Participated · Seed · Mar 2024

Ontraccr Technologies is a Vancouver-based construction management software provider offering a no-code platform engineered for the construction industry. The platform's primary feature is a no-code automation design specifically crafted to streamline business operations for construction companies. It is adaptable for businesses of all sizes, allowing customers to adjust and optimize their operations instead of using one-size-fits-all solutions. Ontraccr also focuses on helping businesses transition into digitization by consolidating multiple tools into a single, integrated solution. Led by CEO and co-founder Syed Ahmed, the company recently closed a $1.2M seed funding round. The company plans to use the funds to expand operations, enter additional industry segments, and push further into the US market.

Participated · Series A · Nov 2022

Tour24 offers a self-guided touring platform for multifamily owners and operators that delivers curated in-person, audio/visual tours with pre-recorded audio tied to specific locations. The product uses Bluetooth beacons to track which rooms prospects visit, integrates ID verification and access control with smart locks or conventional keys, and includes features such as Face ID, fingerprint login, Tour Now, and calendar integration. Tour24 also pushes prospects from the app to apply immediately after tours and provides analytics on tour performance to enable targeted follow-up. The solution integrates with property management and proptech platforms including Yardi, Entrata, RealPage, EliseAI, Brivo, Engrain, and Funnel. Founded in 2020 and based in Boston, the company currently serves 525,000 units across 2,065 multifamily properties in the U.S. With recent funding, Tour24 plans to continue product roadmap development, improve user experience, grow its team, and expand its presence across the U.S. multifamily market. Tour24 offers an award-winning mobile app that enables renters to take self-guided apartment tours and gives property management teams tools to manage those tours and integrate with existing tech stacks. The platform emphasizes easy access, custom interactive and audio/visual tour experiences, and consistent coverage when leasing offices are closed or staff are unavailable. Tour24 positions its product as a solution to optimize leasing resources and drive more traffic, tours and leases for multifamily communities. The company said the new funding will be used to extend its technology platform and to fuel sales and marketing as it accelerates growth in the multifamily industry. Financially, Tour24 completed a $5.5 million Series A extension following an initial $5.6 million investment earlier the same year, bringing its Series A funding to just over $11 million. Tour24 is privately held and based in Boston.

Participated · Seed · Sep 2022

Tongo is a NYC-based fintech realigning income and expenses for the commission economy. It partners with real estate brokerages to give agents flexible, real-time and low-cost access to future commission income through a card-based product. The Tongo Smart Card can be used wherever debit cards are accepted and funds can be pushed directly into an agent's checking account. Repayment occurs only when the agent collects a commission; if a contract falls through the borrower can defer repayment until their next commission. The company will use the $7M seed proceeds to expand product and team in its initial real-estate market. Fundraising to-date is $11 million.

Participated · Seed · Mar 2022

HELIXintel provides a platform that sources and organizes property and asset data at scale to enable insurers, property managers, energy companies, and vendors to make strategic, informed decisions. Its core product set centers on building management, predictive analytics, and equipment management tools. The company has expanded its presence nationwide and serves clients including the New York Schools Insurance Reciprocal and its 345 public K-12 Member Districts and BOCES. Ahead of its Series A, HELIXintel launched HELIXintel Savings Scout™, a service to help businesses identify and apply for rebates, grants, and tax credits; the service found over $240,000 in incentives for a school in the Eastchester Union Free School District. Led by CEO Jon DeWald, the company intends to use the Series A proceeds to expand its business reach. The company raised an undisclosed Series A led by National Grid Partners with participation from Munich Re Ventures, Stellifi, Motivate Ventures and others. HELIXintel is a Buffalo, NY–based platform that manages any type of equipment in the maintenance ecosystem. Led by CEO and co-founder Jon DeWald, the platform serves clients across the United States and supports real estate, manufacturing, hospitality, education, healthcare, agriculture and other industries. Its product offers streamlined facilities management processes, collaboration with suppliers and service providers, improved asset tracking, inventory utilization and uptime, and best practices in preventative maintenance. The company is currently partnered with companies across the United States. HELIXintel closed a $4M seed funding round and will use the capital to accelerate growth and expand nationwide. Investors in the round included Munich Re Ventures' HSB fund, Stellifi and Lab Ventures, with follow-on capital from Motivate Ventures and Green Egg Ventures.

Participated · Seed · Oct 2021

Expetitle is a Miami, Florida–based digital-first real estate title and closing company operating in multiple states. It uses proprietary technology to deliver a faster, more cost-efficient closing process. The company provides software and staff to increase transparency, communication, and accountability and employs title agents with decades of experience. Expetitle aims to help brokerages earn more, save time for realtors, and improve the experience for buyers and sellers. In September 2021 the company closed a $2.3M seed round. With the new capital, Expetitle plans to roll out its solution to new states and new partners across the country. Expetitle provides a secure collaborative platform and app that enables fully digital and hybrid closings, allowing buyers and sellers to track the entire closing process. The company partners with real-estate brokerages through joint-venture structures and has begun writing title policies in Florida this year. Fees for various closing services can run 20%–60% lower than traditional closings, according to examples on its website. After the coronavirus pandemic spurred demand for remote services, Expetitle’s revenue nearly tripled over four months and it reports a monthly run rate in the high tens of thousands. The seed funding will be used to fund sales and marketing and to improve the company’s technology. Expetitle was founded in January 2019 and was built in LAB Miami Ventures’ Startup Studio; the team is about 10 people with roughly five in South Florida. The company is focused on growing in Florida over the next year.