DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Building Ventures, LLC
Building Ventures, LLC
Building Ventures is a venture capital firm based in Boston, MA. We partner with Built Environment entrepreneurs and early-stage startups.
venture manager, reported GAV $149M across 2 vehicles
Importance
28
moderate
Active deployment
30
moderate
Emerging
0
low
Completeness
63
high
Freshness
100
high
Research priority
13
low
Identity and regulatory footprint
- Headquarters
- Boston, MAadviserinfo.sec.gov
- Office address
- 121 EAST BERKELEY STREET, FLOOR 2, Boston, MA, 02118adviserinfo.sec.gov
- Business phone
- 617-299-1755adviserinfo.sec.gov
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Jan 30, 2026
- Private funds reported
- 2 (2 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $149Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 617-299-1755adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
44 observed deals
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- boston
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 93%Other Technology 5%Other Energy 2%
lead rate n/afollow-on rate n/anew logos, 12 months 44
Funds and vehicles
2 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Building Ventures Fund II, LP | Fund | 2021 form d first sale | Mature | $95.6M Jan 10, 2024 | 53 | $71.0M of $100M | Jan 6, 2022 |
| Built Environment Innovation Fund, LP | Fund | unknown | Unknown | $53.5M Jan 10, 2024 | 52 | unknown | unknown |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
2 current, 0 departed
Jesse F. Devitte
PartnerMember And Managing Director · since Nov 1, 2018
Travis Devlin Connors
PartnerMember And Managing Director · since Nov 1, 2018
Investments on record
44 edges, 44 companies, 0 partner-attributed
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
26 relationships from shared deals, counted for the whole firm
Powerhouse Ventures 2 shared · recurringIlluminate Financial 1 shared · one timeTDK Ventures Inc. 1 shared · one timeRadical Ventures 1 shared · one timeSuffolk Technologies Fund Management, L.L.C. 1 shared · one timeInnovation Endeavors: Reimagining the technical frontier 1 shared · one timeLeap Forward Ventures, LLC 1 shared · one timeNXP Management LLC 1 shared · one timeAz-Vc, LLC 1 shared · one timeCollaborative Fund Management LLC 1 shared · one timeAlkeon Capital Management, LLC 1 shared · one timeClearsky Advisors LLC 1 shared · one timeBrick & Mortar Ventures Management, LLC 1 shared · one timeTarget Global Selected Opportunities LP 1 shared · one timeE14 Management, LLC 1 shared · one timeSeedcamp Investment Management LLP 1 shared · one timeMenlo Ventures 1 shared · one timePioneer Square Investment Advisor, LLC 1 shared · one timePascal Capital, L.L.C. 1 shared · one timeClimactic Management, LLC 1 shared · one timeThe Venture Collective LLC 1 shared · one timeMMC Ventures Limited 1 shared · one timeDorm Room Fund 1 shared · one timeIconiq Capital, LLC 1 shared · one timeGreat Oaks Management Company LLC 1 shared · one timeRetv Management, LLC 1 shared · one time
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
4 dated events
- Sep 16, 2026Boston Web Design no longer listed on Building Ventures, LLC's portfolio pageRemoved from portfolio pagePortfolioInferenceBoston Web DesignVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Fund no longer listed on Building Ventures, LLC's portfolio pageRemoved from portfolio pagePortfolioInferenceFundVenture organization websites (about, team, portfolio, thesis, news pages)
- Feb 7, 2022Building Ventures Fund II, LP first reported on Form ADV by Building Ventures, LLC (Venture Capital Fund), GAV $64,200,000Fund first reported on Form ADVFundsFactBuilding Ventures Fund II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 10, 2019Building Ventures, L.P. first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 15, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $149M across 2 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $96M across 1 vehicles
Evidence
44 observations from 3 sources