68 Ventures
68 Ventures is a Daphne, Alabama-based private holding company that develops master-planned communities and single-family lots across the Northern Gulf Coast and North Carolina, deploys capital into strategic operating businesses, and operates eight integrated service subsidiaries spanning construction, pest control, plumbing, landscaping, and fuel distribution.
- Company typePrivate
- Founded2016
- HeadquartersDaphne, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What 68 Ventures does
68 Ventures is a Daphne, Alabama-based private holding company that operates two integrated lines of business: real estate development and strategic investment. Its Development division delivers master-planned communities, single-family residential lots, multifamily projects, and commercial sites across the Northern Gulf Coast, having developed more than 10,000 lots and constructed more than 3,400 homes since the predecessor entity was founded in 2008 (the holding company was formally established in 2016). Its Investment division deploys capital into operating businesses and adjacent asset classes, with disclosed cumulative capital deployment exceeding $1B and a portfolio of wholly-owned operating subsidiaries spanning horizontal construction (Trenchline Civil), general contracting (Crucible Construction), pest control (GoPest), exterior services (Aegis Exteriors), landscaping (Kent's Landscaping), plumbing (Southeast Plumbing), overhead doors (Mobile Bay Overhead Door), and fuel distribution (Vexxil Energy).
The company's underlying technology stack is conventional for the industry: GPS-controlled heavy equipment in Trenchline Civil for site work, project and investor management via JuniperSquare, and project-specific websites. There is no public-facing API, no AI/ML capability disclosed, and no SaaS product; the principal technical differentiation is execution discipline, entitlement expertise, and vertically integrated service delivery through the portfolio companies. Customers are primarily large national homebuilders (D.R. Horton being the anchor customer following its 2023 acquisition of Truland Homes) and institutional/operator co-investors.
The business model combines one-time lot and home sales (development revenue) with recurring professional-services revenue across the operating subsidiaries and transaction-based returns on strategic investments. Pricing is project-specific and not publicly disclosed. Geographic footprint spans Alabama, Florida, Mississippi, and North Carolina as of 2026 following the groundbreaking of the 483-lot Lyndon Oaks community in Raleigh, NC for D.R. Horton.
68 Ventures firmographics
Firmographics- Name
- 68 Ventures
- Legal name
- 68 Ventures, LLC
- Website
- https://68ventures.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- 68 Ventures is a Daphne, Alabama-based private holding company that develops master-planned communities and single-family lots across the Northern Gulf Coast and North Carolina, deploys capital into strategic operating businesses, and operates eight integrated service subsidiaries spanning construction, pest control, plumbing, landscaping, and fuel distribution.
- Ownership category
- akta.pro rank
68 Ventures industry classification
Industry- Product category
- Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117), Management of Companies and Enterprises (55)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Operative Builders (1531), Investors, Nec (6799)
- akta.pro primary industry
- Real Estate / PropTech Growth Equity (FSANACAH)
- akta.pro secondary industries
- Corporate Venture Studios & Incubators (Build/launch ventures) (FSANAHAC), Corporate Strategic Partnership & Ecosystem Investment Arms (FSANAHAF)
Keywords
Where 68 Ventures is headquartered
LocationHeadquarters
- HQ city
- Daphne
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
68 Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Real Estate Development: Development of master-planned communities, single-family lots, multifamily developments, and commercial projects across the Gulf Coast. Revenue generated through lot sales to homebuilders and individual buyers.
- Strategic Investments: Portfolio of strategic investments across various asset classes and operating businesses. Deploys capital alongside resources, relationships, and operational expertise to create win-win scenarios with partners.
- Construction Services: Full-service general contracting through Crucible Construction serving Gulf Coast markets with design-build services across commercial, industrial, multifamily, build-to-rent, medical, municipal, marina, and high-rise projects.
- Operating Companies: Portfolio companies including GoPest (pest control), Mobile Bay Overhead Door, Kent's Landscaping, Southeast Plumbing, Aegis Exteriors, and Vexxil Energy provide recurring service revenue streams.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
68 Ventures product offering
Product offeringCore offering
68 Ventures is a real estate development and investment company that develops master-planned communities, single-family residential lots, multifamily, commercial, and industrial projects along the Northern Gulf Coast, selling finished lots primarily to national homebuilders such as D.R. Horton. The company also deploys strategic equity capital into operating businesses and owns a portfolio of service companies (general contracting, civil construction, pest control, plumbing, landscaping, exteriors, overhead doors, fuel distribution) that execute and support its developments.
