About PI LABS
PI LABS is a venture capital firm founded in 2015. It is primarily based out of London, United Kingdom. As of Sep 2026, PI LABS is an active investor, having invested in 69 companies, with 5 new investments in the last 12 months. It primarily invests in Seed round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Real Estate and Construction Tech. Most recently it participated in the $***** Seed round of Veridue Overall, PI LABS portfolio has seen 7 acquisitions including key companies like Firmus, Vauban and Hubble. A lot of funds co-invest with PI LABS, with names like Y Combinator sharing a substantial percentage of its portfolio. PI LABS has team of 22 people including 13 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Deals in last 12 months
PI LABS's List of Top Investments
PI LABS has a portfolio of 69 companies. Their most notable investments are in Stockoss and CURE.Their portfolio spans across United Kingdom, United States, Germany and 14 more locations. They have invested in Enterprise Applications, High Tech, Real Estate and Construction Tech and 18 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by PI LABS:
1. Plentific
Developer of software for property maintenance and contractor management operations. This platform facilitates the coordination of work orders, inspections, and maintenance tasks between property owners and service providers. It includes tools for managing supply chains, tracking project progress, and handling invoicing processes. The system integrates with existing digital infrastructure to support the administration of residential and commercial assets. Functionality includes reporting, analytics, and compliance management to assist in the oversight of property operations.
Key facts about Plentific
- Founded Year: 2013
- Location: London (United Kingdom)
- Annual Revenue: £10M - £50M as on Dec 31, 2023
- Stage: Series C
- Total Funding till date: $136M
- Employee Count: 141 as on Sep 30, 2026
- Investors: Highland Europe, Mubadala and 34 Others
- Latest Funding Round: Series C, Aug 24, 2021, $*****
- Highlight: Editors' Pick
2. Airmo
Provider of methane emissions monitoring for regulatory compliance and leak detection. The company offers services for leak detection and repair, and regulatory frameworks. It provides site-level measurements and automated reporting to meet regulatory goals. The company utilizes sensors for methane emissions monitoring and offers data-driven insights.
Key facts about Airmo
- Founded Year: 2022
- Location: Munich (Germany)
- Stage: Seed
- Total Funding till date: $11.6M
- Employee Count: 40 as on Sep 30, 2026
- Investors: Seraphim, kopa ventures and 10 Others
- Latest Funding Round: Seed, Mar 12, 2026, $*****
- Highlight: Editors' Pick
3. Firmus
Provider of AI and cloud-based solutions for analyzing construction designs. Its platform enables users to run 3D designs and detect potential risks and errors. It leverages AI and identifies issues based on project data.
Key facts about Firmus
- Founded Year: 2019
- Location: Herzliya (Israel)
- Stage: Acquired
- Total Funding till date: $150K
- Employee Count: 38 as on Sep 30, 2026
- Investors: Navitas Capital, Navitas Capital and 7 Others
- Latest Funding Round: Seed, May 15, 2024, $*****
- Highlight: Acquired
4. VerbaFlo
Developer of conversational artificial intelligence software for real estate operations. This technology automates communication across voice, email, text, and web chat channels. The system manages lead qualification, scheduling, resident support, and payment reminders by integrating with existing management platforms. It processes inquiries to provide responses based on defined operational policies and workflows. The software facilitates automated interactions throughout the leasing and management lifecycle to assist with task handling and information routing.
Key facts about VerbaFlo
- Founded Year: 2024
- Location: St Albans (United Kingdom)
- Stage: Seed
- Total Funding till date: $9.5M
- Employee Count: 65 as on Sep 30, 2026
- Investors: PI LABS, Old College Capital and 3 Others
- Latest Funding Round: Seed, Mar 17, 2026, $*****
- Highlight: Editors' Pick
5. CONXAI
CONXAI is a provider of AI-powered analytics solutions for construction projects. This platform applies AI-based fusion of transactional, sensor, and historical project data, and different forms of knowledge to analyze and interpret those to provide prescriptive insights which are required for construction use cases.
