Alate Partners

ActiveVenture Capital

Updated: Feb 17, 2026 ·

About

Alate Partners is an early-stage venture capital fund focused on real estate technology, investing in courageous founders and transformational technology to change the built world.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Apr 1, 2025	ALT Sports Data	$5.0M Seed	—	Motley Fool Ventures, Relay Ventures, Sharp Alpha Advisors, Roger Ehrenberg
Mar 1, 2025	Ownright	$3.0M Seed	—	OMERS Ventures
Mar 1, 2025	Uniti AI	$4.0M Seed	—	Muchmore Ventures, Springdale Ventures, Andrew Gluck, Jonathan Wasserstrum
Apr 1, 2024	Eirene	$3.0M Seed	—	Jana Messerschmidt, Craft Ventures, CRV, Goat Capital, Goldcrest Capital, Greycroft, Index Ventures, M13, MATH Venture Partners, Relay Ventures, Sequoia Capital, Spark Capital, Tusk Venture Partners, Hiro Tamura, Ning Sung, Steve Salis, Travis Vanderzanden
Jan 1, 2024	Echo Labs	$8.0M Seed	—	Accel, Alpine Ventures, Angel Operator Partners (aop), Jana Messerschmidt, Basis Set Ventures, C2 Investment, Craft Ventures, CRV, Goat Capital, Goldcrest Capital, Greycroft, Index Ventures, M13, Madrona Ventures, MATH Venture Partners, Relay Ventures, RPM Ventures, Sequoia Capital, Spark Capital, Transpose platform, Tusk Venture Partners, Don Dodge, Hiro Tamura, Jett McCandless, John Collison, Ning Sung, Nkechi Iregbulem, Steve Salis, Travis Vanderzanden, Tuff Yen
May 1, 2023	Nature Coatings	$2.0M Seed	—	Braemar Energy Ventures, Camber Creek, Canvas Ventures, ENIAC Ventures, Fifth Wall, Maven Ventures, Plug & Play Ventures, Spark Capital, The 22 Capital Group, James Beshara, John Melas-Kyriazi, Leonardo DiCaprio, Troy Billett
Feb 1, 2022	Occupier	$11.0M Series A	—	OMERS Ventures
Dec 1, 2021	Infarm	$200.0M Series D	—	Jana Messerschmidt, Craft Ventures, CRV, Goat Capital, Goldcrest Capital, Greycroft, Hanaco Ventures, Index Ventures, M13, MATH Venture Partners, OurCrowd, Relay Ventures, Sequoia Capital, Spark Capital, Tusk Venture Partners, Ning Sung, Noah Pickholtz, Steve Salis, Travis Vanderzanden
Dec 1, 2021	Monsters Aliens Robots Zombies	$5.0M Series A	—	Gutter Capital, Relay Ventures
Nov 1, 2021	Pepper	$16.0M Series A	—	9Yards Capital, American Express Ventures, Amplify.LA, Jana Messerschmidt, Better Tomorrow Ventures, Craft Ventures, CRV, Foundation Capital, Goat Capital, Goldcrest Capital, Greycroft, Index Ventures, M13, MATH Venture Partners, Relay Ventures, Sequoia Capital, Spark Capital, Sweet Capital, TenOneTen Ventures, Tiger Global Management, Tusk Venture Partners, Valia Ventures, Alex Pattis, Hiro Tamura, Ning Sung, Steve Salis, Travis Vanderzanden
May 1, 2021	Tilled	$11.0M Series A	—	Braemar Energy Ventures, Camber Creek, Canvas Ventures, ENIAC Ventures, Fifth Wall, Plug & Play Ventures, James Beshara, Troy Billett
May 1, 2021	Pepper	$12.0M Series A	—	Jana Messerschmidt, Craft Ventures, CRV, Goat Capital, Goldcrest Capital, Greycroft, Index Ventures, M13, MATH Venture Partners, Relay Ventures, Sequoia Capital, Spark Capital, Tusk Venture Partners, Hiro Tamura, Ning Sung, Steve Salis, Travis Vanderzanden
