Top 10 Real Estate and Construction Tech Capital Raises in the U.S. – June 1st-15th, 2025
Several interesting transactions closed in the Real Estate and Construction Tech sector over the past two weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.
Later Stage VC
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- Locate, retail site selection brokerage platform designed to help real estate businesses make site selection decisions, raised venture funding from Hat-trick Capital.
- Pallet (Construction and Engineering), portable shelter systems intended to address the homeless crisis quickly and at scale, raised $9.63 million of Series B venture funding.
- Can-Explore, engineering services intended to rethink the way to manage and maintain the inspection data of various infrastructures, raised $13 million of venture funding in a deal led by Investissement Québec.
- Handoff, mobile and web app designed to provide remodeling contractors a fast, accurate, and intuitive way to create construction cost estimates, raised $5.7 million through a combination of Series A5 and Series A6 venture funding in a deal led by Masco Ventures.
- Cove, one-stop-shop SaaS platform designed to consolidate tenant experience, operations, and key performance data into one system, raised venture funding from Lead Edge Capital.
Early Stage VC
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- Geodar, construction technology intended to reduce excavation accidents at the construction site, raised venture funding from AQC Capital.
Seed
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- Doculy, AI-based lease management software designed to streamline site selection and grants for housing, raised $1 million of seed funding in the form of convertible debt.
- RetroRate, real estate financing platform intended for helping realtors and their clients locate and evaluate homes with assumable loans, raised $2.2 million of seed funding in a deal led by Swiss Ventures Group.
- Shilo AI, AI-powered real estate platform intended to support agents and loan officers, raised $2.6 million through a combination of Seed-1, Seed-2, and Seed-3 funding in a deal led by AZ-VC.
- Shovels, national building permits and contractor’s directory platform designed to compile and analyze public records, raised $6.57 million of seed funding in a deal led by Base10 Partners.
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Axel Reijmers
Managing Director
Former Head of Corporate Finance M&A Americas for the Royal Bank of Scotland and ABN AMRO Bank, based in New York. Began his career at ABN AMRO Bank in Japan, and subsequently in The Netherlands in the Corporate Finance department. Was seconded to New York in 2006 to co-establish the ABN AMRO North America Corporate Finance M&A department and grew it by advising medium and large companies on domestic and cross-border mergers, acquisitions, capital raisings and capital structurings. Led the management buyout of RBS Bank Mexico and RBS Broker-Dealer Mexico in 2014 and spearheaded the subsequent growth of the bank as Head of Investment Banking & Corporate Development. During his tenure he supported companies with capital and financing solutions with a focus on companies in the US and Mexican energy infrastructure sector and fintech sector. Holds a master’s degree in economics from Groningen University, The Netherlands. Holds FINRA Series 7 and 63 licenses.
- Email: areijmers@castleplacement.com
- (C) (201) 747-4718
 Axel ReijmersManaging Director |
Please contact me if you have any questions or would like to discuss your capital raise:
Email: areijmers@castleplacement.com
(C) (201) 747-4718
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Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
