LAB Ventures PropTech Fund

LAB Ventures invests in early-stage PropTech startups, often as the first institutional check. The PropTech Fund invests in all kinds of technology startups serving the real estate and construction industry, from early seed to Series A. When LAB Ventures invests, it gives not just capital but also its time and contacts: warm leads for commercial pilots, and later, introductions to investors for later stage capital raising. Its limited partners come mostly from real estate, and give portfolio companies an industry-insider network.

Key Benefits

• Initial investment typically in the range of $100K to $250K, usually as part of a larger round; LAB Ventures has invested as much as $1M in an individual company
• Warm leads for commercial pilots through a network of real estate industry investors
• Introductions to investors for later stage capital raising
• Deep domain expertise in the real estate industry
• Help to expand into the South Florida and/or international markets

Eligibility

• Technology startups serving the real estate and construction industries (PropTech), with a preference for software over hardware, recurring revenue, and enterprise over consumer
• Early-stage (seed, pre-seed) companies; LAB Ventures typically invests from early seed to Series A
• A commercially available product and some proof of product-market fit; there is no minimum revenue threshold
• Startups located anywhere in the world, although most investments are expected to be US-based, or at least serving the US market

Program Structure

• Venture investment, not a cohort program: submit a pitch deck at any time
• LAB Ventures is collaborative and often co-invests with other funds
• It seeks pro-rata rights and will often invest in multiple rounds as portfolio companies grow
• It is a purely financial investor, not a corporate VC