Congratulations to Parspec on their $11.5M Seed Round! 🎉 Procurement in construction is notoriously inefficient. Parspec uses LLMs, cutting-edge NLP and computer vision models to streamline the selection and sale of construction products while reducing labor by more than 50% and improving compliance. As Parspec improves supply chain efficiency, we believe construction pricing (for all buildings, including affordable housing) and sustainable procurement will be positively impacted. Hometeam Ventures is thrilled to be a partner to Forest Flager, Pratyush Havelia and the talented team at Parspec as they tackle some of the industry's biggest challenges.
Hometeam Ventures
Venture Capital and Private Equity Principals
San Francisco, California 1,054 followers
Venture capital fund investing in early-stage construction tech startups.
About us
Construction innovation is a prerequisite to solving the global housing crisis. Hometeam Ventures invests $500K - $1M in early stage, double bottom line startups solving inefficiencies across the construction value chain.
- Website
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https://www.hometeam.vc/
External link for Hometeam Ventures
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 2-10 employees
- Headquarters
- San Francisco, California
- Type
- Partnership
- Founded
- 2020
Locations
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Primary
Get directions
355 Bryant St
San Francisco, California 94107, US
Employees at Hometeam Ventures
Updates
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Buildings are currently responsible for 39% of global energy related carbon emissions: 28% from operational emissions, from energy needed to heat, cool and power them, and the remaining 11% from materials and construction. (World Green Building Council) Learn more from Ecomedes and Saint-Gobain about how to make sustainable material procurement simple - this Thursday!
Dennis Wilson is joining Kathleen Egan from ecomedes this month for Operationalizing Sustainability: How ecomedes Drives Action in Material Purchasing with Saint-Gobain When: February 22 at 12:00 Eastern / 9:00 Pacific Register 👉 https://lnkd.in/gRrb7X4z
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We invest in construction technology because the industry is ready (and already undergoing) a long overdue digital transformation that can scale equity. Learn more about Hometeam Ventures and Managing Partner Alexandria Lafci in Fast Company. Thank you Adele Peters for the thoughtful coverage. https://lnkd.in/gDjBVHeK
Why this new VC fund is using drones and steel to tackle the housing crisis
fastcompany.com