," using accumulated data to automate and personalize office-space searches. The company has raised £1.2 million in new funding to support that product development. Hubble HQ operates an online marketplace that connects startups and small businesses with landlords, co-working operators and other companies that have spare office space. The platform lets users browse listings by startup-relevant criteria such as nearby coffee shops, Wi‑Fi, meeting rooms and which other startups occupy a space. Contracts are typically offered on a rolling monthly basis with one month’s notice, and the company handles online contracts and payments. Listings are free and Hubble HQ charges 10% of the monthly rent for up to 12 months only when a successful match and lease is made. The startup reports being revenue positive more or less from the outset. The fresh capital will be used to boost engineering talent and further build out the platform.

Led · Equity · Jul 2017

Ecolibrium provides expert advisory services and a machine learning-led sustainability product called SmartSense to help businesses in commercial and industrial real estate reduce energy use and meet net zero goals. SmartSense assimilates thousands of IoT data points from across a facility’s entire energy infrastructure to drive decarbonisation. The company combines technology-driven solutions with expert advisory to balance people, planet and profit, per its CEO. Ecolibrium has launched operations in the U.K. and signed its first commercial contract with Integral, JLL’s UK engineering and facilities service business. The company was founded in 2008 by brothers Chintan and Harit Soni. It recently raised funding to support its U.K. expansion and product deployment. Ecolibrium Energy is an India-based energy analytics firm focused on providing energy analytics. The article identifies the company by its core product area but does not elaborate on specific products or services. Ecolibrium raised $2.6 million in a financing round. The round was led by Infuse Ventures, JLL, and an angel investor. The article does not disclose operating metrics, use of proceeds, or details on prior financings.

Led · Series A · May 2017

Zipgrid provides a tech-enabled property and asset management platform serving hundreds of housing and commercial communities. Its integrated suite includes tools for property management, community engagement, compliance, accounting, billing and payments, vendor management, builder-to-society transitions and records digitization. The company plans to use new funding to upgrade and upscale technology and operations and to deploy collective commerce solutions for residents and residential communities. Zipgrid positions itself to benefit from India’s organized-community market (over 35 million households in top clusters) and a cited market opportunity of over US$2bn, with household penetration expected to rise to over 100 million by 2025. The platform is being positioned for expansion across the Asia-Pacific region with support from JLL’s global network.