Entry Requirements

  • Startup must not have raised more than $1M USD.

  • Startup must be incorporated before acceptance into the program.

  • Startup must be solving a significant pain point in the design, build, or operation & maintenance stages of the asset lifecycle.

  • Startup must be available to attend the Customer Conversations Kick-Off in San Francisco, CA on March 10th, 2025. This event takes place alongside the BuiltWorlds Venture West conference (March 11-12, 2026).

  • Startup must be available to attend the Formwork Labs Demo Day festivities on May 13 and May 14, 2026.

  • Startup must be available for the accelerator program from February 18, 2026 to May 14, 2026 on Wednesdays. Timing of sessions will be confirmed upon cohort selection to consider time zones. Each weekly session will run for approximately 2 hours.

Applications open through January 4, 2026.

Apply for the 2026 Formwork Labs program here.

Please note that as part of the application process, we are asking for a 2 min pitch video. Some of the best construction tech founders have their videos on Youtube. ;)

Program Terms

  • Upon selection into the Formwork Labs accelerator the company will be provided with $75,000 to spend at their discretion.

  • Participation in the Formwork Labs program is in exchange for 5% ownership of the company.

  • Brick & Mortar Ventures is not allowed to lead a funding round within 6 months of program completion.

  • Brick & Mortar Ventures will commit to investing up to 25% of the next round of qualified funding within the first 6 months of program completion.

How we invest

  • Problem first, not theme first
    We invest in startups solving a meaningful pain point across the design, build, or operations and maintenance stages of the asset lifecycle. We do not anchor to predefined themes or buzzwords. We anchor to real problems the industry is willing to pay to solve.

  • Grounded in how construction actually buys and uses software
    We study construction industry trends, behavior, and how teams adopt, implement, and scale technology in practice. This informs how we assess solution viability and long term adoption, not just technical potential.

  • Built with an institutional investment lens
    Backed by Brick & Mortar Ventures, we evaluate companies through a venture scale, financial lens. We are not just picking ideas. We are backing founders we believe can build enduring, venture scale businesses.

  • Focused on category defining outcomes
    We ask how big the problem is, whether the company can become a category winner and, ultimately, whether it has a credible path to building a public company.

  • Founder led conviction
    We place weight on the founding team. We assess domain experience, execution capability, and whether this team is uniquely positioned to solve the problem better than anyone else.