Era Ventures, a pioneering venture capital firm focused on investing in a broad range of business model innovations to catalyze positive change in the built world, has launched an $88 million venture fund aimed at driving innovation in the real estate and construction sectors, focusing on proptech applications using SaaS, AI, embedded fintech, and complex tech. Founded by Clelia Warburg Peters, Era Ventures aims to address inefficiencies in the $380 trillion global real estate industry, which has long resisted technological disruption. The firm has already invested in a diverse portfolio of startups across multiple stages, seeking to reimagine how physical assets are built, managed, and optimized.

Era Ventures Aims to Drive Fundamental Transformation in the Built Environment with Initial $88M Fund