PropTech Private Equity Platform

Operator-led capital for the built environment software stack.

Develobrite acquires, integrates, and scales PropTech software companies across the full built environment — deploying $161.978 billion of institutional capital across 47 funds spanning the 2026 and 2028 vintages, with disciplined underwriting, a proprietary operating system, and founder-first integration.

Alexandra Pohl, Founder and CEO of Develobrite
Alexandra Pohl
Founder & CEO

At a Glance

A platform sized for institutional deployment.

$161.978B
All-In Committed Capital
2026 + 2028 vintages combined
47
Fund Vehicles
39 investment + 4 ops + 4 reserve
$97.187B
Investment Fund AUM
39 investment funds
18–23%
Net IRR Target
8% preferred return, compounded

Why Develobrite

Four principles that shape every acquisition.

Our discipline shows up before the term sheet — and stays in place through the ARR growth curve, integration milestones, and exit.

01

Disciplined Underwriting

Every acquisition is underwritten against defined ARR thresholds, net revenue retention benchmarks, churn limits, EBITDA targets, and deployment velocity — not growth rate alone.

02

Operator-Led Portfolio

Our operating team deploys a proprietary operating system at each portfolio company post-close — pricing, retention, distribution, and tuck-in M&A — with monthly KPI reviews.

03

Ethics-First Mandate

Acquisition terms, integration timelines, LP economics, and management retention arrangements are disclosed fully before commitment. No post-close surprises.

04

Aligned Interests

GP principals commit 2% of total fund commitments across every fund. American waterfall with clawback and 30% of carry held in escrow throughout the fund term.

Investment Process

Source, evaluate, acquire, realize.

A repeatable four-stage process built for scale across the 2026 vintage's eight PropTech categories and the 2028 vintage's risk-tiered strategies.

Source

National network of PropTech sector advisors, VC and growth equity firm relationships, software investment banking contacts, and proprietary founder outreach.

Evaluate

Proprietary underwriting covering ARR, NRR, churn, EBITDA, customer concentration, technology architecture, and integration complexity. Sub-threshold deals declined early.

Acquire & Integrate

90-day integration protocol deploys our proprietary operating system — pricing optimization, customer retention, distribution expansion, and tuck-in M&A pipeline.

Realize

Companies built toward defined exit milestones on ARR scale, EBITDA margin, and NRR above 110% — for strategic sale, recapitalization, or continued growth.

Alexandra Pohl

Founder & CEO

Built by an operator, for operators.

Alexandra Pohl founded Develobrite on a structural observation: thousands of PropTech founders have built products with genuine market fit and sticky ARR, but lack the institutional capital, GTM infrastructure, and operational management to reach scale without burning their cap table on premature growth spend.

“PropTech is full of software that never touches a building. I only fund the tools operators pay for.”

Before Develobrite, Alexandra spent seven-plus years at Toyota and Danfoss applying lean and TPS methodologies to complex multi-site operations, followed by eight-plus years in senior U.S. federal leadership on regulatory and infrastructure matters — personally directing $300M+ in development and capital programs.

Read the full bio

Full-Spectrum Coverage

Two vintages. Six risk profiles. Eight PropTech categories.

The 2026 vintage deploys $95.281B across eight PropTech categories. The 2028 vintage adds $66.697B across 31 risk-tiered investment funds — Core, Core-Plus, Value-Add, Growth, Opportunistic, and Special Situations — plus dedicated Operations and Reserve vehicles.

Fund I

Property Operations

Property operations platform technology and rent collection and payment technology.

Fund II

Construction & Design

Construction and design technology, digital twin and spatial visualization technology.

Fund III

Smart Building & Access

Smart building and energy optimization, plus building security and access control technology.

Fund IV

Data, Analytics & AI

Real estate data analytics, AI valuation, and ESG and sustainability reporting technology.

Fund V

Transaction & Tokenization

Real estate transaction and tokenization technology, CRM and investor relations technology.

Fund VI

Real Estate FinTech

Mortgage and lending technology, and real estate insurance technology.

Fund VII

Field Operations

Drone and aerial inspection technology and other field-operations tooling for property portfolios.

Fund VIII

Emerging Ventures

Early-stage and thematic PropTech venture investments across the operating portfolio's strategic verticals.

See all funds and terms

Stewardship

“I do not buy a thesis. I buy a P&L line that improved.”

Alexandra Pohl, Founder & CEO

Two conversations we start every week.

Founders exploring a growth partnership. LPs evaluating fund commitments. If either sounds like you, we should talk.

For founders For LP investors