Construct Capital

Construct Capital is an early-stage venture capital firm, founded in 2020 by Dayna Grayson and Rachel Holt. The firm focuses on investing in foundational industries that are key to the economy, such as manufacturing, transportation, supply chain, and logistics. These sectors drive over half of the U.S. GDP, yet they have been underinvested in for decades. Construct Capital aims to address this gap by supporting technology-driven startups that are transforming these critical industries. Construct typically invests in Seed and Series A rounds, with check sizes ranging from $1 million to $10 million. The firm backs innovative companies like Hadrian, which is automating precision manufacturing for space and defense, and Copia, which introduces developer tools for industrial automation​. With a strong operator-investor background—Dayna Grayson’s experience in industrial tech investing and Rachel Holt’s leadership at Uber—Construct provides hands-on support to founders. Their $140 million debut fund and the recently announced $300 million second fund enable them to continue leading investments in bold founders who are reimagining these industries​.