Ferguson Ventures

Ferguson Ventures is the corporate venture capital and strategic partnering arm of Ferguson Enterprises, the largest US distributor of plumbing supplies and PVF (pipe, valves, and fittings). Founded in 2018 and headquartered in Newport News, Virginia, the firm focuses on built world technology, specifically construction tech and proptech startups. Ferguson Ventures provides innovators focused on the built world with resources, industry expertise, and capital necessary to drive transformation in the construction and services industries. The leadership team includes Kevin Barnes as VP and Managing Director, Stephanie Vega Ziegler as Senior Portfolio Manager, and Blake Luse as Director. The firm deploys $1 million to $5 million per deal across pre-seed through Series B stages and has made approximately 14 investments since founding, averaging roughly one new deal per year. Notable portfolio companies include Higharc, an architectural design platform; VODA.ai, an AI-powered water infrastructure company (most recent investment, May 2025); ConnectM, a clean energy technology platform; Payzer, a contractor payment solution; PypeServer, a construction document automation tool; and Augmenta, a structural engineering AI platform. Ferguson Ventures is also a limited partner in Brick & Mortar Ventures, a fund dedicated to architecture, engineering, construction, and facilities management. Ferguson's competitive advantage as a strategic investor is the distribution network it brings to portfolio companies. The firm leverages Ferguson's extensive commercial relationships, customer base, and industry standing to help startups achieve market validation, distribution partnerships, and commercial scale within the built world ecosystem they serve.