Product overview
68 Ventures is a real estate development and investment company operating as a platform of integrated services along the Northern Gulf Coast. The company operates through two core divisions: Real Estate Development (master-planned communities, single-family lots, multifamily projects) and Investment Ventures (strategic investments across asset classes). The portfolio includes over 50 named development projects and eight portfolio companies including Trenchline Civil, Vexxil Energy, Crucible Construction, Aegis Exteriors, GoPest, Mobile Bay Overhead Door, Kent's Landscaping, and Southeast Plumbing. The company has completed over 100 projects, developed over 10,000 lots, constructed more than 3,400 homes, deployed well over a billion dollars in capital, and successfully started, acquired, or exited over twenty operating companies.
Differentiator
Problem solved
Functional benefit
Brands
- Chasing Greatness: Annual leadership and entrepreneurship conference presented by 68 Ventures at the Mobile Convention Center, bringing together leaders forged through challenges to inspire and be challenged.
- 68 Ventures Bowl
- Ballin' on Belrose
Products and services
- Real Estate Development Development of master-planned communities, single-family residential lots, multifamily projects, and commercial projects along the Northern Gulf Coast; delivered to national homebuilders and home buyers. Includes entitlement, infrastructure, amenities, and lot finishing.
- Investment Ventures Strategic equity investments across asset classes and operating businesses, deploying capital alongside resources, relationships, and operational expertise to create win-win outcomes with operator partners.
- Stonebridge Master-planned community in Spanish Fort, AL, consisting of thousands of lots once fully developed, featuring multiple single-family and multi-family neighborhoods with pools, clubhouses, playgrounds, and athletic facilities.
- Firethorne Single-family residential development in Fairhope, AL consisting of 244 lots on 143 acres, featuring a pool, clubhouse, playground, tennis court, basketball court, and whiffle ball/kickball field.
- Aventura Single-family residential development in Gulf Shores, AL with 405 lots over 211 acres; features include a pool, clubhouse, playground, dog park, and shuffleboard court.
- Summer Salt Mixed-use development in Orange Beach, AL with 116 total lots; includes pool, clubhouse, putting green, and fire pit amenities with commercial lots adjacent to the highway.
- Crucible Construction Full-service general contractor providing design-build services across commercial, industrial, multifamily, build-to-rent, medical, municipal, marina, and high-rise projects along the Gulf Coast with an investment mindset.
- Trenchline Civil Horizontal construction company specializing in site development, excavation, grading, utilities installation, slipform concrete, and road construction across the Alabama Gulf Coast using GPS-controlled equipment.
- Vexxil Energy Energy distributor developing, owning, and operating convenience and retail fueling locations; distributing bulk transportation fuels, lubricants, and additives; providing total fuel management services across the Gulf Coast.
- Aegis Exteriors Exterior construction company offering fiber cement and vinyl siding installation for new construction, remodels, and repairs, serving areas from Mobile to Panama City.
- GoPest Pest control company providing inspection services, Sentricon termite systems, and mosquito control for residential and commercial customers across Alabama and the Florida Panhandle.
- Mobile Bay Overhead Door Sales and installation of commercial and industrial overhead door products across Mobile and Baldwin Counties.
- Kent's Landscaping Professional landscaping installation and maintenance services for residential and commercial clients from Mobile to Pensacola, with specialization in high-end residential and complex commercial installs.
- Southeast Plumbing Professional plumbing services serving Baldwin County and the Gulf Coast region for residential construction infrastructure, plumbing repair, and light commercial construction projects.
Quantifiable outcome
- Over 10,000 lots developed and 3,400+ homes built
- +2 more outcomes
Companies that use 68 Ventures
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles4 records
68 Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
68 Ventures partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and major.
- Legendary CompaniescorePartnership with Legendary Companies in September 2019 to acquire Waterway at Bon Secour marina development. Joint venture for premium marina and yacht club assets.
- D.R. HortoncoreMajor homebuilder customer and strategic partner. Acquired Truland Homes in 2023. Ongoing lot development projects including Lyndon Oaks (483 lots in Raleigh, NC) and multiple active communities. Builder at Stonebridge, Summer Salt, Moonraker, and other developments.
- Cox Family FoundationmajorRelated philanthropic entity supporting community giving. Donated $40 million in land to schools and municipalities; created Fallen Heroes Memorial at USS ALABAMA Battleship Memorial Park; constructed and gifted home to Under His Wings; sponsors Ballin' on Belrose event.
