2025 Silent Capital Report now available. Where family offices and LPs are actually deploying. [Download for free →]
About usSign in
Status
ACTIVE
Global HQ
London, United Kingdom
Countries of investment
  • United Kingdom
  • Germany
  • Israel
  • Canada
  • Austria
  • Netherlands
  • United States
Investment stages
  • Pre-Seed
  • Seed
  • Series A
Industries
  • Proptech
  • real estate
  • built environment
  • construction tech
  • sustainability
About
Pi Labs is a London-based venture capital firm focused on early-stage property technology and the built environment. Their focus spans proptech, real estate, built environment, construction tech, and sustainability across the United Kingdom, Germany, Israel, Canada, Austria, Netherlands, and United States. The firm supports proptech founders from pre-seed through Series A stages.
Min check size
$440K
Max check size
$2.5M
Fund size
NPS

Investment Thesis

Pi Labs is a pre-seed to Series A stage venture capital firm deploying capital across proptech, real estate, built environment, construction tech, and sustainability sectors. They invest as early-stage lead investors backing founders transforming humanity's relationship with the built world, drawing on strategic real estate LP relationships across Europe. The firm differentiates itself as Europe's first and most active proptech venture capital firm, raising a ~$125M Fund IV and backing companies including Plentific, VerbaFlo, and Dent Reality.
Lead investor
Co Invest
Number of exits
Preferred contact method

Manager's Experience

Founded in 2014 by Faisal Butt (Founder & CEO). Based in London as Europe's first proptech VC; raising a ~$125M Fund IV backed by real estate LPs including APG, Aldar, and Sellar. 60+ portfolio companies across three continents. Portfolio includes Plentific, VerbaFlo, Dent Reality, and Conxai. The firm backs early-stage founders transforming humanity's relationship with the built world.

Pi Labs Contacts Information

Primary contact

Secondary contact

Team

Faisal Butt-Founder & Managing Partner

Michael Murad-Partner

Stefania Ponzo-Partner

Hugo Silva-Partner

Michelle Wilk-Principal

Portfolio

Plentific

VerbaFlo

Dent Reality

Conxai

Elyos AI

Okibo

Audette

PerchPeek

GreenPass

Fulfilld

AskPorter

Airsorted (Houst)

Fund number
Year Founded
Vintage Year
Net Internal Rate of Return
Investment Multiple
Capital Allocation
Management Fee
Carried Interest
AUM
Follow-on Investments
Graduation Rate
Write-Off Ratio
Last profile update timestamp