JLL Spark

ActiveVenture Capital

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Updated: Jan 22, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Sep 1, 2025	Kin Insurance	$50.0M Series E	—	Alex, Avanta Ventures, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hercules Capital, Infinite Niches, Ligature, Lobby Capital, Picus Capital, QED Investors, Runway Growth Capital, Sandalphon Capital, Vouch Insurance, Chad Nitschke, Francisco Larrain, John M. Mueller, Jonathan Gheller, Sahin Boydas, Sung ho Choi
Apr 1, 2025	Jones	$10.0M Series A	—	Better Tomorrow Ventures, Founder Collective, Foundry Group, Headwater Ventures, Hetz Ventures, NextView Ventures, Urban Innovation Fund
Jan 1, 2025	Jones	$15.0M Series B	—	Better Tomorrow Ventures, Founder Collective, Foundry Group, Hetz Ventures, NextView Ventures
Dec 1, 2024	Vaeridion	$15.0M Series A	—	Alpine Space Ventures, Extantia Capital, Icebreaker.vc, Kompas VC, Project A Ventures, Vsquared Ventures, World Fund, Alexander Ljung, Andrej Henkler, Anya Ruvinskaya, Chris Schagen, Christian Vollmann, Eric Quidenus-Wahlforss, Ragnar Sass
Aug 1, 2024	Optiml	$4.0M Seed	—	Extantia Capital, Innovation Endeavors, Kompas VC, World Fund, Alexander Ljung, Christian Vollmann, Eric Quidenus-Wahlforss
Aug 1, 2024	Companion Protect	$20.0M Series A	—	Alex, Avanta Ventures, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hercules Capital, Infinite Niches, Ligature, Lobby Capital, Picus Capital, QED Investors, Runway Growth Capital, Sandalphon Capital, Vouch Insurance, Chad Nitschke, Francisco Larrain, John M. Mueller, Jonathan Gheller, Sahin Boydas, Sung ho Choi
Jul 1, 2024	Pelotero	$3.0M Seed	—	Gautam Gupta, Kevin Hartz, Accel, Accomplice VC, Alt Capital, Andreessen Horowitz, Bain Capital, Bain Capital Ventures, B Capital Group, Bond, DTCP, Forerunner Ventures, Insight Partners, Ribbit Capital, Y Combinator, Aaron Levie, Howie Liu, Matt Macinnis, Mike Gordon, Mike Vernal
Oct 1, 2023	Induced AI	$2.0M Seed	—	10100, 20VC, Kevin Hartz, AirAngels, Bain Capital, Bankless Ventures, Bedrock Capital, Buckley Ventures, C2 Investment, CapitalX, Chemistry VC, Coalition Operators, Convective Capital, Daffy, Earl Grey Capital, Electric Capital, Emergent Ventures, Gaingels, Kepler Operator’s Fund, Mantis VC, Pareto Holdings, Polygon, rali_cap, Ravelin Capital, REMUS Capital, Seven Seven Six, Shrug Capital, Slow Ventures, Soma Capital, Starship Ventures, Trust Fund, Vibe Capital, Volition Capital, Adam Guild, Baron Davis, Baylor Adams, Bryce Hall, Claire Hughes Johnson, David Hoffman, Dylan Field, Evan Moore, George Ruan, Griffin Johnson, Jonathan Wasserstrum, Julian Shapiro, Louis Beryl, Manik Gupta, Mathilde Collin, Melissa Tan, Moshe Lifschitz, Ryan Tedder, Sam Altman, Scott Belsky, Siqi Chen, Vindi Banga, Zach Segal
Oct 1, 2023	HqO	$50.0M Series D	—	Accomplice VC, Active Impact Investments, Bain Capital, B Capital Group, Climate Capital, Insight Partners, Thirty Five Ventures, Jeremy Stoppelman, Mike Gordon, Mike Krieger, Shane Neman
Sep 1, 2023	Kin Insurance	$33.0M Series D	—	Alex, Avanta Ventures, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hercules Capital, Infinite Niches, Ligature, Lobby Capital, Picus Capital, QED Investors, Runway Growth Capital, Sandalphon Capital, Vouch Insurance, Chad Nitschke, Francisco Larrain, John M. Mueller, Jonathan Gheller, Sahin Boydas, Sung ho Choi
Sep 1, 2023	qbiq	$10.0M Seed	—	Insight Partners
Aug 1, 2023	Companion Protect	$27.0M Series A	—	Alex, Avanta Ventures, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hercules Capital, Infinite Niches, Ligature, Lobby Capital, Picus Capital, QED Investors, Runway Growth Capital, Sandalphon Capital, Vouch Insurance, Chad Nitschke, Francisco Larrain, John M. Mueller, Jonathan Gheller, Sahin Boydas, Sung ho Choi
