Brick & Mortar Ventures has closed its new fund at $97.2 million. Based in San Francisco, Brick & Mortar is a construction tech venture firm. SAN FRANCISCO, Aug. 13, 2019 /PRNewswire/ — Today, Brick & Mortar Ventures, the premier construction tech venture firm, has announced the close of a $97.2M fund. Brick & Mortar invests in emerging companies developing innovative software and hardware solutions for the industries of architecture, engineering, construction, and facilities management. The close of the fund marks Brick & Mortar’s first institutional capital.