68 Ventures

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.

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

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

• Real estate development
• Master-planned communities
• Single-family lot development
• Commercial construction services
• Strategic investment partnerships

Headquarters

HQ city

Daphne

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. 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.
2. 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.
3. 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.
4. 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

Core 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

Named customers2 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and major.

• Legendary CompaniescoreStrategic or Co-development Partner · 1 January 2019Partnership 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. HortoncoreChannel Partner/ Reseller/ DistributorMajor 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 FoundationmajorStrategic or Co-development PartnerRelated 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

Direct 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

• Instagraminstagram.com/68ventures
• Facebookfacebook.com/68-Ventures
• LinkedInlinkedin.com/company/68-ventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about 68 Ventures