Suffolk Technologies
About
Suffolk Technologies is a Boston venture capital platform that invests in startups solving problems in the built environment. It backs founders building new technology for construction, architecture, engineering, real estate and infrastructure, offering capital along with resources and networks to help them grow and scale. The firm frames its mission as paving the way for a more productive and sustainable future in how buildings and infrastructure are designed, built and managed.
The portfolio is organized into themes. In fintech and insurance, holdings include Castle, a payment platform for homeowners; Constrafor, a construction procurement tool; Handle, which manages supplier payments, waivers and liens; Trayd, payroll and compliance software for specialty contractors; and TrustLayer, which automates insurance and license verification. A sustainability group backs companies that help developers and property managers cut waste and energy use, such as Emidat, which brings climate intelligence tools to construction.
What to Know
- It is affiliated with Suffolk, the national construction company.
- Trunk Tools, which builds tools for the deskless workforce, is in the portfolio.
- Flex, a finance app for business owners, is another portfolio company.
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