Shadow Ventures

Venture Capital

Shadow Ventures is a venture capital firm based in Atlanta, Georgia, investing in seed-stage PropTech and ConstructionTech startups tackling problems in the $300 trillion 'built world,' including housing shortages, climate change, and construction labor shortages. Unlike traditional VCs, the team is composed of operators - founder KP Reddy and General Partners Nick Durham and Matthew Ohlman (also CTO) - who continue to build and write code themselves. The firm has invested across multiple funds, backing startups such as ICON, Monumental Labs, MagicDoor, and Kadence.

Atlanta, United States · 5+ investments · 1 portfolio companies

Seed
Early Stage
Construction
Real Estate
PropTech
Headquarters
Atlanta, United States
Website
shadow.vc
AUM
$20.0M
Portfolio Company
1
Total Investments
5
Last Investment
Oct 2025
Geographic Focus
United States

Investment Thesis

Investing in the boldest ideas for a transformed built world - backing ambitious founders solving the most difficult problems in Construction and Real Estate.

Shadow Ventures is a Venture Capital firm based in Atlanta, United States. It has made 5 investments in Construction and Real Estate, including BotBuilt.

Portfolio1

Investment History

Sign up to view investment history

Create a free account with 25 free credits every month, no card needed, to unlock deal history, amounts, and round details.