Shadow Ventures, LLC

Emerging manager

SEC exempt reporting adviser (venture capital exemption).

Website: https://shadow.vc
HQ: GA

Shadow Ventures, LLC is a venture firm that invests in ambitious founders solving difficult problems in construction and real estate. Its team includes KP Reddy, Founder and General Partner, Nick Durham, General Partner, Matthew Ohlman, CTO and General Partner, and Brandon Huffman, Advisor. Portfolio companies mentioned include Kadence, AUAR, ICON, Lumina, Monumental Labs, and Eztia.

01 · Says / Does

Tag	Says	Does	Historically (to 2020)
Stages	Not stated	Not enough dated deals	None
Sectors	Construction and proptech	Not enough dated deals	None
Regions	Not stated	Not enough dated deals	None

Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.

Historical focus (through 2020), derived from historical deal data.

Year	Deals	Top sectors
2018	1	Construction and proptech, Manufacturing, Robotics
2019	1	Construction and proptech, Data analytics, Enterprise SaaS

02 · Fund history

Fund	Year	Size	Status
Shadow Ventures Seed Fund II, L.P. Shadow Ventures invests in ambitious founders solving difficult problems in construction and real estate, including construction technology, PropTech, and climate-focused built environment startups. Inferred from the firm's website	2022	$13.41M to $31.52M (Form D and SEC adviser filing)	Open, writing first checks

03 · People across funds

Matthew Ohlman, CTO and General Partner
Shadow Ventures Seed Fund II, L.P. (Named on Form D)
Brandon Huffman, Advisor
Shadow Ventures Seed Fund II, L.P. (Team)
KP Reddy, Founder and General Partner
Shadow Ventures Seed Fund II, L.P. (Team)
Nick Durham, General Partner
Shadow Ventures Seed Fund II, L.P. (Team)

04 · Recent deals

No dated deals found yet.

05 · Latest from the firm

No news from the firm's website yet.

06 · Sources

Fund dates and sizes are from SEC Form D filings.

Last verified: Oct 28, 2026