Scale indicators9 records
Recent moves10 records
Expansion highlights5 records
68 Ventures competitors and assessment
Company assessmentDirect peers
- The St. Joe Company: Florida-based master-planned community developer and land owner with broad vertical real estate operations across the Gulf Coast. Closest direct comp on geography (Florida Panhandle overlap), business model (own-account developer building master-planned communities and mixed-use), and scale of capital deployment.
- Forestar Group: D.R. Horton-controlled lot development company focused on residential land acquisition and development across the Sun Belt. Closely comparable single-family residential lot development model serving national homebuilders, operating in overlapping geographies including the Southeast.
- Five Point Holdings: Public master-planned community developer with large entitlements in California (Great Park Neighborhoods, Valencia). Comparable on master-planned community model and land-development-heavy business model, though California-focused rather than Gulf Coast.
- Howard Hughes Holdings: Public master-planned community operator developing large-scale, amenitized communities (The Woodlands, Summerlin, Bridgeland) with vertical operating businesses on-site. Comparable on master-planned community model, mixed-use development, and integrated ancillary services, though larger and more established.
Emerging players
- Landsea Homes: Public homebuilder with operations in Florida, the Carolinas, Arizona, Texas, and California. Comparable as a Sun Belt-focused homebuilder/lot developer with overlapping target geographies and demographic tailwinds.
- M/I Homes: Public homebuilder focused on move-up and luxury segments in the Midwest, Mid-Atlantic, Carolinas, Florida, and Texas. Comparable as a regional homebuilder operating in many of the same Southeast markets where 68 Ventures supplies lots.
Broad incumbents
- Toll Brothers: National luxury and move-up homebuilder operating across the Southeast and Mid-Atlantic. Relevant as one of the largest US homebuilders that 68 Ventures could sell master-planned community lots to at the high end of its product spectrum.
- Dream Finders Homes: Public homebuilder operating across the Southeast and Mid-Atlantic, including the Carolinas and Florida—directly overlapping 68 Ventures' development geographies. While 68 Ventures supplies finished lots and DR Horton absorbs them, Dream Finders represents the broader Sun Belt homebuilder market and is a comparable demand engine for land.
- Century Communities: Public homebuilder operating across the Sun Belt including Alabama, Florida, Carolinas. Overlapping geographies and customer base for finished lots, comparable as a buyer type for 68 Ventures' single-family lot product.
- D.R. Horton: Largest US homebuilder and 68 Ventures' most important lot customer (acquired Truland Homes in 2023, building in Lyndon Oaks and Stonebridge). While primarily a builder rather than developer, the relationship is so central that D.R. Horton is the dominant comparable demand signal for 68 Ventures' lot pipeline.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
68 Ventures social profiles
Digital presence68 Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
68 Ventures leadership team
Management profileNumber of profiles
Profiles16 records
68 Ventures subsidiaries and ownership
Company hierarchySubsidiaries8 records
68 Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
68 Ventures M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 68 Ventures
What does 68 Ventures do?
68 Ventures is a real estate development and investment company that develops master-planned communities, single-family residential lots, multifamily, commercial, and industrial projects along the Northern Gulf Coast, selling finished lots primarily to national homebuilders such as D.R. Horton. The company also deploys strategic equity capital into operating businesses and owns a portfolio of service companies (general contracting, civil construction, pest control, plumbing, landscaping, exteriors, overhead doors, fuel distribution) that execute and support its developments.
Is 68 Ventures a public or private company?
68 Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was 68 Ventures founded?
68 Ventures was founded in 2016. It employs 251 to 500 people.
Where is 68 Ventures based?
68 Ventures is headquartered in Daphne, United States, in the North America region.
How does 68 Ventures make money?
Four revenue lines are on record. Real Estate Development is the primary driver. The others are strategic Investments, construction Services and operating Companies.
Who are 68 Ventures's main competitors?
Direct peers on record are The St. Joe Company, Forestar Group, Five Point Holdings and Howard Hughes Holdings. Emerging players are Landsea Homes and M/I Homes. Broad incumbents are Toll Brothers, Dream Finders Homes, Century Communities and D.R. Horton.
Does 68 Ventures have an API?
No public API is recorded for 68 Ventures.
What industry is 68 Ventures in?
68 Ventures's product category is Real Estate Development. Its primary akta.pro industry code is FSANACAH, Real Estate / PropTech Growth Equity, with a secondary code of FSANAHAC, Corporate Venture Studios & Incubators (Build/launch ventures). Its NAICS code is 236117 and its SIC code is 6532.