At a Glance
Construct Capital was founded in 2018 by Dayna Grayson and Rachel Holt, focusing exclusively on software companies that are transforming traditional physical industries. The firm targets startups that apply technology to modernize sectors like construction, manufacturing, logistics, and supply chain management. Grayson brings deep enterprise software experience from NEA, while Holt previously led expansion efforts at Uber. The fund typically writes seed and Series A checks, partnering with founders who understand both the technological opportunity and the operational complexities of physical industries. Construct Capital has built a reputation for identifying companies that digitize analog processes and create software solutions for industries that have been slow to adopt technology. Their portfolio companies often focus on improving efficiency, safety, and transparency in sectors that have traditionally relied on manual processes and legacy systems.
“Backs founders building software that powers the physical economy.”
Construct Capital primarily invests at the Seed, Series A stages. This means they focus on companies that are building their initial product and finding product-market fit.
Construct Capital is headquartered in San Francisco, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
Construct Capital focuses on investments in Enterprise, SaaS, Robotics, Climate. Their portfolio reflects deep expertise and networks within these sectors.
Construct Capital's typical investment check size ranges from $1M to $15M. Actual amounts may vary based on the stage, sector, and specific opportunity.
Construct Capital manages approximately $500M+ in assets under management (AUM) across their funds.