Matt Litovitz

Adaptive is the AI-native project accounting platform for construction. Adaptive runs the financial operations of modern construction companies. From job costing and AP to billing, payments, and WIP reporting, our AI agents handle the work — reading invoices, coding to the right jobs, routing approvals, paying vendors, and keeping your financials current, continuously. They connect the field to the books, so what happens on the jobsite shows up in your numbers the same day. They also do the thinking: flagging budget risks, recommending next actions, and answering questions about any project, instantly. Its the operational infrastructure behind builders whove outgrown manual processes and disconnected tools. Construction finance has always been fragmented: jobs, budgets, compliance, approvals, and reporting spread across tools that dont talk to each other. Adaptive brings it into one system, purpose-built for builders and the accounting firms that serve them. Since launching in 2023, weve grown to approximately 1,000 customers, earned an NPS of 80, and built partnerships with 6 of the top 100 CPA firms. Adaptive was also named Best Business Software Solution at the NAHB International Builder Show in 2026. Weve raised $26M from Emergence, a16z, and the operators behind Brex, Ramp, Square, and Shopify. We value diligence, creativity, urgency, and teamwork. If youre excited about reshaping a massive, consequential industry, wed love to meet you. Explore open roles: https://jobs.ashbyhq.com/Adaptive

NFX is a venture firm exclusively focused on pre-seed & seed stage startups.

Arc is the capital management platform for ambitious companies and private investors. Arc serves the innovation economy with intelligent cash management and capital markets solutions, in partnership with leading financial institutions and a proprietary network of private credit funds. Founded in 2021, Arc has headquarters in San Francisco and New York City. It has raised over $180 million of equity and debt capital from investors including Left Lane Capital, NFX, Atalaya, Bain Capital Ventures, Clocktower Technology Ventures, Torch Capital, and Y Combinator, among others. To learn more, visit www.joinarc.com. Arc is a financial technology company, not a bank. For important information about Arc, see our general disclosures: https://www.joinarc.com/general-disclosures

Finleys software simplifies debt capital management for banks and asset managers. By automating due diligence, ensuring compliance, and streamlining ongoing reporting, Finley helps ensure that capital is always available when companies need it. Finleys investors include CRV, Bain Capital Ventures, Y Combinator, Haystack, and Nine Four Ventures.

Fortress Investment Group LLC is a leading, highly diversified global investment manager. Founded in 1998, Fortress manages $55 billion of assets under management as of December 31, 2025, on behalf of approximately 2,000 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. AUM refers to assets Fortress manages, including capital that Fortress has the right to call from investors, or investors are otherwise required to contribute, pursuant to their capital commitments to various funds or managed accounts.

Ventus Capital Management provides asset-backed credit solutions for category-defining businesses in financial technology and specialty finance.

QED Investors is a leading venture capital firm based in Alexandria, Virginia. We are focused on investing in disruptive financial services companies in the U.S., the U.K. and Europe, Latin America, India and Southeast Asia and Africa. QED Investors is dedicated to building great businesses and uses a unique, hands-on approach that leverages its partners’ decades of entrepreneurial and operational experience, helping companies achieve breakthrough growth. Notable investments include AvidXchange, Betterfly, Bitso, Caribou, ClearScore, Creditas, Credit Karma, Current, Flywire, Kavak, Klarna, Konfio, Loft, Mission Lane, Nubank, QuintoAndar, Remitly, SoFi, Wagestream and Wayflyer.

Adaptive is the AI-native project accounting platform for construction. Adaptive runs the financial operations of modern construction companies. From job costing and AP to billing, payments, and WIP reporting, our AI agents handle the work — reading invoices, coding to the right jobs, routing approvals, paying vendors, and keeping your financials current, continuously. They connect the field to the books, so what happens on the jobsite shows up in your numbers the same day. They also do the thinking: flagging budget risks, recommending next actions, and answering questions about any project, instantly. Its the operational infrastructure behind builders whove outgrown manual processes and disconnected tools. Construction finance has always been fragmented: jobs, budgets, compliance, approvals, and reporting spread across tools that dont talk to each other. Adaptive brings it into one system, purpose-built for builders and the accounting firms that serve them. Since launching in 2023, weve grown to approximately 1,000 customers, earned an NPS of 80, and built partnerships with 6 of the top 100 CPA firms. Adaptive was also named Best Business Software Solution at the NAHB International Builder Show in 2026. Weve raised $26M from Emergence, a16z, and the operators behind Brex, Ramp, Square, and Shopify. We value diligence, creativity, urgency, and teamwork. If youre excited about reshaping a massive, consequential industry, wed love to meet you. Explore open roles: https://jobs.ashbyhq.com/Adaptive

NFX is a venture firm exclusively focused on pre-seed & seed stage startups.