GroundBreak Ventures

GroundBreak Ventures is a venture capital firm specializing in real estate and property technology investments. They invest as early as the pre-seed stage, providing both capital and domain expertise to support the growth of entrepreneurs and their businesses. The firm is based in Toronto and supported by Hopewell®, a multifaceted real estate organization with operations across North America. Over its nearly 40-year history, Hopewell has built extensive industry networks and deep expertise in residential and commercial development, homebuilding, property management, and logistics. The company has embraced innovation; a willingness to adopt new technology is a key differentiator in its approach to business.

The firm's investment strategy focuses on early-stage opportunities—from pre-seed to Series A—that are driving innovation across the full building value chain, with the ability to follow on across multiple rounds. They seek strong, nimble founders who can adapt to rapidly evolving customer needs and market dynamics. GroundBreak Ventures looks for businesses with large addressable markets, minimal customization, and a predictable, repeatable sales model. They value attention to detail and believe that strong execution is highly correlated to profitable outcomes. Timing is also crucial; they look for companies addressing material pain points in the market today, with a vision for where that market might be tomorrow.

GroundBreak Ventures has been active in the property technology sector, making over 30 investments in the past five years. Notable exits include Relogix and INDUS.AI. The firm has also been involved in initiatives like the Centre for Housing Innovation, supported by a $3.5 million investment from the Federal Economic Development Agency for Southern Ontario, aiming to tackle Canada's housing crisis by advancing innovative, affordable, healthy, and sustainable housing solutions. Additionally, they have partnered with the DMZ to launch a PropTech incubator program, providing specialized programming to fast-track the growth of startups solving real estate problems.