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§ Venture Capital · Miami, FL, USA
Miami-based VC fund and startup studio investing in and building early-stage PropTech and ConTech companies to transform real estate and.
LAB Ventures is a Miami-based VC fund and startup studio that invests in and builds early-stage PropTech and ConTech companies, aiming to transform real estate and construction. The firm operates a rolling fund, deploying capital with check sizes from $100,000 to $1.2 million into external investments and in-house studio builds. Its portfolio, which stood at 23 companies as of March 2024, includes ventures such as OnTraccr, Swiftlane, and Alfred. LAB Ventures also supports companies like Beycome, which recently closed a $2.5 million seed round, and Expetitle, which achieved an eight-figure exit. The organization provides capital, mentorship, and operational support to startups across the US, Latin America, Canada, and the UK. Formally established in 2017, LAB Ventures originated from The LAB Miami.
Key people at LAB Ventures.
LAB Ventures was founded in 2016 by Thomas Wenrich (CEO & Co-founder).
LAB Ventures is a Miami-based venture capital firm and startup studio focused on early-stage investments in PropTech (property technology) and ConTech (construction technology) startups. Their mission is to revolutionize the real estate and construction industries by partnering with startups and established companies to create and fund innovative digital businesses. LAB Ventures combines capital investment with hands-on operational support, leveraging deep industry expertise and a strong network within real estate and construction to accelerate growth and market penetration. Their portfolio includes over 30 companies, such as OnTraccr, Swiftlane, and Alfred, primarily in the U.S., with some presence in Canada and the UK[1][4][7].
Founded in 2016 or 2017 (sources vary slightly), LAB Ventures was established by a team led by CEO Thomas Wenrich and managing partners Eduardo Barco and Rafael Valdivia. The firm evolved from a startup studio model into a venture capital fund that not only invests but also builds companies from scratch in partnership with real estate and construction corporations. This evolution reflects their commitment to hands-on involvement and strategic collaboration to address real estate industry challenges like rental housing, home ownership, and co-living[1][3][4].
LAB Ventures rides the growing trend of digital transformation in real estate and construction, sectors traditionally slow to adopt technology. The timing is critical as demand rises for innovative solutions addressing inefficiencies in property management, construction processes, and real estate transactions. Market forces such as urbanization, sustainability concerns, and the need for smarter infrastructure amplify the relevance of PropTech and ConTech innovations. LAB Ventures influences the ecosystem by bridging startups with industry incumbents, fostering collaboration that accelerates adoption and drives sector-wide modernization[1][4][6].
Looking ahead, LAB Ventures is poised to deepen its impact by expanding its portfolio and continuing to build startups internally, capitalizing on emerging PropTech trends like IoT integration, data analytics, and sustainable construction technologies. As real estate and construction industries increasingly embrace digital solutions, LAB Ventures’ dual role as investor and builder positions it to remain a key catalyst for innovation. Their influence is likely to grow as they leverage their network and operational expertise to scale startups that address evolving market needs, potentially expanding geographically and into adjacent sectors within the built environment[1][4][7]. This trajectory ties back to their founding mission of revolutionizing real estate and construction through technology-driven entrepreneurship.
LAB Ventures has 5 tracked investments across 4 companies. The latest tracked deal is $1.2M Seed in OnTraccr in March 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 11, 2024 | OnTraccr | $1.2M Seed | — | Buildtech Ventures |
| Sep 1, 2022 | Tongo | $7.0M Seed | ZAK Schwarzman | Ferguson Ventures, Founder Collective, Montage Ventures, Pillar VC, Spark Capital, Carl Bass, Chase Gilbert, Jeff Seibert, Ralph Gootee, Scot Wingo, Wayne Chang, Elizabeth Street Ventures, Entrepreneurs Roundtable Accelerator, Good Friends, Launchpad Venture Group, DAN Sachar, RED Bike Capital |
| Mar 1, 2022 | HELIXintel | $4.0M Seed | — | Motivate Ventures, National Grid Partners, Alex Ferber, Green EGG Ventures, Timur Davis, Paolo Boero |
| Oct 5, 2021 | Expetitle | $2.3M Seed | Pedro Cabezon Marin | Patrick Dwyer, Shai Goldman, Luke Burns |
| Jul 30, 2020 | Expetitle | $850K Seed | Beagle Ventures | Arquitectonica Family Office, Caoba Capital |
Key people at LAB Ventures.
LAB Ventures was founded in 2016 by Thomas Wenrich (CEO & Co-founder).