Foundamental is a venture capital firm that invests primarily in construction technology. They believe that the construction industry is undergoing a fundamental shift due to increasing demand, decreasing productivity, and a shortage of skilled workers. Foundamental’s approach is unique in that they are globally focused, with offices and teams located in North America, Asia-Pacific, and Europe. The firm takes a long-term, thesis-driven approach to investing, focusing on concentrated bets and providing significant follow-on funding to support their portfolio companies. Their investment strategy is based on the belief that technology will play a crucial role in transforming the construction industry, enabling companies to do more with less and improve efficiency.