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Investment Firm
Overview
Suffolk Technologies is a venture capital platform funding the next generation of companies solving built environment challenges. To pave the way for a more productive and sustainable future, we deploy capital, resources, and networks to help daring founders grow and scale new technologies in construction, architecture, engineering, real estate, and infrastructure. Suffolk Technologies was recently recognized by AGC Partners as the #1 most active construction technology venture capital investor from 2018 to 2022. Led by Managing Partners Wan Li Zhu, Jit Kee Chin, and Puneet Mahajan, Suffolk Technologies invests in early and growth-stage startups transforming the built world across real estate and development, architecture, engineering and construction, property management, and smart cities. Leveraging Suffolk’s expertise and broad network of industry leaders, Suffolk Technologies partners with visionary founders to accelerate industry-wide adoption of breakthrough innovations ranging from pre-product to growth stages.
Highlights
2019
Financial Services
1-10
36
2
1
Early Stage Venture, Seed, Late Stage Venture
Accelerator, Venture Capital
Location
Boston, Massachusetts, United States, North America
Contact Information
Social
Profile Resume
Suffolk Technologies, established in 2019 and headquartered in United States, North America., specializes in Early Stage Venture, Seed, Late Stage Venture investments across Software, SaaS, Service Industry, Fleet Management, Construction, Financial Services, Venture Capital, Augmented Reality, Finance, Artificial Intelligence (AI). The organization boasts a portfolio of 35 investments, with an average round size of $23.4M and 1 successful exits. Their recent investments include EquipmentShare, Y Combinator, Paces, MCJ Collective, Resolute Ventures. The highest investment round they participated in was $92.0B. Among their most notable exits are EquipmentShare and Y Combinator. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
36
4
2
1
Investments
36
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Nov 16, 2023 | Ediphi | Cloud Computing | 6.5M |
Feb 06, 2024 | Handle | Software | null |
Feb 15, 2024 | Higharc | Software | 53.0M |
Jul 24, 2024 | Paces | Project Management | 11.0M |
Exits
1
Funding Timeline
36
0
1
Funding Rounds
36
Suffolk Technologies has raised 36 rounds. Their latest funding was raised on Jul 24, 2024 from a Series A - Paces round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Nov 16, 2023 | Seed Round - Ediphi | - | 6.5M | - |
Feb 06, 2024 | Venture Round - Handle | - | 0 | - |
Feb 15, 2024 | Series B - Higharc | - | 53.0M | - |
Jul 24, 2024 | Series A - Paces | - | 11.0M | - |
Investors
0
There is no funding round available on this profile
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
News
Jul 24, 2024
Business Wire - Suffolk Expands Florida Gulf Coast Footprint to Accommodate Significant Growth, Names Brian Stathers Project Executive for Sarasota
Funding Round
Jul 24, 2024
Paces raised $11000000 on 2024-07-24 in Series A
News
Jun 25, 2024
Business Wire - Suffolk Expands National Footprint With New Office in Herndon, Virginia, to Meet Growing Demand for Expertise in Mission Critical
News
May 20, 2024
Business Wire - Suffolk Promotes Industry Veteran Jim Stanley to Executive Vice President, Los Angeles Division Manager
News
Apr 18, 2024
Business Wire - Suffolk Hires Peter Gasparini as EVP of National Operations and Chris Mills as EVP of Business Development to Drive Operational Excellence and Accelerate Company Expansion
News
Mar 25, 2024
Yahoo Finance - Innovative Construction Payments Software Handle.com Secure Investments from Amex Ventures, Suffolk Technologies