May 1, 2023	NOYACK	$2.0M Seed	—	10100, Kevin Hartz, Bain Capital, Bedrock Capital, C2 Investment, CapitalX, Chemistry VC, Convective Capital, Daffy, Emergent Ventures, Kepler Operator’s Fund, Ravelin Capital, REMUS Capital, Shrug Capital, Soma Capital, Starship Ventures, Vibe Capital, Bryce Hall, Dylan Field, Evan Moore, Griffin Johnson, Jonathan Wasserstrum, Moshe Lifschitz, Siqi Chen, Zach Segal
Apr 1, 2023	Kindred	$15.0M Series A	—	10100, Kevin Hartz, Bain Capital, Bedrock Capital, C2 Investment, CapitalX, Chemistry VC, Convective Capital, Daffy, Electric Capital, Emergent Ventures, Kepler Operator’s Fund, Lightspeed Venture Partners, Ravelin Capital, REMUS Capital, Shrug Capital, Soma Capital, Starship Ventures, Vibe Capital, Alfonso De los Rios, Bryce Hall, Dylan Field, Griffin Johnson, Jonathan Wasserstrum, Moshe Lifschitz, Sam Altman, Siqi Chen, Zach Segal
Mar 1, 2023	Kin Insurance	$15.0M Series D	—	Alex, Avanta Ventures, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hercules Capital, Infinite Niches, Ligature, Lobby Capital, Picus Capital, QED Investors, Runway Growth Capital, Sandalphon Capital, Vouch Insurance, Chad Nitschke, Francisco Larrain, John M. Mueller, Jonathan Gheller, Sahin Boydas, Sung ho Choi
Feb 1, 2023	Frond	$3.0M Seed	—	10100, Kevin Hartz, Adams Street Partners, AirAngels, Alt Capital, Amazon Alexa Fund, Astanor Ventures, Bain Capital, Basecase Capital, Bedrock Capital, C2 Investment, CapitalX, Chemistry VC, Convective Capital, Craft Ventures, Daffy, Eclipse Ventures, Emergent Ventures, Engineering Capital, Firstminute Capital, Foundamental, General Catalyst, Graduate Entrepreneur, Innovation Endeavors, Kepler Operator’s Fund, La Famiglia, Lainy, M13, NextView Ventures, Notion Capital, Olima Ventures, Preston-Werner Ventures, Rainfall Ventures, Ravelin Capital, REMUS Capital, Sequoia Capital, Shrug Capital, Soma Capital, Speedinvest, Starship Ventures, Vibe Capital, Vinyl Capital, Y Combinator, Adam Wiggins, Allison Pickens (Allison Pickens Ventures), Andrew Bialecki, Andy Leaver, Anil Dharni, Arash Ferdowsi, Bobby Lo, Bradley Horowitz, Bryce Hall, Chad Nitschke, Charlie Songhurst, Christian Faes, Christian Vollmann, Dan Siroker, Darius Contractor, Dave Balter, Dharmesh Shah, Drew Houston, Dylan Field, Evan Moore, Frédéric Mazzella, Gordon Wintrob, Griffin Johnson, Hanno Renner, Humberto Ayres Pereira, Immad Akhund, James Beshara, Jeff Seibert, Jonathan Wasserstrum, Jonathan Widawski, Julian Shapiro, Karl Jacob, Khaled Helioui, Kyle Vogt, Liu Jiang, Louis Beryl, Mario Götze, Max Mullen, Michael Stoppelman, Moshe Lifschitz, Nicolas Brusson, Rich Miner, Sam Altman, Sara Lannin, Scott Belsky, Siqi Chen, Steven Kamali, Tom Williams, Wayne Chang, Zach Segal
Jan 1, 2023	TrueBiz	$2.0M Seed	—	Alex, Avanta Ventures, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hercules Capital, Infinite Niches, Ligature, Lobby Capital, Picus Capital, QED Investors, Runway Growth Capital, Sandalphon Capital, Vouch Insurance, Chad Nitschke, Clark Landry, Francisco Larrain, John M. Mueller, Jonathan Gheller, Sahin Boydas, Sung ho Choi
Dec 1, 2022	Abide	$1.0M Seed	—	10100, Kevin Hartz, Alpine Meridien, Bain Capital, Bedrock Capital, Bullpen Capital, C2 Investment, CapitalX, Chemistry VC, Chicago Ventures, Convective Capital, Daffy, Emergent Ventures, Gaingels, Ironspring Ventures, Kepler Operator’s Fund, Las Olas Venture Capital, Mana Ventures, Piva Capital, Ravelin Capital, REMUS Capital, Shrug Capital, Soma Capital, Starship Ventures, Trimble Ventures, Vibe Capital, Bryce Hall, Dylan Field, Evan Moore, Griffin Johnson, Jonathan Wasserstrum, Moshe Lifschitz, Sam Altman, Siqi Chen, Zach Segal
