Design-build firm Clayco has launched an investment arm called Treehouse Adventures to provide financing and operational infrastructure to startups, including those serving the AEC industry.
“We see a lot of opportunities in construction services,” says Michael Latiner, who joined Clayco last November as Treehouse’s President and Principal.
The goal is to create an environment where fledgling companies can concentrate on innovation and worry less about running a business. Clayco has dedicated the 14th floor of its headquarters in Chicago to provide space for the startups.
Treehouse’s first investment is Chicago-based Ventana Design-Build Systems, a five-month-old company that designs, supplies, and installs high-performance glass curtain wall façade systems. Latiner says Ventana’s President, Bob Trainor (center in photo, flanked by VPs Marty Trainor, left, and Ryan Murphy), was known in the business and had the ideas and processes, but needed Clayco’s operational backbone for support. “We were able to get them up and running in a week,” says Latiner.
Trainor says that Treehouse uses Clayco’s back-office services to provide marketing, IT, legal, and accounting support. It also provides an experienced senior management team and a network of relationships that startups like Ventana can leverage.
Treehouse doesn’t have a dedicated fund set aside for investment, but Latiner says he anticipates investing in two or three companies a year. A second deal has already been cut, with a technology startup whose expertise is making buildings smarter.
Read about more innovations from BD+C's 2014 Great Solutions Report.
Related Stories
Industrial Facilities | Apr 13, 2016
Ford begins 10-year plan to centralize Dearborn, Mich., campus
The company said that it will rebuild 7.5 million sf of work space over a 10-year period, which will shift 30,000 employees from 70 buildings now into two primary locations.
Building Tech | Apr 12, 2016
Should we be worried about a tech slowdown?
Is the U.S. in an innovative funk, or is this just the calm before the storm?
Multifamily Housing | Apr 7, 2016
Multifamily and Specialized Housing projects honored in 2016 AIA Housing Awards
A San Francisco low-income mixed-use complex, a Los Angeles homeless veterans housing facility, and a series of student residential buildings at UMass were among the winners.
Green | Apr 4, 2016
AIA report analyzes 20 years of the best green projects
"Lessons from the Leading Edge" is a study of the 200 Committee on the Environment (COTE) Top Ten Award winning projects since 1997.
Architects | Apr 1, 2016
Adrian Smith earns UIC’s Legacies and Leaders Award
The Chicago architect graduated from the school and created a scholarship for aspiring architects.
Architects | Mar 31, 2016
Zaha Hadid dies at 65
Often credited as being a pioneer for women architects for her work in a male-dominated field, Hadid had designs commissioned around the world from London to Hong Kong to Cincinnati.
Architects | Mar 31, 2016
Auto-shading windows and point-of-decision design are among the research projects to receive AIA funding grants
Firms represented by the projects and initiatives receiving grants include HKS, DO|SU Studio Architecture, and McClain + Yu Architecture and Design.
Hotel Facilities | Mar 30, 2016
The Usonian Inn, a Frank Lloyd Wright-inspired motor lodge, is on the market for $665,000
The Usonian Inn proudly displays many Wright-inspired characteristics, the most prominent of which is the use of cantilevered overhangs.
Designers | Mar 30, 2016
A technical pen for the modern age
Morpholio’s new ScalePen feature dynamically sets line weight depending on the scale or zoom level of the drawing.
Architects | Mar 29, 2016
Why drawing remains relevant in the design process
Hand-drawn concepts allow ideas to emerge and build stronger connections between the design and the audience, as Gensler Principal and Design Director Alex Fernández writes.