Apr 1, 2021	Pendulum Therapeutics	$54.0M Series C	—	Jana Messerschmidt, Arrive, Benchmark, Craft Ventures, CRV, Jenny Fielding, Scott Hartley, Goat Capital, Goldcrest Capital, Greycroft, Index Ventures, Lightspeed Venture Partners, M13, MATH Venture Partners, Mayfield, Meritech Capital Partners, Relay Ventures, Sequoia Capital, Spark Capital, Thrive Capital, TQ Ventures, True Ventures, Tusk Venture Partners, Venrock, Volition Capital, Hannah Bronfman, Hiro Tamura, Ning Sung, Steve Salis, Travis Vanderzanden
Mar 1, 2021	Occupier	$5.0M Seed	—	Jana Messerschmidt, Craft Ventures, CRV, Goat Capital, Goldcrest Capital, Greycroft, Index Ventures, M13, MATH Venture Partners, Relay Ventures, Sequoia Capital, Spark Capital, Tusk Venture Partners, Hiro Tamura, Ning Sung, Steve Salis, Travis Vanderzanden
Mar 1, 2021	Infarm	$100.0M Venture Round	—	Jana Messerschmidt, Craft Ventures, CRV, Goat Capital, Goldcrest Capital, Greycroft, Hanaco Ventures, Index Ventures, M13, MATH Venture Partners, OurCrowd, Relay Ventures, Sequoia Capital, Spark Capital, Tusk Venture Partners, Ning Sung, Noah Pickholtz, Steve Salis, Travis Vanderzanden
Mar 1, 2021	Axis Security	$51.0M Series C	—	Jana Messerschmidt, Canaan Partners, CapitalG, Craft Ventures, CRV, Cyberstarts VC, Goat Capital, Goldcrest Capital, Greycroft, Index Ventures, M13, MATH Venture Partners, Octopus Ventures, Paradigm, Relay Ventures, Ribbit Capital, Sequoia Capital, SixThirty, Spark Capital, Storm Ventures, Ten Eleven Ventures, Trinity Ventures, Tusk Venture Partners, Verified Capital, WestWave Capital, Ameet Patel, Hiro Tamura, Ning Sung, Oded Hermoni, Rob Theis, Steve Salis, Travis Vanderzanden
Nov 1, 2020	Doorbell Health	$3.0M Seed	—	14Peaks Capital, 2150, Afore Capital, Alt Capital, Jana Messerschmidt, Antiportfolio Ventures, Better Tomorrow Ventures, Bling Capital, Buckley Ventures, byFounders, Casa Verde Capital, Craft Ventures, CRV, Divergent Capital, Expa, Founders Fund, Fuel Capital, Goat Capital, Goldcrest Capital, Greycroft, Hanabi Capital, Index Ventures, Insight Partners, Iterative, Lightbank, Locus Ventures, Long Journey Ventures, M13, MATH Venture Partners, MetaProp Ventures, QED Investors, Rackhouse Venture Capital, Relay Ventures, S28 Capital, Saga, Sequoia Capital, ShareBear Capital, SNR, Spark Capital, Starship Ventures, Tusk Venture Partners, Weekend Fund, Adam Guild, Ali Moiz, Ameet Ranadive, Balaji Srinivasan, Bobby Goodlatte, Chris Larsen, Chris Smoak, Dylan Field, Hiro Tamura, Leah Busque, Ning Sung, Sam Altman, Scott Banister, Shane Curran, Steve Salis, Travis Vanderzanden, Yishan Wong
Sep 1, 2020	Infarm	$170.0M Series C	—	Jana Messerschmidt, Craft Ventures, CRV, Goat Capital, Goldcrest Capital, Greycroft, Hanaco Ventures, Index Ventures, M13, MATH Venture Partners, OurCrowd, Relay Ventures, Sequoia Capital, Spark Capital, Tusk Venture Partners, Ning Sung, Noah Pickholtz, Steve Salis, Travis Vanderzanden
Sep 1, 2020	Alloy	$40.0M Series B	—	9Yards Capital, Atlassian Ventures, Audacious Ventures, Avid Ventures, Bain Capital Ventures, Bessemer Venture Partners, Boldstart Ventures, Bond, Braemar Energy Ventures, Camber Creek, Canvas Ventures, Citi Ventures, ENIAC Ventures, Felicis Ventures, Fifth Wall, Fika Ventures, First Round Capital, F-Prime Capital Partners, General Catalyst, Golden Ventures, Hack VC, Moonfire Ventures, Mucker Capital, Next47, Partech Ventures, Plug & Play Ventures, Primary Venture Partners, Sapphire Ventures, Seedcamp, Sequoia Capital, Stellar Capital, Techstars, Theory Ventures, Thomson Reuters Ventures, Uncork Capital, Azeem Azhar, Freddy Macnamara, James Beshara, Mandeep Singh, Mike Hudack, Oscar Pierre, Tim Sadler, Tom Blomfield, Troy Billett
May 1, 2020	Doma	$120.0M Series C	—	Kevin Hartz, Braemar Energy Ventures, Camber Creek, Canvas Ventures, ENIAC Ventures, Fifth Wall, Foundation Capital, Graph Ventures, NFX, Plug & Play Ventures, Red Swan Ventures, Sapphire Ventures, SignalFire, Tekton Ventures, Tencent Games, Charlie Songhurst, Gokul Rajaram, James Beshara, Javier Olivan, Troy Billett
Mar 1, 2020	Fritz AI	$5.0M Seed	—	Jana Messerschmidt, Braemar Energy Ventures, Camber Creek, Canvas Ventures, Dragonfly Capital Partners, ENIAC Ventures, Fifth Wall, Founders' Co-op, Friále, Hack VC, Andreas Haug, Immeasurable, Khosla Ventures, KRM Interests LLC, Lightbank, London Venture Partners, NFX, Norrsken VC, Nyca Partners, Plug & Play Ventures, Precursor Ventures, Presight Capital, Red Swan Ventures, Renegade Partners, RRE Ventures, Sound Ventures, Stellation Capital, Uncork Capital, Visionaries Club, Y Combinator, Balaji Srinivasan, Jaan Tallinn, James Beshara, Jeremy Yap, Julian Koh, Julie McDermott, Louis Beryl, Troy Billett
Dec 1, 2019	ProdPerfect	$13.0M Series A	—	Jana Messerschmidt, Braemar Energy Ventures, Camber Creek, Canvas Ventures, Dragonfly Capital Partners, ENIAC Ventures, Fifth Wall, Founders' Co-op, Intuitive Ventures, Khosla Ventures, KRM Interests LLC, Lightbank, Nyca Partners, Plug & Play Ventures, Red Swan Ventures, Renegade Partners, Section 32, Balaji Srinivasan, James Beshara, Julian Koh, Louis Beryl, Troy Billett
Nov 1, 2019	Eden	$25.0M Series B	—	10100, 8-Bit Capital, Addition, Jana Messerschmidt, BoxGroup, Camber Creek, Canvas Ventures, Catapult Capital, Dragonfly Capital Partners, ENIAC Ventures, Fifth Wall, Founder Collective, Founders' Co-op, Gutter Capital, M.G. Siegler, Independent, Intuitive Ventures, Javelin Venture Partners, Khosla Ventures, KRM Interests LLC, Lightbank, Lightspeed Venture Partners, MS&AD Ventures, Nyca Partners, Red Swan Ventures, Relay Ventures, Renegade Partners, Section 32, Staircase Ventures, Surface Ventures, Techstars, Tribe Capital, Y Combinator, Ade Olonoh, Balaji Srinivasan, Bonny Simi, Clark Landry, Gokul Rajaram, Julian Koh, Louis Beryl, MG Siegler, Rudra Peram, Sahin Boydas, Siddharth Singhal
Nov 1, 2019	Orbital Insight	$50.0M Series D	—	Jana Messerschmidt, Craft Ventures, CRV, Goat Capital, Goldcrest Capital, Greycroft, Index Ventures, M13, MATH Venture Partners, Relay Ventures, Sequoia Capital, Shasta Ventures, Spark Capital, Tusk Venture Partners, Dylan Taylor, Hiro Tamura, Ning Sung, Steve Salis, Travis Vanderzanden
Oct 1, 2019	Bird	$280.0M Series D	—	Battery Ventures, Blue Bear Capital, Greylock, IVP, Polygon, Sapphire Ventures, Sequoia Capital, Sutter Hill Ventures, Wing Venture Capital, Ajit Tripathi, Balaji Srinivasan, Diego Berdakin, Marc Benioff, Shlomo Kramer, Tekin Salimi