Dec 1, 2022	Complif	$3.0M Seed	—	Alex, Avanta Ventures, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hercules Capital, Infinite Niches, Latin Leap, Ligature, Lobby Capital, Magma Partners, Picus Capital, QED Investors, Runway Growth Capital, Sandalphon Capital, Vouch Insurance, Alexander Torrenegra, Arash Ferdowsi, Chad Nitschke, Francisco Larrain, John M. Mueller, Jonathan Gheller, Sahin Boydas, Sung ho Choi, Tom Blomfield
Nov 1, 2022	Better Trucks	$15.0M Series A	—	Alex, Avanta Ventures, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hercules Capital, Infinite Niches, Ligature, Lobby Capital, Picus Capital, QED Investors, Runway Growth Capital, Sandalphon Capital, Vouch Insurance, Chad Nitschke, Francisco Larrain, John M. Mueller, Jonathan Gheller, Sahin Boydas, Sung ho Choi
Aug 1, 2022	Neutral	$12.0M Series A	—	Abstract Ventures, Kevin Hartz, Alumni Ventures, Andreessen Horowitz, Animal Capital, Breakthrough Energy Ventures, C2 Investment, Craig Shapiro, Collaborative Fund, Darco Capital, ENIAC Ventures, Fifth Wall, Framework Ventures, Future Shape, Greylock, Marc van den Berg, Paladin Capital Group, Pantera Capital, Paradigm, Parkway VC, REMUS Capital, Seed Club Ventures, Spark Capital, Sweater Ventures, Turing Capital, Wind Ventures, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Bradley Horowitz, Bryce Hall, Charlie Cheever, Christina Cacioppo, Dylan Field, Frederic Kerrest, Griffin Johnson, Jawed Karim, John Collison, John Legend, Julia Hartz, Kevin Love, LeBron James, Mark Cuban, Rick Johanson, Ron Pragides, Shane Neman, Spencer Slaine, Tobias Lutke
May 1, 2022	Unit	$100.0M Series C	—	Accel, Benchmark, Better Tomorrow Ventures, Coatue, Comal Ventures, Data Tech Fund, Felicis Ventures, Flex Capital, Geek Ventures, Insight Partners, Kleiner Perkins, LGF, Glenn Solomon, Sarona Ventures, Sequoia Capital, Y Combinator, Charles Zedlewski, Eric Chernoff, Harry Hurst, John Kobs, Karim Atiyeh, Shay Banon, Travis May
Apr 1, 2022	Sealed	$30.0M Series B	—	10100, Kevin Hartz, Accel, Bond, Breakthrough Energy Ventures, Fifth Wall, Footprint Coalition, Future Shape, Khosla Ventures, MKT1 Capital, Next Play Ventures, Marc van den Berg, S28 Capital, Sound Ventures, Sweater Ventures, Threshold Ventures, Webb Investment Network, Wind Ventures, WndrCo LLC, Aaron Rankin (Sprout Social), Bradley Horowitz, Emily Kramer, George Kurtz, Gerhard Eschelbeck, Grant Miller, Justin Timberlake, Robert Vis, Ron Pragides, Ryan Reynolds, Stewart Butterfield, Tobias Lutke, Trevor Noah
Feb 1, 2022	Kin Insurance	$82.0M Series D	—	Alex, Avanta Ventures, Bain Capital Ventures, Bennu, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Company Capital, Cyphr VC, Flourish Ventures, Geodesic Capital, Hercules Capital, Hyde Park Venture Partners, Infinite Niches, Ligature, Lobby Capital, Monroe Capital, Mucker Capital, Picus Capital, QED Investors, Qualcomm Ventures, Runway Growth Capital, Sandalphon Capital, Vayner RSE, Vouch Insurance, Baron Davis, Chad Nitschke, Francisco Larrain, Haroon Mokhtarzada, Jason Gardner, Jason Robins, John M. Mueller, Jonathan Gheller, Omar Soliman, Peter Kight, Sahin Boydas, Sébastien Deguy, Sung ho Choi, Tamim Mourad, Will Kassoy, Yahya Mokhtarzada
Dec 1, 2021	Mesh Payments	$50.0M Series B	—	8VC, Activant Capital, Alumni Ventures, Cedar Capital Group, Kevin Ding, Founders Fund, Modern Venture Partners, S Capital VC, TLV Partners, Verified Capital, Alain Hanover

