Strategic partnership with Drew & Jonathan Scott

The Home Innovation Fund is a visionary initiative set to redefine the future of residential living and home building by spearheading transformative technologies in the home sector.

Managed by GroundBreak Ventures and inspired by the innovative ethos of Drew and Jonathan Scott (aka the Property Brothers), the fund seeks to invest in emerging technology companies that are revolutionizing how homes are designed, built, and experienced. HIF is not just a venture fund; it’s a movement towards sustainable, adaptive, and connected living spaces.

Through this unique partnership, the Home Innovation Fund is poised to lead a generational shift in residential real estate, making homes smarter, greener, and more attuned to the needs of their inhabitants.

We must improve how we build, what we build, and what we’ve already built

Housing is set for disruption through technology — driven by a global housing shortage, critical levels of unaffordability, climate mandates, and a complete redefinition of what “home” means. The next decade will create category-defining companies across construction tech, fintech, builttech, and cleantech. 

The Home Innovation Fund (HIF) is a venture capital fund investing in early-stage technologies reshaping how homes are planned, built, financed, operated, and experienced. Our fund is at the forefront of this transformation and enabling more homes to be delivered faster, more sustainably, and more affordably.   

The Need

Despite unprecedented demand for more affordable, sustainable housing, North America’s building ecosystem is still operating with outdated processes and slow adoption of innovation. The result: not enough homes, built too slowly, at too high a cost. 

• The Industry Is Stuck in the Past  : Construction is one of the last major industries that hasn’t modernized, with technology adoption remaining below ~10.

• Housing Affordability Has Reached a Breaking Point : We are living through a cost-of-living crisis, with households now spending 30-50% of their income on housing. Demand for new ways to build — and new paths to ownership — has never been higher.

• Builders Are Under Pressure : Developers & builders are being asked to deliver more with less ddue to labour shortages and rising material costs— automation is now a necessity.  

• Net-Zero Mandates Are Forcing Change : Homes must be built faster and cleaner. Decarbonization is no longer optional — it’s policy. 

• Consumers Expect Better Homes : People want smarter, healthier, tech-enabled living spaces.

The Opportunity

Housing innovation in North America is a trillion-dollar transformation. The sector sits at the convergence of fintech, builttech, insurtech, and cleantech — unlocking an unusually diversified opportunity set with multiple pathways to scale and exit. 

This is one of the most overlooked innovation opportunities of this generation. 

Construction and housing are finally undergoing the same digitization curve that reshaped finance, commerce, and logistics — and the winners will be the companies that industrialize and decarbonize homebuilding. 

• Fintech — Financing & Ownership Innovation 

  • Enabling new ways to finance, own, and invest in homes 

  • NA Market Size: +$400B housing finance tech market 

  • Buyers: Retail Banks, NeoBanks, Mortgage Originators & Asset Managers

  • Value driver: Reduce capital friction so more homes get built

• Insurtech — Risk & Asset Protection 

  • De-risking the construction phase and lifecycle of homes

  • NA Market Size: +$35B global property & casualty insurance innovation 

  • Buyers: Home insurers, Insurtech platforms, Large underwriters 

  • Value driver: Reduce risk = reduce cost of capital

• Builttech — Industrializing Homebuilding 

  • Digitizing planning, automating construction, and optimizing operations

  • Market Size: $40B North American construction + real estate services market 

  • Buyers: Developers & general contractors, Real estate owners, Architecture/engineering firms, Security / IoT providers, Building material distributors 

  • Value driver: Ability to build up to 70% faster, with less labour dependency and 30%+ lower costs

• Cleantech — Net-Zero Homes & Energy Optimization 

  • Decarbonizing buildings and enabling efficient operations

  • NA Market Size: +$1T market including efficiency, electrification, and grid integration 

  • Buyers: Utilities & utility software platforms, Telcos (5G/IoT smart home infrastructure), Government contractors 

  • Value driver: Homes that cost less to operate and meet sustainability requirements

Why this matters for investors 

• Multiple adjacent multi-billion dollar buyer groups 

• Multiple exit pathways

• Strong regulatory tailwinds  

• Housing is becoming a technology market — not just a real estate market

The Vision : Reshaping the Housing Supply Chain

The vision of GroundBreak Venture’s Home Innovation Fund is to reshape how homes are built — through construction technology innovation, partnerships, and capital. We invest in early-stage technologies that streamline the full housing lifecycle to deliver more homes faster, at lower cost, and with higher sustainability and quality. 

• Planning + Design (Plan Faster) : AI/ML for automated design and feasibility, VR/AR visualization, digital permitting, land acquisition platforms. Outcome: Shorten pre-construction cycles and improve certainty. 

• Financing (Unlock Capital & Affordability) : Innovative home financing platforms, construction lending tech, alternative capital, risk analytics and insurance innovation. Outcome: Reduce carrying costs and unlock more pathways to ownership and development. 

• Construction (Build Smarter & More Sustainably) : Robotics-enabled offsite manufacturing, 3D printing, advanced/sustainable materials, AI project delivery. Outcome: Faster build cycles, lower labor dependency, predictable outcomes. 

• Operations (Operate Efficiently) : Smart building systems, IoT + 5G infrastructure, AI-driven utilities and asset intelligence, energy optimization, predictive maintenance. Outcome: Reduce operating costs and improve performance over the lifecycle. 

• Adaptivity (Extend the Life of Housing Stock) : Home adaptivity tech (aging in place, retrofits, conversions), modular add-on units/ADUs, flexible interior systems, wellness integration. Outcome: Enable homes to evolve with the needs of people and communities. 

The Impact

GroundBreak integrates impact as a core investment criterion — not an afterthought. We focus on technologies that expand housing access and affordability, lower emissions through sustainable building and materials, and support adaptable, resilient homes and communities.  

For more detail on our impact framework and metrics, reach out and we’ll share our full methodology.