# Brick & Mortar Ventures

Brick & Mortar Ventures is a Private Equity based in San Francisco, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** San Francisco, United States
- **Founded:** 2015
- **Assets under management:** Undisclosed
- **Website:** www.brickmortar.vc
- **LinkedIn:** https://www.linkedin.com/company/brickmortarvc

## Regulatory record

- **CRD number:** 292884
- **SEC file number:** 802-112677
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/292884

## About

Brick & Mortar Ventures was identified in research records as a private equity manager. No founding year or named principals appear in available sources. The firm lists strategy coverage across early stage, seed, and growth investments. No specific portfolio companies, co-investors, or geographic deployments beyond headquarters are recorded. No team size, additional offices, or recent operational events from the last 24 months are documented.

## Sectors

- Industrial Tech
- PropTech
- Robotics & Automation
- Enterprise Software
- Energy Transition & Renewables
- Mobility & Transportation

## People

- Darren Bechtel — Founder & Managing Director
- Kaustubh Pandya — General Partner
- Curtis Rodgers — Partner
- Austin Yount — Partner
- Guillaume Bazouin — Partner, EMEA
- Alice Leung — Principal, Platform & Product Strategy
- Aditya Thakur — Venture Partner

## Questions

### Who runs investment decisions at Brick & Mortar Ventures?

Founder and Managing Director Darren Bechtel leads the firm, supported by General Partner Kaustubh Pandya and a partnership group that includes Curtis Rodgers, Austin Yount, and Guillaume Bazouin. Bechtel brings both a personal family heritage in global construction and seven years of engineering and turnaround CEO experience to investment decision-making.

### How does Brick & Mortar source proprietary deal flow?

The firm’s proprietary advantage comes from a limited-partner base composed of construction-industry giants — including Ardex, Autodesk, Cemex, United Rentals, Hilti, Obayashi, and Sidewalk Labs — as disclosed on its own website. These strategic LPs provide market intelligence, pilot-project introductions, and eventual M&A pathways for portfolio companies.

### Does Brick & Mortar participate in fund commitments or only direct deals?

Based on all available disclosures, the firm invests exclusively through direct venture capital deals. There is no public record of it acting as a fund-of-funds investor or committing capital to third-party venture managers.

### What investment stages does Brick & Mortar typically target?

The firm invests across early-stage, seed, and growth equity rounds in construction-technology companies. Its investment scope spans incremental digitalization of paper-based processes to radically disruptive new processes like autonomous equipment and exoskeletons, according to its published investment thesis.

### How is Brick & Mortar related to Bechtel Corporation?

Darren Bechtel's family controls Bechtel Corporation, one of the largest engineering and construction firms in the world. Brick & Mortar Ventures is an independent venture capital firm with no disclosed formal management or investment relationship with Bechtel Corporation, though the shared heritage gives the investment team unique AEC industry access and credibility.

## Related profiles

- [Bricklayers' Pension Trust Fund-Metropolitan Area](https://altss.com/profile/bricklayers-pension-trust-fund-metropolitan-area)
- [Bricks Capital Management](https://altss.com/profile/bricks-capital-management)

---

Last updated: 2026-07-06T00:31:39.091Z

Canonical page: https://altss.com/profile/brick-mortar-ventures

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology