JLL Spark Global Ventures
JLL Spark Global Ventures is the corporate venture capital arm of Jones Lang LaSalle (NYSE: JLL), investing JLL's balance-sheet capital in early-stage PropTech and ConTech startups. Founded in 2017 and headquartered in San Francisco, it has deployed over $445 million across 55+ portfolio companies and provides distribution access to JLL's global client network across 80+ countries.
- Company typePrivate
- Founded2017
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What JLL Spark Global Ventures does
JLL Spark Global Ventures is the corporate venture capital arm of Jones Lang LaSalle Incorporated (NYSE: JLL), founded in 2017 and headquartered at One Front Street, Floor 21, San Francisco. The firm invests JLL's balance-sheet capital in early-stage PropTech and ConTech startups building technology for the commercial real estate industry, including AI, IoT, smart buildings, construction tech, fintech, sustainability, and the future of work. As of 2026, JLL Spark has deployed more than $445 million across 55+ portfolio companies spanning construction documentation (OpenSpace), deal management (Dealpath), occupancy sensing (VergeSense), generative AI space planning (qbiq), AI-native CRE underwriting (Cadastral), leasing automation (EliseAI), smart building controls (Turntide), workplace amenities (Aunt Flow), and data-center power infrastructure (Aston Power).
The firm's core product is its investment fund, augmented by a dedicated Spark Growth Team that physically embeds within JLL's business lines (Leasing Advisory, Capital Markets, LaSalle Investment Management) to route portfolio companies into live client engagements, customer pilots, and reseller relationships across 80+ countries. In 2021 the firm expanded its build-side capability by launching Spark X, a related corporate venture studio that creates internal companies (Mesa, Caltana, Navable, Tangelo) targeting billion-dollar opportunities adjacent to JLL's core. JLL Spark's revenue model is venture capital returns from minority equity investments, supplemented by the strategic value delivered to its sole LP, JLL, which captures revenue when portfolio technology is deployed across JLL's $31.8 trillion-addressable real estate asset class. Distribution is channel-led through JLL's enterprise sales force, portfolio-company ecosystems, the bi-weekly Spark Notes newsletter, owned content (blog, videos, webinars), social channels (LinkedIn, X, Instagram), and earned media in commercial real estate trade outlets.
The team is led by Managing Partner Raj Singh and comprises Partners, Investment Principals, Growth Principals, and Investment Associates distributed across San Francisco, New York, Paris, EMEA, and Australia. The firm has no external limited partners, does not report standalone revenue, and operates as a wholly-owned strategic investment unit within JLL.
JLL Spark Global Ventures firmographics
Firmographics- Name
- JLL Spark Global Ventures
- Legal name
- Jones Lang LaSalle Incorporated
- Website
- https://spark.jllt.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- JLL Spark Global Ventures is the corporate venture capital arm of Jones Lang LaSalle (NYSE: JLL), investing JLL's balance-sheet capital in early-stage PropTech and ConTech startups. Founded in 2017 and headquartered in San Francisco, it has deployed over $445 million across 55+ portfolio companies and provides distribution access to JLL's global client network across 80+ countries.
- Ownership category
- akta.pro rank
JLL Spark Global Ventures industry classification
Industry- Product category
- Corporate Venture Capital
- NAICS
- Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
- akta.pro secondary industry
- Real Estate / PropTech Growth Equity (FSANACAH)
Keywords
Where JLL Spark Global Ventures is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
JLL Spark Global Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Venture Capital Returns: JLL Spark generates returns through equity investments in early-stage PropTech startups. The firm seeks both financial returns and strategic value by bringing innovative technologies to JLL and its clients.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
JLL Spark Global Ventures product offering
Product offeringCore offering
JLL Spark Global Ventures is the corporate venture capital arm of JLL (Jones Lang LaSalle) that invests in early-stage PropTech and ConTech startups driving innovation in the built world. The firm has invested more than $445 million across 55+ portfolio companies, providing capital, CRE industry expertise, go-to-market support through a dedicated Growth Team, and access to JLL's global client network across 80+ countries.