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Alate Partners.

Courtney Cooper

Principal

Leadership Team

Key people at Alate Partners.

Courtney Cooper

Principal

Deep Dive

Alate Partners is an early-stage venture capital firm specializing in real estate and construction technology. Its mission is to invest in courageous founders and transformational technologies that aim to improve and reshape the built environment, focusing on sectors such as property management, affordable housing, and real estate transaction efficiency. The firm provides capital, hands-on operational support, and access to a strong network of real estate partners and investors, primarily serving startups in the PropTech and Construction Tech industries. Founded in 2018 and based in Toronto, Alate Partners has backed companies like Doormat, Mave, and Promise Robotics, helping to drive innovation in real estate processes and construction automation[1][2][3].

Alate Partners was formed through a partnership between Dream and Relay Ventures, combining deep expertise in venture capital and real estate. The founding partners bring over 25 years of combined experience, enabling the firm to offer specialized knowledge and a competitive edge in the real estate technology sector. Since its inception, Alate has evolved to become a key player in the Canadian and North American PropTech ecosystem, focusing on early-stage investments at Seed and Series A rounds. The firm emphasizes supporting diverse, founder-led teams with bold ideas and founder-market fit, providing tailored, hands-on support throughout the growth journey[2][5].

Core Differentiators

Sector Specialization: Exclusive focus on real estate and construction technology, allowing deep domain expertise and faster value creation.
Strong Network: Access to influential real estate owners, operators, and investors, facilitating market entry and customer acquisition for portfolio companies.
Hands-On Support: Active collaboration with founders to address operational challenges and growth opportunities.
Proven Track Record: Backed by experienced partners from Dream and Relay Ventures with over 25 years in real estate and venture capital.
Early-Stage Focus: Primarily invests at Seed and Series A stages, supporting startups from inception through scaling[3][5].

Role in the Broader Tech Landscape

Alate Partners rides the growing trend of digital transformation in the real estate and construction sectors, industries traditionally slow to adopt new technologies. The timing is critical as increasing demand for affordable housing, sustainability, and operational efficiency drives innovation in PropTech and Construction Tech. Market forces such as urbanization, rising construction costs, and the need for automation favor Alate’s investment thesis. By bridging venture capital expertise with real estate industry knowledge, Alate accelerates technology adoption, helping to modernize how buildings are designed, built, and managed, thus influencing the broader ecosystem toward smarter, more efficient real estate solutions[1][2][7].

Quick Take & Future Outlook

Looking ahead, Alate Partners is well-positioned to capitalize on emerging trends such as AI-driven real estate analytics, robotic construction, and agentic AI platforms. Their continued focus on early-stage investments and hands-on founder support will likely expand their portfolio’s impact on the built environment. As real estate technology adoption accelerates globally, Alate’s influence as a sector specialist and network connector is expected to grow, potentially shaping the future of real estate and construction innovation. Their commitment to backing courageous, diverse founders suggests a forward trajectory aligned with both technological advancement and inclusive entrepreneurship[3][5].

Sources

Core Differentiators

Sector Specialization: Exclusive focus on real estate and construction technology, allowing deep domain expertise and faster value creation.
Strong Network: Access to influential real estate owners, operators, and investors, facilitating market entry and customer acquisition for portfolio companies.
Hands-On Support: Active collaboration with founders to address operational challenges and growth opportunities.
Proven Track Record: Backed by experienced partners from Dream and Relay Ventures with over 25 years in real estate and venture capital.
Early-Stage Focus: Primarily invests at Seed and Series A stages, supporting startups from inception through scaling[3][5].