About Construct Capital
Construct Capital is a venture capital firm founded in 2020. It is primarily based out of Washington, DC, United States. As of Jun 2026, Construct Capital is an active investor, having invested in 38 companies, with 11 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Retail. Most recently it participated in the $***** Series A round of GrailPay Overall, Construct Capital portfolio has seen 3 unicorns and 2 acquisitions including key companies like Veho, Hadrian and Outgo. A lot of funds co-invest with Construct Capital, with names like Lux Capital sharing a substantial percentage of its portfolio. Construct Capital has team of 10 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 1 more
Portfolio Acquisitions
Portfolio Unicorns
Construct Capital's List of Top Investments
Construct Capital has a portfolio of 38 companies, including 3 unicorns. Their most notable investments are in Telegraph and Leoparda Electric.Their portfolio spans across United States, Brazil, Canada and 1 more locations. They have invested in Enterprise Applications, High Tech, Retail and 18 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of top investments by Construct Capital:1. ChargeLab
Provider of electric vehicle station management solution. It offers an OCPP-compliant software that manages, controls, and monetizes the EV charging stations. It also offers turnkey Level 2 and Level 3 EV charging infrastructures for offices, buildings, and homes.
Key facts about ChargeLab
- Founded Year: 2019
- Location: Toronto (Canada)
- Stage: Series A
- Total Funding till date: $30M
- Employee Count: 53 as on May 31, 2026
- Investors: Expansion Venture Capital, MaRS Discovery District and 10 Others
- Latest Funding Round: Series A, Apr 14, 2023, $*****
- Highlight: Editors' Pick
2. Veho
Veho provides AI-enabled last-mile delivery services for e-commerce companies. The company operates a network of crowdsourced drivers having their own vehicles to deliver packages. The company also uses proprietary software tools such as mobile apps for drivers & operational dashboards (with features such as route planning, e-POD, AI-enabled analytics, etc) for delivery managers.
Key facts about Veho
- Founded Year: 2016
- Location: Boulder (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $300M
- Employee Count: 1,028 as on May 31, 2026
- Investors: Notable Capital, Tiger Global Management and 14 Others
- Latest Funding Round: Series B, Feb 15, 2022, $*****
- Highlight: Editors' Pick
3. Hadrian
Builder of AI‑driven autonomous factories that manufacture precision components. It designs and operates software-defined precision factories that produce mission‑critical metal parts for rockets, satellites, jets, and other defense systems, aiming to deliver components faster and significantly cheaper than traditional suppliers. By tightly integrating advanced software, robotics, and full‑stack machining workflows, the company streamlines quoting, programming, machining, and inspection, giving customers real‑time visibility into production while tackling skilled‑labor bottlenecks and cutting lead times from months to weeks.
Key facts about Hadrian
- Founded Year: 2021
- Location: Los Angeles (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $730M
- Employee Count: 408 as on Mar 31, 2026
- Investors: T. Rowe Price, Bracket Capital and 29 Others
- Latest Funding Round: Series C, Dec 19, 2025, $*****
- Highlight: Editors' Pick
Provider of solutions for water quality monitoring. It provides artificial intelligence and IoT-based solutions to monitor water quality. Its sensor collects real-time data about water chemistry.
Key facts about H2Ok Innovations
- Founded Year: 2019
- Location: Providence (United States)
- Stage: Series A
- Total Funding till date: $19.2M
- Employee Count: 46 as on May 31, 2026
- Investors: Greycroft, Flybridge Capital Partners and 8 Others
- Latest Funding Round: Series A, Jan 16, 2025, $*****
- Highlight: Editors' Pick
Developer of artificial intelligence-enabled robotic systems for food production. These systems are designed to increase production volume and reduce food waste. The robots are equipped with artificial intelligence to handle food variability. The company offers robotics as a service, providing hardware, software, support, and updates. The robotic module is certified for food safety and cleanability.