Key facts about CONXAI
PI LABS's Year-on-Year Investment Trends
PI LABS has invested in 69 companies over the last 11 years, with an average of 5 new investments annually in the last 10 years. In 2025, it made 7 investments, while as of Sep 2026, it has made 7 investments in this year. Its most recent first time investment was in Veridue and most recent follow-on round was in CONXAI.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 2 | 7 |
2025 | 5 | 2 | 7 |
2024 | 4 | 2 | 6 |
2023 | 7 | 2 | 9 |
2022 | 12 | 1 | 13 |
2021 | 8 | 2 | 10 |
2020 | 2 | 0 | 2 |
2019 | 4 | 0 | 4 |
2018 | 1 | 1 | 2 |
2017 | 4 | 1 | 5 |
PI LABS's Investments by Stage
PI LABS has made 44 investments in Seed stage with an average round size of $2.66M and 11 investments in Series A stage with an average round size of $5.96M.Stage of entry | No. of Investments |
|---|---|
Seed | 44 |
Series A | 11 |
Note: We have considered here, only first round of investments
PI LABS's Investments by Sector
PI LABS has a diverse portfolio, with companies operating in the Enterprise Applications, Real Estate and Construction Tech, Vertical SaaS, High Tech and Consumer. Notably, it has invested in 64 Tech companies, 56 Enterprise (B2B) companies, 51 Software companies and at least 33 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 38 |
Real Estate and Construction Tech | 27 |
Vertical SaaS | 21 |
High Tech | 13 |
Consumer | 12 |
Others | 66 |
Note: We have considered here, only first round of investments
PI LABS's Investments by Geography
PI LABS has made most investments in United Kingdom (26), followed by United States where it has made 7 investments.Country | No. of Investments |
|---|---|
United Kingdom | 26 |
United States | 7 |
Germany | 5 |
Israel | 4 |
Austria | 2 |
Others | 12 |
Note: We have considered here, only first round of investments
PI LABS's recent investments
PI LABS has made 7 investments in 2026 so far. Veridue and companion.energy are the latest among them.Here are the most recent investments by PI LABS:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 08, 2026 | United Kingdom | Seed | 3001 | [+3] | |
Jun 08, 2026 | Belgium | Seed | 7913 | [+1] | |
Apr 07, 2026 | Germany | Series A | 5278 | ||
Mar 17, 2026 | United Kingdom | Seed | 7775 | [+3] | |
Mar 12, 2026 | Germany | Seed | 6283 |
Acquired companies in PI LABS's Portfolio
7 companies from PI LABS's portfolio have been acquired. The most recent acquisition was Firmus in Sep 2025 by Nemetschek Group for $*****.Here are PI LABS's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 04, 2025 | May 15, 2024 | Seed | 6898 | |
Jan 15, 2025 | Jul 06, 2021 | Series A | 3008 | |
May 21, 2024 | - | - | 9771 | |
Jan 19, 2024 | Apr 03, 2017 | Seed | 5009 | |
Jul 01, 2022 | Nov 27, 2020 | Seed | 7824 |
Team profile of PI LABS
PI LABS has a team of 22 members including 13 Partners and 4 Principals located in United Kingdom, United States and 1 more location. PI LABS's team does not sit on the board of any company as of now.Here is a list of top team members in PI LABS:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | United Kingdom | |||
Partner | London | - | - | |
Partner | Abu Dhabi | - | - | |
Partner | London | - | ||
Partner | United Kingdom | - | ||
Partner | London | - | - | |
Partner | London | - | ||
Partner | Miami | - | ||
Partner | London | - | ||
Partner | New York | - | - | |
Partner | London | - | - |
Co-investors of PI LABS
Over the past 11 years, 282 investors have co-invested in PI LABS's portfolio companies. This includes funds and angels.
- Invested before PI LABS: Europa, Antler and 67 others have invested in rounds before PI LABS. There are 3 companies where Europa has invested before PI LABS and 1 company where Antler has invested before PI LABS.
- Top Co-investors of PI LABS: 142 investors entered a company along with PI LABS. These include investors like Y Combinator (3 companies).
- Invested after PI LABS: A total of 71 investors have invested in PI LABS's portfolio after their investments. Top Investors include Unconventional Ventures (2 companies), A/O PropTech (1 company) and Target Global (1 company).
Recent News related to PI LABS
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Companion.energy Raises €7.8 Million Seed Funding to Optimize Enterprise Energy ManagementEU-Startups•Jun 08, 2026•companion.energy, Realyze Ventures, PI LABS, Pi-labs
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Conxai Raises $5.8M in Series A FundingFinSMEs•Apr 14, 2026•Noa, Zacua Ventures, PI LABS, CONXAI and 4 others
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Airmo Raises €5M Seed FundingFinSMEs•Apr 13, 2026•Hypernova, kopa ventures, Desai Ventures, PI LABS and 6 others
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VerbaFlo Raises $7M in Seed FundingFinSMEs•Mar 18, 2026•VerbaFlo, Navigate Ventures, Pi-labs, PI LABS and 3 others
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Elyos AI raises USD $13m to scale trade service agentsIT Brief UK•Jan 19, 2026•Elyos AI, PI LABS, Y Combinator, Blackbird Ventures and 1 other
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London’s Cyb3r Operations raises €4.6 million led by Octopus Ventures to tackle third-party cyber riskBebeez•Jan 15, 2026•PI LABS, CYB3R OPERATIONS, Octopus Ventures, ESA and 4 others
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Deepgram Raises $130M Series C to Boost Voice AI and Acquire YC CompanyBitcoin Ethereum News•Jan 13, 2026•Deepgram, AVP, Princeville Capital, Twilio and 36 others
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Maharashtra Government’s MARVEL selects pi-labs as specialist AI partner for law enforcement solutionsExpress Computer•Jan 12, 2026•PI LABS, Marvel Entertainment
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RIIICO Secures $5M Seed Round to Modernize Industrial ProductionStartup Rise EU•Jun 12, 2025•RIIICO, PI LABS, Earlybird, WaVe-X and 1 other
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Swedish Construction Startup Alrik Secures €7M in FundingEurope-Re•May 28, 2025•Alrik, People Ventures, PI LABS
