Navitas Capital

We are thrilled to announce the closing of our third flagship venture capital fund, Fund III. We will continue to focus on providing foundational capital to world-class founding teams bringing innovative technologies and services to the real estate and construction industries. We will also continue to work closely with our network of leading limited partners, which include publicly traded REITs, real estate private equity firms and investment managers, Fortune 500 companies, homebuilders, endowments, and family offices. Congratulations to the entire Navitas team and all of our supporters on this milestone! Travis Putnam, Louis Schotsky, Michael Spies, Steve Swerdlow, Jim Pettit, Gary Dillabough, Amy Persohn, Jenny Song, Mike Heller, Madison Gesser, Leo Wing Read more about the fund and our strategic partners here: https://lnkd.in/gQ-m8XCy #venturecapital #proptech

I recorded a podcast! Have a listen to hear me talk about construction tech and AI, especially the Navitas Capital approach to investing in the space. We have a long track record in both AI and construction tech, including investing in companies like Matterport, Plangrid, Procore, OpenSpace and more. Thanks Bricks & Bytes team for having me!

For most of human history, the built world has been shaped by the location and movement of labor and other resources. In the AI era, the world will be shaped by the location and movement of electrons. This thesis underpins our recent investment in Paces. Read more below! James McWalter Charles Bai Diana S. Raanan Bar-Cohen Monica Black

Excited to share our lead investment in Paces $11M Series A! Energy, infrastructure and real estate are converging in the AI era, and all developers are increasingly concerned about energy capacity and interconnection. It's already been a joy working with James and Charles and we're looking forward to the next phase of their journey. 🚀 Suffolk Technologies MCJ Collective Resolute Ventures Y Combinator Climate Capital Soma Capital

Lincoln Property Company, a global real estate firm with a portfolio exceeding 510 million square feet and over $20 billion in assets, relies on Gridium’s software and services to keep tenant costs low and occupancy high. “Gridium helps us identify hidden inefficiencies and take immediate action, ensuring our buildings run efficiently," says Kathleen Morgan, CMCP, WELL AP, Assistant Property Manager in Dallas, TX. Read the full case study to learn how Gridium helps Lincoln's property managers in Texas manage energy costs and improve efficiency: https://hubs.la/Q02zSZYf0 #RealEstate #EnergyManagement #Innovation #Sustainability #Gridium

Congrats to Document Crunch on winning the AI Breakthrough Award a year after OpenAI won in 2023! Huge accomplishment Josh Levy and team! https://lnkd.in/geqGZ9R3

Pumped to continue to support Firmus and Shir A. along the journey to developing a true AI agent that automates the painstaking task of design review within construction https://lnkd.in/gq5C8G-x

We're excited to be a part of Field Materials' journey to digitize construction procurement, one of the most significant pain points in the industry! Congrats to Eldar Sadikov and the rest of the team on this milestone. https://lnkd.in/d8RH-Q57

We are super thankful to everyone who made Navitas Capital's RealAI event in Dallas this week a huge success! We hosted 75+ founders, investors, and industry operators to discuss artificial intelligence and its impact on the real asset sectors. We also touched on transformative themes such as the energy transition and the need for AI enabled underwriting tools in renewable energy development, iSaaS, automation in construction, and embodied AI (AI applied to robotics). We would like to thank all of our founders and speakers who contributed to a fantastic agenda: Minna Song @ EliseAI Jeevan Kalanithi OpenSpace Shir A. @ Firmus Josh Levy @ Document Crunch Rukevbe (Rukus) Esi, PMP @ AvalonBay Communities Michael Thole @ Flintco, LLC Shoutout to the entire Navitas team for their role in putting together this event: Mike Heller, Holly T., Travis Putnam, Louis Schotsky, Jenny Song, Chris Longman, Stephanie Metzler, Madison Gesser, Amy Persohn

We couldn't be more excited to partner with the Firmus team as they continue to build AI tools for pre-construction risk management. Congrats to Shir A. and the rest of the team on this milestone! https://lnkd.in/dAYYzhmC