Product overview
JLL Spark Global Ventures operates as the corporate venture capital arm of JLL (Jones Lang LaSalle), a commercial real estate services firm. Rather than offering a single product, JLL Spark functions as an investment vehicle that provides funding, industry expertise, and go-to-market support to early-stage technology startups in the built world. The organization includes the main investment fund (55+ portfolio companies), the Spark Growth Team for portfolio support, Spark X venture studio for building solutions internally, and the Spark Notes newsletter. Portfolio companies offer diverse products including AI/computer vision (OpenSpace), occupancy sensing (VergeSense), AI space planning (qbiq), deal management (Dealpath), financial management (PROBIS, PRODA), and AI leasing assistants (EliseAI).
Differentiator
Problem solved
Functional benefit
Brands
- Spark X: Corporate venture studio that builds transformative solutions from the ground up, focused on solving big problems for JLL and creating billion-dollar companies.
Products and services
- JLL Spark Investment Fund
- JLL Spark Growth Team
- Spark X Corporate Venture Studio
Quantifiable outcome
- Portfolio companies gain access to JLL's 110,000+ employees and global client network across 80+ countries
- +1 more outcomes
Companies that use JLL Spark Global Ventures
Customer profileNamed customers7 records
Segments2 records
Ideal customer profiles2 records
JLL Spark Global Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability11 records
JLL Spark Global Ventures partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- JLL TechnologiescoreJLL Spark works closely with JLL Technologies (JLLT) to identify pain points within JLL and its clients, then matches them with portfolio company solutions. JLLT's data organization collaborated to identify generative AI technology for the Azara data platform.
- Spark XcoreSpark X is JLL's corporate venture studio that builds solutions from the ground up, adjacent to JLL Spark's investment approach. Founded in 2021, Spark X creates ventures like Mesa (vendor payments), Caltana (vendor management), Navable (employee co-investment), and Tangelo (employee onboarding).
Scale indicators5 records
Recent moves7 records
Expansion highlights8 records
JLL Spark Global Ventures competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
JLL Spark Global Ventures social profiles
Digital presenceJLL Spark Global Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
JLL Spark Global Ventures leadership team
Management profileNumber of profiles
Profiles13 records
JLL Spark Global Ventures subsidiaries and ownership
Company hierarchySubsidiaries1 record
JLL Spark Global Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
JLL Spark Global Ventures M&A and investment
M&A and investmentM&A
Investments7 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about JLL Spark Global Ventures
What does JLL Spark Global Ventures do?
JLL Spark Global Ventures is the corporate venture capital arm of JLL (Jones Lang LaSalle) that invests in early-stage PropTech and ConTech startups driving innovation in the built world. The firm has invested more than $445 million across 55+ portfolio companies, providing capital, CRE industry expertise, go-to-market support through a dedicated Growth Team, and access to JLL's global client network across 80+ countries.
Is JLL Spark Global Ventures a public or private company?
JLL Spark Global Ventures is a private company. It is classified as corporate owned and is currently operating.
When was JLL Spark Global Ventures founded?
JLL Spark Global Ventures was founded in 2017. It employs 11 to 50 people.
Where is JLL Spark Global Ventures based?
JLL Spark Global Ventures is headquartered in San Francisco, United States, in the North America region.
How does JLL Spark Global Ventures make money?
One revenue line is on record: venture Capital Returns.
Does JLL Spark Global Ventures have an API?
No public API is recorded for JLL Spark Global Ventures.
What industry is JLL Spark Global Ventures in?
JLL Spark Global Ventures's product category is Corporate Venture Capital. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B), with a secondary code of FSANACAH, Real Estate / PropTech Growth Equity. Its NAICS code is 523940 and its SIC code is 6282.