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at JLL Spark.

Leadership Team

Key people at JLL Spark.

Deep Dive

JLL Spark is a corporate venture capital fund investing in early-stage technology startups that disrupt the commercial real estate (CRE) industry by leveraging JLL’s global presence and expertise. Its mission is to harness external innovation to drive transformation across the built world, focusing on data intelligence, sustainability, financial technology, construction technology, smart buildings, future of work, and industrial automation. By partnering with startups, JLL Spark aims to blend JLL’s deep industry knowledge with cutting-edge technology to optimize real estate operations and create a more sustainable built environment, thereby significantly impacting the PropTech startup ecosystem[1][2][4].

Founded as part of JLL’s broader commitment to innovation, JLL Spark benefits from JLL’s extensive history dating back to the late 1700s and its position as a leading real estate professional services firm operating in over 90 countries. The fund’s strategic investments are tightly aligned with JLL’s core business needs, enabling portfolio companies to scale rapidly through direct access to JLL’s global network and client base. This symbiotic relationship helps startups refine their go-to-market strategies and accelerate adoption of disruptive technologies within CRE[2][5].

Core Differentiators

Strategic Alignment: JLL Spark invests exclusively in startups that fit JLL’s commercial real estate focus, ensuring relevance and synergy with JLL’s core business[2].
Network Strength: Access to JLL’s global footprint and client relationships provides portfolio companies with unparalleled market reach and partnership opportunities[1][2].
Operating Support: Dedicated Growth team members work closely with startups to integrate their solutions within JLL’s operations and client services, fostering mutual success[2].
Focused Investment Themes: Emphasis on data-driven intelligence and sustainability addresses critical industry challenges, positioning portfolio companies at the forefront of CRE innovation[1].
Track Record: JLL Spark has backed a diverse portfolio of PropTech startups that enhance tenant experience, construction productivity, financial management, and smart building technologies[4].

Role in the Broader Tech Landscape

JLL Spark rides the wave of digital transformation and sustainability imperatives reshaping the real estate sector. The timing is critical as CRE faces pressure to reduce its significant carbon footprint (40% of global emissions) and improve operational efficiency through data and automation. Market forces such as rising demand for smart buildings, flexible workspaces, and industrial automation create fertile ground for PropTech innovation. JLL Spark acts as a bridge between emerging technologies and established real estate stakeholders, accelerating the adoption of solutions that improve asset performance and environmental impact[1][5].

Quick Take & Future Outlook

Looking ahead, JLL Spark is poised to deepen its influence by continuing to invest in startups that leverage AI, data analytics, and sustainability technologies to transform CRE. Trends such as AI-driven property management, IoT-enabled smart buildings, and green construction will shape its portfolio evolution. As JLL further integrates technology into its operations, JLL Spark’s role as a strategic innovation partner will likely expand, driving broader ecosystem change and enabling a more sustainable, efficient built environment.

In summary, JLL Spark exemplifies a corporate venture fund that not only provides capital but also strategic partnership and operational integration, making it a pivotal player in the future of PropTech innovation[1][2][5].

Sources

Core Differentiators

Strategic Alignment: JLL Spark invests exclusively in startups that fit JLL’s commercial real estate focus, ensuring relevance and synergy with JLL’s core business[2].
Network Strength: Access to JLL’s global footprint and client relationships provides portfolio companies with unparalleled market reach and partnership opportunities[1][2].
Operating Support: Dedicated Growth team members work closely with startups to integrate their solutions within JLL’s operations and client services, fostering mutual success[2].
Focused Investment Themes: Emphasis on data-driven intelligence and sustainability addresses critical industry challenges, positioning portfolio companies at the forefront of CRE innovation[1].
Track Record: JLL Spark has backed a diverse portfolio of PropTech startups that enhance tenant experience, construction productivity, financial management, and smart building technologies[4].