Boston – Suffolk Technologies, Suffolk’s built environment venture capital firm, has been named the number one most active construction tech VC investor, outpacing 15 of its competitors in the latest market research from global tech-focused investment bank AGC Partners.
Topping the AGC list of active investors between 2018 and 2022, Suffolk is credited with 21 investments, notably its $14 million 2019 investment in OpenSpace. Founded in 2019 – one year into the five-year data set reviewed by AGC research – Suffolk Technologies includes a broad network of over 2,000 startups, investors, trade partners and strategic partners.
“This ranking further validates Suffolk’s commitment to supporting built world innovation and our leadership in the venture capital landscape,” said John Fish, chairman and CEO of Suffolk. “Suffolk Technologies remains firmly rooted in Suffolk’s mission to connect high potential startups with industry resources to accelerate modernization and innovation in construction.”
The platform invests in early and growth-stage startups transforming the built world across real estate and development, architecture, engineering and construction, property management, and smart cities. Since 2019, it has backed companies across automation and robotics, supply chain marketplace, sustainability, financial technology, and smart building themes.
Suffolk Technologies’ BOOST program, an intense 6-week program to help promising startups develop digital solutions to address labor, supply chain, design, sustainability and automation goals, kicked off three years ago. Past cohorts of Suffolk Technologies’ BOOST program have collectively raised more than $325 million of venture funding after participating in the program.
