Led by Mihir Shah and Yishai Lerner, JLL Spark Global Venture Fund plans to invest up to in companies focused on leveraging technology to transform the real estate industry. The fund will direct its efforts to technology startups with products that can help JLL investor and occupier clients, or that can be used by JLL businesses to better deliver their services.
The new fund will focus on seed and Series A investments, as well as select later stage rounds and will also support entrepreneurs and their companies by connecting them with JLL’s business lines and clients for insightful feedback and distribution of their products.
Typical investment size will range from a few hundred thousand to several million dollars.
Led by Christian Ulbrich, Global CEO, JLL is a Fortune 500 company with nearly 300 corporate offices, operations in over 80 countries and a global workforce of 83,500 as of March 31, 2018.