Key facts about Chef Robotics
- Founded Year: 2019
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $43.1M
- Employee Count: 144 as on May 31, 2026
- Investors: AI List Capital, MaC Venture Capital and 20 Others
- Latest Funding Round: Series A, Mar 31, 2025, $*****
- Highlight: Editors' Pick
Construct Capital's Year-on-Year Investment Trends
Construct Capital has invested in 38 companies over the last 5 years, with an average of 7 new investments annually in the last 5 years. In 2025, it made 10 investments, while as of Jun 2026, it has made 11 investments in this year. Its most recent first time investment was in Podium Automation and most recent follow-on round was in GrailPay.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 8 | 3 | 11 |
2025 | 6 | 4 | 10 |
2024 | 5 | 3 | 8 |
2023 | 4 | 1 | 5 |
2022 | 6 | 4 | 10 |
2021 | 8 | 0 | 8 |
Construct Capital's Investments by Stage
Construct Capital has made 20 investments in Series A stage with an average round size of $30.5M, 13 investments in Seed stage with an average round size of $6.95M and 4 investments in Series B stage with an average round size of $158M.Stage of entry | No. of Investments |
|---|---|
Series A | 20 |
Seed | 13 |
Series B | 4 |
Note: We have considered here, only first round of investments
Construct Capital's Investments by Sector
Construct Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Industrial Goods and Manufacturing, High Tech, Vertical SaaS and Transportation and Logistics Tech. Notably, it has invested in 32 Tech companies, 29 Enterprise (B2B) companies, 25 Software companies and at least 11 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 21 |
Industrial Goods and Manufacturing | 12 |
High Tech | 10 |
Vertical SaaS | 8 |
Transportation and Logistics Tech | 7 |
Others | 53 |
Note: We have considered here, only first round of investments
Construct Capital's Investments by Geography
Construct Capital has made most investments in United States (32), followed by Brazil where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 32 |
Brazil | 2 |
Canada | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Construct Capital's recent investments
Construct Capital has made 11 investments in 2026 so far. GrailPay and Copia are the latest among them.Here are the most recent investments by Construct Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 25, 2026 | United States | Series A | 1159 | [+4] | |
Jun 16, 2026 | United States | Series C | 7100 | ||
Jun 15, 2026 | - | Series A | 2545 | [+3] | |
Jun 11, 2026 | United States | Series A | 9882 | [+6] | |
May 08, 2026 | United States | Series B | 1248 | [+4] |
Unicorns in Construct Capital's Portfolio
Construct Capital has 3 unicorns in its portfolio - Cowboy Space Corporation, Hadrian and Veho. The most recent unicorn in their portfolio is Cowboy Space Corporation. It became a unicorn in 2026.Here is a list of unicorns in Construct Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
37 | Company developing vertically integrated infrastructure to power and run AI compute in orbit | 2024 | San Carlos | Series B | rqdlkob | ||
65 | Builder of AI‑driven autonomous factories that manufacture precision components | 2021 | Los Angeles | Series C | lf{lzvs | ||
66 | AI-enable last-mile delivery services for e-commerce companies | 2016 | Boulder | Series B | vdvwt{y |
Acquired companies in Construct Capital's Portfolio
2 companies from Construct Capital's portfolio have been acquired. The most recent acquisition was The Rounds in May 2025 by Misfit for $*****.Here are Construct Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 30, 2025 | Oct 06, 2022 | Series A | 4968 | |
May 15, 2025 | 2023 | Series B | 9785 |
Team profile of Construct Capital
Construct Capital has a team of 10 members including 6 Partners located in United States. Construct Capital's team sits on the board of 1 company.Here is a list of all team members in Construct Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Washington, DC | |||
Partner | Washington, DC | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | - | - | |
Partner | United States | - | ||
Partner | San Francisco | - |
Co-investors of Construct Capital
Over the past 5 years, 224 investors have co-invested in Construct Capital's portfolio companies. This includes funds and angels.
- Invested before Construct Capital: Andreessen Horowitz, Techstars and 50 others have invested in rounds before Construct Capital. There are 4 companies where Andreessen Horowitz has invested before Construct Capital and 2 companies where Techstars has invested before Construct Capital.
- Top Co-investors of Construct Capital: 113 investors entered a company along with Construct Capital. These include investors like Lux Capital (4 companies).
- Invested after Construct Capital: A total of 59 investors have invested in Construct Capital's portfolio after their investments. Top Investors include King River (1 company), Third Sphere (1 company) and Maple VC (1 company).
Recent News related to Construct Capital
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GrailPay Raises $10.5 Million Series A Funding for Risk Decisioning InfrastructureFinancial IT•Jun 26, 2026•MissionOG, GrailPay, Counterpart Ventures, SSC Venture Partners and 3 others
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Copia Automation Secures $26 Million to Scale Industrial Code Resilience PlatformTipRanks•Jun 16, 2026•Copia, Aeventures, Squadra Ventures, AE Ventures and 5 others
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Podium Automation Raises $18M Series A to Modernize Industrial AutomationMann Publications•Jun 15, 2026•Podium Automation, Construct Capital, Sunflower Capital, Banter Capital and 9 others
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Endurance Energy Secures $54 Million to Harness Geothermal Power from Undersea VolcanoesSiliconAngle•Jun 11, 2026•Endurance Energy, Founders Fund, Construct Capital, Point72 Ventures and 5 others
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Endra Raises $50M in Series A FundingFinSMEs•Jun 02, 2026•Endra, Norrsken VC, Andreessen Horowitz, Podium Automation and 4 others
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OpenRouter Raises $113M in Series B FundingFinSMEs•May 26, 2026•OpenRouter, CapitalG, NVentures, Snowflake and 13 others
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Cowboy raises $275 million to build rockets with orbital data center upper stagesSpaceNews•May 11, 2026•Breakthrough Energy, Construct Capital, Blossom Capital, SAIC and 9 others
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Kibu Raises $10.5M in Seed FundingFinSMEs•May 01, 2026•Cubit Capital, Construct Capital, Helena, Slow Ventures and 1 other
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Nas.com Raises $27 Million In Series A Funding RoundSuperbCrew•Apr 19, 2026•Khosla Ventures, Nas, 500 Global, Factorial and 4 others
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BackOps Raises $26 Million to Expand AI Supply Chain PlatformVentureburn•Mar 13, 2026•BackOps AI, 10vc, Construct Capital, Gradient Ventures and 1 other
