WND Ventures

What WND Ventures does

WND Ventures is the corporate venture capital arm of DPR Construction, a top-10 ENR general contractor, focused exclusively on construction technology investments across the Architecture, Engineering, and Construction (AEC) industry. Founded circa 2020 (with investing activity traceable to the mid-2010s based on the decade-long Rhumbix relationship), the firm is headquartered in Redwood City, California, and operates with 11-50 employees. WND Ventures invests across five thematic verticals: productivity, quality, safety, supply chain, and sustainability. Its portfolio comprises 14 strategic investments, 3 incubated companies, and 4 limited partnership fund positions in built-world-focused VC firms (Blackhorn Ventures, Brick & Mortar Ventures, Building Ventures, Zacua Ventures).

The firm does not operate a traditional product business; its model is strategic equity deployment combined with field validation through DPR Construction's active jobsites. Portfolio companies span AI parametric scheduling (Alice Technologies, MeltPlan AI), robotics (Dusty Robotics, Hardhat Robotics), reality capture (DroneDeploy, Skycatch), procurement optimization (ConstructivIQ), prefabrication (Hyperframe, SurePods, Digital Building Components), and AI-powered workforce hiring (Skillit). Notable exits include Rhumbix, Pype, and BIM 360 Plan (acquired by Autodesk), Avvir (Hexagon AB), Indoor Reality (Hilti), Unseen AI (DroneDeploy), and Field BIM (ALLPLAN). Capital flows entirely from DPR Construction, making WND a wholly-owned corporate venture vehicle rather than an externally-funded fund.

WND Ventures' revenue model is not publicly disclosed and operates as an internal innovation function rather than a revenue-generating entity. Its competitive positioning derives from direct access to DPR's national construction footprint, which allows portfolio companies to deploy and validate solutions on live projects — a distribution advantage unavailable to most construction-tech investors. The firm was recognized as BuiltWorlds' Corporate Venture Capital Investor of the Year in April 2026 and operates alongside advisory board members drawn from DPR's leadership, McCarthy Building Companies' former COO, and Oaktree Capital Management's senior advisory ranks.

Name

WND Ventures

Legal name

WND Ventures

Website

https://wndventures.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

WND Ventures is the corporate venture capital arm of DPR Construction, investing in construction technology startups across productivity, quality, safety, supply chain, and sustainability verticals. The firm provides portfolio companies with field deployment access through DPR's national active jobsites.

Ownership category

akta.pro rank

Product category

Construction Technology Venture Capital

NAICS

Other Financial Vehicles (52599)

SIC

Services-Engineering Services (8711)

akta.pro primary industry

Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN)

akta.pro secondary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

• Construction venture capital
• AEC technology investing
• Construction tech startups
• Corporate venture capital
• Built environment innovation

Headquarters

HQ city

Redwood City

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Core offering

WND Ventures is the corporate venture capital arm of DPR Construction that makes strategic equity investments in construction technology startups across the AEC industry. It focuses on five investment verticals — productivity, quality, safety, supply chain, and sustainability — through three channels: direct strategic investments in 14 operating companies, incubation of 3 construction-tech ventures (Digital Building Components, VueOps, SurePods), and limited partnership positions in 4 built-world venture funds. Portfolio companies gain access to DPR Construction's active jobsites, field teams, and operational expertise for real-world product validation and adoption.

Product overview

WND Ventures is the venture capital arm of DPR Construction focused on strategic investments in the AEC (Architecture, Engineering, Construction) industry. The portfolio consists of strategic investments in 14 construction technology companies (Alice Technologies, ConstructivIQ, Dusty Robotics, DroneDeploy, Hardhat Robotics, Hyperframe, Join, Kope AI, Lairo AI, MeltPlan AI, Sitelink, Skillit, Skycatch, Trunk Tools), incubation investments in 3 companies (Digital Building Components, VueOps, SurePods), and limited partnership fund investments in 4 venture funds (Blackhorn Ventures, Brick & Mortar Ventures, Building Ventures, Zacua Ventures). The investment strategy focuses on five areas: Productivity, Quality, Safety, Supply Chain, and Sustainability. Notable recent activity includes equity investment in Skillit's AI-powered hiring platform partnership with DPR Construction and Suffolk Technologies.

Differentiator

Problem solved

Functional benefit

Products and services

• Strategic Equity Investment Program Direct minority equity investments in early- and growth-stage construction technology startups for AEC-industry founders and executive teams seeking capital and strategic partnership with DPR Construction.
• Construction Technology Incubation Program Internal incubation of construction technology companies spun out of or co-developed with DPR Construction, providing operational support, jobsite validation, and go-to-market infrastructure for new AEC ventures.
• Built-World Venture Fund LP Program Limited partnership commitments into third-party early-stage venture capital funds focused on the built environment, extending WND Ventures' reach across the AEC startup ecosystem (e.g., Blackhorn Ventures, Brick & Mortar Ventures, Building Ventures, Zacua Ventures).

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Scale indicators3 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Building Ventures: Boston-based early-stage VC investing in startups improving the built environment across design, build, operate, and experience. Directly comparable AEC sector specialist; WND is an LP in both Funds I and II.
• Brick & Mortar Ventures: San Francisco-based early-stage VC exclusively focused on technology for the built world. Directly comparable as a sector specialist; WND is also an LP in Brick & Mortar's Fund III.
• Zacua Ventures: Early-stage VC investing in the next generation of built-environment entrepreneurs. Directly comparable AEC-focused venture firm; WND is an LP in Fund II.
• Suffolk Technologies: The corporate venture arm of Suffolk Construction, a top-10 ENR general contractor. Most directly comparable peer: same AEC CVC model, same distribution-via-jobsite thesis, and an active co-investor with WND in Skillit.
• Blackhorn Ventures: Denver-based early-stage VC investing in systems that build, power, and move the world, with emphasis on AI-enabled industrial solutions. Directly comparable as an AEC-adjacent sector specialist; WND is an LP in Industrial Impact Fund III.

Emerging players

• Bessemer Venture Partners: Large multi-stage VC that co-invested alongside WND in MeltPlan's $10M seed round (March 2026). Not AEC-specialized but increasingly active in construction-AI deals, making it a relevant co-investor peer for syndication.

Regional players

• McCarthy Building Companies: Top ENR general contractor with internal innovation and venture activity; WND advisory board member Derek Glanvill is McCarthy's former COO. Comparable as a peer general contractor exploring construction-tech investment, though less formalized as a standalone CVC.

Broad incumbents

• Saint-Gobain Ventures: CVC arm of Saint-Gobain, a global building materials group. Comparable as a strategic corporate investor in construction-tech; relevant because WND's Investment Lead Ben Price previously held an investment role at Saint-Gobain.
• Cemex Ventures: Corporate venture arm of Cemex, a global building materials major. Comparable as a large strategic CVC investing in construction-tech and urban-solutions startups, though with a materials and cement-industry bias versus WND's general-contractor lens.
• Hilti Ventures: Strategic CVC arm of Hilti, the global construction tooling and technology firm. Comparable as a strategic investor in AEC startups (Hilti acquired Indoor Reality from WND's portfolio); broader portfolio across construction tooling, software, and robotics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries21 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments16 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about WND Ventures